Better Data Capture Boosts Bottom Line
Costs associated with healthcare management are falling under greater scrutiny as financial pressures on healthcare providers continue to grow. However, inexpensive technology solutions such as insurance card scanning and data capture software are enhancing revenue cycle management for physicians’ practices by extending the capabilities of staff, reducing costs and accelerating cash collection. Automating the patient-entry process with inexpensive scanning technology and software not only improves resource management at the point of entry, it ensures accurate patient info is input into practice management systems. Healthcare providers realize gains through streamlined and improved back-end procedures and faster insurance reimbursement. In addition to providing empirical data documenting the improvement in clean claims submissions, INUVIO discusses accurate accelerated patient entry and its impact on factors that affect healthcare providers’ bottom line.