MedDirect Software Speeds Up Patient Pay Reconciliation

MedDirect, the billing brand of Brecksville, Ohio-based MedData, has developed revenue cycle technology for providers to more quickly post patient payments.

Advertisement

Most practices must manually post patient payments in their systems to monitor remaining pay balances, but MedDirect’s software will automatically record the transaction into the practice system, according to the release. By using MedDirect’s system, practices need fewer staff members to manage patient pay and can thus direct staffing toward more vital areas.

The technology passes payment data to clients daily to keep systems constantly up-to-date. In addition to saving on staffing costs, practices may have streamlined pay reconciliation workflows, accelerated self pay reimbursements and overall cost savings, according to the release.

More Articles on Coding, Billing and Collections:
Ingenious Med’s Software Now Supports Outpatient Billing
Get Claims Out the Door Faster: 6 Tips for ASC Revenue Cycle Improvements
Dr. Marc Cohen: 4 Big Coverage Challenges for Spine Surgery

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.