Data Network Provides Secure Window Into Banking Transactions For Improved Collections Insights And Efficiency
SAN FRANCISCO, DECEMBER 12, 2022 – Zentist announced today that Plaid integration with its Remit AI software will expedite dental insurance claims payments and provide multi-office practices with improved collections insights.
Zentist offers cloud-based software for dental support organizations (DSOs) and dental practices that delivers standardized insurance payment data and intelligence, notably through its Remit AI platform.
Plaid is a data network that enables connectivity between applications built on its platform with more than 12,000 financial institutions.
Bank connectivity via Plaid enables Remit AI to match bank deposits with the explanations of benefits (EOBs) and electronic remittance advice (ERAs) it pulls from payer portals. Practices using Remit AI are able to quickly confirm and validate payments for services performed as well as receive a timely picture of collections activity.
“Remit AI’s integration with Plaid brings an added level of speed, accuracy and transparency to the insurance claims process. Practices are now provided daily reporting on cleared payments without having to log in to individual accounts and manually match transactions,“ said Ato Kasymov, Zentist’s Co-Founder and CEO. “Gains in efficiency and a reduction of administrative burdens are wins for practices, their staff and, ultimately, patients, too.”
At a time when dental businesses lose an estimated $2.1 billion due to legacy billing systems, Zentist leverages robotic process automation (RPA) and machine learning to place tedious dental insurance billing tasks on autopilot – notably through its Remit AI software. Remit AI decreases insurance claim denials and gets practices paid faster. Fully scalable to meet the more complex billing needs of the modern dental industry, Zentist’s software minimizes human error, maximizes insurance payout, provides advanced analytics on revenue, and improves the patient-provider relationship. To learn more, visit zentist.io.