Innovative combination of services plus technology helps physicians improve
efficiency and reduce their administrative burden.
ANNAPOLIS, Md., Oct. 29 /PRNewswire-FirstCall/ -- CBaySystems, a leading provider of health care BPO services, today announced the introduction of CBayPraxis.
CBayPraxis is a revolutionary electronic patient folder, a simple, intuitive, and web enabled solution that unifies transcripts, patient charts and diagnostic records on the physician's desktop. This is the first in a series of solutions that CBayPraxis will be launching in the integrated practice management and EMR space.
"Today, small physician practices are being squeezed like never before," says Christopher Foley, President of CBaySystems and Services, Inc. "Faced with building pressures on claims reimbursement, the enormous amount of medical data they need to collect and manage, and the advent of Electronic Medical Records (EMR), they're working more hours, seeing more patients, and in many cases struggling to achieve greater efficiency. CBayPraxis was designed to change the game -- and help them take back more control."
According to Frost and Sullivan, the workload in physician's offices keeps growing, in some cases exceeding 150 patient visits per week. Additionally, every patient visit generates about 10 pages of documentation and paperwork, on average, from insurance claims to prescriptions. As a result, it becomes very difficult for a physicians office to complete the work and also maintain patient data. Some studies have reported that physicians are spending 25% to as much as 55% of their revenues on administrative overhead.
-- Managed care and government agencies both are putting an incredible
burden on physicians. Stretching their administrative staff, requiring
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