October 19, 2011: Leading EMR software provider Bizmatics has officially introduced their full-service, in-house electronic medical billing service to complement PrognoCIS EMR – their flagship electronic medical record system. This new service, which focuses on improved Revenue Cycle Management (RCM), offers practices an integrated EMR, practice management and billing service to streamline office efficiency and simplify collection processes.
Medical practice collections have been cut significantly in the recent years, thereby increasing the importance of maximizing a practice’s collections. The new medical billing service from Bizmatics will ensure quick submission of claims (within 24-48 hours of the visit) as well as seamless transitions from patient visits to billing to actual revenue generation.
“With our leading Five Star ONC-ATCB-rated PrognoCIS EMR, we at Bizmatics have earned our stripes in the medical industry,” says Bizmatics CEO Vinay Deshpande. “Our team knows what today’s medical practices are faced with: strict regulations from CMS (Centers for Medicare and Medicaid Services) and the private insurance carriers. Our program has been built to bill and track collections for optimal payments.”
The new service combines the benefits of electronic medical billing with the benefits of hiring a trusted medical billing service. Physicians will have a team of medical billing experts working on their accounts, and the integrated clinical and billing data from its own software system gives Bizmatics’ billing service staff a tremendous advantage. Known for their superior medical coding and collections skills as well as their PrognoCIS electronic medical record system, Bizmatics originally conceived a billing service to satisfy a few niche customers, but demand for it has been so great that it has grown into a full product services offering. Many PrognoCIS customers have already adopted medical billing from Bizmatics and are extremely satisfied with the service.
With medical billing services from Bizmatics, PrognoCIS users will see the collections process executed with professionalism and respect for each patient. Medical billing agents are trained to investigate denied claims and underpayments and also have access to information showing medical practice visit types with full reporting tools. Billing agents are extremely knowledgeable about the medical industry, and Bizmatics offers highly competitive rates for their medical billing services.