NEW YORK, NY - April 3, 2003 - OmniMD™, a New York based developer of Health Information Technology, today announced the release of the newest addition to their roster of ASP Medical Management solutions, the OmniMD™ Charge Capture module. Utilizing the Charge Capture option, providers are now able to expand enter, link, and validate all service encounter information including, but not limited to, patient and provider identifiers, CPT (procedure) and ICD9 (diagnosis) codes, and associated charges required to successfully bill self pay, commercial, and governmental insurance entities.
OmniMD™ is a division of Integrated Systems Management, Inc. (ISM), a leader in Internet consulting and e-business development since 1989. Since its inception, the company has provided Electronic Medical Record solutions, available for the widest spectrum of medical specialties on the market today. As an ASP system, OmniMD™ solutions requires virtually no upfront investment and can be accessed from any Internet-connected Desktop PC or PDA handheld device; in fact, Dr. Arvind Patel calls OmniMD™ "the best Pocket PC medical application we could lay our hands on for our multi-location clinic". In addition, the Transcription product / service allows for direct insertion into the corresponding patient record and can be dictated via a Windows-based PDA Handheld device (such as the Compaq IPAQ), digital recorder, or the company’s toll-free 800 telephone number. The company’s expert team of associated transcribers is unmatched in the field, consistently achieving a quality assurance level well above the industry standard of 98.5% and ensuring a turnaround time of twelve hours, at no additional cost. OmniMD™ Document Management allows providers to attach charts, x-rays, and other assorted images directly into the corresponding patient’s file and access them anywhere at anytime.
In the past year, OmniMD™’s roster of product offerings has expanded, addressing a significantly increased range of functionality. The flexible Scheduler allows providers and administrators to manage both patient’s and physician’s daily, weekly, and monthly appointments, sorted by service, location, resource, and more. Afterward, physicians can complete the encounter by adding diagnoses and procedures via their PDA or PC, which automatically links the information into the new Charge Capture module, applying the appropriate fees based upon the applicable insurance payer or responsible party before initiating final billing, either electronically or on paper. Facilities can further streamline internal processes by organizing both ingoing and outgoing referrals via the OmniMD™ Referral Manager, avoiding time-consuming phone communications and omissions of necessary data. Finally, the OmniMD™ Prescription Writer allows doctors to enter prescriptions directly onto their PDA, adding their actual signature, and transmit to the appropriate pharmacy’s fax machine, enabling patients to begin taking medications almost immediately.
The company is constantly adding to their exiting stable of products and services. Already in the developmental stage is a full Practice Management system. When used in tandem with the already completed scheduling and charge capture functionality, the system will include direct electronic transaction transmission capabilities, in the HIPAA mandated ASC X12N (ANSI) formats. A full Accounts Receivables module, following General Accepted Accounting Principles (GAAP) is also in the works, being developed with the assistance of several significant accounting consultants. The system will feature not only a pre-configured reporting package numbering in the hundreds, but an integrated reports designing mechanism, allowing providers to create and edit not only reports, but letters, statements, encounter forms, and other prints documents required in their day-to-day operations. An Eligibility and Benefit Verification piece is in initial stages, with specific parameters geared to request patient information (again, in HIPAA compliant ANSI format) from individual governmental and commercial insurance carriers. In addition, the company’s extensive roster of strategic alliances and technology partnerships including Microsoft Corporation, HP / Compaq Computer Corporation, NDC Medisoft, and more is constantly increasing to allow for broader integration with Payer and Pharmacy systems, providing even greater functionality than OmniMD™ clients currently enjoy.
OmniMD™ is a company on the move and satisfied customers like Dr. Marcel Stern are raving: "Your software helped us get much more organized and efficient and it's now much easier to access patient data.... I recommend it without hesitation!" Recognizing that the Internet is not only a means of accessing information but also a state-of-the-art method of providing system access to clients, the company has succeeded in developing ASP model healthcare solutions that allow providers to implement only the modules they require with no installation costs and offering the widest possible range of functionality. Data storage capabilities and internal technology resource needs are minimized, since the vendor assumes the bulk of the responsibility in these areas. Also, because of this Internet-based philosophy, physicians no longer need concern themselves with compliance and security issues pertaining to the HIPAA legislation; OmniMD™ addresses the issues for them by incorporating the required data encryption levels, user access rights, and standardized code sets within all of their current and future product offerings. In short, OmniMD™ is the ultimate in medical management solutions for the contemporary healthcare professional; both for today and for the years to come.
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