AnnexMed - Medical billing and Revenue cycle management companyAnnexMed - Medical billing and Revenue cycle management companyAnnexMed - Medical billing and Revenue cycle management company
1-866-780-0669
9am - 8pm (EST)
New Jersey, USA

Charge Capture

Enhance charge capture integrity and accuracy, lower processing costs, and accelerate cash flow

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Robotic process automation: the future of healthcare RCM

Contact us

  • 197 State Route 18 South
    Suite 3000, South Wing
    East Brunswick
    New Jersey 08816
  • info@annexmed.com
  • 1-866-780-0669
We give the best Services

Increase your Claim First-Pass Rate

Failure to document care information effectively can lead to revenue leakage, which can cost you millions of dollars. Charge capture is the process of assigning a monetary value to a patient account based on the medical codes selected and the associated fee schedule. Charge Capture must be error-free, as errors may lead to claim denials.  Our Workflow solutions help reduce instances of lost revenue while implementing effective charge capture.

Our charge entry specialists handle a large volume of charge entry transactions with exceptional accuracy. We provide excellent coordination between the coding and charge entry teams, promoting long-term improvement in the overall process while also increasing efficiency, thanks to our expertise in multiple specialties and RCM Platforms. AnnexMed’s services facilitate smooth communication among our teams, resulting in a seamless end-to-end process.

Charge Capture capabilities include:

Multispecialty Billing
& Collections

Well versed
RCM Platforms

Physician
Education

Certified Billing
Professionals

Swift Turnaround
Time

Accuracy
of Output

Scalability

Charge
Analytics

Service Highlights
  • Superbills, charge tickets via EHR, FTP, or DMS
  • Patient demo, claim service details entry, etc
  • Daily reports provided to customers as needed
  • Charges review for accuracy before claim billing
  • SQC is performed to evaluate the process quality
  • Charge audit – missing charges, overbilling, etc
Benefits
Benefits
  • Improve productivity and accuracy
  • Competency across multiple specialties
  • Timely filing of claims, tracking denials, etc
  • Charge entry review to optimize revenue
  • Fix compliance issues for charge overages
  • Real-time collaboration and reporting

43%

Patient Collections

Increase in patient collections

96%

Collection Rate

Collected more than 96% of reimbursement claim dollar 

20%

AR Days Reduced

Average 20% reduction in AR days