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One key aspect of managing the practice is managing the money. Unfortunately, many small practices operate with financial and profitability margins that are scalpel thin … a handful of patients can sway performance in one direction or another. There’s not a lot of room for error; you can’t afford to compromise.
With Allscripts MyWay™ delivered by ITelagen®, you don’t have to. As an integrated enhancement to the Practice Management and EHR functions associated with claims, Allscripts MyWay™ from ITelagen® also incorporates a sophisticated, full-featured Claims Management capability.
Based on the market-leading Allscripts Payerpath™ solution, this component leverages an impressive experience base in transaction processing. As one of the nation’s largest clearinghouses, Allscripts Payerpath™:
- connects thousands of healthcare providers of every size to insurance payers;
- processes more than 16 million claim submissions to payers every month;
- and, achieves an impressive first-time claims pass rate of 98 percent, the highest in the industry.
These capabilities enable Allscripts MyWay to watch over every step of the revenue cycle for your practice – from verifying insurance and patient eligibility to receipt of final payments. That kind of claims assistance lets you:
- Generate clean, accurate claims the first time, and accelerate time-to-money and cash flow performance.
- Manage your collections process through secondary billings and statement processing.
- Automate payment postings, account allocations, re-filings, and routine “paperwork” handling electronically.
- Pull detailed tracking reports to gain an up-to-date view of these key drivers to the success of your practice.
Allscripts MyWay is an easy-to-use and secure way to make your financial performance second to none. |
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