The Future of Medical Technology Innovations
© Copyrighted 2010. All Rights Reserved.
Managing the practice is managing the money
One key aspect of managing the practice is managing the money. Unfortunately, many small practices
operate with financial and profitability margins that are scalpel thin…a handful of patients can sway
performance in one direction or another. There’s not a lot of room for error; you can’t afford to
compromise.
With Allscripts MyWay, you don’t have to. As an integrated enhancement to the Practice Management
and EMR functions associated with claims, Allscripts MyWay also incorporates a sophisticated, full-
featured Claims Management capability.
Based on the market-leading Allscripts Payerpath solution, this component leverages an impressive
experience base in transaction processing. As one of the nation’s largest clearinghouses, Allscripts
Payerpath:
•
connects thousands of healthcare providers of every size to insurance payers;
•
processes more than 16 million claim submissions to payers every month;
•
and, achieves an impressive first-time claims pass rate of 98 percent, the highest in the
industry.
These capabilities enable Allscripts MyWay to watch over every step of the revenue cycle for your
practice—from verifying insurance and patient eligibility to receipt of final payments. That kind of
claims assistance lets you:
•
Generate clean, accurate claims the first time, and accelerate time-to-money and cash flow
performance.
•
Manage your collections process through secondary billings and statement processing.
•
Automate payment postings, account allocations, re-filings, and routine “paperwork” handling
electronically.
•
Pull detailed tracking reports to gain an up-to-date view of these key drivers to the success of
your practice.
Allscripts MyWay is an easy-to-use and secure way to make your financial performance second to
none.
Overview
The MyWay Difference
Electronic Medical Records
Practice Management
Claims Management
Hosted or On-Premise
For Physicians
For Nurses
For Practice Managers
Allscripts Patient Portal
Allscripts Remote
IT Solutions
Allscripts EHR
Physicians eServices
EHR Stimulus Breaking News