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Robotic Automation Streamlines Claim Status and Denial Management

Microbots support healthcare facilities by applying automation to many labor-intensive, costly and error-prone activities within Revenue Cycle Management

What are manual processes costing you?

14-30
minutes

on average per manual claimstatus check 1

10-24
minutes

on average per manual eligibility check 3

$7.12

average cost to providers for each claim checked 2

$3.60

average cost to providers for each eligibility check

Top Benefits
of Microbots within RCM

1 Maximizing revenue
2 Reducing costs and increasing productivity
3 Improving data quality and processing speed

ROI A Meridian revenue cycle management facility has shown significant cost and time reductions since implementing Microbots4

33%

reduction in costs or claims follow-up

33%

reduction in aged accounts receivable from inventory

50%

reduction in time to follow-up

10.5
seconds

average Microbot processing per claim status and eligibility check
Meridian Microbots logo

1, 2, 3 2018 CAQH Index
4 Results from 2018