6 Myths and Truths about Hospital Charge Capture

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Struggling to come to terms with the reality of what hospital charge capture systems could and should offer? Wondering how yours could be improved to see significant changes in productivity and revenue? We thought you might be. Let us break down the myths and truths of hospital discharge capture – and what you should be on the lookout for.

MYTH #1: I WON’T SEE A RETURN ON MY INVESTMENT

TRUTH: After just one month of using HybridChart, you can see an increase in charges captured and a decrease in time spent to capture them.

MYTH #2: IT WILL DISRUPT MY WORKFLOW

TRUTH: Your workflow will be contained in the palm of your hand.

You won’t waste time looking for people to communicate with, pieces of paper, and information to help you care for your patient.

MYTH #3: OUR CHARGE CAPTURE IS FINE – WHY FIX IF IT ISN’T BROKEN?

TRUTH: Time and motion studies reveal that time is wasted and mistakes are made wherever manual entry is occurring

If you’re writing on paper or using an electronic method that isn’t connected to your billing software, you are losing money.

MYTH #4: IMPLEMENTATION IS IMPOSSIBLE AND PARTNERS WON’T USE

TRUTH: Our Jump Right In™ implementation process is built around our understanding of the unique adoption style of busy physicians.

MYTH #5: CONNECTIVITY TO HOSPITAL IS THE ONLY WAY

TRUTH: 90% of our clients aren’t connected to a hospital using an inbound data feed. They are using HybridChart effectively and efficiently without it.

MYTH #6: OUR WORKFLOW WILL REQUIRE TOO MUCH CUSTOMIZATION

There isn’t anything we can’t work through using an effective workflow, smart configuration decisions, and easy implementation process.

 

Learn more about how HybridChart can help you improve your revenue cycle, decrease days in AR, and increase profitability. Schedule a demo today!

Dr. Gregory Sanders is a Harvard-trained, practicing cardiologist and founder and CEO of HybridChart. He has been coding since the 1980s and has spent his medical career focusing on improving processes. His patient care skills earned him recognition as one of Phoenix Magazine’s TOP DOCs. He lives in Scottsdale with his family.

6 Myths and Truths about Hospital Charge Capture