How Billing Companies Partner with MediMobile: The MediMobile Podcast Recap
In the latest episode of the MediMobile Podcast, host Emily engages in a dynamic conversation with Lauren Hall, MediMobile's Director of Business Development, to uncover how MediMobile's innovative solutions are transforming the medical billing landscape. The discussion delves into the strategic partnership between MediMobile and billing companies, focusing on the game-changing impact of Genesis, MediMobile's automated coding solution.
Watch the podcast here:
Seamless Integration: MediMobile and Billing Companies Unite
Emily kicks off the episode by exploring the synergy between MediMobile and billing companies. Lauren emphasizes the natural alignment, stating that it's a "logical fit." She explains that while charges are entered into MediMobile or automatically coded via Genesis, these charges need to be billed out to insurance companies. Lauren highlights, "We take the data that is being entered that we're receiving from hospital feeds and we send that over to the billing companies," underscoring the streamlined integration that benefits their numerous partners.
Tackling Industry Challenges with Genesis
The conversation shifts to the pressing challenges faced by medical billing companies and how Genesis is uniquely positioned to address them. Lauren identifies time as a universal challenge in healthcare workflows, stating that "saving time is a very big important concept for our billing companies." She also points out resource constraints, noting that billers and coders often experience burnout, leading some to leave the profession entirely.
To alleviate these issues, MediMobile offers features like insurance mapping within charge review, which automatically aligns insurance packages with billing systems. Lauren notes, "Your billers and coders no longer have to worry about the insurance package matching up in the billing system; we automatically do it for you within MediMobile." This automation significantly reduces time spent correcting insurance errors.
Furthermore, Genesis allows up to 75% of the time previously spent on coding to be redirected to other tasks, enabling billing and coding teams to focus on areas that may have been previously neglected due to time constraints.
Elevating Client Relationships
Emily probes into how partnering with MediMobile enhances billing companies' relationships with their clients. Lauren responds that having a trusted partnership "definitely brings credibility to the table." She explains that when a billing company can showcase a successful partnership with MediMobile, it instills confidence in providers and organizations, as they can rest assured knowing there's an established workflow and best practices in place.
Staying Ahead with Real-Time Automation
Discussing the role of real-time automation in maintaining a competitive edge, Lauren acknowledges the ubiquity of AI but distinguishes MediMobile's commitment to accuracy. She shares that they've spent years perfecting their autonomous coding and account for nuances in individual practices. For example, in critical care scenarios where providers need to document swiftly, MediMobile developed "smart phrases" in collaboration with critical care providers to ensure comprehensive documentation without compromising speed.
This meticulous approach reduces discrepancies between documented services and billed codes, leading to fewer denials and ensuring providers are reimbursed accurately for the care they provide. Lauren emphasizes that their accuracy rate "is always in the 90s," setting them apart from others where accuracy typically ranges between 50% and 80%.
Positive Client Feedback
When asked about feedback from billing companies after implementing MediMobile, Lauren shares that clients often find themselves with extra time, prompting them to address previously challenging areas. She highlights the collaborative nature of their partnerships, where they combine expertise to create streamlined solutions for organizations and providers, making the process almost a "one-stop shop.”
Embarking on the MediMobile Journey
For those interested in exploring a partnership with MediMobile, reach out to us any time over email at sales@medimobile.com, explore our website MediMobile.com, or book a demo directly on our calendar below.