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IQExtract

Product Offerings
Product Offerings
IQExtract

Better Bill Data Means Better Bill Review Results

Paper, Electronic, or eBill processing, whatever workflow you need a solution for, CompIQ’s IQExtract has you covered. Bill intake and data processing can be a painful and cumbersome process. Tap into IQExtract’s solution to help streamline your document and data processing needs.

IQExtract is a backend tool that uses advanced technologies to assist in filling out the necessary information to process a bill. By leveraging these technologies, bills are able to enter the system with information preemptively populated by reading directly off a bill image.

Benefits of Document Management

01

Time Saving

With the ability to fill in information from bills as they arrive and deliver that information straight to the system, man hours are saved that previously would have been used to enter the information.

02

Automatic Decision Making

Having information available as soon as the bill arrives to the system allows for smart controls such as queues and claim matching to sort bills into areas of prioritization and expertise.

03

Sanity Checking and Quick Validation

Systems that determine the plausibility of generated information, allowing pends or rejections of information that is invalid before it even reaches bill review.

Key Features
  1. Automated Data Capture
  2. Controlled Queues of Bills
  3. Claim Matching
  4. Machine Learning Improvements

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Our Product Offerings

At CompIQ, maximizing our customers’ medical savings isn’t just a goal–its our unwavering commitment. Whether you’re leveraging our cutting-edge medical bill review platform or relying on our team of seasoned experts to manage it for you, we’re dedicated to delivering results. Together, we’re transforming the medical billing landscape for the better.

IQExtract

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The first step in the Medical Bill Review process is ensuring high-quality bill data is extracted. We can help with sorting, scanning, and/or data capture services for both physical and digital receipts—including various flexible integrations.

Bill Review Services

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Whether you need to augment or fully outsource your bill review services, CompIQ’s team of highly tenured medical bill review specialists can help. We can guarantee bill processing stability and dependability so that you can focus on the things that matter most.

Bill Review Software Lease

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CompIQ’s Bill Review Software Lease provides flexible, scalable solutions to enhance your bill review process. Our software ensures reliable, efficient processing, allowing you to focus on your core operations.

AuditIQ

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AuditIQ combines an exceptional team of expert auditors and seasoned negotiators to achieve the highest level of defensible savings for our clients. The AuditIQ team works closely with clients and providers with a focus on payment integrity and recommending the correct payment, on time, the first time. This program has a 97% provider acceptance rate on audits and a vast network for successful negotiations.

Network Solutions

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We’re proud to have access to national, regional, and specialty PPO networks. Our clients can choose to leverage our networks, manage their PPO contracts directly, or design a hybrid approach and get access to the best of both worlds.

IQPay

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Reduce costs by making payments to providers and vendors directly from the CompIQ integrated platform. Seamless integration gives you the ability to reduce the amount of time it takes to get payments adjudicated while providing improved tracking and audit capabilities and reducing overall costs.