Charge capture software can speed up reimbursement and eliminate lost charges

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News Archive > 2004 > Aug > 18
Physicians can reduce lost charges, denied claims, and time-to-billing rates by using automated charge capture mechanism at the point of care.
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August 18, 2004 (Press Release) -- NEW YORK, NY - August 17, 2004 - One of the most common causes for inaccurate or lost billing is that physicians find it difficult to record all patient encounters at the end of the day, especially when they visit hospitals or other clinics. It may seem simple that physicians bill for each of the services they provide. Yet practices lose thousands of $$ yearly as a result of missed charges without realizing it. According to an estimate, physicians forget to record up to 20% of patient encounters, meaning they don't get paid for them. Physicians can reduce lost charges, denied claims, and time-to-billing rates by using automated charge capture mechanism at the point of care.



The billing cycle can be managed smoothly with OmniMD charge capture software, which allows charge capture and creation of electronic Superbills right at the point of care. Using a Pocket PC, physicians can record charges on the fly, create electronic Superbills and then export the data directly into their practice's billing software. Physicians will also be able to send electronic Superbills directly to their billing service provider, instead of sending paper-based Superbill. This ensures greater accuracy, avoidance of missed charges and quicker initiation of the billing process.

OmniMD Charge Capture Features:



At the Point-of-Care

With OmniMD Charge Capture you have the ability to create super bills right from where you are through your Tablet PC, Pocket PC or Desktop PC.



Charge Capturing Simplified

Commonly used CPT and ICD codes of each specialty are inbuilt into the system with easy retrieval facility. The super bill templates are also customized as per specialty.



Lower Charge Denials

While documenting the charge the software checks the eligibility of the CPT and ICD codes to ensure that wrong charges are not sent to the insurance company. The system comes with an E&M wizard for capturing accurate level of coding.



Improved Cash Flow

Many medical clinics suffer from large time-to-bill periods due to a need for billing re-entry, coordination etc. The system minimizes duplicated data entry and allows for a seamless integration with your practice management system.



Seamless Integration

The charge capture system is integrated with the appointment scheduler and most leading practice management systems. The super bills can be created for scheduled appointments and patients that are met.



About OmniMD

OmniMD is a developer of HIPAA compliant Pocket PC and Internet-based enterprise clinical solutions, designed to fully automate the work-flow of contemporary healthcare organizations. The company is a division of Integrated Systems Management, Inc. (ISM), a leader in Internet consulting and e-business development since 1989. We have successfully positioned ourselves as a significant force in the health information technology field, rapidly securing a base of clients that has continued to grow exponentially since the division's formation half a decade ago.


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For more information:

For additional information, please visit http://www.omnimd.com.
Contact Person: Amit Singh
Email: pr@omnimd.com
Phone: 914.332.5590
Fax: 914.332.5766

Publisher: Amit Singh




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