Saturday, June 20, 2009

Physicians Practice Articles : Smart Patient ID Cards Could Save You Money

Physicians Practice Articles : Smart Patient ID Cards Could Save You Money: " Would you like to get paid faster and devote less staff time to billing and collections? Both goals could be achieved if you had a better method of checking the insurance eligibility of patients and of estimating their financial responsibility. The key to doing that — and to eliminating repetitive, error-prone front-desk work — might be a “smart” patient ID card.

The Medical Group Management Association is promoting the use of these smart cards through its new Project SwipeIT. The association aims to persuade payers, software vendors, and practices to “initiate processes to adopt standardized, machine-readable patient ID cards by Jan. 1, 2010.”"

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