Cashflow is the heart and soul of every brand. If there’s a dispute in the cashflow system, the entire organization and its people suffer. That’s why, it is important to give special attention to the billing process of every healthcare. Manual billing used to have many errors, causing extreme leakage. A local diagnostic centre was facing that. Then they took the right step by choosing Datanalytix.
Custom-built online billing software solved this issue by automating the manual billing process that resulted in errors and unbilled services. The full benefit of customizing the software to meet their specific needs resulted in the ability to recover 15% of lost revenue. Because of the inability of the manual billing systems to accurately charge for services performed. That’s why, every healthcare brand should find the perfect healthcare software development company in Kolkata.
The Impact of Automated Billing
Assisted by Datanalytix, a top healthcare software developer company in Kolkata, a local diagnostic centre’s administrative staff went through a transformation of converting their paper-based billing processes to a digital solution. By providing an easier way to input and retrieve data, they were able to minimize errors in regards to unbilled services and incorrect pricing. The conversion to the digital solution allowed the centre’s administrative staff to manually enter and review only the new accounts, rather than having to review and update all previously entered transactions.
As previously mentioned, the centre’s administrative staff now perform their billing procedures electronically. By making the transition to an electronic billing software system, they were able to automate their manually performed tasks and create an efficient workflow for entering and managing their billing and payments. As a result, the centre was able to save at least 15% of their previous annual operating costs associated with billing.
Datanalytix Responds with a Custom Solution
A most renowned and trusted healthcare software development in Kolkata is none other than Datanalytix. We collaborated with that centre and the scenario got changed. We worked on their system quickly. Every aspect of the billing process could now flow together improving accuracy in the process. Now they have no leakage.
Client Experience
Sridip Bose, owner of a central Kolkata lab
“Our Lab’s billing system was not proper. Datanalytix’s software eliminated those issues and combined all of our documentation functions into one location. The way in which they allow for ease of use through their accurate reporting and billing processes is incredible, but the real reason we continue to use Datanalytix is because of how well they know the way in which healthcare operates.”
Anup Chowdhury, owner of a Berhampore lab
“The billing process was really difficult. Datanalytix easily solved the problem with its newest technology healthcare billing software.”
Tapas Basak, administrative director of a multi-speciality clinic
“It used to take long time for monthly account completions. With the Datanalytix product in place, I can now close them in one day. The amount of time and revenue we have recovered has been extremely significant and the staff at Datanalytix has always been readily available and extremely helpful.”
Your Journey to Revenue Recovery Begins Here
Have you noticed similar losses at your Centre? Many small, undetected losses can add up to significant amounts over time; having the correct technology partner can significantly enhance your ability to recover any leakage. By implementing a tailored solution, you will be able to significantly improve your overall financial situation. Partner with Datanalytix, stop leakage.
Frequently Asked Questions
1. What is “billing leakage” in regard to a diagnostic centre?
Billing leakage from a diagnostic centre is revenue lost due to services performed that are not billed, or others that have an error in the origination of their price.
2. How quickly will custom software help to eliminate billing leakage?
Most companies begin to see tangible results from custom software within the first quarter after launch.
3. Is the software complicated for non-technical employees to understand?
Custom software created by Datanalytix Kolkata sis designed to be simple and intuitive, requiring very little training to understand how to use it.
4. Will the software create claims in various formats for different insurance companies?
When your software is implemented, it will automatically generate compliant claims for all of the major insurance companies.
5. Can the software interface with our current machines or databases?
Yes, Datanalytix Kolkata is an expert in seamlessly interfacing with legacy systems.
6. Will our patient information be secure using the software?
Yes, Datanalytix in Kolkata uses the highest level of healthcare specific data encryption & security.
