OCR-Based EOB (Explanation of Benefits) Digitization Tools

OCR-Based EOB (Explanation of Benefits) Digitization Tools The Explanation of Benefits (EOB) is a critical yet often misunderstood document in healthcare billing. Patients receive it, providers reference it, and payers rely on it to justify payments. But EOBs typically arrive in paper form or unstructured PDFs—making data extraction for billing, auditing, or appeals time-consuming and error-prone. This is where Optical Character Recognition (OCR) tools come in—digitizing EOBs and transforming them into structured, searchable data. 📌 Table of Contents Why EOB Digitization Is So Difficult Benefits of Using OCR for EOBs Key Features of Modern OCR Tools Leading OCR Vendors in Healthcare Best Practices for Integration Why EOB Digitization Is So Difficult Unlike claims or remittance data, EOBs vary widely in format—some are payer-specific PDFs, others are scanned documents. Challenges include: ❌ Inconsistent terminology across insurers ❌ Varying ta...