To do seamless online payments from Patient Ledger. The “expEDIum Pay” is a PCI-DSS certified standalone payment service application to route the online payment transactions for patients registered under a clinic/hospital in expEDIum Medical Billing through the chosen payment gateway. We use a Payment gateway from InstaMed. Clinics can initiate an online transaction through the patient ledger in expEDIum Medical Billing (eMB) The expEDIum Pay […]
For a biller to handle aged/denied claims, they must know the status of the claims. Making calls to the Payers can be time-consuming and costly for the clinics. So, iTech has introduced a “Seamless Claim Status Inquiry” feature in its expEDIum Medical Billing (eMB) product to make seamless inquiries from the original claims submitted through eMB. The inquiries can be driven from the aging claims, […]
Medical billers mainly receive the superbill scan & patient demographic data as separate silos, and they “assemble” all data into a claim. As the process is time-consuming for billers, iTech has introduced an Electronic Super Bill in expEDIum. The ESB is customizable for each clinic and it carries basic patient information, provider information, and encounter details of a patient. Making it simpler the patient and […]
Medical treatments are expensive, many patients cannot afford to pay their medical bills at one shot, which makes it harder for providers to continue to give their medical services to patients. iTech has added a feature called “Patient Payment Agreements” (PPA) in its Medical Billing Software. It is a simple agreement where the patient agrees to pay a certain amount over a period until completely […]
iTech has added a new feature recently called “Annual Amount Cap” mainly for Public Health clinics in expEDIum medical billing. In the Annual Amount Cap feature, the amount can be collected from the patients for certain SFSs (sliding fee schedule) program and it will be deducted from the precalculated annual cap balance based on their annual income. This feature would be helpful for public health […]
Healthcare Billing & RCM is a fundamental requirement for successful healthcare practice. When it’s come to an ideal billing solution for billing service company and a healthcare practice, it’s completely different. In addition to a comprehensive billing software, a billing company needs a good support from software vendor so that their increasing features requirement as they grow are being attended. So, billing service companies should keep such aspects in mind when selecting a solution and need to know how the software vendor help them to grow their business.
EMS & Ambulance Agencies are now seamlessly transferring data they collected for medical transportation through a standard format called NEMSIS which is supported by most of the ePCR Solutions. EMS & Ambulance Billing can be streamlined using NEMSIS where some billing software can convert NEMSIS data to a standard claim data needed by payer for reimbursement.
A primary question faced by almost all practices is should they outsource their medical billing or keep it in-house. The right answer to this predicament will differ from practice to practice, and it will be established on several factors, including finance, size of the workplace, knowledge and age of the business. Therefore, to come to the right decision it is required to assess your practice’s finance, volume metrics and staffing.
Health care reform, bad debt, and regulatory changes are all having an impact on the revenue cycle, as the health care industry is evolving at a breakneck speed. To overcome these challenges, we have to adapt strategies for a revenue optimization program that can offer a confirmed method to maximize revenue and implement practices that boost profits.