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Intelligent Software That Helps Physicians Accurately Capture Diagnoses and Charges Can Increase Revenue and Profitability for Medical Facilities, According to a New White Paper From Fluent Medical(January 24, 2012)
NEW YORK, NY -- (Marketwire) -- 01/24/12 -- Executives at large U.S. medical facilities and physicians are caught between two powerful and often conflicting forces: the pressure on physicians to maximize productivity and the need for practices to submit accurate and timely claims for reimbursement. With so many changes occurring in health care, executives are forced to tackle these challenges head-on or risk leaving substantial profit on the table.
Although facility executives and physicians work diligently to capture claims revenue, handwriting issues and incomplete forms frequently result in inaccurate billing. This often means rejected claims and unnecessary regulatory scrutiny. Worse yet, late billing often means not being reimbursed at all.
Many software packages promise the world, but can be difficult to install and manage -- rendering them useless for all but the most technically proficient organizations. Add to this the looming transition from ICD-9 to ICD-10 and the challenges for unprepared practices will only get worse.
How can executives increase the revenue and profitability from their existing business? Is there a cost-effective way to increase physician productivity without hurting morale?
To address these challenges, many facility executives and physicians are turning to intelligent charge capture and sign-out solutions. These solutions help executives and physicians eliminate billing errors and delays through purpose-built software designed around existing practice workflow. Now executives and physicians can get back to the business of patient care. This white paper will explore the challenges facility executives and physicians face maximizing revenue and profitability and explore the many benefits of intelligent charge capture solutions.
You can download the white paper here: www.fluentmedical.com
Fluent Medical is an innovator in healthcare and revenue cycle management software. The company's iPatient products, including a point of care charge capture service and a medical sign out tool, have been adopted in several major healthcare facilities in the US and Canada. Fluent Medical's suite of applications was designed by physicians and billing professionals with an emphasis on ease of use, efficiency, and security.
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