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INTRODUCTION
FreeClaims is a web-based medical claims clearinghouse. FreeClaims receives HCFA-1500 claims electronically from anyone who bills via HCFA-1500 forms. FreeClaims accepts several different file formats from any type of billing systems. Among them is the print image format, National Standard Format, WebMD Envoy/NEIC MCDS format, ANSI X12 format or any other format that may need a custom translation.

THE PROBLEM
Just imagine, at 22 working days a month and 20 patient visits per day, a single healthcare provider could generate 440 HCFA-1500 claims a month. But they're not just HCFA claim forms, you must think of them as invoices. Invoices sent from you to the Payor are not paid for a number different reasons: (i) missing data elements, (ii) incorrect format, or the most frustrating one of all, (iii) "we never received your claims." If you are currently doing paper claims, you know the routine of printing, busting, folding, stuffing, stamping and mailing. It's a paper work nightmare.

THE ELECTRONIC PROCESS
If the Payor accepts claims electronically and if your billing software is capable, you would send these claims to your software vendor for a certain fees. You could alternatively send the claims to an outside clearinghouse through a private dial up bulletin board. Whether you use an outside clearinghouse or your billing software vendor, chances are you'll upload the file and retrieve reports the next day. Any errors found would need to be corrected from your billing system and would have to be resubmitted. While this is an acceptable means to correct error claims, we think there are better ways.

FREEDOM OF CHOICE
FreeClaims can accept claims from virtually any billing software. Your end of day billing task is now reduced from 30-60 minutes to about 10 minutes. All you'll need to do is produce the claim file from your billing software, login to FreeClaims and upload your claim file. In less than a minute, you can view the confirmation report. If there are any errors, you can correct the claims immediately, on-line, quickly and painlessly. FreeClaims is truly "The Cure for the Common Form".

NO COST CLAIMS PROCESSING
Did we mention that all of this service is free? Yes, free. How could this be? To understand the "free" part, you must understand how clearinghouses get its revenues. With the exception of a few, all clearinghouse make money by selling a service. The service is the delivery of data from point A to point B. Point A being the submitter or healthcare provider; point B being the receiver or Payor. The data, obviously, are the claims, with as many as 5 billion claims a year flowing from point A to B. Clearinghouses receive per transaction revenues from both Point A (Provider) and Point B (Payor).

FreeClaims clearinghouse does exactly the same thing with one exception. We only charge the parties whom we sends claims to. This means the submitter gets the service for free. It's that simple. But why? Why free? Without getting into the details, we can say that FreeClaims was able to do it because FreeClaims is a more efficient clearinghouse that does things right the first time.

There are Payors who do not pay to receive electronics claims, such as Medicare, Medicaid, Blue Cross Blue Shield. For those Payors, we will charge $0.15 per claim.

IT'S YOUR TURN
Having read all of this, did you know that you could have FreeClaims process your claims for free today? That's right. We could process your claims for free in production today! If your test data file meet our standards, we could map the file and put you in production the same day. FreeClaims is so easy to use, we can train you in ten minutes on the phone. But don't take our words for it. Contact us and see for yourself.

FreeClaims, it's truly "The Cure for the Common Form."

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