Robust Reporting in Medical Billing
PrognoCIS Offers Industry-Leading Solutions for Medical Practitioner
Establishing smooth functioning of your practice requires efficient management of the billing process. Medical billing reports provides essential information about payments, claims and other aspects of billing procedures. This helps to drive better judgement, informed decision making and finally increased ROI for your practice.
Allow PrognoCIS to make your practice’s medical billing process swifter and more accurate. Their features ensure you receive services that are ideal for your practice.
Dashboard And Reports
This enables users to customize reports of their choice, use comprehensive filters, group, and subgroup the report totals and much more.
About 100 standard reports are available for users to use and explore.
All Tabular reports are configured with standard functions.
Multi-Page Dashboard offers visibility and control over financial functions of your practice; lets you contain any standard tabular report and more.
Any standard layout reports can be set to run on regular intervals and can be easily retrieved from download file sections.
This report enables the users to drill down at the transaction levels by simply clicking on Summary Amounts which supports in making strategic decisions regarding reconciling balances and practice performance.
Tracking transactions at the end of the week or end of the month becomes convenient. You can also keep track of aging progression and over all practice progression by plotting trends of operational metrics.
Practices that provide services to numerous locations can efficiently manage payments reports with this feature.
Statistics Reports is one single report screen which provides dozens of reports that Practice can use to base their analytics such as: Billing Statistics, Payment Statistics, Top 10 Analytics, First Pass Percentage and Employer Billing Statistics.
Allows users to have a quick overview of data. Allows flexibility in viewing breakups of claim counts by providers and business units.
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What is Included in a Medical Report?
A medical report encompasses a patient’s medical history that is an official document written by a healthcare professional. It contains information on how long a patient’s injury or treatment lasted or whether it is still ongoing.
The Six Important Medical Billing Reports
Account receivable aging reports disclose unpaid claims of insurance companies
Basically, a payment trend shows you the amount you need to collect from your patient to pay their claims whereas an Insurance collection report is similar to account receivable that indicates how long a claim has not been paid.
Key performance indicator reports are of great value to your practice as they layout the most profitable procedures for your practice. PrognoCIS offers customizable trend indicators that are scheduled to run on intervals to track transactions by the end of a week or the end of the month.
This report allows you to take key decisions regarding revenue. Displaying the top ten payers and insurance companies. Providing information on negotiating for better pricing with payers and insurance companies.
Patient payment reports track down payments of their medical bills. Patients can effortlessly pay for their medical fees from the comfort of their homes as data is entered directly into the PrognoCIS practice management system that prevents messy, time-consuming reconciliations and costly errors.
Clinics use clearinghouses to electronically transmit claims to third-party payers. They track down the reasons behind rejected claims.
The rejected detail from the Clearinghouse is displayed as a tabular report when needed by the clinic.
PrognoCIS is a patient-centric system and is easy-to-use, with the ability to integrate with third-party applications. It is easy to set up your system with PrognoCIS and make claim processes simpler and efficient.
The 4 Main Types of Analytics That Expedite the Decision – Making Process
More than one type of healthcare analytics exist:
The practical application of these types of data analytics can be used as an advantage to benefit health care organizations, and as well as their patients.
Medical Billing Solutions For Every Specialty
What People Say
Importance of Data Analytics in Healthcare
➣ Earlier healthcare organizations required skilled analysts to process data but there are tools that analyze an ample amount of data. The growth in healthcare information is going to be vast and unpredictable in the future.
➣ Data analytics utilize qualitative and quantitative processes to analyze these data into meaningful information.
➣ Data analytics come up with prediction and interpretation, which can help rectify an issue even before you encounter them. This contributes towards practice productivity and patient satisfaction.
➣ Data Analytics is pertinent for healthcare organizations as it influences trends and enables effective decision-making.
➣ With PrognoCIS reporting and analytics, healthcare providers and clinicians create desirable outcomes.
➣ The system allows quick and fine-tuned analysis through the diligent use of filters. They also take account of real-time vital signs while performing analytics.
Medical Billing Solutions For Every Specialty
Why Use PrognoCIS?
With PrognoCIS as a part of your practice, mitigate inefficiencies, maximizes your productivity, resource utilization, and profitability.
PrognoCIS offers medical billing solutions that are reasonable and focus on expanding your business and providing excellent patient care.
They cover all aspects of medical billing that include:
- Patient billing
- Practice management software
- Medical credentialing
- Account resolution
- Revenue cycle management
Using reliable medical billing software and providing medical billing solutions that ensure smooth running of your practice allowing you to provide value-based patient care.