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Nearly 90 percent of healthcare is currently delivered outside of the hospital in outpatient settings via primary and specialty physician practices. But with record growth, rapid consolidation, and rising patient expectations, ambulatory practices need new levels of efficiency and automation to improve both business results and the patient experience.
Integrating automation into the remittance management process is one of the most effective ways to reduce administrative costs. With MediStreams managing payment posting and reconciliation, payment timelines are shortened, which reduces costs for the practice and improves the patient experience.
The MediStreams Cascade Product Suite offers adaptable integrations that meet ambulatory practices where they are, with the technology that they have. They seamlessly synchronize with existing billing software, electronic health records, and document management systems. The suite’s outsourced services are entirely scalable and customizable, ready to accommodate existing processes, multiple legacy systems and future business growth via new practice establishment or acquisition.
It’s vital for patients to be delighted by their provider experience given their increasing options and demand for immediate care. Successful ambulatory clinics are also efficient. Automation greatly improves efficiency by handling more tedious tasks.
Without automation in the revenue cycle, an ambulatory practice can experience:
MediStreams collaborates regularly with ambulatory practices to optimize payment processing efficiency while elevating the overall patient journey. Our approach focuses on error reduction in billing processes through automation. In the realm of sensitive healthcare data and financial transactions, achieving a delicate equilibrium between automation and data security is paramount for providers.
Web portal for convenient and secure access to your images and data. Includes a ten-year retention.
Reports available for access to all data received through the system.
A workflow management module for payments and correspondence.
Store, index and work correspondence online with access to all document images that are not directly associated with a payment.
Administrative module for Admins for user setup, maintenance and assignment of features and tasks for each user.
Innovative system platform designed for fast deployment of customer setups and customization. Flexibility in integration is kept in high priority.
Data and image output is customized and securely transmitted for import to an existing document management system.