Integrated with RMS, Flex is an end-to-end platform monetizing up to 100% of your allowable claim value in 3 days via ACH payment and postable 835.
Flex significantly reduces days insurance outstanding by 80%+ and correspondingly improves your balance sheet and cash flow.
Flex automation distills your insurance workflows and connects your financial claim-payment data for clear line of sight into your insurance revenue cycle and business performance.
Please note: A Flex account requires activation of an RMS account.
Monetize 80%-100% of your commercial and worker’s compensation claims in three days for faster payments, decreased insurance A/R, and reduced insurance workflows.
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WADIO is calculated using the claim values or payer payment times on a weighted basis of each claim payment period in an insurance receivable portfolio.
Why it’s important?
WADIO provides a more accurate depiction of payer reimbursement timelines, taking into consideration the cash value of each claim.
Read our published article about the importance of WADIO here.