It’s difficult to keep track of all expenses, billing, charges, and payments in a hospital setting. This process can approach the level of overwhelming, and items may fall through the cracks without fault on anyone’s part. Keeping a close and accurate eye on these items is a sure way toward maximizing revenues and minimizing errors.
The charge capture software that we created at Medcom Solutions is a tool for helping your facility develop and maintain accurate charge structures. You can use this software in many ways across your services. It’s valuable for identifying reimbursement shortfalls and generating a perspective of how your facility charges compared to market peers.
Not only will this charge capture software help you in that way, but you can also depend on it for support in other instances too. You can rely on it for automated reviews to diagnose major charge errors across all departments as well as identifying opportunities for improvement in remittances. Using up-to-date software allows you to review the linking of data between various charge systems and financial data to identify errors. With this program, your facility can take a close look at processes and use the resulting information to craft recommendations for improved revenues.
