How would a doctor’s medical practice or hospital benefit from document imaging and archival ?

The medical industry can benefit greatly from document imaging. Studies indicate that the generation, movement and tracking of paper consumes up to $.25 of every healthcare dollar. The healthcare industry stores a multitude of paper documents and must maintain inactive records for many years. Some of these documents include patient registration, patient billing, remittance processing, and contract management. Digital imaging can increase the speed in which these records are accessed and the security of these documents. Furthermore, digital imaging can allow multiple departments to have access to the documents without the need for duplication or inner office transmittal. It can decrease the storage space required to store inactive and active medical records allowing the space to be used more effectively. Using the COLD services provided by ImageFreeway, the billing can be done more quickly and efficiently. This can provide a faster turn around for payments from insurance companies ...  more