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50 Most Admired Companies of the Year 2023

Helping Hospital Psychiatrists Thrive: Claimocity’s Inpatient Focus in an Outpatient Specialty

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“Our company’s biggest source of revenue is client growth meaning we succeed when you do.”

Office-based clinical psychiatry as a profession is well-represented by an abundance of front desk and office backend solutions in the market.

Yet where are the inpatient psychiatry practice management software solutions with productivity and billing tools designed specifically for their rounding, charting, clinical note generation, and inpatient-specific revenue cycle management needs.

Inpatient psychiatric care accounts for 6.7% of all hospital admissions in the United States. In 2018 there were 36.4 million inpatient hospital stays with an average length of stay (LOS) of 5.5 days.

Across the board of medical specialties, the availability of modern practice and provider resources is heavily weighted towards office and clinic-based care.

“Inpatient healthcare providers who work primarily on the go are forced to use outpatient billing and PM solutions that aren’t designed specifically for their daily needs,” says Jim Sholeff, CEO and founder of Claimocity, “Paying 100% for software that they can only use 10% of and stitching together platforms and services to try and find something that works.”

Inpatient practices also often must pay for a secondary practice-side EHR to chart in before transferring or duplicating into the facility of record, adding unnecessary work and cost.

All that is changing with Claimocity.

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Most psychiatrists don’t know it yet but there is now the first and only all-in-one software and billing platform designed specifically for the needs and daily lives of inpatient healthcare providers and their practices.

Put simply, Claimocity is the only company exclusively servicing the hyper-specific needs of these segments of the healthcare industry on both the provider and practice levels from billing and clinical notes to managing practice needs and reporting.

“Inpatient billing is its own highly specific field,” Jim Sholeff continues, “And any company that doesn’t specialize in this area is not collecting everything they should be for their providers, which is why our new clients are so amazed when their revenue goes up immediately and then continues to rise over time.”

From an integrated mobile charge capture platform to inpatient-specific practice management software functionalities, Claimocity is a hands-on, customer-support-driven team with over 20 years of inpatient industry expertise and the nuanced technology to offer everything a rounding doctor in an acute care or step-down facility needs to save time and make more money.

This includes an elegantly designed mobile app to make submitting claims faster and easier, a software engineering and R&D department dedicated exclusively to reducing the sheer volume of workflow and administrative inefficiencies inpatient doctors face, and an award-winning revenue cycle billing department with the highest retention rate in the industry and a track record of significantly improving reimbursement rates on an overall bottom line and per encounter basis.

And that doesn’t even include the inpatient credentialing, top-ranked implementations team, unparalleled offering of two-way facility integrations and EHR syncs, world-class around-the-clock support team, and company-wide core dedication to innovation and client assistance at every level.

“Our company’s biggest source of revenue is client growth meaning that we succeed when you do,” Jim points out, showcasing a stack of internal case studies and in-process metrics on customer retention models and revenue trend lines, “Everything we do is designed to help doctors and their practices work faster, stay organized, efficiently manage needs, and thrive - so that we can grow with you.”

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A large part of an inpatient psychiatrist’s day consists of generating progress notes as heavy documentation goes hand in hand with mental health, yet Claimocity offers the only integrated progress note generator and billing/coding workflow combined. It’s built into the rounding charge capture software which allows doctors to chart, bill, and code all in the same streamlined  step right from the app while on the go. Or if they prefer, they can just use the cloud portal from home on their laptop. The notes can then be sent/saved directly to the hospital/facility EHR of record with a click.

Complete billing and patient documentation in a fraction of the time in a smooth elegant design.

The value of Claimocity for inpatient doctors is simple. Better time usage and daily efficiency, greater convenience, higher monetary returns from award-winning billing professionals who are experts in your specialty, with everything you need to succeed at your fingertips while on the move.

Plus, while the shift to outcome-based and performance-motivated healthcare has focused mostly on physical health, the growing mental health crises in the US are going to speed up the push for a shift to value-based care for mental health, and Claimocity is already excelling in this capacity for all the other acute care and step-down facility-based inpatient specialties such as internal medicine, critical care, emergency medicine, physical medicine and rehabilitation, inpatient pulmonology, inpatient cardiology, and so many more.

Data trendlines and new published studies on value-based care models seem to indicate that it is only a matter of time until we see a full shift to value-based care for mental wellness, and by selecting a solution designed for their current and future needs, inpatient psychiatry practices can not only save time and increase revenue now, but also will be well positioned in the future.

“Everything we do is designed to help doctors and their practices work faster, stay organized, efficiently manage needs, and grow - so that we can grow with you.”

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