Revenue Cycle Management
Hospital CFOs and Physician Practice Managers face two critical challenges: reducing the days between patient care and receivables; and recovering receivables denied by primary insurers. Our document capture solutions for Providers and Hospitals can help you save time and get paid faster by accurately converting your paper-based records and receivables into digital form for your revenue cycle management workflow.
Our document capture solutions help shorten the revenue cycle:
Revenue Cycle Benefits:
The push towards the electronic medical records (EMR) grows stronger with each passing year. Until the system is inherently digital, document imaging will be essential to creating an EMR. The difficulty with document imaging is that most EMR systems are post-discharge based. This means clinicians are not using the electronic version of the chart to improve patient care. Until now, burdens created by document prep, as well as scan and index of the patient chart forced most systems into a post-discharge approach.
Through the use of the ImageTrac® Scanning Platform and DocNetics®, ibml is the first technology vendor able to compress all aspects of the paper chart conversion. We can eliminate as much as 65% of the labor involved in the conversion process.
Wyoming Medical Center says the facility's new ImageTrac solution is allowing employees to image patient records nearly five times faster than before.
Read more about their installation.