Practice Management

Practice Management

Are your maximizing your operations, revenue and staff
satisfaction through practice management capabilities and technologies?

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PRACTICE MANAGEMENTConventional medical billing and collections capabilities are not cutting it in today’s complex healthcare environment. Practices are losing a significant amount of revenue due to inaccurate billing and inability to benchmark billing performance.

Payment models such as MACRA, MIPs and APMs are rapidly changing from fee transactions to value based performance. You need to upgrade your system to be compliant.

Savvy practice management technology and knowledge can significantly affect your practice’s revenue and cash flow by reducing the number of rejected claims, automating claims submission, and ensuring you’re not under-coding or over-coding.

OmniMD’s Practice Management System offers comprehensive and powerful functionality throughout the financial lifecycle of your organization. Here are just a few of the areas you can improve:

Easily identify and implement dramatic efficiencies for billing and collections processes
Reduce denials and improve revenues
Efficiently manage outstanding claims through automated collections and follow-up module
Reduce Total Accounts Receivable and A/R Days
Reduce claims resolution turn-around-time
Minimize time required to process payments and respond to payers
Scrubber searches for any errors or missing data before claims are submitted
Manage billing for multiple practices with single log in
Electronic claim submission through four major clearinghouses
Bulk payment posting
Intuitive billing analytics
Online patient payment gateway and digital statements
Easy-to-customize personal dashboard with clear graphics and visual reports

OmniMD has helped over 12,000 healthcare professionals improve their clinical operations, patient care and collections through our solutions and services. Let us help you “take back your practice, patients and profits” by helping you dramatically improve practice efficiency and revenue realization.

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