We anticipate the implementation will significantly reduce reimbursement lags and lower our cost to collect,” said Jose Rivera, Corporate Director of Physician and Professional Services at Orlando Health.
Orlando, FL (PRWEB) May 13, 2010
Kramer Healthcare Technologies announces it has developed RQI Practice Management, ™ a new Web based software service created specifically to enhance the accuracy of each patient visit through “real time” quality assurance of all patient encountered information at the time of registration. This service is custom designed to meet the needs of large physician practice groups.
Similar to the original RQi® Registration Quality Improvement product developed by Kramer Healthcare Technologies for hospitals, RQi Practice Management™ improves patient demographic and encounter data by utilizing a “real time” web verification process on the front-end that eliminates errors for a cleaner billing process, which in turn, increases collections from third party payers.
RQi Practice Management™ is the only web-based registration service available to physician practices that offers a combination of real-time and batch information processing for greater revenue capture at the point of each patient visit. RQi Practice Management™ empowers the clinic office staff by helping to eliminate errors at the time of the patient encounter. This in turn, helps eliminate manual editing and the rework usually required for claims to be submitted properly for reimbursement.
Florida-based Orlando Health’s physician practice group, which includes 250 employed physicians representing 33 specialties and more than 100 registration staff, is one of the first large practice groups to utilize RQi Practice Management™ web based solution.
“The RQi Practice Management™ software will eliminate our current high delay and denial rate from insurance carriers by providing us with a more robust rules engine to assure that all information required for payment is obtained at the time of the patient visit. We anticipate the implementation will significantly reduce reimbursement lags and lower our cost to collect,” said Jose Rivera, Corporate Director of Physician and Professional Services at Orlando Health.
“Hospitals around the country are already utilizing our RQi software to enhance their registration processes and improve revenue cycle management. Now the same opportunity is available to large physician group practices, enabling them to streamline current registration methods for greater revenue generation. In addition, by utilizing our rules engine to link the two databases we are able to raise the level of registration accuracy at the hospital facility,” said Chuck Kramer, President and CEO of Kramer Healthcare Technologies.
RQi enterprise and RQi practice management are healthcare registration solutions that detect and flag registration and patient “visit” errors for correction upon admission and prior to discharge and billing. The software is based on Six Sigma process improvement methods and operates with a patent-pending rules engine and customized set of business rules. The RQi service line provides 100 percent data review for improved billing accuracy, improved employee accountability, instinctive workflow, and immediate feedback to the user. Each system is customized on site to ensure maximum performance and customer satisfaction.
About Kramer Healthcare Technologies
Kramer Healthcare Technologies is a revenue cycle services company specializing in web-based healthcare software solutions and dedicated client support and training. Kramer Healthcare Technologies experts provide tools that improve existing operations, increase employee proficiency, and enhance revenue cycle performance on a cost-effective basis with a significant return on investment across the entire revenue cycle. Visit http://www.kramerhealthtech.com.
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