Banks

Medical lockboxes are one-stop shops that allow payments to be managed, both collections and deposits. This allows an organization to meet deadlines, streamline the payment and reconciliation process, and improve organizational efficiencies.

Smart Data Solutions partners directly with banks so that your organization sees payment reconciliation sooner and more consistently. This can lead to benefits such as better RCM, superior revenue forecasting, and overall better organizational planning.

Similar to banks, security is a top priority for Smart Data Solutions. We are both HITRUST and SOC 2 certified and conduct ongoing audits and risk assessments to ensure the highest possible level of security. We also have an entire security team dedicated to ensuring all sensitive information is protected.

In addition to this, all facilities must adhere to key agreements including BAA, HIPAA requirements, NDA & Privacy Agreements. SDS requires security cameras at entrances, exits, and unique employee keycode access to each building.

Smart Data Solutions can help to streamline the revenue cycle of businesses through the use of automated technology. We are able to convert all check or deposit-associated documentation to EDI. While banks handle the actual processing of check transactions, we can handle all other correspondence.  

SDS has unique data capture technology to pull pertinent information off documents using our four OCR engines with Deep Learning and statistical models. We are able to convert any paper documents into structured and standardized EDI, such as paper EOPs to 835s.