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Annual Amount Cap Feature Added To expEDIum Medical Billing
iTech has added a new feature recently called “Annual Amount Cap” mainly for Public Health clinics in expEDIum medical billing. In Annual Amount Cap feature, the amount can be collected from the patients for certain SFSs (sliding fee schedule) program and it will be deducted from the precalculated annual cap balance based on their annual income.
....Read MoreThis feature would be helpful for public health clinics to track and alert users on the annual cap balance for a patient, each time a patient payment transaction is added to the patient ledger.
The clinic also gets the privilege of editing, creating, printing, and adding transactions once this feature is made available for them.
This new feature will enable the clinics to keep track of Annual Amount Cap Balance easily and once a patient has hit the Annual Cap the Clinics will be alerted, and then they will be able to write off the patient balances for those programs on the claim ledger for that patient until the year is over.
We have always kept up with the industry standards and customer's demands and implement new features in every release of our software and solving the customer’s problem and adhering to their demands has always been our top-notch priority.
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ITech Adds PPA (Patient Payment Agreement) On ExpEDIum
Medical treatments are expensive, many patients cannot afford to pay their medical bills at one shot, which makes it harder for providers to continue to give their medical services to patients. iTech has added a feature called “Patient Payment Agreements” (PPA) in its Medical Billing Software. It is a simple agreement where the patient agrees to pay a certain amount over a period until completely paid. This feature is available for clinics where we have an agreement template inbuilt for each clinic.
....Read MoreThe PPA feature access is available to the operators/users under a practice account based on the privileges configured by the administrator.
Once the feature is enabled for the clients the user can create agreements, manage the documents, and manage transactions against the PPA in ledger.
This feature will help providers, clinics, hospitals to collect more co-pay efficiently. In addition, it will make it easy for the patient to pay their expensive medical bill by dividing it into a monthly payment.
iTech has always ensured that customer problems are solved and serving clients is our priority. Currently, iTech is working toward enabling online payments to make this feature even more seamless by adding automatic credit card charges with this feature. Stay tuned for more from iTech.
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Make your billing work easier with our ESB – Electronic Super Bill
Many medical billers receive the superbill scan & patient demographic data as separate silos, and then they 'assemble" all data into a claim. As it is a time-consuming process for a biller, iTech has introduced ESB in its expEDIum-billing module.
....Read MoreThe ESB is customizable for each clinic, and it carries the patient, clinic information, and encounter information. Besides, the clinic does not have to enter the patient information and clinic information as it will auto-populate in the form field.
This feature will make charge entry much easier for the biller, as upon submitting the form, eMB can pull in the data and create a claim, all that remains is for the biller to scrub the claim and submit it. Not only that clinics will be able to print the ESB and give it to their patient to carry with them.
We are taking one step at a time and making it simpler for our clients. For more updates on what’s coming up next check here https://www.itechws.com/releasenote
iTech’s expEDIum Solutions Provide Smooth ICD-10 Transition
iTech, a leading SaaS based Healthcare Billing and Practice Management Solution vendor has successfully completed a month of ICD-10 transition. iTech's Cloud based solutions expEDIum Medical Billing and expEDIum Claims Portal have successfully processed over 40K ICD-10 claims with total charges exceeding $5 million since 1st October and over 10K claims have been paid so far with total payment exceeding $1 million, the remaining claims are accepted by the payers and they are in various stages of adjudication.
iTech clients and partners are happy with this smooth and successful transition without any disruption to their workflow and cash flow. We don’t see any impact on payment cycle so far, no difference on the amount paid by payers to ICD-10 claims with equivalent ICD-9 claims with same procedure codes except a few codes. There is no dramatic changes on rejections and denials so far.
iTech solutions will seamlessly support General Equivalence Mappings (GEMs), also known as crosswalks, for cross walking and to perform comparative analytics between claims carrying ICD-9 and ICD-10 codes in the future. For now, however, a free, simple, standalone crosswalk MS Excel tool to convert ICD-9-CM to ICD-10-CM codes and ICD-9-PCS to ICD-10-PCS codes and vice versa is available as a free download at Downloads.
iTech’s expEDIum Solutions shall be supporting both ICD-9 and ICD-10 as long as it is needed.
iTech Solutions are hosted on the cloud and available for a monthly subscription. The solution supports both HCFA-1500 and UB-04 Claims on a single product.
Mr. Hari Gandham, Director Business & Product Development at MD-Reports, one of our EMR partners said "We are very pleased with the smooth transition of ICD9 to ICD10 by our Practice Management solutions partner, iTech. Our clients were adopted to this change with a stress free transition".
iTech Announces Partnership With MD-Reports
iTech, a Cloud-based Healthcare Practice Management and Medical Billing Software vendor announces partnership with MD-Reports resulting in an integrated EHR, Practice Management, Billing, Scheduling software with MD On-line as the Clearinghouse.
iTech Workshop Private Limited (iTech), a Healthcare IT Solutions Company with a focus on Medical Billing, Practice Management and Revenue Cycle Management Solutions for the US healthcare market, announced a partnership with MD-Reports.
Some of the key features of the integrated product include:
- All-in-one solution with the Office EHR and Surgery Center EHR
- Platform independent, Web based scalable billing solution
- Insurance eligibility verification
- ICD-9 & ICD-10, CPT, HCPCS code lookups and validation
- Claim History and Claim Tracking
- Advanced Reporting capabilities
- Transfer of Demographics from previous billing software
- Anesthesia Billing
- Clearinghouse connectivity through MD On-Line (MDOL)
iTech has a Subscription based Practice Management System and Medical billing software. This product includes v5010 support, connects to any clearinghouse selected by the clients, supports Insurance Eligibility Verifications and automated payment posting, among other features. EMR products can be integrated by using a secure web services interface, thereby providing an integrated EMR and PMS solution. iTech has over 400 providers on their software. With this partnership iTech expects to add additional 1000 providers.
MD-Reports achieved Ambulatory 2008 EHR certification and is ONC-ATCB 2011/2012 Certified. MD-Reports Suite offers complete and integrated reporting and documentation solutions for Medical Offices, Ambulatory Surgery and Medical Centres. MD-Reports is used by 1200 physicians and over 300 facilities located in the United States and Puerto Rico. MD-Reports has long been the clinical reporting system of choice for small to mid-sized Gastroenterology practices all across continental United States, and now with the partnership with iTech, clinical management will be complemented with practice management.
iTech’s Business Advisor, Mr. Ramesh Shastri said that “This partnership delivers a seamlessly integrated solution spanning EHR, PMS, Billing and Clearinghouse connectivity while completely satisfying compliance requirements. Net result is better visibility of claims, faster payments and cost savings, a win-win for our customers and our partnership”.
MD-Reports’s CEO, Mr. Srikanth Gosike added, “It is our commitment and vision to provide complete EMR and Practice Management Solutions with seamless data flow across all functions of a medical practice. By partnering with iTech and integrating with MD-Reports, we have achieved this goal.”
iTech announces support for Public Health Clinics
iTech, a SaaS based Healthcare billing and Practice Management Software vendor announces expEDIum Medical Billing Solution (eMB) v2.1 that supports public health clinics including Sliding Fee Schedule programs and Atypical IDs.
iTech Workshop Private Limited (iTech), a Healthcare IT Solutions Company with a focus on Medical Billing, Practice Management and Revenue Cycle Management Solutions for the US healthcare market, announced a new version of their expEDIum Medical Billing SaaS product. eMB v2.1 is integrated with Patagonia Health's EMR and the combined offering that is "easy to learn" is already signed up by several public health clinics and several more in the pipeline in the state of North Carolina.
Some of the key features in eMB v2.1 include:
- Support for Atypical IDs that are used when filing electronic claims to Medicaid.
- Sliding Fee Schedule (SFS) programs, relevant filters and reports.
- Support for SFS details at claim level.
- Cash Postings for SELF pay and Program Summary Reports.
- Support for Confidential Claims.
- Cost settled and Cost absorbed reports from Public Health Departments.
iTech has a Subscription based Practice Management System and Medical billing software. This product includes v5010 support, connects to any clearinghouse selected by the clients, supports Insurance Eligibility Verifications and automated payment posting, among other features. EMR products can be integrated by using a secure web services interface, thereby providing an integrated EMR and PMS solution.
Patagonia Health is a provider of an integrated EMR and PM solution for Public Health, Behavioural Health, Federally Qualified Health Clinics and medical practices including many specialties. The "Apps" based EMR product easily adapts to fit each user workflow. Patagonia Health solutions provides an integrated EMR + PM + billing and Clearinghouse all for one simple low monthly subscription fees.
iTech's Business Advisor, Mr. Ramesh Shastri added that "This is great step forward in the direction of providing a 'one stop' solution for our customers. Additionally they get a 'best of breed' solution on which getting up to speed is quick".
Patagonia Health's CEO, Mr. Ashok Mathur added "Using state of the art apps technology, we are excited to provide software solutions which exactly meet local public health department needs. Counties, using Patagonia Health federally certified EHR, have received federal EMR incentives".
iTech partners with MAXimize Inc
iTech, a SaaS based Healthcare billing and PMS vendor announces a partnership with MAXimize Inc to offer a Practice Management System and Medical Billing product to Emergency Medical Services (EMS) billing agencies.
iTech Workshop Private Limited (iTech), a Healthcare IT Solutions Company with a focus on Medical Billing, Practice Management and Revenue Cycle Management Solutions for the US healthcare market, announced a partnership with MAXimize Inc.
Some of the key aspects of this partnership are:
- MAXimize Inc will use iTech's expEDIum Medical Billing solution in a subscription model for their billing services with several EMS agencies as their clients.
- MAXimize Inc will provide local training and act as a reference for the new EMS billers that are added on iTech's expEDIum Medical Billing solution.
- iTech will provide MAXimize Inc with any referrals for billing work from EMS agencies.
- iTech to work with a leading Emergency Medical Services EMR product in providing an integrated EMR + PMS + Medical Billing product and work with MAXimize Inc in taking this to the market.
iTech has a Subscription based Practice Management System and Medical billing software. This product includes v5010 support, connects to any clearinghouse selected by the clients, supports Insurance Eligibility Verifications and automated payment posting, among other features. EMR products can be integrated by using a secure web services interface, thereby providing an integrated EMR and PMS solution.
MAXimize Inc focuses on providing billing services for EMS agencies nationwide. They have over 30 years experience in ambulance, clinic, & specialty hospital billing with one of the lowest service fees in the industry. As Ambulance billing is very difficult in a constantly evolving industry with new Federal and State guidelines and greater legal issues, Ambulance Agencies need a partner like MAXimize Inc in increasing their revenue.
iTech's Business Advisor, Mr. Ramesh Shastri added that "This partnership brings a superior and well integrated EMR + Billing solution to an important segment of the health care industry - EMS Agencies. It fulfils our promise of lowering costs for patients and improving revenue cycle management for service providers".
MAXimize's President & CEO, Ms. Billijean Hobson added "We expect a tremendous growth opportunity utilizing this new software. Easily expanding client base without additional staffing costs and the time savings alone has made this a tremendous alliance".
iTech Partners with Patagonia Health
iTech, a SaaS based Healthcare billing and PMS vendor announces a partnership with Patagonia Health to offer an integrated Electronic Medical Record, Practice Management System, and Medical Billing product to small physician practices.
iTech Workshop Private Limited (iTech), a Healthcare IT Solutions Company with a focus on Medical Billing, Practice Management and Revenue Cycle Management Solutions for the US healthcare market, announced a partnership with Patagonia Health.
Some of the key aspects of this partnership are:
- Patagonia Health will offer this integrated product to small physician practices and behavioral health agencies in a monthly subscription model.
- iTech will resell an integrated Patagonia Health EMR product that includes iTech’s expEDIum Medical Billing built into a seamless single solution.
iTech has a Subscription based Practice Management System, and Medical billing software. EMR products can be integrated by using a secure web services interface, thereby providing an integrated EMR and PMS solution. The expEDIum Medical Billing product includes v5010 support, connects to any clearinghouse selected by the EMR vendor, supports Insurance Eligibility Verifications and automated payment posting, among other features.
Patagonia Health focuses on EMR solutions for small physician practices and behavioral health agencies. Their product adapts to a practice’s workflow, delivering maximum efficiency. They are installed at several practices through out the USA.
iTech’s Business Advisor, Mr. Ramesh Shastri added that, “We believe this partnership will deliver significant value to our customers. A seamlessly, integrated EMR and Medical Billing solution will go a long way in lowering costs, increasing efficiency, and improving revenue cycle management for the practices we support.”
iTech partners with NexTrust
iTech, a SaaS based Healthcare billing and Practice Management System vendor announces a partnership with NexTrust, Inc., the provider of BillFlash Document Services.
iTech Workshop Private Limited (iTech), a Healthcare IT Solutions Company with focus on Medical Billing, PMS and Revenue Cycle Management Solutions for the US healthcare market, announced a partnership with NexTrust, Inc.
Some of the key aspects of this partnership are:
- iTech reselling NexTrust's BillFlash document services
- BillFlash support for iTech's Patient Statement format
iTech has a Subscription based Practice Management System, and Medical billing software. EMR products can be integrated by using a secure web services interface, thereby providing an integrated EMR and PMS solution. The expEDIum Medical Billing product includes v5010 support, connects to any clearinghouse selected by the vendor or the client, supports Insurance Eligibility Verifications, Patient Statements, and automated payment posting among other features.
BillFlash users can save time and money by eliminating paper handling in-house. Practices must shift from relying on insurance payments to reliance on patient payments as the patient responsibility is expected to increase to 30% of the total practice revenues according to industry reports. Dan Stead, Director Business Development, NexTrust said, "We are extremely pleased to have been selected by iTech to provide patient statement services to their customers. BillFlash provides a professional, cost-effective alternative to in-house printing by eliminating paper and increasing patient payments."
BillFlash leads the industry in no-fee customization, design effectiveness, online management features, ease of enrollment and use, and total value.
iTech's Business Advisor, Mr. Ramesh Shastri added that "iTech partnership with Billflash will reduce paper handling on the clinic and billing side thereby lowering costs and improving accuracy; the winners will be Practices, Billers and Patients".
iTech Partners with Exchange EDI
iTech, a SaaS based Healthcare billing and PMS vendor announces partnership with Exchange EDI wherein iTech shall resell Exchange EDI‘s products such as Direct Quote, e-Cashiering and use their Clearinghouse, Insurance Eligibility services to provide seamless Eligibility verifications and an Eligibility Portal.
iTech Workshop Private Limited (iTech), a Healthcare IT Solutions Company with focus on Medical Billing, PMS, HIPAA, X12N, Direct Payer Connectivity, Electronic Claim Life Cycle and Revenue Cycle Management Solutions for the US healthcare market, announced a partnership with Exchange EDI.
Some of the key aspects of this partnership include
- iTech reselling Exchange EDI real time and point-of-care patient cash flow management products such as Direct Quote and e-Cashiering.
- Providing seamless Insurance Eligibility and Benefits verifications from iTech’s expEDIum Medical Billing solution using Exchange EDI’s Eligibility Gateway that provides coverage for over 400 public and private payers representing approximately 85% of the covered lives in the US.
- Provide an expEDIum Eligibility Portal product that uses Exchange EDI’s Eligibility Gateway.
- Providing seamless electronic claims submission from iTech’s expEDIum Medical Billing solution using Exchange EDI’s Direct Claims clearinghouse services.
iTech has seamless Insurance eligibility verification where users can perform either batch verifications or real time verifications of Insurance eligibility from the Patient Demographics module. iTech has integrated eligibility verification with the appointment scheduler module too wherein real time verification can be performed on the fly when an office visit is being scheduled for a new patient or an existing patient. iTech’s expEDIum Medical Billing solution and expEDIum Eligibility Portal are available through its’ secure SaaS model for an affordable monthly subscription. A future upgrade to their products shall have support for ICD-10 and HIPAA v5010. Remote demos can be requested from iTech’s website.
B. P. Fulmer, Managing Partner, Exchange EDI stated, “Exchange EDI is very pleased that iTech selected Exchange EDI as its partner to deliver a set of patient cash flow management products. Direct Quote is designed to deliver the most effective technology.”
iTech’s CEO, Mr. Siva Narayanaswamy added that “iTech believes this partnership would help us both reach out to wider healthcare audience and continue contributing to reduction of billing, insurance related administrative costs.”
iTech Releases SaaS Based expEDIum Medical Billing Solution v1.0
iTech, a leading SaaS based Healthcare billing solution provider announces the availability of its expEDIum Medical Billing Solution v1.0 in a subscription (SaaS) model. The solution provides complete automated life cycle management of medical claims including automatic reconciliation of 835 (ERA) and denial management among other features. This solution provides better billing productivity for Practices, Hospitals, IPA, MSO, Healthcare BPO/KPO and Billing service bureaus.
iTech Workshop Private Limited (iTech), a Healthcare IT Solutions Company with special focus on Medical Billing, HIPAA, X12N, Direct Payer Connectivity, Electronic Claim Life Cycle, Revenue Cycle Management Products and Solutions for the US healthcare domain, announces release of expEDIum Medical Billing (eMB) Solution v1.0 in a subscription (SaaS) model.
Some of the key features include:
- Built in “online validation” of claims rather than waiting for 24 or more hours waiting for claims to be validated.
- Denial Management including increased payment due to secondary insurance visibility [In one case with 7 doctors with 900 claims that were eligible for secondary payments were not processed earlier as the information was not visible on the legacy system and customer lost revenue of about $45,000 in one year].
- Built in direct payer / CH connectivity providing seamless uploading of electronic claims and downloading of remittance advices and other reports. This reduces hours spent by billing administrators daily.
- “Provider direct” feature where providers can get to watch the status of their claims and look at analytics using a configurable dashboard using a secure logon.
- Increased claim life cycle visibility.
- Automated ERA processing reducing EOB data entry time.
- Built-in patient statements and collection agency reports features.
- EMR Integration - Secure and seamless connectivity from any existing web based or client-server EMR solution to hosted eMB solution.
- This platform price rolled into a single monthly subscription; no hardware/software or IT support costs and no capital expenditure. The pricing is for “all” available features without any "add-on" pricing for additional features (as in other equivalent products).
The solution is seen to provide generally over 50% more billing productivity compared to legacy systems due to more efficient processes and features. The average payment cycle time through this solution is seen to be generally about 11 days compared to legacy system’s 24 days (eMB's median of 9 days vs legacy’s 14 days, eMB's 80 percentile of 15 days vs legacy’s 27 days).
The solution can be hosted securely on a SaaS (Software as a Subscription) model over the Internet or the Intranet for a monthly subscription. The solution is available in a “mega-tenant” model and shall be available on a retail “multi-tenant” model in the future. A future upgrade to eMB solution shall provide support for ICD-10 and HIPAA v5010 seamlessly. A list of features is available at http://www.itechws.com/medicalbilling and demos can be requested through iTech's website.
iTech’s Business advisor, Mr. Ramesh Shastri added that “This is truly a game-changing platform that leverages the best in technology to deliver a comprehensive billing solution at a low price point that is a big step in the direction of reducing claims processing, administrative costs and making health care more affordable.”
