EDCO’s HIM solutions help drive profitability by:
Reducing accounts receivable days.
Scanning in the HIM department is a critical step in the revenue cycle and often very costly for the hospital. If chart turnaround time at your facility is more than 24 hours, billing is delayed and accounts receivable days increase. Learn more about EDCO’s scanning solution with guaranteed 24-hour turnaround time.
Protecting recognized revenue.
Looming audits threaten recognized revenue. A powerful and cost-effective solution for mitigating this risk is to eliminate the hospital’s file room. In the process, misfiled records are found, and the hospital is presented with additional space to be used for revenue-generating operations. Contact us to set up a free file room analysis with your HIM director.
Managing the HIM department through real-time reports.
You can’t manage what you can’t measure. EDCO’s dashboards provide instant access to revenue-cycle reports, which allow for proactive management without relying on paper processes.
Restoring managerial time to focus on critical hospital projects.
HIM departments are consumed with meaningful use, ICD-10, and challenges related to the hybrid medical record environment. EDCO’s solutions enable HIM directors to be freed from the day-to-day management of the scanning process, which often result in a budget-neutral or cost-saving scenario to focus on the hospital’s top priorities.
For most hospitals, EDCO’s solutions are an operating expense, not a capital expense.
“What I love about working with EDCO is that I don’t have to worry about the daily operations of document capture, which allow me more time working on hospital projects and more critical, high-risk areas of my department.”
Carol Fowler, HIM Director, Gwinnett Medical Center