3 Ways A Charge Capture Solution Improves Your Health System

Essential to a health system, successful billing processes ensure your practice can continue caring for patients. Riddled with time-consuming and resource-intensive financial requirements, medical billing can quickly become all-consuming for any provider. A quality charge capture solution can make the difference in your practice’s ability to streamline billing processes and review clinical documentation while also increasing productivity and cashflow. With a quality solution implemented at your practice, your team can focus less attention onbilling specifications, and more on patient interactions.

What is Charge Capture?

Charge capture is an integral part of the revenue cycle process that involves the “capturing” of information detailed in a medical billing claim. A charge capture solution is used to help simplify and streamline claims processing so that providers can see a quick turnaround on a payment that accurately reflects the services they provided to the patient.

Features of a Quality Charge Capture Solution:

1) Simplify Provider Workflow

A fully automated charge capture solution makes it possible for your team to quit spending a large portion of their time on documentation and return that time back to the patient. Workflow efficiency features of an automated charge capture solution enable your team to quickly navigate and complete different billing processes. Utilizing a digital solution eliminates traditional paper processes that slow your organization down and further delay payment.

By giving your team the ability to quickly complete charge capture, they can focus more on the patient care that drives their medical careers.

2) Automatically Review

In order to avoid many of the common mistakes that make us human, an automated charge capture solution gives providers a second set of eyes to check their work. By automatically reviewing your clinical notes and documentation, a charge capture solution can generate suggested professional fees and improve your claims processes.

By implementing an automatic review, your practice will see an increase in coding accuracy and the clean claims that lead to the fastest payment possible for your organization.

3) Improve Productivity

For a billing team that is dedicated to making sure your practice submits clean claims and receives quick payments, a quality charge capture solution will save valuable time and energy in their efforts. With this tool, your billing staff can depend on the technology to review claims and determine where corrections need to be made in order to secure reimbursement.

This freedom enables them to focus on other critical billing tasks that enable your practice to keep offering valuable care to patients in your community.

Your revenue cycle is a complex process that starts from the time the patient schedules an appointment for services to the time their bill is paid in full. A high-quality charge capture solution will ensure that your practice cam streamline billing workflows, improve productivity, and grow their bottom line. By decreasing the amount of time providers spend paying attention to their revenue, they can return that time to their patients.

To find a charge capture solution that can help your practice improve and simplify its billing process, click here.