THE FOLLOWING SCENARIOS ARE NOT UNCOMMON. IN FACT, THEY HAPPEN ALL TOO OFTEN IN HOSPITALS TODAY.
AT MEDAPTUS, WE BELIEVE
THESE INFUSION CODING PROBLEMS
LEAVE MONEY ON THE TABLE and
ARE COMPLETELY AVOIDABLE!
ONE HOSPITAL FOUND FOUND THAT 70% OF ITS HYDRATION THERAPIES IN ITS EMERGENCY ROOM DID NOT HAVE STOP TIMES.
ANOTHER HOSPITAL FOUND THAT IT HAD INCORRECTLY CODED 60% OF ITS INFUSION ENCOUNTERS.
A MAJOR CANCER CENTER FOUND MILLIONS OF DOLLARS IN NEW REVENUE AFTER APPLYING MORE ACCURATE INFUSION TIMES.
THE BEST FIX FOR THESE PROBLEMS?
COMPUTER-GENERATED INFUSION CODING
This is software that automatically captures infusion data – turns it into the right codes – and then sends the results directly to billing – with no human intervention.
TO BE MORE SPECIFIC…
THE SOFTWARE AUTOMATICALLY
PULLS INFUSION ENCOUNTERS FROM THE EHR — INCLUDING PATIENT DATA, START/STOP TIMES AND THE DRUGS UTILIZED.
THEN, IT RUNS THEM THROUGH A PROPRIETARY RULES ENGINE COMPRISED OF TENS OF THOUSANDS OF RULES THAT CODIFIES THE ENCOUNTERS INTO APPROPRIATE AND ACCURATE BILLING CODES.
THEN, THOSE CODES ARE SENT DIRECTLY TO BILLING.
ONE MORE THING.
THE SOFTWARE WORKS WITH THE LATEST SMART PUMPS THAT AUTOMATICALLY CAPTURE START/STOP TIMES.
THIS MEANS THAT…
Fewer coders are needed for infusion therapies – freeing them up for more urgent areas.
More revenue can generated from more accurate start and stop times.
Bottlenecks can be significantly reduced, improving cash flow.
More hydration services can be charged and billed, adding additional revenue.
Greater compliance is ensured because of more accurate coding.
Nurses no longer need to code or learn to code, giving them more time for patient care.