Name: OPIFORM EOBXL
Author: Optiform

Help Desk

Web and Video Conferencing

Customer Support

Beta Testing

Cross-Browser Testing

Feature Management

Functional Testing

Performance Testing

Product Analytics

Virtual Reality

Development

Business Intelligence (BI)

Collaboration

Contract Analysis

Emissions Management

Payment Facilitation

Enterprise

Accounting

Accounts Payable

Accounts Receivable

Crypto Tax

Travel Management

Finance and Accounting

ACA Compliance

Applicant Tracking

Compensation Management

Corporate Learning Management

HR Management

Payroll

Relocation

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

API Design

Cloud Storage

DevOps

Fraud Detection

Integration Platform as a Service (iPaaS)

Network Performance Monitoring

Privileged Access Management

Software Components

Software Composition Analysis (SCA)

Storage as a Service (STaaS)

Time Series Databases

Vendor Risk Management

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Content Marketing

Data Management

Email Marketing

Marketing Automation

Online Reputation Management

Product Intelligence

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Task Management

Professional Services

Customer Onboarding

Customer Relationship Management (CRM)

eCommerce Analytics

Sales

Cloud Infrastructure Entitlement Management

Virtualization Security

Security

Aviation

Banking

Church Management

Digital Forensics

Fleet Management

Geographic Information

Hospital Management

Insurance Claims Management

Intelligent Document Processing

Internet of Medical Things

Veterinary

eDiscovery

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Priority Matrix

Appfluence

eMeetingsOnline

ReportsNow

Crowdtap

FastPIPE

FastEST, Inc.

AspenOne Supply Chain Management

Aspen Technology

Azurepath

Azurepath, LLC.

Screenful

Screenful Oy

Aras PLM

Aras Corporation

Frosmo

Frosmo Ltd

Optiform eobXL is a solution offered by Optiform that aims to automate the processing of Explanation of Benefits (EOB) forms using machine print recognition technologies. According to the vendor, this software solution is designed to streamline the data extraction and integration process, potentially accelerating billing cycles and reducing manual data entry tasks. Optiform eobXL is targeted at healthcare providers of various sizes, from small clinics to large hospitals and healthcare organizations. It is used by professionals and industries such as healthcare providers, medical billing companies, insurance companies, revenue cycle management companies, and healthcare administrators.

## Key Features

**User-Friendly Setup and Administration**: According to the vendor, Optiform eobXL provides a user-friendly interface that allows end-users to easily configure the classification, extraction, data validation, and reconciliation rules.

**HIPAA Compliant Batch Management**: The vendor claims that the solution ensures a secure scanning and batch management environment that complies with HIPAA requirements, maintaining patient privacy.

**Semi-Structured Forms Processing Engine**: According to the vendor, Optiform eobXL features a powerful engine capable of locating machine printed data elements within EOB forms, regardless of their location or the number of occurrences across multiple pages. It is also said to be able to read data elements with varying formats, such as dates and currency amounts.

**Accurate Machine Print Recognition Rates**: The vendor states that the OCR (Optical Character Recognition) engine used in Optiform eobXL has demonstrated high recognition accuracy rates, reaching up to 99.98%. It is claimed to require minimal character correction, with less than 20 characters per 100,000 characters processed.

**Data Conversion**: According to the vendor, Optiform eobXL includes a utility that allows users to convert extracted data elements into a standard format, ensuring compatibility with other systems and processes.

**Hierarchical Data Structure**: The solution's underlying data structure, as claimed by the vendor, is designed to capture, organize, and validate data according to the basic structure of an EOB and the required data output format for patient billing systems. It includes records for claim header, claim transaction, claim transaction detail, and claim footer.

**Automatic Identification and Grouping of Transactions**: According to the vendor, Optiform eobXL can automatically identify and group transactions based on the appropriate output format. This feature is said to ensure that claim level transactions on EOBs that break across pages are kept together as a single transaction without manual intervention.

**Automatic Validation of Suspect Characters and Missing Data Elements**: The vendor claims that the processing solution provides an interface for reviewing and correcting characters with low accuracy rates. It also identifies when data elements are missing from a transaction, allowing users to review and address any missing information.

**Payment Reconciliation**: According to the vendor, when claim payments do not balance against the payment total, Optiform eobXL offers an automated mechanism to review payments and correct possible math errors, ensuring accurate payment reconciliation.

**Missing Pages**: The vendor states that Optiform eobXL allows missing pages to be re-integrated with batches in-process when they are obtained at a later date from the payer, facilitating a seamless processing workflow.

ChiroTouch is cloud chiropractic software offering an integrated EHR software built for chiropractors, top to bottom.  ChiroTouch is an integrated system for payment processing and insurance claims management.

ChiroTouch

Xactimate is a property claims estimating application, supporting restoration professionals with repair process management. Xactimate was developed by Xactware, a property insurance and repair / remodeling software specialist that is now a Verisk Analytics company since the 2017 acquisition.

$760

$1910

Xactimate

OPIFORM EOBXL

Insurance claims management software focus primarily on providing information essential for the evaluation of claims with a centralized system of record. Beyond providing operational efficiency in the management of claims, insurance claims systems should also reduce the risk of fraudulent claims by providing access to all relevant data associated to claims in an organized fashion, supporting risk evaluation.

Optiform

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Insurance Claims Management Software

OPIFORM EOBXL

Overview

What is OPIFORM EOBXL?