ImagineSoftware | Top Medical Billing and Coding Solution Company 2019
Healthcare Tech Outlook
Home >>Billing and Coding>> ImagineSoftware

ImagineSoftware
Reimagining Healthcare through Innovation, Intuition, and Intelligence

ImagineSoftware (Technology Partners LLC): Reimagining Healthcare through Innovation, Intuition, and Intelligence

Sam Khashman, CEO, Imagine SoftwareSam Khashman, CEO, ImagineSoftware
The healthcare sector today is transforming at a significant pace—whether due to new government regulations and mandates, new players entering the industry, or innovative technological advancements. The entry of players such as financial institutions and private equity firms into the space has created a sturdy focus on financial positioning—that is practices can buy, be bought, or remain independent. The need of the hour for healthcare institutions is to develop strong business financials, technology, and intelligence such that they can ensure availability of investment funds, with value creation for consumers as the primary goal. Helping them in their quest is the Charlotte, NC-based company, ImagineSoftware. “Outdated technology, time-consuming workarounds, and inefficient processes are several challenges keeping many organizations behind in the space. Our software helps clients take data and translate it into intelligence. This benefits their business management and supports value creation for patients and stakeholders,” says Sam Khashman, the CEO of ImagineSoftware, Technology Partners, LLC. By identifying clients’ needs, the company helps them in automating workflow and increasing business results by 7 to 30 percent in a matter of weeks.

Operating as one of the leaders in the automation of medical billing software and RCM solutions, ImagineSoftware is focused on creating cutting-edge medical billing software that is both flexible and scalable while streamlining workflow management, ultimately allowing for an increase in revenue. The company’s products not only offer advanced technology and automation but also delivers a seamless connection for full optimization in the healthcare practices’ management experience. “The main aim here is to provide the highest level of automation and support for our clients,” states Khashman.


It is both our technology and support that differentiates us from other market competition


The automation that ImagineSoftware provides enables clients to achieve time and cost savings, eliminating the back-up of productivity and decreasing frustration. Automating simple, repetitive tasks without human intervention is what creates an extremely efficient billing and revenue collections cycle. “Numerous clients are seeing 100 percent of charges captured automatically and more than 2,500 total saved hours per year, with reductions in the time it takes to complete tasks like claims processing, claims filing, and denial management,” mentions Khashman.

With a proven track record of delivering state-of-art solutions, ImagineSoftware has been dominating the healthcare space and has been growing organically, as well as through acquisitions of organizations with similar corporate values. Further, the company’s partner ecosystem also helps distinguish them as this provides the best customer service from strong partners with innovative technologies, as well as its concierge client services. “It is both our technology and support that differentiates us from other market competition,” says Khashman.

ImagineSoftware has always been at the forefront of innovation since its inception in 2000 and aims to continue their pursuit by creating technological enhancements that will assist clients in working smarter day in and day out. Khashman believes that advancements in intelligence alone will shape the healthcare revenue cycle arena into something it has never been before and ImagineSoftware looks to lead the way with superior software and service, creating lasting long-term relationships—the average client tenure is 15 years. This truly is at the heart of the company’s core values: Innovation, Motivation, Accountability, Genuine, Integrity, No-Excuses attitude, and Excellence. “These are the core values our company follows daily to drive success for our clients, partners, and employees. We never forget who we work for. Without our clients, we’re just a software company. They are the reason we’re successful,” concludes Khashman.

Deep Dive

Reducing Manual Work across Medical Billing

Medical billing teams are being asked to collect more reliably while absorbing tighter reimbursement and persistent staffing pressure. Adding software has not always reduced that burden. Many practices now manage multiple tools, each addressing a narrow part of the revenue cycle while creating another interface, handoff or data dependency. The purchasing question has consequently shifted from whether billing can be automated to how much work a platform can remove without weakening control over claims or patient financial interactions. Automation depth deserves scrutiny. A workflow that sends reminders or assigns tasks may reduce individual steps while leaving staff responsible for watching queues and resolving routine exceptions. More useful platforms can determine what should happen next and execute repetitive work within defined rules. Claim processing is particularly revealing because the remaining percentage that requires human attention determines how much staffing must expand as billing volume rises. Automation also has to work across the billing process rather than sit beside it. Fragmented technology can force teams to reconcile information between the billing system and separate tools for payments or patient communication. Buyers should examine whether the software serves as both the underlying record and the place where billing actions occur. Bringing more of the process into one environment can reduce handoffs while giving staff a clearer view of work that still requires judgment. “Imagine Software’s revenue cycle management platform combines the system of record with the system of action, using rules engines and automation to move routine billing work forward without constant staff intervention.” Patient-facing activity introduces a different threshold. Removing staff from repetitive billing tasks is useful, but automating every interaction indiscriminately can create frustration when a patient needs an explanation. Systems should distinguish routine communication that can move automatically from situations better handled by a person. This distinction matters as practices try to lower administrative costs without making the financial portion of care harder to navigate. Implementation can expose weaknesses that product demonstrations hide. Medical groups rarely bill in precisely the same way. Payer mix, local requirements and existing workflows affect how claims move through an organization. A platform, therefore, needs enough configuration depth to accommodate established billing practices without simply reproducing inefficient manual steps. Discovery before configuration, hands-on training and clear agreement around the desired go-live process become important indicators of whether automation will translate from software capability into daily use. ImagineSoftware aligns closely with those requirements through Imagine One, its revenue cycle management platform. Its direction centers on increasing touchless claim processing while retaining staff attention for work that requires intervention. Imagine One combines the system of record with the system of action, using rules engines and automation to move routine billing work forward without constant staff intervention. Integrated clearinghouse functions and patient engagement tools extend that approach into adjacent billing activity, while agentic voice AI supports automated outreach. Implementation begins by examining existing billing workflows before configuration and training. For organizations trying to automate medical billing without assembling another collection of disconnected tools, Imagine Software merits serious consideration. ...Read more
Top 10 Medical Billing and Coding Solution Companies - 2019

Company
ImagineSoftware

Management
Sam Khashman, CEO, ImagineSoftware

Description
Provides medical billing automation software and revenue management applications