Currently, the healthcare sector is facing a host of challenges, especially the revenue management cycle part of it. The payors have tifhtened their belts anf adopted multiple check points in paying-out the claims to the providers.
MindGenix Pvt. Ltd.,(MGX) was found in 2018 by Directors of two decades of experience in Medical Billing and three decades of experience in handling healthcare software development.
MindGenix handles the complex billing process with ease. Our medical billing process involves ten major steps. Through our clould friendly software, it transfers demographic profile and revises information for quality check, rechecks the patient related claims of factssheet ensuring clean claims and less denials (Eligibility), and has organized system to access the critical point as per client (Charge Entry). Further we translates the medical documents with sheer accuracy to fetch better revenue (Medical Coding). It undertakes EDI process to receive an EOB from the payers (Submission & EDI Interface), and posts these payments to the respective patient accounts against the particular claim to reconcile them (Payment Posting). We also solves denial process like a pro for healthy cash flow (Denial Management).
Collection has always been a herculean task for the healthcae industry. But MindGenix's patient billing & collection service ensures timely collection of statements and recording of money receipt. We also provide practice analysis and cash flow cycle report, credentialing and re-credentialing, ensuring a robust work flow. As EDI is expensive, MGX does complete EDI setup for best practice management software for both professional and institutional platforms.
Collection has always been a herculean task for the healthcae industry. But MindGenix's patient billing & collection service ensures timely collection of statements and recording of money receipt. We also provide practice analysis and cash flow cycle report, credentialing and re-credentialing, ensuring a robust work flow. As EDI is expensive, MGX does complete EDI setup for best practice management software for both professional and institutional platforms.
MindGenix's also has a stron software team with rich experience in Healthcare software developmant. Our product devision has a HMS and several medical software products used widely by the medical community, while our service division offers SaaS for small clinics and group practices based out of cloud implementations. We are a pro in designing custom software, and offer cloud and web based solutions at competitive cost with superior technology.
MindGenix follows a strict professional code effective under PHI and HIPAA and has three layers of security measures - administrative safeguards, phycial safeguards and technical safeguards. We are currently engaged in deploying new tools for transfer of data between legacy system and HL7 standards based system to eliminate all manual data entry and errors faced during the process. We also has several automation tools in pipeline.
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