Automated charge capture at the point of care increases revenue. (Group Practice Management).(Illustration)(Statistical Data Included)

Healthcare Financial Management | December 1, 2001| | Copyright

Group practices can reduce lost charges, denied claims, and time-to-billing rates by using automated charge capture at the point of service. One orthopedic department had been experiencing many process-related problems associated with physician charge capture. To improve revenues, the physicians began using hand-held devices to input data during patients' office visits.

A 12-month analysis of charge data from the orthopedic physicians' outpatient visits using a paper-based charge process showed that 824 outpatient charges had been missed or lost, representing 6 ...

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