Charge Capture - FAQs

» What are the common billing problems which OmniMD^™ charge capture software resolves?

Providers can reduce lost charges, denied claims, and time-to-billing rates by using automated charge capture mechanism at the point of care. OmniMD^™ charge capture software enables the provider to record data from medical charge capture documents and encounter forms and also helps validate CPT (Current Procedural Terminology) codes and ICD (International Classification of Diseases) codes. The system detects errors and omissions on paper forms and in electronic data before submission of claims to payers.

Accurate claims lead to fewer rejections and denials, and also reduce follow up calls and reclaims for lost charges. The OmniMD^™ charge capture system is in compliance with Medicare and HCFA (Health Care Financing Administration) requirements.

» How does charge capture ensure proper billing at the point of care?

The medical billing cycle can be managed smoothly with OmniMD^™ charge capture software, which allows charge capture and creation of electronic Superbills at the point-of-care. Using a pocket PC, providers can record charges on the fly, create electronic Superbills, and then export the data directly into the billing software.
Providers are also able to send electronic Superbills directly to their billing service provider instead of sending paper-based Superbill. This ensures greater accuracy, avoidance of missed charges, and quicker initiation of the medical billing process.

» How does OmniMD^™ charge capture increase practice revenues?

An average provider loses up to $10,000 per year in missed charges. OmniMD^™’s charge capture system allows providers to capture billing charges accurately for their services and procedures - at the point-of-care.
The OmniMD^™ charge capture system increases cash flow by capturing all valid charges relevant to a particular ICD code. Accurate claims are generated with automatic ICD coding and with appropriately linked CPT codes. Healthcare Common Procedure Coding System (HCPCS) codes are more uniformly charged with OmniMD^™ charge alerts, which can further increase revenue and reduce payment denials. Providers can also keep track of charges payers are not reimbursing.

» Does the OmniMD^™ charge capture system have specialty-based CPT and ICD codes?

Yes. OmniMD^™ charge capture maintains a list of commonly used CPT and ICD codes for each provider. Automated scrubbing for CCU edits, CPT, and ICD cross-walk ensure that the list is always updated and accurate.
Commonly used CPT and ICD codes for each specialty are built into the system for easy retrieval. CPT codes of over 25 different specialties are categorized by specialty and these are cross-referenced to the corresponding ICD-9 codes. The provider can associate CPT and ICD codes and add relevant modifiers.

One can store a list of frequently used codes and the chief complaint list for easy access. The Superbill templates are also customized by specialty.

» What is E&M Coding?

Evaluation and Management Coding (E&M Coding) uses documentation guidelines for evaluation and management CPT codes from the Center for Medicare and Medicaid Services (formerly HCFA).

» What is a Superbill?

A Superbill is a charge ticket which contains all the necessary information about a patient encounter needed for payment by an insurer.

» Can one create a Superbill using a Pocket PC/PDA?

Yes. With OmniMD^™ charge capture, one has the ability to create Superbills immediately with a pocket PC, PDA or tablet PC.

» Is OmniMD^™ charge capture integrated with leading billing software, like MediSoft, Ltyec and Medical Manager?

Yes, OmniMD^™ charge capture software system is integrated with the appointment scheduler, and most leading billing software, such as MediSoft, Ltyec and Medical Manager.

» Does OmniMD^™ reduce manual data entry into ones practice management system?

Providers find it difficult to record all patient encounters in their practice management system, which results in the inaccurate or lost billing. With the OmniMD^™ Charge Capture software system one has the ability to create Superbills using a tablet PC, pocket PC or desktop PC. This helps in reduced time-to-billing period due to reduced billing re-entry, and the coordination required to correct wrong charge captures. This is how OmniMD^™ charge capture software system minimizes manual data entry in your practice management system.

» Does OmniMD^™ provide specialty-based Superbill templates?

Yes. OmniMD^™ provides specialty-based Superbill templates.