Is there a financial limit to the amount of claims that can be processed?
No. All claims submitted will be monetized accordingly per the statutory allowable amounts provided by the state.
In what states is Worx available?
Worx is currently available in Louisiana.
How long is the contract for Worx?
A provider may request to withdraw from a contract at any time.
What is the typical time to monetize claims?
A claim will be monetized in 3 days.
Can my practice keep it's billing company or in-house billing?
Yes.
Finalytics will work with your billing company to implement Worx and Flex and beginning streamlining your insurance revenue cycle and monetizing your claims.
Does my practice require a lockbox?
Yes. Your practice will require a lockbox in implement Worx and Flex.
What if Flex does not receive payment from insurance company after monetizing?
Since we monetize continuous stream of claims over time, insurance underpayments or no-payments are adjusted against future claims to be monetized.