TherapySource: Maximize Profitability with Powerful Coding, Billing and Collections

Enhanced coding and compliance functionality

TherapySource’s built-in coding and compliance engine automates the entire rehab coding process improving productivity and cash flow. The system automatically extracts charges from documentation, generates the appropriate code and produces a bill – all in the same day the patient receives treatment. TherapySource’s self-auditing chart functionality also ensures HIPAA, CMS and other payer compliance.

TherapySource’s coding and compliance features help clinics to:

• Automate code generation based on documentation
• Ensure collection and accuracy of patient co-pays with automated prompts
• Track physician and insurance referral and specialty information
• Track therapist license expirations with user-friendly alerts
• Comply with Medicare rounding rules for time-based procedures
• Benefit from CCI edits and LMRP functionality
• Format daily charge extractions in either HL7-compliant format, text file or Excel spreadsheet
  • Print a super bill before patients leave
  • Ensure a proper month-end closing routine

Automate and simplify billing and collections for maximum reimbursement

TherapySource offers seamless billing and collections functionality to ensure maximum reimbursement. Our billing module offers complete revenue cycle management giving you the tools you need to improve cash flow and increase productivity.

TherapySource’s billing module is designed to manage multiple clinics or enterprises in the same application.

TherapySource billing functionality

 

• Automatically derives charges from documentation
• Charge, payment, adjustment and transfer posting
• Automatic ERA (payment) posting
• Unapplied payments and credits on account
• Unlimited billing comments per patient transaction
• Numerous reporting capabilities
• All payer claims processing
• Patient billing and optional auto dunning messages
• Collections turnover to outside collection service
• Contract management
• Collections module built for the specific needs of collection staff
• Service queue for increased office communication
• Scanning ability for external health records

Collection Module

The Collection Module is a complete accounts receivable management tool designed to improve collector efficiency and productivity as well as decrease A/R, with features that enable your facility to:

 

Automatically assign collectors to work accounts based on multiple criteria, ensuring no accounts are overlooked and eliminating the need to manually review accounts

Design the collector workspace to meet individual collector’s needs

Perform all collection activities from a centralized workspace

Effortlessly generate patient statements, bills and insurance tracers

Enter collection-related comments for referenced explanations when talking to payers or patients

Access related registration and billing and assign action dates from within the workspace

Utilize pre-defined triggers to initiate collection activity and follow-up

Automate collections correspondence to insurance carriers and patients, including graded dunning letters

Maintain collection-related activity and correspondence history

Monitor collector productivity

Seamless turnover of accounts to outside agencies if necessary