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SPECIAL INFORMATION TECHNOLOGY NEEDS OF PHYSICIANS:

Document Imaging and Electronic Medical/Patient Records:  Physician offices now have the ability to tame paper documents and recycle them, get control of your patients charts, save space and money and help your office manager and staff to work smarter, faster and more efficiently.  We are introducing you to Impact MD – a document imaging and electronic workflow solution specifically designed for physician offices to archive all patient charts into electronic media and then use it as a workflow program to run your busy office more efficiently and effectively.  Instead of filing patient charts into paper folders and using large spaces for cabinets, your office can now put all these documents on either hard drives, CD ROMs or optical disks.  This makes retrieval of patients’ charts faster thus saving you the time it takes to search for patient’s charts and eliminates the frustration of lost or misfiled charts.   Your office clerks will work faster and more efficiently and your patients will waste very little time waiting for their charts to be pulled up.  You will have more satisfied patients.

“You can’t push paper and be efficient at the same time in today’s world of business.  That is what the patient filing system for most practices today is designed to be –it’s frustrating, inefficient, time and space wasting, obsolete and too costly”.

IMPACT.MD automates physician office processing to make the life of office managers and staff less burdensome but productive.  IMPACT.MD is a high- tech solution for a low- tech problem like patient chart filing on which a typical doctor’s office spends majority of its time and cash.

Benefits of automating your patient filing system with IMPACT.MD

• No lost Files/Patient Charts

• Portability of Patient Records

• Patient’s records are immediately accessible to more than one physician at the same time

• Desktop EOB Re-filing

• Remote Access

• Eliminates transcription costs

• Patient record security enhancements

• Replicates current chart system

• Easy to use

• Desktop faxing

• Low equipment cost

• Less staff requirements

• Better business and clinical organization combined

• Increased marketing of practice

• It’s affordable

• Return on Investment (ROI) justified

• Increased practice productivity and staff satisfaction

• Reduces insurance cost of outside storage  

• Pays for itself in less than six months after implementation and continual revenue growth thereafter to increase the bottom-line
  

Please call 502-895-9272 for a free 30-45 minute demonstration of this revolutionary way of automating your office and patient filing processes.

The Economic/Financial Justification to implement IMPACT.MD

The typical physician office today spends:

2.5 FTE for faxing

2.5 FTE for filing

30% Rate Rejection (Receivable problem) on EOBs

20 mins to process EOBs cut to 1-2 mins using IMPACT.MD

At the minimum by implementing IMPACT.MD you’ll save 25 hours a day in normal daily office processing of paper.  Translate this into money terms:  25 hrs X $9.50 (where payroll rate is 1 hour =$9.50)= $237.50 X 5 days per week = $1187.50 per week X 52 = $61,750.00 per year in savings.  This does not include payroll taxes, health and other employee benefits.  It does not include also space, paper and other office supplies associated with using paper.   

To implement IMPACT.MD based on our recommendation for hardware, on-site training and other related third party software like Citrix for remote connectivity and RightFax for intelligent desktop faxing it is estimated to cost:

Initial investment:  $45,000.00

Calculations based on 5 doctor- practice and 20 users per year

1. Transcription Costs

   Establish current	$20,000.00
   Hours spent filing transcription
   8 hrs/wk @ 9.50	$3,952.00	$3,952.00

2. Pulling Charts/Visits

   100 charts/day X 5 days =500 X 2(refilling)
   1000 x 6/60 mins =100 hrs X $10.00
   100hrs  X $9.50X52 =$1000		$49,400.00

3. Supplies cost per chart per year:

   $1.50/chart x 4000	$6000.00
   Racks for storage	$6,000.00

4. Nurse Call Backs

   25 call backs/day x 20 mins= 8 hrs/day
   $20 x 8 hrs = 160 x 5 =800/wk x 52 wks		$43,000.00

5. Space

   40 sq. ft x $20 per sq ft	$800.00
   5’ x 8 ‘ = I new Provider office saving

6. Faxing/Copying

   40 documents x 5 mins= 200 mins	= 3.3 hrs x $9.50
   $31.35 x 5 = 156.75 x 52 wks		$8,151.00

Note: The 5 mins used here is a very conservative figure

Most people spend close to 15-20 mins to fax or copy

40 documents.

7. EOBs

   20 mins/EOB reduced to 2 mins with IMPACT.MD
   18 mins savings x 150 refiles = 45 hrs x 52 wks x 9.50		$22,230.00

Total cost saved by 5 physician office  per year:      $155,533.00

                        Total cost saved per 1 physician office per year: 

                                          $ 31,107.00                                                         

Lets show you how a typical five-physician office can save $155,533.00 per year by using Impact. MD to automate patient filing.  Similarly a one physician office will save $31,107.00 per year by using Impact.MD.

By implementing IMPACT.MD, a physician office will save the amounts shown above each year.  Other costs such as paper clips, staples, papers thrown away using the traditional fax equipment have not been included in the above calculations.  A server based fax system using intelligent boards saves money.  Please call 502-895-9272 for more details.

Medisoft Advanced Patient Software and the Free Parkstone System

Convert to Medi-soft Advanced Patient Accounting Software and receive the Parkstone System, which includes a palm-sized computer, Parkstone software, and infrared-equipped printer completely free. NB. The Parkstone System is a network of palm-sized PCs that are used by physicians for managing and writing prescriptions according to formulary guidelines.  Doctor’s offices using Medi-soft software receive this incredible system to make patient drug prescriptions a breeze.  Call 502-452-2648 for more details.

Easy Conversion to Medisoft

It is easy and cost effective to convert to Medisoft, the software that is used by more doctors’ offices than the competition.  Buy and use Medisoft to manage your entire office and process electronic claims in house.  It is the most widely used practice management tool on the market today.  We will offer you the local support you need to run an efficient office.  Medisoft does the work better and it costs much less than its so-called high-end competitor programs.  The new Medisoft programs can handle small or large physician offices.

 Saving you money and improving your bottom-line is our ultimate   goal:

Information Management Technologies, Inc has teamed up with the best software makers and established vendors to bring some of these efficient technologies to your office to help improve the way you currently do things and to save you hundreds if not thousands of dollars by doing things right.