Monday, September 26, 2011

Digital Lockbox Customer Case Study

Family Medical Group Case Study

Family  Medical  Group  is  a  family  practice  with  five  providers  that  sees  an  average  of  1,800 patients per month.

Family Medical Group was introduced to SIS NW during our search for a lockbox solution.  We have been on an electronic medical record system since 2007, but we continued to operate our business office in the same manner it had been run for years.  We had paper everywhere!  Our employees  were  constantly  duplicating  work.   What  we  found  with  SIS  NW  is  that  they  went beyond being a lockbox provider.  They took the time to gain an in-depth understanding of our practice and our work flow before offering us a solution.

SIS NW went above and beyond to solve our complex work flow.  Thanks to SIS NW our change from  paper  to  a  paperless  business  office  has  been  transparent.   SIS  NW  took  the  time  to understand our needs and create a plan of action that not only solved our problems, but changed our processes so that we can do what we do best, practice medicine.

In addition to providing a great lockbox solution that has eliminated the risk and potential liability of  having  employees  make  bank  deposits,  SIS  NW  also  provided  a  solution  for  managing  our EOB forms.  Our billing staff used to post insurance and private payments to the patient accounts from the paper forms.  Now they all have dual monitors and post directly from the images.  This provides better HIPAA compliance because there is no chance of patient information being seen while in a pile on someone’s desk or information being taken from the office.

We  have  one  biller  that  works  off-site  that  has  secure  access  to  the  EOB’s  through  a  web browser.  This helps reduce costs for providing office space and allows the biller to telecommute.

The lockbox solution makes it next to impossible to embezzle funds.  All deposits are done off-site  by  a  trusted  third  party  and  all  postings  are  also  done  off-site.    Any  authorized  user  can review deposits, check copies, and EOB’s from their PC.  All user activity can be easily audited which is a huge benefit.  We can easily see who has accessed patient information and the date and time of all user activity is automatically recorded.  The search functionality SISNW provided makes it incredibly easy to locate an EOB.  We now have all of our records electronically backed up off-site for disaster recovery purposes.

The  increased  efficiency  can  be  directly  translated  into  time  and  money.    We  were  able  to eliminate  one  staff  person  and  drastically  reduced  our  expenses  for  off-site  storage  and  paper and filing supplies.  We no longer have to pay salary and mileage for employees to make trips to the  bank.    We  have  calculated  that  our  annual  savings  are  over  $50,000  per  year.    That amounts to an extra $10,000 per doctor in earnings each year.  The space we’ve saved will allow us to add two additional practitioners.

We  no  longer  have  the  archaic  business  office  where  employees  spend  time  opening  up envelopes,  standing  by  a  copy  machine  making  paper  copies  of  checks,  spending  money  on “paper products” to produce “paper batches” and most importantly traveling outside the office to go to the bank.  We now manage our accounts receivable without ever having to get up from our desks.   We  also  have  a  more  “green”  workplace.   It  was  the  most  painless  and  transparent workflow change I have ever experienced.

SIS NW is not only our lockbox provider, but our partner at Family Medical Group Northeast, PC

Keirene Adams – Practice Administrator

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