Optimizing Healthcare Performance & Revenue

Ingenious Med recognizes the importance of selling a solution, not just an application. Through a results-driven technology, our solution provides resolution to everyday issues concerning healthcare executives, hospitals and physicians.

Get your Physician Profit & Loss Working for You

With increasing pressures on hospital margins, the demand of senior hospital administrators looking for ways to reduce the subsidies paid to their physician Profit & Loss (P&L) is more prevalent than ever.  Most hospitals have subsidized the physician P&L by $40,000 to $100,000 per physician each year and have historically made this amount up through hospital volume. 

Through the implementation of our solution we typically increase physician collections by $30,000 to $40,000 per physician per year by optimizing charge and data capture, ensuring quality reimbursements and streamlining organizational processes. Increased revenue resulting from Ingenious Med’s improved diagnosis and billing accuracy allows hospitals, health systems and private groups to maximize profits and solution investment. Additional cost-savings occur through our reporting functionality, allowing real-time access to monitoring items such as length of stay and readmissions.

Rapid Return on Investment

With a need to focus on profitability, hospitals are looking for projects with a quick return on investment (ROI).  Ingenious Med guarantees an aggressive and rapid ROI through our revenue-generating solution. With minimal upfront costs and no server instillation, implementation and the ability to start seeing results is immediate. Our confidence in our product and its results stems from our 97 percent renewal rate, add-on requests and high client growth each year. With a physician-friendly workflow, our adoption rates are the highest in the industry, ensuring groups garner the maximum benefits available. As a key-revenue generating platform for our users, Ingenious Med has been an integral part of hospitals and health systems for more than a decade. 

Alignment of Hospital and Physicians

Ingenious Med’s interconnectivity with other hospital solutions provides users with a single platform, supplying access to clinical information, data capture, billing and documentation.  Ease and flexibility of use combined with tools to support mobility allow users to access multiple data sources anywhere, in one, integrated solution. Handoff tools, alerts at the time of charge entry and support for team collaboration bring efficiency and organization to practices.

While fitting seamlessly into the physician’s existing workflow, the converging of technologies allows clinicians to enter and access data at the point-of-care, facilitating improved care and documentation. Point-of-care feedback and documentation allows physicians to gain insight into the hospital revenue process and align their actions with the facility’s revenue goals. Streamlined operations and improved connectivity across departments and specialties create consistencies in usage throughout the hospital, resulting in increased compliance and an alignment of organizational and physician needs.

Quality and Compliance

With today’s emphasis on quality and the prevalence of audits, compliance is becoming an even greater concern for all healthcare institutions.  Ingenious Med provides users with a solution to decrease risk and exposure while increasing documentation, quality, reporting, consistency and compliance.  The increasing threat of RAC audits and penalties for physicians and hospitals demand that physicians code appropriately and that patient quality, compliance and documentation are proactively managed and optimized. Ingenious Med’s coding and documentation tools provide instant feedback and ensure all charges are accurate and supported in the clinical record.

Ingenious Med’s real-time business intelligence reports give hospital management visibility into the individual physician’s coding patterns, allowing for comparison to the industry standards. This helps identify potential under coding and over coding while monitoring readmission rates.  Having the ability to pull reports and track trends in real-time provides management and care providers with an invaluable tool. Additionally, our PQRI module allows capture of Pay-for-Performance metrics at the time of care, resulting in easy government submissions and reimbursements.  Ingenious Med’s robust application ensures users have the tools available to maximize compliance and safety, while providing them with enhanced solutions to maximize quality of patient care.

 “Getting Better Quicker” – Effective Use of Automation

Ingenious Med believes in a philosophy called Getting Better Quicker. We recognize that no client is the same, and therefore have devoted support consultants to understand each groups needs and how they can maximize the benefits of Ingenious Med. We work to customize a solution that best fits each facility and its users, no matter how unique. Your questions and concerns will never go unanswered, with our expert support and consultation team a phone call away 24 hours a day/ 7 days a week.