Poor Charge Capture Can Result in Financial Losses
Approximately 35% of practices experience delays in capturing charges on the date of service. The lag, on average, can be greater than the range of 3 to 7 days post the date of the patient’s care. Only 2% of practices routinely capture charges in less than an hour.
Using an application like BillEHR™ mobile charge capture app significantly enhances PALTC practice support and shortens turnaround time in the revenue cycle, increasing revenue and cash flow.
The app also improves point of care efficiency and enhances patient experience by taking time from administrative responsibilities and returning it to the patient where it belongs.
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