HealthTec PM allows use of up to 9,999 insurance plans with any mix of fee-for-service and capitated plans. Plans can be grouped by Payer Class (HMO, PPO, Workers Comp, Champus, Private Insurance, etc.) and each fee schedule can incorporate any relative value scale with conversion factors per code or per code category. Dynamic learning of fee schedules allows the system to create fee schedules as payment posting occurs.
Code categories are user-definable - i.e., Evaluation and Management, Medicine, Surgery, Radiology, Anesthesia, etc. These features provide the practice with ultimate flexibility and efficiency in maintaining fee schedules and analysis.
HealthTec PM implements the six vital segments of reporting. The reports included are designed to meet the challenge of managing the bottom line of a practice and help evaluate the financial health to provide a starting point from which to measure the current business status and potential business opportunity.
These reports include:
Service Analysis
Capitation Analysis
Fee Schedule and Plan Analysis
Expense Analysis
Payer Mix Analysis
Reimbursement Analysis
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