GEORGETOWN, Texas--(BUSINESS WIRE)--Inadequate attention to clinical documentation can compromise patient care, care coordination, quality reporting, and revenue as a whole. MediMobile, using its real-time clinical documentation and reconciliation service, has solved these issues by giving physician organizations unparalleled financial and compliance insight as well as visibility to which charges are missing documentation and vice versa.
Through the use of charge capture and clinical documentation data, MediMobile users have the ability to reconcile charges in real-time. The ICD-10 coding database is extremely specific and can be confusing. As a result, physicians will often struggle with coding and charging appropriately. On the billing side, the act of matching those corresponding charges and documentation is a painstaking and time-consuming effort. Billers could spend days or longer sorting through hospital portals looking for encounter notes or charges. Millions of dollars have been lost due to this issue. Having the ability to reconcile charges to documentation plugs any financial leaks stemming from lost or missing charges.
“We have the ability through [MediMobile’s] software to analyze almost anything you can think of. If a patient has a progress note but no bill you will be alerted. If the patient has a bill but no evidence of a patient visit you will be alerted to that as well,” said Dr. Martin, Questcare.
Hospital portals and medical record departments are currently not designed to provide operational efficiencies. MediMobile’s real-time clinical documentation/reconciliation feature allows revenue cycle management teams to have comprehensive insight into collections, coding, denials, and issues involving proper reimbursement. Without this level of visibility, it can take 30+ days to obtain a medical record. Becker’s Hospital Review recently wrote a White Paper elaborating on MediMobile’s clinical documentation/reconciliation service’s impact on the revenue cycle.
The potential of revenue audits in healthcare has increased dramatically. As a result, hospitals must effectively manage documentation sign-offs. MediMobile’s clinical documentation platform allows practices to focus on ensuring claims have correlating signed documentation. Not only does this allow for a cleaner audit process, but potential missing revenue can be identified. By analyzing clinical documentation in real-time, hospitals can avoid any surprises that may come from providers being non-compliant.
Time, resources, and revenue are sacrificed when inefficient documentation methods are in place. MediMobile’s real-time clinical documentation/reconciliation service maximizes revenue by reducing delays, increasing quality, reconciling charges, and managing compliance measures. Without such an in-depth system, physicians and physician organizations could potentially be missing out on a substantial amount of revenue.
MediMobile is the leading technology provider of data and charge capture solutions. Focusing on point-of-care billing and patient management, MediMobile has reduced costs, streamlined processes, and enabled better quality of care for patients.