MDiQ Practice Management
From scheduling, patient registration and billing, our Practice Management system enables your organization to automate workflows and benefit from increased efficiency. Simplify claims management, charge entry and reporting with our robust solution.
Take the headaches out of managing your revenue cycle by automating workflows in billing, remittance management, reconciliation, and reporting. Pinpoint accounts receivable bottlenecks to accelerate payment turnaround and boost cash flow.
Capture, store, and report on thousands of data elements coming and going from your system every day. You can customize any workflow, data set, transaction type, and management interface to meet your specific requirements, giving you unlimited possibilities using data you already capture every day.
Our denial management capabilities identify and account for all payor denials to target problem areas that affect the bottom line to assure collection of all receivables due from payors. Our denial management also allows providers to organize and manage remittance inventory; helps staff arrange, prioritize and monitor denials and underpayments; and allows the accurate reporting and viewing of the denied and adjusted amounts.
Our Collection Module is a rule-based workflow engine with configurable work queues and the ability to prioritize work based on aging, uncollected claims by client. The module processes claim status messages for the most accurate disposition and pinpoints the bottle neck in the revenue cycle payment process. Unclean claims that are not paid after being processed by the payor are sent to an exception queue to be reviewed, fixed, and re-submitted.
Posting and Reconciliation
Electronic transactions received via EDI or paper EOBs received via lock box service, scanning process, or other paper source, are converted by OCR technology to a digital transaction. Once it’s a digital transaction, all transactions are processed through the business rule engine to automate posting payment, adjustments, and reconciliation at the check level, claim level, and service line, balanced to check deposit, transformed to a HIPAA compliant remittance format, and extracted electronically to the client.