Invest in PiMS-Be Profitable
PDM is a unique system in that it is designed to improve workflow, reduce labor costs, providing you with additional profits. With PiMS you can have a return on your investment in just a few short months.
Scheduling
With PiMS Resource Scheduling, appointment, caregiver, equipment, modality rules will be set up for your practice. The system will manage the rules, and appointment slots will be automatically presented to the scheduler based on these rules. Ongoing labor costs will be minimized! Patient Satisfaction improved!Your employees do not have to learn the rules for each appointment type and your schedule can be maximized without incurring additional labor costs. With PiMS Resource Scheduling, your practice can efficiently schedule appointments based upon your practice rules, and reduce its financial loses while improving patient care. Return on Investment
PiMS Resource Scheduling costs, for single location practice, less than $1,000 to install. Assuming an average fee for a visit of $100. Three (3) lost appointments (patient leaves your office due to improper appointment scheduling or an appointment is not scheduled when space was available) a month can cost your practice $3600 ($300 x 12 = $3600) per year. The costs may be higher. The average charge is probably higher than $100. And, the frequency can be realistically higher than 36 lost appointments per year. With this analysis, you can see how investing in PiMS Resource Scheduling will provide a return on your investment within 3 months. |
Medical Billing
Investing in PiMS Medical Billing, will decrease your billing denials. PiMS Medical billing provides flexible billing cycles, the capability to build in rules for Payer specific billing requirements, flexible claim formatting, missing element tracking, online reformatting, and a multitude of other user friendly functions to assist your personnel in billing. Without PiMS you are losing money!How will this benefit your organization? In the example where you charge $500 for a procedure, the claim is denied and corrected resulting in a 30-day delay in payment. Because of the denial, your $500 profit is reduced by 8-10% for personnel costs. That is then reduced by another 5% due to the delay in collection of the receivable. Conservatively, your margin is reduced by 15%. Multiply that by the number of instances this is currently occurring in your practice. You can see how quickly your margin erodes, and cash flow is delayed. Return on Investment
The cost of PiMS Medical Billing is dependent on the size of your practice and number of concurrent users. For a small practice, the cost could be less than $1000 to install. Taking the above example into our analysis, your return on investment would be seen very quickly. Investing in PiMS Medical Billing will be paramount in increasing your margin and cash flow. |
And don't forget PiMS provides a comprehensive solution
Resource scheduling is a business tool that provides advanced scheduling features, quick access to patient schedules, and strategic views of your operations.
Registration represents a significant advancement over traditional systems by providing comprehensive management of patient, visit and financial information.
Facility Billing allows you to generate facility invoices, showing all activity for the period. Invoices are stored online and available for viewing. At a glance you can view outstanding balances by facility. You can mix and match insurance billing with facility billing and have the type of billing determined by the insurance and services.
Billing is designed to increase the productivity of your billers by generating the claims and bills automatically.
Collections is a set of tools to manage your collection process more effectively with the goal of reducing your A/R. Your collectors will have the time to focus on hard-to-collect or high balance accounts and let PiMS do your other collections by automatically generating letters and tracers.
Revenue Management is truly unique in that the month end is automatically closed and the previous month and the current month can be open simultaneously. PiMS takes care of everything, applying charges, payments and adjustments to the correct month for you!
Reporting is comprehensive, providing online real-time reports as well as 200+ management reports. With PiMS you have immediate visibility to your operation, as well as a historical view, allowing you to analyze trends and make good business decisions about the future.