Practice Billing & Revenue Cycle Management

MPM Physician Billing and Receivables provides comprehensive physician billing and financial management tools designed to address the unique needs of the physician practices of all sizes. MPM Physician Billing and Receivables optimizes your practice's financial health through streamlined medical billing processes, collection management tools, and robust reporting capabilities driven by our full line-item billing. The full-featured practice management solution provides fully automated claim and statement generation and extensive standard and site-specific reporting options, thus streamlining your financial processes and enhancing the timeliness of payments. MPM Physician Billing and Receivables is also integrated with the MPM Patient Chart, allowing procedure and diagnosis data to flow seamlessly from MPM Patient Chart to MPM Physician Billing and Receivables for ease of charge entry.

Components and Benefits

• Patient billing
• Automated collections
• Remittance posting
• Charge entry
• Claims generation
• Seamless integration
• Data security
• Powerful reporting

Patient Billing
MPM Physician Billing and Receivables can dramatically streamline your billing processes according to the demands of the physician practice environment. Patient accounts receivable management tools provide a single patient account, full lifetime financial history, and offer clear and customizable patient statements to support effective patient billing. In MPM Physician Billing and Receivables:

• Patients are assigned one account per life to store their entire financial history allowing for staff to confidently field patient calls
• Customizable format of patient statements and support for optional outsourcing of statement generation
• Options for patient statement generation frequency
• Managed care plans and contract management can be automated
• Receipts and adjustments are applied to individual transactions, enabling line-item reporting
• Automated collections letters based upon customer defined settings

Automated Collections
MPM Physician Billing and Receivables automates many of the collection functions physician practices typically execute manually, not only saving valuable staff time, but also increasing the success and timeliness of your collection efforts. Saving time and optimizing efficiency saves money and increases your cash flow. The on-line Collection Desktop allows users to automatically generate, at userspecified intervals, separate "worklists" for their various collections staff, sorted and selected according to their own criteria.

Remittance Posting
Remittance can be applied to accounts manually as well as electronically. Through the use of the standard ANSI 835 format, electronic remittance can be uploaded and automatically applied to the correct patient accounts. Remittance posting is made easy by these standard features:

• Automatic posting of electronic remittance advice (ERA)
• Shortcuts for posting remittance to transactions based on aging
• Line item remittance posting
• Centralized Electronic Remittance Desktop for easy management and processing of errors and reason codes

Charge Entry & Claims Generation
Charge capture and claims generation within MPM Physician Billing and Receivables streamline your insurance accounts receivable processes and improves your organization's financial performance. Charges flow automatically from the MPM EHR to MPM Physician Billing and Receivables where tools allow your staff to review charges and ensure accuracy. When the day is closed within the system, claims, along with statements, are automatically generated. All processes are equipped with appropriate error checking to ensure accuracy and, ultimately, a more profitable practice. Other standard features of charge entry and claim submission are:

• Charge-posting features and rules ensure appropriate data capture at charge entry
• Worklist style charge entry to automate the entry or review of charge ticket data entered through clinical documentation
• Directly submit electronic and/or paper claims to all government and commercial payors
• Batch or individually generate and/or print claims
• Support for claim submission via a clearinghouse
• Customizable error checking
• Claim error desktop for easy error correction
• Customizable claim exceptions for split billing, rural health billing, and separation of claim print files

Other Standard Features

• Automatic flow of clinical data to MPM Physician Billing and Receivables
• Integration with MEDITECH applications (DR, GL, AP, ESS)
• Integration with MEDITECH B/AR for transferring of charges
• Guarantor billing or patient billing support
• Online cash drawer for processing co-payments and other account payments
• Customizable security access to desktop routines, financial information, and functions per user
• Comprehensive audit trails
• Powerful reporting (See Reporting page for more information)
• Online bill pay via the Patient Portal (See Patient Portal page for more information)