### EOB conversion + payer lockbox

# Simpler EOB processing + a safer medical lockbox

In EOB processing, automation is paramount. With the right 835-remittance solution, you can eliminate manual, error-prone EOB processing — for good.

[Speak with an expert](/content/our-platform/payment-management/eob-conversion-payer-lockbox/#demo/index.html)

## EOB Conversion + Payer Lockbox

Processing paper checks from payers creates an unnecessary time burden for providers

When your staff uses Waystar's EOB conversion to reconcile payments and our medical lockbox to post them, you'll start saving money and time. What’s more, your staff will have more time to focus on higher value tasks, like ensuring your patients are getting the best experience possible.

### Automate payments, eliminate hassle

###### Digitize deposits

- Route mail from payers to a dedicated, digital HIPAA-compliant lockbox
- Image and index all correspondence, checks, statement stubs, and electronic remittance advice (ERAs)
- Transform checks into ACH transactions and deposit into bank accounts

###### Convert + map

- Convert paper remittance advice into electronic transactions (835 remittances)
- Match newly digital ERAs and payments to deposits and claims for payer payments

###### Automate workflows

- Obtain posted files for payer payments to import into HIS or PM
- Automatically reconcile and post payments
- Facilitate quick searches for individual ERA, deposit, and date

## Automate EOB processing + medical lockbox

### EOB CONVERSION + LOCKBOX KEY FEATURES

##### Takes digital images and indexes all checks and documents

##### Electronically deposits payments into accounts in two business days or less

##### Auto-reconciles claims, deposits + ERA for payer payments

##### Converts paper remittance advice into electronic remittance advice

## Why Waystar?

With Waystar’s 835 remittance, paper is the past

Our paperless EOB processing not only eliminates data-entry errors that create unnecessary work, but it also increases transparency by indexing paper EOBs so you can easily access historical data electronically.

With conversion capabilities and searchable data all in one platform, your organization has a single source of truth to work from. Use it to:

##### Increase efficiency by removing the manual EOB processing

##### Streamline workflows by accessing all ERAs in one place

##### Create stability by reallocating resources for more valuable work

## Discover the way forward