Advance Billing

MED-IQ has an advanced billing feature that enables front desk executives to improve the billing process. The MED-IQ HIMS is end-to-end encrypted with security features making it the fast and secure way of billing. The patients can pay bills through insurance companies for medical services before they are rendered.

How MED-IQ Advance Billing helps healthcare providers?

Advance Cash Flow Tracking

It receives payment faster through different mediums. All the transaction records can be easily tracked and secured in the database. Financial reports of any time range and data sorting is possible with easy-to-use interface.

Reduce Administrative Burden

The administrative burden associated with billing and collections becomes alot easier for the staff. Advance billing can help reduce billing errors by allowing healthcare providers to review charges and correct any mistakes before services are rendered.

Tariffs Console

Automated billing can be assigned to patients. It gives alerts for pending bills to the patients and administrators.

Transparent Billing

Advance billing can help patients understand the costs of medical services upfront, which can reduce the likelihood of surprise bills or unexpected charges. It can help increase patient satisfaction and trust in healthcare providers.

Advance billing can help healthcare providers better manage their revenue cycle by identifying and addressing potential payment issues before they become big problems. Healthcare providers can plan a better budget and forecast future expenses.

Electronic Medical Records (EMR)

Electronic Medical Records are digital versions of patient medical records that include medical history, medications, laboratory test results, and other health information. Today, it is very easy to keep such data. The feature is associated with several benefits. The major benefit is it will reduce the need for physical storage and paper records, which can be misplaced, lost, or damaged.

MED-IQ hospital management system has a centralized database that can store all patient data in one place, which is accessible by authorized personnel only from the cloud and locally. Those records are accessible remotely from any location with an internet connection, which can improve collaboration among healthcare providers. This particular feature is useful in cases where the patient is undergoing treatment from multiple providers or needs medical attention while traveling.

Moreover, it ensures that patient data is secure, organized, and easily accessible when needed. The system can automatically generate alerts and reminders for healthcare providers to follow up with patients on test results, medication adherence, and other health-related activities. This can help reduce the risk of medical errors, improve clinical decisions, and increase patient satisfaction.

Healthcare providers can evaluate analytics and insights into Medicare. This includes information like generating reports and analytics on patient data, which can help healthcare providers to identify patterns, trends, and potential health issues. Also, this attribute helps hospital administration with their workflow.

The double-layer data security encryption protects sensitive patient information from unauthorized access, ensuring that patient privacy is maintained. Also, it generates logs that track who accessed the patient records, what changes were made, and when they were made, which can help to prevent fraud or misuse of patient data.

Our HIMS software complies with regulatory requirements, such as HIPAA (Health Insurance Portability and Accountability Act). This can help to reduce the risk of non-compliance penalties and maintain patient trust in the healthcare system.

Inventory Management (Medical & Non-Medical inventory)

MED-IQ allows healthcare providers to track inventory levels of medical supplies, medications, and other equipment, ensuring that they have the necessary items on hand to provide optimal patient care. The feature eliminates the risk of medication errors, equipment failures, and other issues that can negatively impact patient outcomes. There is no need for manual data entry and paperwork as it automates inventory tracking, ordering, and reordering processes.

Better Financial Management

The real-time data on inventory levels and costs optimize purchasing and ordering processes, reduce costs, and improve financial management. It helps healthcare providers to manage finances more effectively. Thus, they can reduce inventory-related costs. Overstock and stock-out-related issues are no more with HIMS.

Better data analysis

Inventory-related insights and analytics are also available in the dashboard for ease of access. This data helps to identify trends, patterns, and potential issues that may impact inventory management. Therefore, using this information healthcare providers can make effective decisions and improve inventory management.

No leakages and Pilferage

It automates the inventory procurement process, reducing the time and effort required to manage suppliers and vendors. Each lot is associated with certain codes with time and date. And whenever any stock is released it records the time. It helps to prevent leakages and Pilferage on expensive inventories.

Appointment Scheduler

MED-IQ hospital management system makes slot booking, OT engagement, and doctor and nurse engagement tasks easier with powerful analytical capabilities. This operation is a lot easier than before. The Doctor appointment scheduling feature cut off the manual booking resulting reduce wait times with no errors. The process includes automation of scheduling patient appointments, managing patient data, and generating reports.

An appointment Scheduling software can help hospital management in several ways, including:

Streamlining patient appointments

The Patient interaction experience is going to change forever. Using patient management software scheduling Medicare for a long queue of patients becomes a lot easier. Every process of diagnosis is streamlined and can be scheduled at a specific time. This reduces breakdowns and efficient use of healthcare resources. Manual processes are time-consuming and prone to errors. Automating this process reduces the need for patients to wait on hold or visit the hospital in person to schedule an appointment. This convenience can improve patient satisfaction, which can, in turn, help improve patient outcomes.

Improving patient satisfaction

A healthcare facility solely works for patient care. And patient satisfaction is the ultimate goal of any healthcare provider. Patients who are satisfied with their healthcare experience are more likely to adhere to their treatment plans, have better health outcomes, and recommend the hospital to others. An appointment scheduler can help improve patient satisfaction by providing patients with more flexibility and control over their appointments.

Apart from this, patients can schedule appointments at their convenience and they can receive reminders about upcoming appointments, reducing the likelihood of missed appointments.

Enhance staff productivity

Most of the tasks of staff include more effort and turn out to be easier and sometimes life-saving for the patients. Software is designed with all the capabilities and all daily functional needs of the healthcare industry. Moreover, an appointment scheduler can help reduce the number of scheduling conflicts that arise, which can reduce stress and improve staff morale.

Improving resource utilization

The healthcare industry has several resources that should be allocated properly whenever required. Those assets are valuable including doctor engagement, operation theatres, Pharmacy, and expensive medical equipment. Therefore, proper utilization of such is required without loss resources. The HIMS is full of capabilities that help hospitals manage their resources more effectively, which can reduce costs and improve the bottom line.

TPA Management

The medical software solution is designed to manage the various aspects of hospital operations. MED-IQ is a comprehensive system that streamlines administrative and clinical workflows, improves patient care, and enhances decision-making. TPA management system is one of the highlight features which provide several benefits to healthcare providers.

Third-Party Administration (TPA) is a service provided by insurance companies to manage healthcare claims and billing on behalf of their clients. The process of TPA management involves the coordination of information between the hospital, insurance company, and patient, and it can be complex and time-consuming. The software is designed as per the documentation needs of any claiming process that can automate these tasks.

Centralized Information

The aim of any organization is to eliminate unproductive tasks improving the experience. Considering this, we designed HIMS software so as to collect data in a centralized panel. This data can be extracted using custom filters and saved in required formats. The software collects and stores all relevant patient and insurance information in a single location, making it easy to access and share with third parties.

Insurance Documentation Capabilities

Manual data entry has a more likely chance of errors that may occur in the rejection of insurance claims. But not anymore MED-IQ ensures that information is accurate and up-to-date. Moreover, TPA management capabilities automate many of the tasks involved in claims processing. Automatically generate claims based on the treatment and services provided, and submit them to the appropriate insurance company for processing.

Compliance and Regulations 

No more delayed or denied claims- everything got covered in MED-IQ TPA management software. The software is ready for future necessities and requirements. We carefully look into forthcoming updates and regulations released by the government and third parties for documentation verification and insurance coverage. It automatically processes patient data to check their insurance coverage and eligibility for the services they require.

Record keeping capabilities

Another benefit of using HIMS is that it gives the ability to generate reports and analytics. This includes detailed reports on claims processing, revenue generation, and other key metrics. Therefore, healthcare organizations can identify areas for improvement and optimize their operations. The data-driven decisions become more accurate which improves the quality of care and reduces costs.