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Day’s sales outstanding can best be minimized by ensuring that clean claims are submitted electronically. A provider’s billing process that is, the software

By HomeCare Staff

“Day’s sales outstanding can best be minimized by ensuring that clean claims are submitted electronically. A provider’s billing process — that is, the software product — must therefore be simple, complete and easy to use. The proper facilities for denial management also comes into play to reduce DSO.”
— Ed Bauer, sales manager, Noble House

“Using point-of-delivery automation is the next logical step to improve operational efficiencies. Providers using mobile technology can better manage assets, reduce inventory costs, improve regulatory compliance and increase employee productivity.”
— Joseph Smith, BA, RRT-NPS, vice president, sales healthcare, TrackAbout
“Software vendors have provided many technological advancements to help providers improve their bottom line. Why is it providers continue to wrestle with profitability? We have observed that processes and procedures are key to any net profit. Notwithstanding NCB, without effective process improvements, providers will continue to struggle to make a profit.”
— David Golen, senior vice president, sales and marketing, Universal Software Solutions
“In Good to Great, Jim Collins and his research team wrote much about ‘technology and the fear of being left behind.’ While most companies were reactionary, desperately seeking an easy solution, Collins’ researchers discovered that good-to-great companies were not motivated by fear but by maintaining a balanced perspective on technologies. Some obsess with technological hype, while others quietly net results with the right people and proven, user-friendly technology.”
— Terry Dinsmore, president and CEO, Computer Applications Unlimited

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