MEDITECH & LSS
Physician Billing and Receivables (PBR)
product brief

The Physician Billing & Receivables (PBR) component is a comprehensive physician billing and financial management application, specifically designed to address the unique needs of the physician practice environment. PBR enables full line-item posting, customized patient statements, and automatic generation of primary, secondary, tertiary, and crossover claims. In addition, extensive standard and site-specific reporting options are available, along with electronic claims/remittance and automated collections functionality, thus streamlining your financial processes and enhancing the timeliness of payments.

Components & Benefits

Physician Billing & Receivables (PBR) includes:
• Full Open-Item Billing
• Charge Entry/Payment Posting Options
• Customized Patient Statements
• Electronic Claims & Remittance
• Extensive Reporting Capabilities
• Reimbursement Analysis
• Collection Worklists
• Audit Trails.

Standard Features

Patient Billing
The distinctions made below help illustrate how the PBR application can dramatically streamline your billing processes according to the demands of the physician practice environment. In PBR:
• Patients may be assigned one account for life to store their entire financial history
• Diagnosis codes are assigned to individual transactions
• Receipts and adjustments are applied to individual transactions, enabling line-item reporting.

Cash Drawer
Available when using the MPM Suite, the cash drawer provides a simple, yet flexible, solution for tracking patient payments collected at the time of service. This includes patient copayments for a day’s encounter or payments made for previous charges on a patient’s account. Following the entry of payments, a statement at the time of service can be quickly generated. Standard options are available to assist with balancing and closing each cash drawer at the end of the day.

Powerful Reporting
With a wide variety of standard reports, user-friendly Selection Reports, and a powerful custom report writing tool, performance may be effectively monitored on many levels. Highly focused volume and revenue reports can be generated, with details of financial activity organized by payor, insurance, provider, practice, location, department, and division, along with Managed Care and reimbursement.

Standard reporting categories include:
• Patient-, diagnosis-, and transaction-based reporting
• Accounts receivable and collection reports
• Volume and revenue statistics
• Managed care and reimbursement analysis.

Automated Collections
PBR automates many of the collection functions physician practices typically execute manually, not only saving valuable staff time, but also increasing the success and timeliness of your collection efforts. The on-line Collection Worklist allows users to automatically generate, at user-specified intervals, separate "worklists" for their various collections staff, sorted and selected according to their own criteria.

Collections staff efficiently process their individual worklists using a single Worklist Processing screen from which delinquent balances may be reviewed at the charge level and resolved with the patient or insurance provider. Staff may process one or several accounts at a time, adding comments, letters, and reminders, or re-creating claims for insurances. Collection features include:
• Automatic generation of separate worklists for individual collections staff
• Flexible worklist sorting and selection criteria
• Single Worklist Processing screen.

Seamless Integration
PBR is seamlessly integrated with the financial and executive reporting components of the MEDITECH HCIS. This integration allows patient financial data to be safely and securely shared across your enterprise according to your needs. Available integration options include:
• Data Repository
• Executive Support System
• General Ledger
• Accounts Payable.

Data Security
Within PBR, each user has a distinct mnemonic code and password, and users are restricted to only the information for which they are authorized. Additional security features include:
• Custom menus that allow users access to only those specific routines and functions appropriate to their roles
• Access to specific financial information that may be limited based on user profiles
• Audit trails that identify users who post financial transactions or make edits to them.

For more information, contact a MEDITECH or LSS Marketing Representative: