Misys MyWay™ Claims Management

One key aspect of managing the practice is managing the money. Unfortunately, many small practices operate with financial and profitability margins that are scalpel thin … a handful of patients can sway performance in one direction or another. There’s not a lot of room for error; you can’t afford to compromise.

With Misys MyWay, you don’t have to. As an integrated enhancement to the Practice Management and EMR functions associated with claims, Misys MyWay also incorporates a sophisticated, full-featured Claims Management capability.

Based on the market-leading Misys Payerpath solution, this component leverages an impressive experience base in transaction processing. As one of the nation’s largest clearinghouses, Misys Payerpath:

• connects thousands of healthcare providers of every size to insurance payers;
• processes more than 16 million claim submissions to payers every month;
• and, achieves an impressive first-time claims pass rate of 98 percent, the highest in the industry.

These capabilities enable Misys MyWay to watch over every step of the revenue cycle for your practice – from verifying insurance and patient eligibility to receipt of final payments. That kind of claims assistance lets you:

• Generate clean, accurate claims the first time, and accelerate time-to-money and cash flow performance.
• Manage your collections process through secondary billings and statement processing.
• Automate payment postings, account allocations, re-filings, and routine “paperwork” handling electronically.
• Pull detailed tracking reports to gain an up-to-date view of these key drivers to the success of your practice.

Misys MyWay is an easy-to-use and secure way to make your financial performance second to none.