Cost Effective Medical records and Billing Software

[steve.EpicMD]

Today when we talk about Medical practice management the first thing that comes to our mind is an EMR and medical Billing Software.

Though the medical billing software’s have reduced the time taken in reimbursement from Insurance companies as compared to paper claim filing, but doctors and physicians are still facing problem due to denial and rejection from the insurance companies stating lack of minor information.

These Rejection and denials actually reduces the cash in-flow.

There should be a facility to ensure that there are no mistakes in the claim which is sent to the payer.

EpicMD – (EMR and Medical Billing Software) have come up with a unique facility to help doctor and medical practitioners increase the Cash in-flow in their medical practices.

EpicMD has an Internal Clearing House that is built-in the software which double checks the insurance form (HCFA 1500) before it is sent to the payer, hence stops the chances of rejection and thus the money can be reimbursed quickly to the provider.

[techguy]

How much does the Internal Clearing House cost? Can you give us a workflow of how the clearing house works. Are you making this clearing house available to other EMR companies so that doctors with other EMRs can use your clearing house too?

[steve.EpicMD]

Hi John,

Appreciate your reply, Well the internal clearing house is prebuilt in the software and thus it can be used by software only,

We have come up with a new year scheme where in we are providing the software for free if you go with the services which include A/R followup's, A/R collections, charge posting and payment posting.

Well with this offer if you take our billing service and we provide the software and the clearing house for free of cost.

There are different modules to which you can select our software or our service alone.

looking forward for your reply.

Thanks

Steve

[techguy]

Interesting choice of billing models. Sounds a bit like I heard that the Amazon Kindle was very low cost so that they could make the profit off of the Amazon eBooks you'll buy for it. It could certainly work. People like free and a clearing house could in theory give you better collections.

I just wonder if you're maybe missing an opportunity to be a clearinghouse for other competing EMR software companies. If you have the infastructure in place, then it seems like you could offer a clearinghouse interface to other EMR software companies and really benefit. This type of strategy would be similar to AmericanAirlines Sabre system which is/was used by almost every airline to book flights. I heard that American Airlines made more from their technology licensing to other airlines than they did on tickets.

Anyway, I'm just theorizing here. Maybe this isn't even possible.

[steve.EpicMD]

Hi,

I see what you are saying, but as i told that this is in-built within the software to serve this particular software only.

But i have a thought in my mind, that is if someone is really interested using this clearing house, we can provide this software alone and the consumer would have his own billing people working for him/her.
I m sure we can sort out by providing the software for a very cost effective rate which suites both the party/s.

Do let me know if anyone would like to go for such an offer, we can provide them with an online telephonic Demo regarding the software, and we could also provide training to the particular client.

thanks
Steve

[Holly DeMuro]

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