OR Billing Verification
Transforming the “Bill-Only” process to catch hidden errors, reduce costs, and keep vendors accountable
Save money
by automatically detecting billing errors, process POs faster, and improve record management
Billing discrepancies identified in…
35% of trauma cases
Last minute nature of trauma cases increases opportunity for billing discrepancies.
13% of Orthopedic surgeries
Missing EHR documentation and quantity discrepancies are the leading causes of mismatches.
5% of spine cases
High-cost spine cases have meaningful financial impact.
By catching these discrepancies early,
hospitals have streamlined processes and meaningfully impacted cost and revenue
Automate and improve your surgery to PO process
Bill-Only and Bill-Replace invoices don’t follow standard procurement guidelines, leaving costly mistakes hidden in plain sight. Traditional systems—designed for hospital-owned supplies—can’t fully address these complexities. Torq’s unique position with high vendor adoption and integrations with all major EHRs, has enabled us to drive active vendor engagement, helping you avoid costly mistakes and keep your finances on track.
In-app Vendor Estimations
Require vendors to submit cost estimates right in the Torq app in advance of a complex procedure to allow you to estimate procedure profitability
5-Way Match
Torq's 5-Way Match automatically identifies discrepancies that even the most meticulous human review might miss. We ensure that the EHR, Vendor sticker sheet, PO, invoice, and contract all align - ensuring accuracy in finances and accuracy in the EHR to ensure patient safety and traceability
Off-Contract Item Prevention
Vendors may sometimes include items not contracted or not approved for use. Torq drives compliance in 2 ways:
The hospital can require vendors to confirm items being brought into the OR prior to surgery to alert off-contract items that require review before incision
Post-surgery, Torq compares the 5-Way Match to identify if any off-contract items were used that were not pre-approved, allowing hospitals to quickly identify and correct vendor behavior
Auto-Generated Purchase Orders (POs)
Effortlessly generate purchase orders within your existing revenue system, eliminating tedious data entry and streamlining approvals.
Vendor Reports
While an occasional error may be expected, recurring issues signal a pattern that needs intervention. Torq generates detailed reports to flag and address erroneous billing patterns before they become costly.