Billing and Collections

OSM Core: The most powerful billing and collections tool available.

At many physician practices, the billing and collections function is inefficient and costly.

The process is marred by miscommunication and incompatibility. Improperly coded bills prevent accurate and timely reimbursement. Complicated systems are a source of frustration for employees. Reports are confusing, inaccurate or non-existent. Supporting documents are nowhere to be found. And errors abound.

Today, physician practices have a choice. They can settle for poor cash flow and weakened financial performance. Or they can turn to OneSourceMed® for help.

OneSourceMed® has developed a powerful practice management application, OSM Core, which is designed to improve workflow and simplify the processing of claims and the generation of reports. The results: fewer mistakes, less bad debt and improved cash flow.

OSM Core®, with enterprise functionality, coordinates the billing and collections function from the initial patient encounter through timely and accurate reimbursement. OSM Core® is:

  • A browser-based application – Users familiar with Windows can easily enter data and generate a variety of meaningful reports. Experienced help-desk professionals just a phone call away.
  • A hosted system – Users of Internet Explorer 6.0 and above require no additional client-side software, eliminating hidden costs associated with the installation and maintenance of a dedicated LAN server. This platform allows for easy code changes, data archiving and updates to software and security regulations.
  • HIPAA Compliant – Facilitates a foundation for auditing and compliance.

Technology

  • Thin-client install with IE 6.0
  • Relational database design
  • Secure Socket Layer (SSL) connectivity, with 128 bit encryption enforced
  • Desktop reports delivered by Crystal Reports
  • Third-party library supports interactive production of PDF-formatted forms
  • Web-enabled COGNOS primary mechanism for back office and management reporting support
  • Database platform is MS SQL 2000 Enterprise Edition
  • Operating environment is Windows 2000 Advanced server
  • Data definition layer is XML with ASP pages presented to desktop users

OSM Core begins at patient registration with appointment lists and a multi-view scheduler. It provides multiple calendar views – in 8-hour-day and 24-hour formats – easy rescheduling and visual cues that alert administrative staff to overbooking.

OSM Core also provides visual alerts on the status of patient-related activities including:

  • Collection of co-payments
  • Visit status
  • Encounter data-entry status
  • Call logging and call resolution status

Real-Time Editing
To reduce and even eliminate input errors – which are the cause of nearly two-thirds of all claim denials – OSM Core performs real-time, front-end edits, before data is saved to the system. An edit engine alerts users when possible mistakes and/or payor exceptions have been keyed in. ICD9, HCPCS, CPT-4 real-time validity checks are made before change data is saved, dramatically reducing payor rejections.

The system can generate a Superbill (statement) and electronically submit claims.

Proven AR Protocols
The Accounts Receivable process is managed and reconciled by OneSourceMed® experts using consistent and effective collection protocols, which can significantly reduce the aging of invoices. OneSourceMed® executes full accounts receivable collection and posting on client accounts.

Future enhancements to OneSourceMed® include handheld device (PDA) interfaces, the development of a “Patient Portal” with the potential to create dramatic new ways of communicating with patients through the Web, and a “paperless” business environment using Electronic Medical Records (EMR) technology.

OnBase©: Improved Workflow through Data Management
Complementing OSM Core is OnBase©, a unique high-speed data management/document archival and retrieval solution that harnesses the power of Local Area Networks (LAN) and the Web to allow the efficient exchange of data.

OnBase© electronically captures, stores and manages literally every document – including paper, reports, application files, e-mails, and Web content – physician practices generate or receive as part of the billing and collections procedure. In a matter of seconds, the search engine enables users to retrieve and review data on a specific document. Onbase© then allows those documents to be revised, annotated, distributed and securely shared via the Web.

The system also promotes accountability and speeds workflow by automatically placing key tasks on the schedules of our staff, where they remain until the task is completed.

OnBase© is entirely point-and-click configurable, making it easy to design and deploy sophisticated workflow solutions.