A MAJOR CANCER CENTER IMPROVED REVENUE $3.4 MILLION IN EIGHT MONTHS USING MEDAPTUS INFUSION CODING SOFTWARE.
AUTOMATICALLY CONVERTING START/STOP TIMES INTO CODE
Infusion coding is one of the most complex billing environments in hospitals today. Besides the complicated hierarchy in which services must be coded, converting start and stop times requires careful attention to detail and knowledge. Even the most highly skilled and trained staff can make mistakes, especially with a high volume of infusions.
Here’s a better solution – software that automatically captures start/stop times from the EHR, converts them into accurate codes, and then sends them back to the billing system – with no human interaction.
That means nurses can spend more time with patients.
That means coders can be re-assigned to other departments where they are more urgently needed.
Thanks to our product – Charge Capture INFUSION, infusion coding and charge capture is now fully automated and computer-generated — no longer requiring the time, attention and human resources that have have used up to now to handle this complex process.
Computer-generated infusion coding and billing using Charge Capture INFUSION delivers real-world value.
- 100% compliance. Exactly match your billing codes with your documentation.
- 100% efficiency. Eliminate or re-purpose coders.
- Completeness of charge. Always get paid for exactly what you do.
- Coding training and costs eliminated.
- Paper costs and inefficiencies eliminated.
- Additional revenue captured. Demonstrated payback and ROI.
AN EXAMPLE OF THE VALUE AND BENEFITS GAINED FROM CHARGE CAPTURE INFUSION
A well-known and highly respected comprehensive cancer center felt it was missing revenue and not operating efficiently in converting start and stop times into codes and then billing.
As a result, it turned to MedAptus and began using our Charge Capture INFUSION software.
The improvements proved significant and instant.
First, the center was able to reduce the total number of coders dedicated to its 130,000 infusion visits per year from 6 to 2. Compare this to a smaller facility in the Midwest that is currently using 4 coders for only 36,000 infusions. The larger center is generating 4 times as much volume with one-half as many coders.
But operational efficiency is only part of the story. Revenue generation is the other part.
In addition to reducing its coders (freeing up nurses to spend more time on patients), the center also generated an additional $3.4 million of revenue in 8 months.
Better capture. More revenue. Greater operational efficiencies. The cancer center demonstrates that MedAptus’s Charge Capture INFUSION software delivers to its customers the kind of value hospitals expect and need.
In fact, we can’t state if plainly enough.
There’s simply no need to manually convert start and stop times into code and then re-enter them back into your billing system anymore.
We can do it automatically – freeing up nurses to spend more time on patients or freeing up coders to work on more urgent needs.
Our software will help you find new revenue from overlooked or underreported charges.
And we can improve your operations by making your coding and billing 100% compliant.
Give us a call at (919) 617-4000 to set up a demonstration or click here. Either way, we’ll show you how our software works and how it can be applied to your specific environment or volume of infusions.
We can even run a comparison of our software and your current process (at no cost to you) using a sample dataset you provide. That way, you’ll see for yourself how we can improve your charge capture.