them to see more and more patients than ever before, and causing delays
in their ability to collect money (and causing them to collect less
than they're entitled to).
-- Rejected claims create an administrative burden and cash flow problems.
Physicians end up leaving too much money on the table because of things
like inadequate documentation, incorrect codes, and their
administrative teams have to spend hours and hours on the phone trying
to fix problems and collect what the physician is due.
As a result, physician practices face a number of significant challenges. From understaffing and high job turnover, to inadequate financial reporting, lost revenue due to submission errors or bad insurance claims, and unsatisfactory customer service -- as the administrative team spends time trying to collect money rather than service patients.
"I became a physician to treat patients, not to handle paperwork," says Diego Escobosa, M.D., from Bayside Pediatrics. "Every day, I'm seeing more and more patients and making less and less money. I've seen it happen in my practice, and with all of the other physicians I know who work in small practices."
A Breakthrough Solution.
CBayPraxis brings together a comprehensive suite of practice management offerings, including transcription, electronic medical records, e-prescription and billing services on a single desktop platform. Using a high-definition dashboard featuring "widget" technology, these services are delivered directly to physicians, giving them access to the information, records and reports they need when they need them -- quickly and easily.
"CBayPraxis allows us to outsource many of our back office functions,"
notes Dr. Mirza Nusairee, MD, Internal Medicine a user of CBayPraxis.
"Their team makes the calls, confirms coverage, follows-up on collections,
corrects documentation, and handles other tasks we used to do internally.
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