NEW YORK, NY - January 11, 2005 - OmniMD™ introduces its medical billing services to combine with electronic medical record and charge capture software as a part of OmniMD™'s suite of products and services. OmniMD™ aims to work with clients to develop the best billing solution for their practice. OmniMD™ resolves the headaches of the medical billing process by providing quality medical billing services to clinics. Trained billing professionals at OmniMD™ provide these services and manage the complete billing operation.
OmniMD™ replaces the outdated paper-based system with an easy-to-use solution that automates the entire billing process from point-of-care through reimbursement, and ultimately increases the efficiency of the medical billing process. Physicians can record charges at the point of care using OmniMD™’s charge capture software. After the doctors enter the charges on their PDAs or Desktop PCs, they're transmitted, directly into the practice’s billing system. Once the claim information is updated in billing system, OmniMD™’s billing staff work on claims processing. And, as a result of direct integration, with all the required fields filled out properly, practice is getting claims out in less than a day, instead of the 2-3 days it used to take. The real benefit is that the group should be able to save major bucks on back-office staff, because they no longer have to input charges manually. Even if they used to outsource data entry job to billing service provider, they get discount in the agency's fee, since it no longer has to manually input charges submitted on paper. The OmniMD™ provides automated billing in the area of insurance claims processing via electronic submission and will be a means to provide one-stop solution for medical billing. This ensures greater accuracy, avoidance of missed charges and quicker initiation of the billing process.
A number of factors make OmniMD™ the preferred, complete billing solution:
Charge Capturing At the Point-of-Care
With OmniMD™ Charge Capture physicians can quickly and easily select the proper procedures and diagnoses and create electronic super bills right at the point-of-care through their Tablet PC, Pocket PC or Desktop PC.
Accurate Charge Capturing
Commonly used CPT and ICD codes of each specialty are inbuilt into the system with easy retrieval facility. Physicians can store their own list of frequently used codes and the chief complaints list for easy access. The super bill templates are also customized as per specialty. While documenting the charge the software checks the eligibility of the CPT and ICD codes to ensure that wrong charges are not sent to the insurance company. The system comes with an E&M wizard for capturing accurate level of coding.
Seamless Integration
The charge capture system is integrated with the most leading practice management systems. By interfacing directly with the billing system, it would speed the submission of claims, resulting in quicker payment. Time to sending claims out will be dropped from 48-72 hours to less than a day.
Electronic Claim Processing
Bills are submitted electronically ensuring faster payment turn around time. Typically, 35% of paper claims are rejected due to errors, which is not the case with electronic claims. OmniMD™ Medical billing services can submit claims to all leading insurance services instantly.
Lower Rejects, Faster Payments
The claims go through an intense audit process to ensure that the claims submitted are accurate. This ensures that insurance providers provide payments fast and claim rejection is reduced.
Rejected Claims Processing
Claims returned by insurance service providers do not need to undergo delayed re-processing after a time gap. OmniMD™ Medical Billing Services immediately attend to the rejected claims, look into the reasons for rejection, rectify and reprocess it. |
