DESCRIPTION

The MedCom Web Portal provides innovative solutions for electronically processing transactions within the healthcare industry. The service package available for physicians, clinics and hospitals includes the following processing capabilities: Real Time transactions including: Patient Eligibility/Benefit Verification. 100% Paperless Accounts Receivable Financing. Self pay receivable management including: Patient Easy Pay, Credit/Debit Cards, Check Guarantee. Typical transactions take approximately 30 seconds.

The MedCom System can be updated to include new insurance carriers or other program enhancements in minutes over phone lines.

The MedCom System takes up a small foot-print on the desk, is easy to use and is offered with full customer service support for all transactions and technology.

The MedCom System is offered with an optional Check Reader to expand your payment collection options.

FEATURES

The MedCom Transaction Portal is a clear and easy menu bar driven web page. All features are easily accessible from the drop down menu headings. It is easy to manage, and its minimal training needs ensure all employees can quickly navigate this transaction portal.

Credit, debit and check transactions can easily be consolidated into one application. Payment, detail audit, summary and settlement reports are available.

For healthcare uses, eligibility verification, co-pay amounts and self pay receivables can be combined.

BENEFIT VERIFICATION/MEDICAL ELIGIBILITY

The MedCom Transaction Portal enables the provider's office to access Benefit Verification and Eligibility information via a swipe card or a data entry procedure. Almost instantly the portal produces a complete display verifying coverage and providing all pertinent patient information such as co-pay, deductible and PCP. The MedCom Transaction Portal has access to over 300 payers and plans. The Payer list is increasing every day and the web portal is updated when the updates become available. Payers List

SIMPLIFIED PAYMENT PROCESSING

Credit & Debit

Credit and Debit Card processing is available for major cards, VISA, MasterCard, AMEX, Discover All rates are comparable to standard fees. Debit cards are processed as credit cards.

PATIENT EASY PAY® is a unique feature for Healthcare on the MedCom System. With Patient Easy Pay® providers can capture a signature on file at the time of service and them automatically bill the patient upon receipt of the EOB. In addition, if the self-pay responsibility is for large sums, Easy Pay® provides a mechanism for recurring payments through the credit or debit card without any additional billing requirements. This feature operates with VISA, Mastercard and AMEX.

Check Services

The MedCom System offers healthcare providers the ability to accept checks that will be guaranteed for payment. Our check conversion/guarantee service allows the healthcare provider to accept checks through a check reader connected to the MedCom portal. The patients' information is scanned, the check is returned to the patient, and the money is deposited directly into the provider's account within 48 hours. No bad debt, no batching or recording of checks for the bank.

REPORTS

The MedCom System provides a full range of daily and monthly reports to the user.

These reports include the following:

Credit Card Audit (Detailed Audit Report)

There is a range of information about each credit card transaction completed that day. This information includes;

Provides the following information for the day's transactions.

• Invoice Number
• Type of Transaction (Payment, Refund, Void)
• Authorization Number
• Card Number
• Date
• Merchant Number
• Batch Number
• Terminal Number
• Terminal ID Number
• Card Name
• Amount of Transaction

Note the end of the report contains a count of all transactions and a total amount of those transactions.

Credit Card Summary (Summary Report)

This is a report that provides transaction total by issuer (each doctor's total)

• Type of Card
• Number of Sales
• Number of Refunds
• Total number of Sales by Dollar Amount.
• Total amount of all transactions

Easy Pay Follow-up

This is a report that shows all Easy Pay transactions that reside in the portal including:

• One Time Visit Signature on File Payments
• Annual Signature on File
• Recurring Payments