ADVERTISEMENT
Ministry of Health approved billing system saves SK physicians thousands.
While the main goal of developing the PMB system was
to maximize ROI, other important factors were taken into
consideration. In addition to being accessible from any
device in any location, the PMB system also makes claims
submission simple. In fact, physicians insisted submissions
would be as easy as one click for both MSB and WCB
claims. That`s what PMB does. On the reconciliation side,
PMB automatically collects and analyzes both paid and
returned claims on behalf of physicians – eliminating the
worry of missing unpaid claims.
Perspect Medical Billing (PMB) is a Ministry of Health approved
billing system ideal for physicians who do not require the full
suite of features that traditional EMR products offer. It is this
opportunity that led to the development of the PMB System.
After approximately two years of operation, it is estimated
that 1% - 2% or approximately $3,000 to $5,000/year per
physician could be saved thanks to the billing efficiencies of
the PMB System. PMB is a user-friendly program designed by
fee-for-service physicians with a specific focus on eliminating
lost revenues due to billing errors.
Its main focus is billing of fee for service activities. The
software was developed for those who require a simple,
comprehensive, affordable, and reliable billing system, which
they can access from virtually any device, and any location
at anytime. PMB was developed by physicians, for physicians,
taking into account many of the unique needs of the
profession. Specialties that it is highly applicable to include
radiology, anesthesiology, GP Assists, critical care associates
and locums to name a few. Basically any physician-providing
fee for service that does not require an EMR would benefit
from the power of PMB features and convenience.
Designed specifically to focus on loss prevention, the PMB
system incorporates many features that flag the specific
situations where revenues are typically lost. Situations such
as: rejected claims (which may not be resubmitted); expired
claims (which often go unnoticed); and WCB claims (which
are often submitted incorrectly or not at all). The PMB system
is designed to flag all of these scenarios and more. Being
aware of claims that are sitting with MSB or have gotten lost
in the system helps physicians keep on top of their billings
and allows them to resolve such problems in a timely fashion.
PMB ensures physicians are being paid fully and promptly
for services provided.
PERSPECT MEDICAL BILLING BENEFITS
AT A GLANCE
• Highlights current revenues in real time
• Identifies revenues flagged as lost (due to late submission)
allowing for resubmission
• Identifies claims being held-up with MSB
• Detailed error proofing for new claims
• Drop-down menu for referrals
• Direct claims submissions to MSB and WCB (no down/
uploading or invoicing required)
• Real-time record of rejected claims, along with reason
for rejection (allowing for immediate resubmission)
• Automatic pick-up of all MSB reports, eliminating risk
of missed “ pick-up”
“Executive Dashboard gives physicians a real-time snapshot
of all claims and their current status.”
For more information, visit www.perspect.ca/billing,
phone 306.543.2231, or email [email protected].
SMA DIGEST | WINTER 2015
33