eReceivables was created in 1998 by a group of healthcare and insurance experts to apply technology to the process of resolving disputed healthcare claims. They had recognized that while the claims’ billing process was standardized, the payment process was not, and in particular the process for handling disputed claims was definitely not standardized.
The process of appealing healthcare claims is unique as it involves specific adjudication processes that do not exist in other insurance fields. The continual focus of eReceivables has been the automation of the adjudication process so that it would: 1) be more direct and timely; and 2) result in greater collections. The result of our work is a unique software technology platform covered by three patents. It was and continues to be a significant point of differentiation for eReceivables’ clients in recovering disputed healthcare claims.
Over the past two decades the company has grown both organically and through strategic acquisition. In 2007 eReceivables acquired Medical Billing Resources located in Bloomfield, New Jersey. This brought into eReceivables’ solutions a provider billing company with over 25 years of experience billing hospitals, physician groups, and EMS. Since that acquisition, we have accumulated experience billing durable medical equipment companies and laboratories. eReceivables has positioned itself as one of the most unique and creative technology-based total medical billing and accounts receivable management firms in the market.
And now, in 2022 eReceivables is offering eRecoveries giving our clients the opportunity to lease our automated software technology platform to integrate into their RCM process as they deem most appropriate.
eReceivables has positioned itself as one of the most unique and creative technology-based total medical billing and accounts receivable management firms in the market.