Doctors work hard solving health emergencies and making sure that their patients make it home in good health. Sometimes there are lots of tests that are run and treatments that are performed before they know what is wrong and how to help their patient. It is important that doctors are paid for the work they do, but sometimes the treatments they perform don’t make it to the hospital bill. This is a problem that is solved by charge capture software and there are many benefits to using it.
1. It Brings Departments Together
If the patient requires tests and treatments from several different departments, sometimes those departments work as if they are in a silo. This comes to billing as well. Sometimes things get missed when billing assistants are only focusing on their own department. Charge capture fills in the blanks between departments to make sure that nothing gets left off the bill.
2. You Are Able to Run Reports
Regularly running charge reports allows the hospital to catch any missed or incorrect charges. As they run the reports, they are able to see patterns in billing mistakes that might be missed without these reports. Hospitals can also analyze billing trends to look for ways to increase revenue, as well as improve performance. Running these reports and catching mistakes before the bill is sent will minimize the chance that the patient will dispute the charges.
3. They Create of Full Record of Care
Charge capture and electronic health records can work in tandem to create a full record of the care that a patient received. Unlike in the past, when patients had a paper file with their past medical treatments, providers can quickly pull up a history and base their care on what the patient has already done. Being able to see what tests, treatments and medications they have been charged for in the past will cut back on unnecessary medical procedures, reducing the cost to the patient and allowing the hospital to treat more people.
Hospitals are at the forefront when it comes to technology to diagnose and treat their patients. There is no reason they should be lagging behind on the health records and billing software side. Investing in this software will only help medical providers reduce the time spent researching patient histories and providing accurate bills. If your hospital depends on seeing as many patients as possible, the resources you save on reducing this time waste will more than cover the costs for these software upgrades.