Are You Confident Your Clinical & Billing Modules Are Working Together for Enhanced Revenue Recognition?
The interface functionality between clinical and billing modules is crucial to enhanced revenue recognition. Transmitting medical procedures and results in the clinical system into patient charges in the billing system can be complex and potentially detrimental to your bottom line if not set up, monitored, and managed diligently. System conversions can exacerbate issues even further, particularly when there are clinical modules that don’t convert to the new system.
BKD’s Healthcare Charge Capture Assessment can assist providers in identifying potential barriers to help improve revenue recognition. BKD’s medical billing and coding consultants work with providers to assess the flow of information between electronic medical records, clinical modules, and billing modules. Discussions with clinical, billing, charge description master, and IT teams help identify system breakdowns and associated charge capture opportunities.