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Almost 90% of payments are deposited by the payers directly in the provider’s account using EFT (Electronic Fund Transfer). EFT ensures fast and accurate transfer of funds and error-free reconciliation with submitted claims in the Vericle® system. Automated reconciliation enables the doctor to verify the arrival of funds
24 x 7.

To process the remaining paper-based payments, Billing Precision has partnered with UBS. Using its lockbox service, the payers and patients mail their payments directly to UBS for same day deposit in the bank. The lockbox offers five major benefits
1. Accountability and reliability
Bi-directional verification of check deposit between the bank and Billing Precision. No lost checks.
2. Processing speed and added interest revenue
Check deposit upon arrival. Automated investment of deposit in a Money Market account earning interest (Automatic Sweep). The doctor's money is never idle.
3. Billing Transparency
Doctor can personally verify deposit 24 x7 via secure Internet connection.
4. Accuracy and dependability
Check processing by team and technology facilitated with global financial firm.
5. Personal attention by professional bankers
State-of-the-art wealth management services at UBS.
“Billing Precision gets chiropractors paid. It uniquely embraces the vision and system required for successful high volume practices.”
-Drs. Ben Lerner and Greg Loman, Founders
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