How AI Can Improve A Health Systems Charge Capture Process

78 percent of healthcare executives characterize charge captures as “essential” to their organization’s success, yet 40% discuss it once a month or less. With providers bearing much of the coding responsibility, automated processes are essential to ensure your claims are filed accurately. The more accurate or “clean” claims you submit, the higher return you will see as fewer claims end up denied. A perfected, AI-powered solution can not only enable more clean claims but also lessens missing charges and improves efficiency across all billing outlets. Integrated with your practice Electronic Health Record, AI can improve your charge capture process.

Improve Workflow and Revenue with AI-Powered Charge Capture:

Documentation

An automated charge capture solution partners with your Electronic Health Record to simplify and streamline the documentation process. While providers are completing their required documentation, they can now complete charges from the same place. With everything in one spot, providers reach peak efficiency in their daily workflow while coding more accurately than ever before. This kind of automation and integration enable providers more room for specificity when detailing the descriptions required for their coding processes.

Mobile-Platform

A quality charge capture solution enables providers to work on the go. For providers who are meeting with and treating patients outside of the office, a mobile solution ensures a sound and accurate billing process. In the past, providers would have to wait until they returned to the office to document and submit claims. Mobile technology helps providers to securely communicate protected information at the time of service. Automated and AI-powered technology prompt provider with the most appropriate medical billing codes for that visit to ensure more clean claims. A quality vendor should work with facilities to put their patient list in an easy-to-use mobile platform and integrate with hospitals to receive patient data, passing the pro-fee bills back to the practice.

Fast Turnaround

Providers who utilize an automated charge capture process will see a fast turnaround on payer reimbursements compared to paper processes. AI-powered technology takes charges and sends them to billers right at the end of a visit. These claims are coded accurately the first time and help your practice avoid time-consuming and costly denials. This tool can help decrease the about of time your accounts spend in AR, help your provider accomplish more in their day, and lead to more on-time and in-full payments.

Failing to capture a charge and forward it to billers leads to large financial loss. In a time where accurate coding falls primarily on the provider rather than their billing team, a charge capture solution is necessary to see financial growth and an overall increase in efficiency. With the right solution, your providers can complete their documenting and charge capture processes in one, your team can accurately capture charges on the go, and your practice can see an improvement in its bottom line. To learn more about a quality charge capture solution that can help your organization grow,

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