The Paperless Healthcare Revenue Cycle
An inefficient revenue cycle is not only confusing and frustrating to patients; it also can prevent your facility from providing optimal care. Timely reimbursement is a critical component to your ability to keep operations running smoothly and ensure patient satisfaction.
Insurance companies are usually able to process electronic claims twice as quickly as paper claims. With DocFinity, Coding, Billing, account resolution, and other operations are entered and processed electronically. You are able to eliminate the inefficiencies that are associated with paper and accelerate payment to providers. Fee schedules and patient statements are easily managed, and claim status is available with the click of a mouse. Provider exception processing is reduced, and customer service representatives are able to view relevant customer information immediately upon answering calls.
With DocFinity, your facility realizes:
- Significant reduction of turnaround times
- Elimination of claims duplication
- Expedited reconciliation of patient accounts
- Centralized secure access to UB-92s and UB-04s, HCFA 1500s, EOBs, CMS 1500 forms, 835 files, C4 forms, checks, and other documents
- Elimination of manual posting of claim payments
- Increased speed and accuracy in cash posting
- Decreased potential for lost revenue
- Improved accountability with auditing
Discover how you can streamline your organization while ensuring the security, accuracy, and privacy necessary to conduct everyday business. Contact us to learn how DocFinity can transform your organization and help you provide superior services for your patients and staff.
