Sounding Board Create username. Each month, we ask one question directed to experts in the health care IT profession.
Experts provide written responses to the question.
Selected responses appear in the print version of the magazine. It may be possible to have the new technology largely pay for itself. Many hospitals and physician group practices will find that by expanding their installed computer capacity or by using an ASP, they can capture and analyze their organizations' financial information with advanced logic systems. By identifying real time patterns in how claims are paid, denied, or not responded to, organizations can fine-tune their operations, realize more collected income and reduce staff workload. For example, a number of medical groups using new online claims systems available through an ASP have greatly increased the revenue collected directly from patients.