• -
  • 17 September, 2024

KeyBank Invests In AI-Based Zentist Software For Dental Support Organizations

With this partnership, KeyBank will introduce Zentist’s Remit AI software to its network of DSOs, the companies said in a Wednesday (Sept. 11) press release.

“KeyBank’s commitment to delivering comprehensive financial solutions to DSOs is part of a broader healthcare strategy that involves helping clients with the whole spectrum of payments capabilities and with industry-specific financial solutions,” Jon Briggs, head of KeyBank Commercial Payments and Innovation, said in the release.

Remit AI streamlines dental insurance claims processing, according to the release. The software features automated explanation of benefits (EOB) and electronic remittance advice (ERA) delivery, automated remittance to bank data matching, and intelligent task distribution across organizational structure.

The software’s Cavi AR module streamlines claims status and follow-up workflow, andcategorizes and ranks open claims based on accounts receivable (AR) days, expected/submitted amount and last updated date, per the release.

“KeyBank is one of the most innovative banks in the country, and we’re thrilled to have them as both an investor and a new FinTech bank relationship,” Ato Kasymov, CEO of Zentist, said in the release. “This relationship will allow us to reach a wider audience and help dental groups to optimize their revenue cycles, ultimately leading to better financial health and patient care.”

In another recent product introduction, KeyBank launched a virtual account management solution for treasury management clients in May. The bank said the Key Virtual Account Management (KeyVAM) solution is designed for clients who have complex demand deposit account (DDA) structures and provides them with instant access to KeyBank commercial cash management bank accounts.

In August 2023, KeyBank added three new offerings — the Relationship program, Key Select Checking and Immediate Funds — that allow customers to earn better rates, get cash back and access deposits more quickly.

KeyBank also adopted solutions from Qolo in April 2023 to offers its business clients embedded banking solutions. With these solutions, KeyBank customers can instantly create virtual accounts and connect to underlying payment modalities.

Source:https://www.pymnts.com/partnerships/2024/keybank-to-deliver-zentist-software-to-dental-support-organizations/

Categories:
Dental News
Tags :
Financial technology in dentistry Dental industry investment Dental Support Organizations AI in dental care Zentist KeyBank Dental Innovation
Comments :
There are no comments yet.
Authentication required

You must log in to post a comment.

Log in

Upcoming webinars:

  • 22 February,2025
Diagnostic Vista of Oral Cancer: The Clinical Perspectives

Explore conventional and advanced diagnostic modalities for oral cancer with practical clinical guidelines for early detection.

  • 23 February,2025
Doctors Guide to Social Media Success

Learn the Exact Strategies to leverage Social Media for your Dental Practice

  • 23 February,2025
Cleft Lip and Palate - An Overview

A comprehensive overview of cleft lip and palate, including treatment options, diagnosis, and surgical interventions.

  • 23 February,2025
Periodontics in Practice: 10 Key Insights

The topic focuses on the pivotal role of understanding periodontology in enhancing treatment outcomes in your daily practice

  • 1 March,2025
Beyond the Gums: The Essential Role of Periodontists Today

Uncover the critical role of periodontists in advancing oral and systemic health in modern dental practice.

  • 2 March,2025
Mastering Periodontitis: Effective Diagnosis and Treatment Strategies

Learn the latest EFP guidelines, diagnostic classifications, and therapy steps for confident periodontitis management.

  • 9 March,2025
All On X Restorative Procedures: Advanced Training And Best Practices

This lecture provides advanced training and best practices for All-on-X restorative procedures, a revolutionary approach to full-arch rehabilitation.

  • 9 March,2025
Know Where to STOP’ – Tactics to Prevent Complication in Oral Surgery

Learn key tactics to prevent complications in oral surgery and enhance surgical outcomes.

  • 16 March,2025
Nonsurgical Management Of Large Cyst Like Periapical Lesions

Learn effective non-surgical techniques for managing large cyst-like periapical lesions in this expert-led session.