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Option Matrix Healthcare Solutions - Electronic Billing & AR System
The Electronic Medical Billing system module takes care of all the accounts receivable of the patients visit covering the entire billing spectrum and life cycle right from the initial super bill, to charges based billing on services to claims to payments and reconciliations. It provides an updated picture and tracking mechanism of the patient's financial strength and bill payment capacity.
Please fill up the form below and we will submit a proposal for your project. Alternatively, you can send email to contact@optionm.net with the project requirements.
Contents
Healthcare Electronic Billing  Solutions Solution Framework
Healthcare Electronic Billing  Solutions Option Matrix Simplifications
Healthcare Electronic Billing  Solutions Healthcare Electronic Billing  Solutions
Healthcare Electronic Billing  Solutions
Solution Framework
EMR solutions framework ensures that Charting and electronic medical billing functionalities are under an umbrella. The error prone manual entry of billing charges is avoided and replaced with a fully automated electronic billing charge creation based on the services provided during encounter. This also means a faster turnaround time and better conversion rates for the claims. The Electronic Medical Billing system also provides manual posting of medical bill charges as the situation in the case of a medical billing company may demand so.
The electronic medical billing system provides following provides a list of the various functions available:
Manage and Print Super Bill
Automated and Manual billing Charge Entry
Claims Processing
Payments
Complete Collections
The above functions of the electronic medical billing system are supported by the following powerful features
Integration with Insurance companies using EDI messages
Authorization for managed care billing
Complete conformance to CPT Codes
Financial Reports
E&M Coding
Patient's insurance and company profile
With years of experience in successfully providing Custom healthcare Software Development solutions for clients across the globe, we have honed our processes and skills to cater to your specific business needs. For outsourcing your Electronic medical billing software development requirements to Binary Spectrum, contact us with your project details at contact@optionm.net. A senior member of our customer engagement team will get in touch with you within 24 hours. Become a member of family of clients that regularly do business with us.
Click here to submit your project requirements to Option Matrix, India.
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Healthcare Electronic Billing  Solutions
Option Matrix Simplifications
Option Matrix products provide the features necessary to help physicians and billing services with their insurance claims and billing, all at an amazingly affordable price. A complete Option Matrix system typically costs much less than other systems.
Option Matrix Simplifies Accounting
Instantly view outstanding payments with pop-up patient ledgers that give detailed patient account activity.
Automatically match charges to payments using Payment Application.
Store and recall up to 26 prices for each procedure.
Mark procedure and diagnosis codes as HIPAA approved.
Option Matrix speeds Insurance Billing
Store medical billing information for virtually every type of health insurance.
Print standard HCFA-1500 health insurance claim forms directly onto a preprinted form or on plain paper with preformatted lines.
Send claims with Option Matrix Electronic Claims for error-checking that reduces rejections and speeds payment.
Verify a patient's eligibility status in a healthcare plan with Option Matrix Electronic Claims - from deductibles and co-payments to status in specific plan programs
Option Matrix improves Collections
Print patient statements on standard business forms or print customized patient statements with collection messages.
Process, print, fold, and mail your statements with Option Matrix electronic patient statements.
Write professional collection letters.
Reduce patient account inquiries with the patient remainder billing feature that holds patient statements until all insurance payments are received.
Easily pinpoint past-due payments with patient aging reports.
Option Matrix Streamlines Practice Management
Close a day's accounting quickly and accurately with the Patient Day sheet.
Summarize charges, payments, and account adjustments with the Practice Analysis Report.
Pinpoint referral sources for tracking and/or acknowledgement with the Patient Referral Report.
Automate appointment scheduling with included Office Hours software.
Assign a security level for each employee for complete control of activities and protection of data.
Track conversations with insurance carriers, pharmacies, or others with the Contact Log.
Write personalized form letters, print birthday lists, or create custom reports with the Report Designer.
Option Matrix Simplifies Managed Care
Create a treatment plan for insurance payment approval before services are performed.
Track the number of allowed visits or visits in a treatment series.
Handle PPO patients with a fixed co-payment easily and efficiently.
Option Matrix Excels In Ease of Use
Receive a clear explanation for every screen in the Option Matrix program with pop-up help windows.
Customize, create, or move the program's toolbars.
Browse or search all categories of information stored in the program
Automatically schedule backups.
Automatically log off users after a period of being idle in accordance to HIPAA requirements
Click here to submit your project requirements to Option Matrix, India.
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Healthcare Electronic Billing  Solutions
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