5 Ways AI is Revolutionizing Medical Billing
Claimocity Claims 5 Ways AI is Revolutionizing Medical Billing Imagine a world where medical charting and billing aren’t dreaded chores but streamlined processes powered by artificial intelligence (AI). While AI chatbots transform customer service and virtual reality can design your dream home, the healthcare industry is experiencing its own AI revolution. Amid this technological shift, […]
10 Questions Answered: Your Guide to Claimocity AI Charge Capture
Claimocity Claims 10 Questions Answered: Your Guide to Claimocity AI Charge Capture Feeling overwhelmed by charting and double documentation? As an inpatient healthcare provider, your time is precious. Managing manual coding and data entry alongside patient care is incredibly demanding, but we’re here to help change your life. Introducing Claimocity’s AI-Powered Charge Capture—your ultimate solution […]
AI Charge Capture Press Release
Claimocity Revolutionizes Inpatient Medical Billing with AI-Powered Charge Capture Product FOR IMMEDIATE RELEASE View Full PDF Here Las Vegas, NV – June 5, 2024 – Today, Claimocity unveiled its groundbreaking AI-powered Charge Capture product, reinforcing its reputation as the leading platform for charge capture software and end-to-end revenue cycle management solutions for inpatient providers. This […]
How MDs are Minimizing Revenue Losses During COVID
Claimocity Claims How MDs are Minimizing Revenue Losses During COVID In normal times, the average doctor loses between 10-22% of their income to inefficiency, with poorly run practices losing up to a third or more. This includes missed charges, lost charges, errors, missed deadlines, coding issues, denials, time costs, software issues, organizational deficiencies, opportunity costs, […]
Improving the Charge Capture Process
Claimocity Claims Improving the Charge Capture Process In a third party independent survey of Hospitalist groups polled: 61% of physicians ranked missing charges are one of the top three most important current issues in their practice. 71% stated that improving the charge capture process needed to be a higher priority. 43% listed charge lag, capture […]
Best Hospitalist Practice Management Features
Claimocity Claims Best Hospitalist Practice Management Features The practice management software you choose to process patient claims and handle patient administrative records will be an integral part of your operations. 66% of over 228 Hospitalists polled in a 2019 study express medium to high levels of dissatisfaction with their current PM software. 88% report systematic […]
The Next Generation of Hospitalists and Physiatrists
Claimocity Claims The Next Generation of Hospitalists and Physiatrists Tech Tools for the Next Generation of Physicians In the next ten years, medical technology will look and feel completely different. Here are 8 key data-science areas with the highest trending growth, change, and impact: Cloud integration Deeper artificial intelligence infusion Personalized predictive machine learning Process […]
In House vs Outsourced Billing Services: Inpatient MD Guide
Claimocity Claims In House vs Outsourced Billing Services: Inpatient MD Guide SUMMARY POINTS Journal of Medical Practice Management (2018): Outsourced billing achieves an 80% first submission payment rate versus 68% for in-house billing. Same study: Outsourced billing records an 88% payment rate within 30 days, surpassing the 72% rate of in-house billing. MGMA survey (2021): […]
SNFist: The Rising Star of Inpatient Medical Specialties
Claimocity Claims SNFist: The Rising Star of Inpatient Medical Specialties What is an SNFist? A SNFist, also known as a SNF-ist or SNFologist, is a physician specializing in senior or recovering patient care mainly within Skilled Nursing Facilities (SNFs), dedicating 80-90% of billing claims to nursing home care. Like hospitalists, they work in diverse settings […]
What is Charge Capture? The Ultimate Charge Capture Guide
Claimocity Claims What is Charge Capture? An End-to-End Physician Guide Summary Points Avira Insights revealed that 83% of practices transitioning from subpar charge capture solutions swiftly discovered superior platforms within just 1-2 changes, resulting in an average ROI increase of 7-11% above investment within a concise 16-month period. Navicure’s investigation unveiled that 37% of providers […]