Charge Capture

Enhance charge capture integrity and accuracy,
lower processing costs, and accelerate cash flow
  • RCM Services
WE GIVE THE BEST SERVICES

Increase your Claim First-Pass Rate

Accurate charge capture is paramount in healthcare revenue Cycle management. Errors in this process directly impact reimbursement, causing revenue loss and operational disruptions. Precision in charge capture ensures proper billing, reducing claim denials and compliance issues. Each stage of care and service rendered must align with meticulous coding to reflect the value accurately. An oversight in charge capture reverberates throughout the revenue cycle management, ultimately impacting investments in patient care. AnnexMed’s commitment to flawless charge capture mitigates these risks, preserving revenue integrity and reinforcing a robust financial framework vital for sustained healthcare delivery.

Our charge entry specialists handle a large volume of charge entry transactions with exceptional accuracy. We provide excellent coordination between the coding and charge entry teams, promoting long-term improvement in the overall process while also increasing efficiency, thanks to our expertise in multiple specialties and RCM Platforms. AnnexMed’s services facilitate smooth communication among our teams, resulting in a seamless end-to-end process.

Charge Capture capabilities include:

Multispecialty Billing
& Collections

Well versed
RCM Platforms

Physician
Education

Certified Billing
Professionals

Service Highlights
  • Superbills, charge tickets via EHR, FTP, or DMS
  • Patient demo, claim service details entry, etc
  • Daily reports provided to customers as needed
  • Charges review for accuracy before claim billing
  • SQC is performed to evaluate the process quality
  • Charge audit – missing charges, overbilling, etc
Benefits
  • Improve productivity and accuracy
  • Competency across multiple specialties
  • Timely filing of claims, tracking denials, etc
  • Charge entry review to optimize revenue
  • Fix compliance issues for charge overages
  • Real-time collaboration and reporting

Achieve Measurable, Proven Results

Costs Reduced

upto

45%
Reduced operational costs
DNFB Reduced

upto

32%

Reduction in DNFB accounts

Improve Productivity

upto

72%
Productivity improvement
Reduction in AR

upto

36%

Reduction in aged A/R
Improved Collections

upto

98%

Achieve net collections
Reduce Denials

upto

72%

Decrease in denial rate

17 +
Years of Experience
40 +
Specialties Served
value customers users viewer
99.1 %
Client Retention

Ready to talk?

Learn how we transform the revenue cycle with solutions that streamline the patient experience and improve financial performance.

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FAQ's

Outsourcing charge capture to specialized firms can streamline processes, reduce errors, and free up internal resources for other critical tasks.

Challenges include manual data entry errors, incomplete documentation, delays in capturing charges, and ensuring compliance with coding guidelines.

Effective charge capture contributes to financial stability, enabling healthcare organizations to invest in better resources and improved patient care services.

Advancements in Artificial Intelligence and machine learning are expected to further automate charge capture processes, enhancing accuracy and efficiency.