Facility Charge Capture
EDITS+ is Designed to Provide an Immediate Return on Investment!
With EDITS+, emergency department charges are captured more efficiently and effectively. As a result, your return on investment is immediate, obvious, and dramatic. EMERGENCY DEPARTMENT CHARGE CAPTURE IS SUBSTANDARD IN MOST CASES. A bold statement, but one we can support with data. We’ve conducted charge capture audits of emergency departments across the country, and have found that the typical process is usually riddled with errors.
The typical charge capture process requires nurses to check charge sheets or paste bar coded pricing labels and then assign codes for levels of service. Unfortunately, our audits have found that, in one emergency department after another, nurses are highly inconsistent in the crucial process of charge capture and the assignment of levels of service.
In the harried world of the emergency department, where patient care is the top priority, relying on nurses who may be per diem staff, rotated from other floors, or who may be working from a nursing registry, to perform charge capture is a costly mistake. They are care providers with many critical patient-oriented tasks to accomplish. Relying on nurses to consistently capture and assign charges is simply not realistic.
The two graphs shown here demonstrate the magnitude of the charge capture problem that occurs in most emergency departments. The first graph indicates the percentage of charts with errors that we’ve found in our most recent audits (using the individual hospital’s charging rules—not MedData’s), and the second demonstrates the average dollar loss per chart.
When comparing audit results with individual hospital charging guidelines, as a result of missed charges or assigning levels of service that are contrary to hospital guidelines, we have even found instance where undercharging is $50.00 to $100.00 or more per chart.
The ROI of EDITS+ is easy to understand—when using our software, charge capture improves immediately, and results in substantially improved revenues. That fact, coupled with EDITS+ ability to provide unprecedented clinical and management data at no additional cost, makes EDITS+ the logical choice for controlling ED information.
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Who Should Enter the Data
As proven above, we’ve found that a key success factor is to have charge and clinical data capture performed by staff that are not providing direct patient care. There are a variety of individuals who can be taught efficient, comprehensive entry of clinical data and charge capture using EDITS+.
Individuals who can be trained by MedData to use Edits+:
- Hospital staff not involved with direct patient care
- Individuals who already have access to the ED charts,
such as the physicians’ group that staffs the emergency department
Another option to consider is having MedData’s staff perform the necessary charge and clinical data capture for the hospital, as well as performing the physician CPT coding.
If you choose, MedData can also monitor your data and charge capture for you on an ongoing basis.
Regardless of the solution the hospital selects, MedData assures that staff training for data and charge capture is first rate.
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