It’s widely accepted that the cost of healthcare continues to rise , but have you given thought to why that’s happening? There are many contributing factors, but one perhaps not so apparent outside the medical community is paperwork. Physicians and other healthcare professionals spend from 30 minutes to an hour on paperwork for every hour of patient care, according to the American Hospital Association.
Beyond time spent on patient medical records, a burden gradually lessening with the growing acceptance of electronic medical records (EMR), the greater time challenge is handling charges for procedures, care, and other billable categories. The myriad codes, groupings, limits, and tumultuous confluence of insurance plans takes the doctors’ attention away from patients to focus on paperwork: seldom if ever the vision held by aspiring physicians. Payment guidelines and payer regulations have never been medical specialties.
DocsInk has developed a Health Insurance Portability and Accountability Act (HIPAA) compliant mobile charge capture application designed to save physicians and other medical professionals time and improve profitability. DocsInk has a simple interface that speeds coding and real-time billing and claims at the point of care. The goals are to avoid uncaptured charges, reduce technology fatigue and avoidance by caregivers, improve interdepartmental and provider communication, increase accuracy, reduce time spent, speed claim submission, and increase the ROI in medical care.
DocsInk runs on iOS and Android mobile devices and can also be run on desktop and notebook computers. In studies of existing installations, DocsInk has increased clinical revenue by an average of 17% within 45 days and because of immediate insurance submissions, reduced the average revenue time cycle by 90%, according to the company.
Patients seek medical care and doctors are driven and motivated to provide care. DocsInk is designed to focus on improving the experience and reducing the time spent by doctors on paperwork so they can increase the ratio of time spent with people versus claims and record keeping, and simultaneously increasing profitability.