Seamless check processing for quick results

Our medical lockbox reduces delays and operational costs using automation.

  • Continue to work with existing bank partners
  • Expand reach through nine national remittance locations
  • 30+ standard healthcare correspondence documents automatically queued
  • Securely process correspondence through dedicated portal

30%

Faster Deposits

99.9%

Accuracy Rate

100+

Trusted by 100+ Healthcare Providers

Comprehensive Healthcare Lockbox Solutions - How It Works

Our end-to-end automated healthcare lockbox eliminates errors, reduces administrative burdens, and ensures compliance at every step, helping healthcare providers, insurance companies, and billing departments.

1
Mail Pickup & Transport

Mail is collected from USPS or corporate offices and delivered securely; over nine dedicated remittance regions/locations offered

2
Mail Opening & Scanning

All documents and checks are scanned; checks are converted into banking-standard Image Cash Letter (ICL) files, while documents are sent for document classification

3
ICL File Transmission

Securely transmitted to 50+ banks for faster deposits.

4
Payment Stub Data Transmission

Patient payment details are digitized for seamless cash application.

5
EOB Document Imaging

Explanation of Benefits (EOBs) are imaged and stored securely.

6
Healthcare Correspondence Management

All related documents are classified into standard healthcare document types and made accessible through our portal.

Challenges healthcare providers and MSO/DSOs Face in Check Processing

  • Bank Compatibility & Integration – Ensuring seamless integration with multiple banks and EHR platforms can be complex.
  • Security & Compliance Risk - Meeting HIPAA, SOC 2, and PCI-DSS standards is critical to avoid breaches and penalties.
  • Handling High-Volume Transactions – Processing large check volumes efficiently without delays or errors is a challenge
  • Automating Correspondence & EOBs – Accurate classification of 30+ document types is essential for revenue cycle efficiency.
EOB Conversion

Faster, Smarter Check Processing for Healthcare

Our check processing solution reduces the time to collect and process checks reducing the time and efforts of FTEs.

Here’s how our solution benefits you

For Healthcare Providers

  • Faster claim settlements and improved cash flow
  • Reduced administrative burden on billing staff
  • Increased accuracy in revenue recognition
  • Automated data validation for greater accuracy
  • Minimized manual effort with automated reconciliation
  • Faster claim and payment processing
  • Lower operational costs and overhead

Key Features of Our Check Processing Solution

Enhance your healthcare check processing speed and efficiency with Exela Medical Lockbox

Secure & Compliant Check Processing Companies

We follow the highest security and compliance standards:

About Us

SOC 2 & PCI-DSS Certified

Ensuring secure transaction processing

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HIPAA-Compliant Data Handling

Protecting sensitive healthcare financial information

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End-to-End Encryption

Secure transmission of payment data

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Detailed Audit Trails

Full transparency in every transaction

Optimize Your Check
Processing Services

Today

Let us help you streamline operations and improve financial efficiency.

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