Practice Managers

Managing an inpatient practice means never taking your eye off the bottom line.

Real-time data analysis
Tracks staffing inefficiencies
Integrates with HIS, EMR, billing
Value-added Ingenious Med expertise

 

Products & Services>
Top Inpatient Practice Issues
Physicians
Practice Managers

Financial Benefits

Revenue per encounter increases of 20-50%.

Revenue per physician increases by $20-40,000.

Charge capture increases of 8-17%.

Collection rate improvements of 3-5%.

Claim denial decreases of 4-7%.

Denied-charge write-offs decreases of 12-17%

Business Efficiencies

Real-time data analysis to follow practice and clinical performance metrics.

Track and predict manpower and staffing inefficiencies.

Optimize practice behavior with feedback measures.

 

 

A Unique Blend of Technology, Data and Services 

 

The core of Ingenious Med’s application, IM Practice Manager, addresses the needs of growing hospitalist and inpatient physician practices by tying together billing and performance data across multiple and geographically disparate sites. Our integration services allow data to flow to and from IM Practice Manager and other systems your practice must use, including hospital information systems, electronic medical records and billing software.

 

IM Practice Manager also enables practices to prove their value to hospitals and optimize physician and practice performance. It is built around several toolsets:

 

• The IM Charge Capture and Coding Compliance Tools help physicians capture a larger number of charges, decrease denials, improve collections per encounter, and improve denial reimbursements. They provide billing departments with cleaner bills, and enables billers to review and submit physician charges within hours of an encounter.

 

• The IM Business Intelligence Tools enable physicians and administrators to measure and analyze physician and practice performance data in real-time, and communicate with their practice. 

 

• The IM Communication Tools streamline communication between physicians in your practice, administrators, billers and primary care physicians. They provide physicians with chat, messaging and cross-cover capabilities which enable them to communicate information in real-time with anyone in your practice or your back office.

 

• The IM BackOffice Tool enables your billing and coding staff to handle charges efficiently. 

 

 • Ingenious Med’s proprietary IM-XCHANGE integration engines decrease the complexity and time associated with integrating with third-party software applications. Physicians can access HIS or EMR data in real-time and submit charges electronically to billing companies and systems.

 

 Moreover, Ingenious Med’s support, consulting and professional services help practice managers get a firm grasp on the best management practices and how to implement them. The real value Ingenious Med offers is the expertise of our people and their ability to interpret practice information and recommend next steps that will help you take control of your practice.

 

 

Copyright Ingenious Med, Inc.             Ingenious Med / 5660 New Northside Drive, Suite 600, Atlanta, GA 30328 / 404.815.0862 / info@ingeniousmed.com