Straight Through Billing
Straight Through Billing
integrates billing process within the practice management workflow,
connecting patient scheduling, care delivery, and medical record
management. Every participant of the practice management workflow
receives a unified and coherent picture of practice workload, patient
and provider location, resource availability, and cash flow. Straight
Through Billing requires integrated technologies for Electronic Medical Records (EMR)
 and Straight Through Billing.
Straight Through Billing Technology
Straight Through Billing
technology streamlines and expedites billing process by automating
claim validation, payer message reconciliation, and billing workflow
management. First, automated claim validation eliminates errors
downstream and reduces processing time because it flags errors before
submitting the claim to payer. Next, automated claim-message
reconciliation eliminates costly search for the original claim and
standardizes message communication, further eliminating the need to
decipher the (often cryptic) payer's message. Finally, billing workflow
management drives the followup discipline required for resolution of
claim denial and underpayment incidents and establishes high degree of
process transparency for all billing process participants, resulting in
full and timely payments.