Flex is the first platform to bring the retail reimbursement environment to healthcare revenue cycle. Our solution monetizes commercial and workers’ compensation insurance claims in three days while streamlining revenue cycle workflows, and returning business intelligence to improve your revenue cycle health.
We understand the challenges you face with untimely insurance payments and days insurance outstanding (DIO).
Flex immediately monetizes your insurance claims and gets you paid in 3 days after claim submission, significantly reducing your DIO, and streamlining your insurance revenue cycle.
Flex automation gives claim-payment data and business intelligence to manage and track all stages of your insurance revenue cycle and customizable dashboard, yielding visibility and easy in-depth analysis of your business.Request a Demo
We know how important getting paid is. Once your claim is submitted, Flex electronically pays your claims in 3 days.
See your payment cash flows at any time. Our business intelligence makes it easy to track claim payment status, while analytics reveals payer trends.
Automate your insurance workflows and connect your claim-payment data for clear line of sight into your revenue cycle and business performance.
We streamline the process as much as possible for you. In just a few easy steps you are up and running — and electronic payments are available to you shortly after — no need to wait. Get started today and get your claims monetized and organized.Learn More
Upload claims and our partner RMS receives and forwards your claims to Flex, which determines allowable claim values.
Flex monetizes your claims and correspondingly ACH’s payments with accompanying postable 835’s to you in 3 days.
Via your RMS remittance account, Flex receives and balances claim-payment transactions, then determines remaining claim balances.
Flex ACH’s remaining claim balances and final postable 835’s to finalize post-adjudicated patient balances.
Please note: A Flex account requires activation of an RMS account.
Some helpful questions that are commonly asked. For more information, please visit our Help Center.Visit Help Center
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.