Written by Bryan Hooppaw
February 10, 2022
What is A Bill-Only Portal?
A Bill-Only Portal is a cloud-based, digital healthcare procurement software tool that is hosted on a Hi-Trust, HIPAA compliant server. A Bill-Only Portal provides a hospital’s procedural area and procurement teams with a digitized, standardized, and automated Bill-Only Process from point of service to purchase order creation.
Why Is A Bill-Only Cloud-Platform Important?
Implants and medical devices are one of the top supply expense categories for every hospital. Researchers have estimated that supply expenses make up about 15% of a hospital’s total expenses, on average, but can run as high as 30% or 40% in surgery-intensive hospitals (Journal of Medical Care Research and Review).
The procurement process for these items, often referred to as the “Bill-Only process”, is antiquated, inefficient and manually driven (whether paper-based or via email) at virtually every hospital.
A successful health organization must rely on software that can create efficiencies while eliminating errors. A cloud-based Bill-Only Portal permits hospitals the power to electronically route Bill-Onlys through the hospital’s approval process via configurable workflows based on each hospital’s unique needs!
Fundamental Functions of a Bill-Only Portal
A Bill-Only Portal can truly make a difference for any healthcare professional who manages paper Bill-Only charge sheets and regularly interacts with sales reps – ideally it eliminates the need for either – or both – of these activities. A Bill-Only Portal enables a streamlined and integrated experience. Value will be seen immediately if built to perform the following:
Example: Vendor submits Bill-Only items used in a procedure directly into the cloud-platform using a standardized, digital format.
Example: Items submitted on a digital bill are automatically matched against the approved items on contract with the vendor. Off-contract items are flagged in the system.
Example: Workflows are created to meet the requirements and changing needs of each department; cohesive and streamlined experience.
Example: Hospital staff complete their approvals then assign a PO number to bill using ERP integration, which is routed back to the cloud-platform.
Example: The bill and assigned PO number are automatically imported back into the cloud-platform and immediately available to both the Hospital staff and Vendors.
YOU own the process from point of service to PO assignment. If you want to innovate your paper-based systems with a Bill-Only Portal, Seabright Healthcare Solutions can help you.
Watch our recently curated short video, highlighting our new Bill-Only solution.
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We want to transform the way you think about bill only charge sheets. Tell us the challenges in your processes and what we can do to help.
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