Allscripts Practice Management is a comprehensive revenue cycle management solution for physician practices and large hospital organizations. The vendor’s value proposition is that it boosts operational efficiency and productivity by helping users manage scheduling, collections, claims, and denials.
The vendor says their solution addresses the following challenges:
Shifting from fee-for-service to value-based care—You must accommodate evolving models of reimbursement, such as Meaningful Use, Accountable Care Organizations, and most recently, MACRA Quality Payment Program delivery system reform.
Meeting complex regulations and maximizing reimbursement— Clean claims and automated self-pay collections are tools within Practice Management to streamline and manage A/R (accounts receivable).
Consolidation—Practice Management’s open architecture allows for sharing of patient information across multiple platforms meeting the needs of many complex environments.