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Press Release - July 11, 2008
Physical Therapists Integrate Billing and Scheduling
Systems to Win the Reimbursement Battle - New Solution Increases
Collections, Improves Compliance, and Cuts Costs
Billing Dynamix, a physical therapy billing service network
and Spectrasoft, maker of AppointmentsPRO™ and Appointments
Anywhere™ products, are teaming up to provide a completely
integrated best-of-breed Practice Management Solution specialized
for Physical Therapy and Rehab Practice. The integration of
Spectrasoft's industry leading scheduling software and Billing
Dynamix's web-based reimbursement management platform and outsourced
billing service provide an end-to-end solution that covers the
entire patient encounter life-cycle from appointment scheduling to
documentation to claim reimbursement.
Bellmore, NY (PRWEB)
July 11, 2008 -- Billing Dynamix, a physical therapy billing service
network and Spectrasoft, maker of AppointmentsPRO™ and Appointments
Anywhere™ products, are teaming up to provide a completely
integrated best-of-breed Practice Management Solution specialized
for Physical Therapy and Rehab Practice. The integration of
Spectrasoft's industry leading scheduling software and Billing
Dynamix's web-based reimbursement management platform and outsourced
billing service provide an end-to-end solution that covers the
entire patient encounter life-cycle from appointment scheduling to
documentation to claim reimbursement.
"Physical therapy clinic
owners who use electronic practice management products for
scheduling, documentation and billing often struggle with the
limited availability of full-scope but mediocre products on one hand
and excellent but single-function stand-alone systems on the other
hand," says Amy Griffin, MSPT, President of EQUILIBRIUM Balance
Performance Center specializing in Vestibular Rehab based in
Ventura, California. "I now use an integrated best-of-breed product
combining SpectraSoft and Billing Dynamix to help me increase
revenue, reduce costs and free my staff to spend more time on
patient care."
The combined service is easy to implement for any
size practice. Patient demographics are entered first in
SpectraSoft's AppointmentsPRO™ or Appointments Everywhere™
scheduling systems and transmitted automatically to Billing Dynamix
at regular intervals via a secure connection. A closed loop between
billing and scheduling ensures that every scheduled appointment is
reviewed and billed correctly - nothing falls through the cracks -
while centralized monitoring discovers delays and underpayments and
tracks every follow up action and its results, continuously
leveraging cumulative billing experience across hundreds of clinics
nationwide.
"Clients regularly see their monthly collections
increase while reducing their audit exposure using disciplined
documentation," says Dr. Yuval Lirov, author of "Practicing
Profitability - Billing Network Effect," inventor of multiple
patents in artificial intelligence and computer security, and
partner of Billing Dynamix. "Additionally, the practice owner using
an integrated Billing Dynamix and SpectraSoft solution entirely
avoids risks of implementation failure."
"Clinic owners need
innovative solutions to overcome shrinking reimbursements and rising
costs," continues Steve Petrie, CEO of SpectraSoft, "This integrated
process between Spectrasoft and Billing Dynamix closes the workflow
loop of patient intake, scheduling, treatment and billing, so that
nothing falls through the cracks and practice owners can enhance
their revenue significantly." "Along with their client-first
friendly customer service, I have been able to focus on managing my
practice and more importantly - on the patients at EQUILIBRIUM,"
concludes Griffin.
Contact SpectraSoft (1-800-889-0450 /
info@spectrasoft.com) or Billing Dynamix (1-866-939-9515 /
handson@billingdynamix.com).
About SpectraSoft For 15 years,
SpectraSoft has simplified rehab practice management with innovative
scheduling, documentation, billing and analytics solutions.
SpectraSoft's flagship system, AppointmentsPRO, powers nearly 4,000
facilities nationwide. SpectraSoft develops and supports all of its
products from its headquarters in Tempe, AZ. You can find out more
at spectrasoft.com.
About Billing Dynamix Billing Dynamix unites
hundreds of physical therapy and rehab billing systems nationwide on
a single system. By consolidating operations, Billing Dynamix tracks
payer performance from a single point of control, shares payer
compliance rules globally, and continuously matches its physical
therapy and rehabilitation billing rules to evolving payer's
environment. Every provider on the network can view in real-time,
the status of every single claim in process 24 hours a day, 7 days a
week. You can find out more at billingdynamix.com.
About EQUILIBRIUM Balance Performance Center, Physical Therapy and Pilates
EQUILIBRIUM
Balance Performance Center helps you stay on your feet. EQUILIBRIUM
is an outpatient neurological rehabilitation clinic that specializes
in the treatment of vertigo, dizziness, imbalance, and other
mobility impairments using state of the art Vestibular
Rehabilitation Therapy as seen on KABC Los Angeles
(http://abclocal.go.com/kabc/story?section=news/health&id=5896161) .
You can find out more about EQUILIBRIUM Balance Performance Center,
Physical Therapy at equilibrium-bpc.com or contact Amy Griffin MSPT
at (805) 339-9718.
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