edgeMED’s Microsoft .NET Innovation Practice Management software creates a dynamic, robust and user-friendly experience for managing the administrative and financial functions of physician practices. Innovation is designed for use in solo or group Practices, as well as billing services. Whether in single or multiple site environments, Innovation incorporates everything that is needed to successfully perform vital tasks.
Innovation can be delivered via two service models; a web-based subscription model or a client/server model. Our solution empowers physicians to decide what delivery model works best based on their financial requirements.
The Innovation patient information window displays all patient-related data and is readily accessible from a single screen. With easy and flexible access to all patient, insurance and financial information, records can effortlessly be accessed from one or many locations. Complete patient information includes demographics, patient picture, insurance, referrals, alternate addresses, diagnosis history, guarantor, notes, alerts, recall notices, contacts, providers and much more. Access to patient information is by name, account number, chart number, phone number, or social security number.
The scheduling system empowers staff to maintain all patient-related appointment information electronically. Using an unlimited array of appointment types, staff is able to quickly find and schedule specific appointments by individual patient needs. The check-in feature allows encounter forms to be generated as a patient arrives, while a recall can be stored to alert staff of an upcoming scheduled appointment
The system's financial features reduce billing costs and speed up collections by simplifying the insurance and patient billing process for each practice. Charge-posting, co-payment's, insurance billing, refunds, adjustments, transfers, credits and collection detail, are all readily available tools to help manage financial data.
Comprehensive financial information is detailed within each patient account, including past and current data, accounts receivable and collection activity along with a full financial audit trail. Innovation's True "open item" tracking system allows for strong control of accounts receivables management. Check numbers are recorded on procedures for easy and fast access for posting resolution with the amazing capability of one-click refiling.
Innovation PM is a flexible, customizable practice management system that enables busy physician practices, clinics and surgery centers of all sizes and specialties to take control of their business to save money and improve cash flow.
Innovation's electronic billing system is cost effective and will reduce the opportunity for error. Innovation will significantly decrease insurance company rejections by analyzing claims for mandatory data to decrease rejections. In addition, sending electronic claims, electronically posting payments through Innovation will result in lower administrative, postage and handling costs than paper claims.
Practitioners all over the U.S. constantly struggle with frequently accepting insurance cards that are invalid or expired. While everyone has suffered from this problem, you can put a stop to it by using Innovation’s integrated Eligibility Inquiry feature. Our system provides real-time up-to-date information to verify patients insurance coverage and plan benefit.
Extensive financial reporting tools are a significant part of the system. A prime example is the Insurance Reimbursement Analysis, which determines the precise monies a practice is reimbursed for a specified doctor, by specific insurance company per selected procedure code. Hundreds of reports are quickly and easily generated in Innovation and may be viewed on-screen before printing.
Learn more about how Innovation can elevate the performance of your physician practice, driving profitability, operational excellence for real, measurable financial outcomes. Contact us today to get more information.
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