DHRpro's Financial Reporting Software
Improving Your Revenue Cycle Management
Financial Reporting Software Locates Your Most Urgent Issues
Our Financial Reporting software is the key to improving your revenue cycle management. With our tool, medical practices drive clarity, efficiency, and revenue in a way never thought possible. Our actionable financial reports enhance your existing practice management system — making it more powerful, intuitive, and efficient.
We eliminate clutter and help billers focus on timely and compliant filings. With our tools, billers submit claims correctly the first time, avoiding lost payment, compliance penalties, or additional effort in reworking incorrect claims.
Studies show that 20% of all claims are denied, rejected, or underpaid. Moreover, 60% of returned claims are never resubmitted.
That is why DHRpro’s Financial Reporting software is so critical for every medical practice.
Denial Management in Medical Billing
Billing is a tedious job. Couple that with a get-it-wrong-once-and-we-will-never-pay-you-again mentality, and the stakes are high. Offices can’t afford to get it wrong with their patients’ claims. Hence, denials are a significant challenge for healthcare practices. When bills are denied, practices are faced with potential late or missed payments. Not to mention, catching and handling these denials can add a significant administrative burden.
DHRpro’s Financial Reporting provides immediate analysis and correlation for correct and compliant billing. Coding procedures properly to ensure acceptable steps are recognized by payors can make or break a practice. With a single click of a report, Billers can identify:
- Improper codes
- Incomplete procedures
- Unauthorized diagnostics lacking proper authorizations
Coding and billing are not easy. While essential, it remains tedious, intricate, and time-consuming. Get it right the first time with DHRpro Billing Adjudication. We help you handle the top denial issues with ease.
Actionable Claims Management
Do you have to wait forever to see report results in your PM system? Are you troubled by false positives and inaccurate results? Are you unable to filter out useless information? Are you stuck waiting to print or export reports to take action? Are you lacking the reports you need? With us, practices improve revenue cycle management.
We give you control over all of that information. You can finally manage your financial data with ease. Immediately, our tools adapt to your needs and your workflow. So, you can jump in, create custom reports, and handle your data your way.
At DHRpro, we feel your pain, and we’re ready to deliver!
- Interactive, actionable reporting
- Reporting on every step in the billing process
- Not billed
- In progress
- Denied
- Patient responsibility
- Paid
- Accurate filters to see only what matters
- Sort, group, and filter after the report has been generated
- Create tasks for an entire group of results based on your selections
- Export everything or just what you need based on your selections
- Identify where your practice needs to focus resources
- Get paid faster!
Compliance and Regulatory Management
With growing government regulations in financial data, practices need tools to remain compliant. The Transparency in Coverage Rule and the No Surprises Act have particularly notable ramifications on our billing processes.
Brad Gibson, vice president of revenue cycle and treasurer of Houston-based University of Texas MD Anderson Cancer Center, explained how such government regulations pose a significant challenge.
“A lot of these (regulations) require us to retool things to adopt, and adapt to change management, while we all have increasing patient volumes,” he said. “So having dedicated resources to work on all these policy changes is certainly difficult.”
DHRpro is committed to keeping medical practices profitable and compliant. Billers have the actionable and personalized tools to handle the complex and tedious world of medical billing with ease.
Swift Communication with the Whole Medical Team
Accurate billing and efficient revenue cycle management take a team effort. That is why we offer billers the ability to communicate seamlessly across the office with clinicians, office managers, and front desk staff. In the context of the financial information, billers can ask questions and send tasks around the office.
We bring the entire medical team together. DHRpro empowers every member equally, allowing the practice to bill correctly and get paid for their high-quality services.