Ingenious Med introduces a new bundle of AI-driven charge capture tools.
Called TRIO, the technologies include Automated Charge Capture, Charge-Note Reconciliation, and Document Viewing. TRIO powers more accurate and faster coding while reducing manual revenue cycle processes.
“When you bundle Charge-Note Reconciliation, Document Viewing, and Automated Charge Capture, you gain a more accurate and faster charge going into the system and ultimately out to the payer,” says Dana Hartman, Executive Vice President, Ingenious Med. “TRIO’s AI enables hospitals and physician practices to ensure that all charges are being captured and being captured accurately.”
A Holistic Solution for the Entire Revenue Cycle Team
TRIO is designed to optimize the revenue cycle from start to finish, with each component providing specific benefits to key roles across the organization. This integrated approach ensures that from the first provider note to the final claim, the process is seamless, accurate, and efficient for everyone involved.
Here’s a look at how each component serves your entire team:
Automated Charge Capture (ACC)
This feature leverages AI to instantly analyze signed clinical notes and recommend the most accurate codes benefitting the whole team:
- For Physicians: Frees up valuable time by eliminating manual coding guesswork. Our AI serves as a smart assistant, allowing providers to focus on patient care with the confidence that their work is being captured accurately and efficiently.
- For Coders: The AI provides a strong starting point for coding, reducing the time spent researching codes and minimizing the potential for human error. It also ensures codes are grounded in clinical documentation, improving compliance and audit-readiness.
- For Billers & Office Admin: The accuracy of ACC means cleaner claims from the start. This reduces claim denials, accelerates the billing process, and improves the overall health of the revenue cycle.
Charge-Note Reconciliation (CNR)
The CNR is a fail-safe dashboard that ensures every billable service is captured. This provides a critical safety net for financial integrity:
- For Physicians: Offers peace of mind knowing that their hard work is fully documented and accounted for. The system acts as a safeguard, ensuring that none of their patient encounters are overlooked in the billing process.
- For Billers and Coders: Empowers your team to quickly identify and resolve missing charges with a centralized view of all provider activity. This closes revenue gaps, improves revenue integrity, and guarantees that 100% of charges are captured.
- For Office Admin & Leadership: Gives you a clear, real-time view into the organizations Finacial health. You can proactively manage risk, pinpoint where revenue is being lost, and ensure your team is operating at peak financial performance.
Document Viewing (DV)
The DV feature simplifies and accelerates the reconciliation process by displaying clinical notes directly within the Ingenious Med platform, creating a single source of truth for revenue cycle tasks:
- For Physicians: While not a tool for their direct use, the DV feature ensures the administrative team has immediate access to the “source of truth” – their clinical notes. This prevents back and forth communication and interruptions, leading to smoother, faster processes overall.
- For Coders & Billers: Eliminates the need to log into a separate EMR system to view notes, a common pain point that disrupts workflow. This saves precious time, reduces administrative burden, and allows your team to complete their tasks with the necessary information at their fingertips
- For Office Admin & Leadership: This feature streamlines operations by removing the need to repeatedly grant revenue cycle staff credentials to various EMRs across multiple sites, creating significant efficiencies and strengthening data security.
“There are more manual processes and revenue cycle management tasks to perform when a medical practice or hospital operates with just one of these functionalities,” Hartman says. “But when you combine CNR and DV with ACC, the AI powers a more efficient and effective charge capture process. Ingenious Med is the only solution that can benefit hospitals and practices with the combination of all three.”
One multi-specialty 450-physician group uses Ingenious Med’s platform to discover an average of 5 missed charges per provider each month — and ultimately increase revenue by $2.16 million per year.
TRIO’s pricing can be bundled with the base Ingenious Med Charge Capture product.
Interested in learning more about how TRIO can boost your practice’s bottom line? Schedule a demo today.