As a hospital administrator, you understand how the growing complexity of HIPAA compliance standards and electronic remittance advice files can directly impact operational costs associated with staffing, continuous education, processing errors, and lost revenue opportunities. First Tennessee can help you address these important business issues in four ways:
You want timely deposits, a consistent view of all insurance claims paid regardless of payment method or channel, claim reconciliation, automated posting, and a reporting database for monitoring payer performance and coding errors.
Enhancing profitability means collecting, processing, and depositing paper checks from patient pays more accurately and efficiently.
Improve efficiency by depositing check, cash or card co-pays right from your office. We also make it quick and easy to transmit cash deposits to us for same day credit.
To keep your bottom line healthy, you need to maintain cash flow efficiencies, optimize patient care, and eliminate the risk of equipment obsolescence.
First Tennessee Treasury Management Services received top grades for ease of use and functionality in the Phoenix-Hecht Treasury Management Quality Index Survey.
Certain services may be offered in conjunction with other third party service providers not affiliated with First Tennessee Bank or its affiliates. Banking products and services provided by First Tennessee Bank National Association.
© 2014 First Tennessee Bank National Association. Member FDIC.