Medaptus Partners with Peterson Health to Streamline Revenue
Medaptus Enhances Charge Capture for Peterson Health
Medaptus has rolled out its innovative Charge Pro software, enhancing the charge capture process for Peterson Health. This collaboration marks a significant step towards automating the revenue cycle and minimizing inefficiencies in healthcare operations.
Automation Meets Efficiency in Healthcare
The charge capture process at Peterson Health involved tedious manual efforts by around 60 providers. These processes entailed downloading Excel reports from their Meditech system and manually entering charges from paper slips submitted by providers. Such methods were not only labor-intensive but also prone to errors, which could potentially lead to lost revenue if slips were illegible or misplaced.
Integrating Charge Pro into Existing Systems
The partnership integrates Medaptus' Charge Pro software seamlessly with Peterson Health’s existing Athena Health and Meditech EHR systems. This integration ensures that all documentation appears within the EHR, without the need for separate logins, streamlining the workflow and capturing all relevant charges effectively.
Key Benefits of Charge Pro
With the implementation of Charge Pro, several benefits are expected:
- Enhanced Opportunities for Charge Capture – The new automated system will eliminate the issue of missing charges, ensuring every encounter is captured.
- Maximized Reimbursements – The built-in rules engine of Charge Pro guarantees that Peterson Health achieves the highest possible reimbursements from insurers.
- Integration Ease – All documentation automatically appears in their EHR, creating a universal source of truth for billing.
- Acceleration of Cash Flow – By reducing manual entry, the time lag for charge submissions is expected to decrease significantly, enhancing the financial health of Peterson Health.
Transforming Revenue Cycle Operations
Christopher Ballesteros, Executive Director of Revenue Cycle at Peterson Health, expressed enthusiasm about the partnership. He stated, "Our outdated manual process was unsustainable, leading to frequent missed charges. By collaborating with Medaptus, we foresee a significant transformation in how we manage our charge capture, which is crucial for our financial stability. This integration is a milestone for us and positions us for future growth."
Malachi Charbonneau, General Manager at Medaptus, echoed these sentiments. He highlighted the importance of addressing mid-revenue cycle challenges and emphasized that automating the charge capture process would lead to more accurate revenue generation and lower the risk of revenue leakage.
About Medaptus
Medaptus stands at the forefront of healthcare technology solutions designed to optimize revenue and efficiency. Their intelligent, EHR-integrated tools have empowered hospitals to enhance their financial health for over two decades. Medaptus' software is trusted by hundreds of healthcare facilities across the nation, streamlining processes from charge capture to revenue management.
As the healthcare landscape evolves, partnerships like the one between Medaptus and Peterson Health are vital in ensuring that organizations can continue to provide excellent patient care while maximizing operational efficiency.
Frequently Asked Questions
What is the Charge Pro software?
Charge Pro is a charge capture solution that automates revenue cycle processes to reduce manual workload and increase efficiency for healthcare providers.
How will Peterson Health benefit from this integration?
The integration is expected to lower charge lag, enhance charge capture, and ensure accurate reimbursement by streamlining their revenue cycle operations.
What challenges did Peterson Health face before implementing Charge Pro?
The primary challenges included a manual process prone to errors and delays, leading to missing charges and inefficiencies in revenue capture.
Who is Medaptus?
Medaptus is a healthcare technology provider known for developing software solutions that help healthcare organizations streamline charge capture and improve revenue management.
What changes can patients expect from Peterson Health post-implementation?
Patients can expect a more efficient billing process, ensuring accurate revenue capture from their encounters, which ultimately aids the organization in providing better care.
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