A BRIEF DEFINITION OF THE COMPUTERIZED HOSPITAL BILLING SYSTEM ADVANTAGES OF THE COMPUTERIZED HOSPITAL BILLING SYSTEM
CHALLENGES OF THE COMPUTERIZED HOSPITAL BILLING SYSTEM
This paper presents the findings on advantages and challenges of computerized hospital billing system. The study focuses on how to lessen the long processes involved in admission, discharging and billing of patients using paper work. The world of hospital billing system is certainly getting more complex and challenging each day. With the power of technology nowadays, people get interested with computers. They tried to indulge themselves on it to have a productive result in a more efficient and time saving process. It is highly valued in institutions like business enterprises, schools, hospitals, government and non government services. When you consider the complexity of the hospital environment and that hundreds of individuals are working at any hospital facility, it is a big task to ensure that the billing process is complete, and the successful re-imbursement is obtained on a timely manner.
One of the concerns of Hospitals nowadays is how to lessen the number paper works in having a transaction with the patient that could fasten the process of admission, discharging and billing of a patient. This greatly affects the profitability of the institution that makes the admission and billing of patients a long process. Great amount of time is being consumed by information retrieval and the billing process of most Hospitals without computer. Computerized billing system is a computerized system that allows physicians, hospital business office or other healthcare providers to track charges and payments for patient care. They assist in billing insurance companies and patient for care provided. It provides relief from inadequate flow of payment caused by paperwork back-up, delays in claims processing, errors made in entering information and inefficient follow up of suspended claims. This offer a complete service for billing patients at reasonable rate. Computerised Billing System increases the profitability and efficiency by enhancing the cash flow and allowing the office to run smoothly. This service is particularly beneficial to physicians who practice with limited staff. It helps hospitals to control the practices through timely tracking of accounts receivable and insurance processing.
A BRIEF DEFINITION OF THE COMPUTERIZED HOSPITAL BILLING SYSTEM Nowadays, computer has taken the place of almost every possible thing. Whether the case of medical (Hospital), engineering or any other. Doctors now use the various updated technologies which are beneficial to them. These benefits can be either is in form of updated technologies, appointment of doctors, consulting a patient or medical billing practice. The hospital billing system is the system which is used in the billing process of patients. With every patients visit and every consultation, a transaction happens between a doctor and his/her patients. Procedures and test and medicine must be paid for. Hospital billing is not just about paying and receiving payments, it also involves insurance companies and meticulous documentation. A well organised system is essential so that doctors are paid fairly and records are kept methodically. This type of billing system is very much in use in big hospitals. The major benefits of using hospital billing system for various hospital practices is if you are into your own medical practices, hospital billing seems to be something really very tough. For this you probably need a solution that will simplify things around the office. Many medical professionals are turning to the automated way of dealing out medical invoices and claims. Therefore, computerized billing system in the healthcare...