STATIM

What Is STATIM?

Overview

STATIM is a cloud-based revenue cycle management software that offers complete medical billing and accounts receivable solutions. The software helps healthcare providers increase revenue by ensuring proper coding, timely claim submission and follow-up. Some of the key solutions offered include benefit verification, claims processing, patient invoicing, utilization reviews and recovery services.

What Is STATIM Best For?

The software collaborates with over 40 facilities and has processed approximately 4.5 million claims. Its team of licensed Utilization Review Specialists helps free up time for clinical staff to focus on patient care. The software stands out for its client portal, which provides real-time visibility into accounts with billing status, payments received, utilization reports, and more.

STATIM Pricing

The STATIM cost is customized to meet individual needs and requirements. Get in touch with us to discuss STATIM pricing plans.

STATIM Integrations

Information regarding its integration with third-party software is not available or confirmed.

How Does STATIM Work?

Here's how to get started with the software after its successful implementation:

• Log into the client portal using the credentials provided during onboarding
• Explore the main dashboard to understand available modules and reports
• Enter patient demographics and clinical data into the EHR interface
• Submit an insurance eligibility request during patient check-in
• Generate a claim for services rendered by selecting appropriate codes
• Review benefits and estimated patient responsibility
• Electronically submit the claim through the embedded clearinghouse

The STATIM demo takes you through these steps in more detail.

Who Is STATIM For?

STATIM caters to small and medium healthcare providers like physician practices, urgent care centers and specialty clinics. Their solutions are best suited for organizations with 500 or fewer billing transactions per month.

STATIM Features

• Client Portal

The platform’s client portal allows both healthcare providers and patients to track claims information in real time. Through the portal, users can view the status of submitted claims, check balances, and access' utilization and payment reports' anytime from any device. This high level of transparency helps facilitate communication and streamlines the revenue cycle process.

• Automated Workflow Tools

STATIM simplifies billing tasks through automated workflow tools. The software automatically routes claims, eligibility checks, authorizations and follow-ups to ensure timely processing. It also escalates rejected or denied claims for quick resolution. These automated features save time and reduce the risk of errors compared to manual processes.

• Real-Time Reporting

The software generates real-time reporting on key performance indicators like claim submission rates, processing turnaround times, denials and payments. Detailed reports provide actionable insights to help users optimize processes, monitor utilization, and enhance financial planning.

• Electronic Claim Submission

STATIM submits all claims electronically through various clearinghouses to reduce claim processing times. Electronic submission is more accurate than paper-based filing and allows faster reimbursement. Additionally, the software also supports direct payer connections to gain efficiencies in revenue cycle workflows.

• Benefit Verification

The software verifies patients' insurance benefits in real time at the point of service. This minimizes claim rejections due to eligibility and coverage errors. Real-time verification also empowers providers to collect accurate patient cost-shares upfront.

• Customizable Implementation

STATIM works with each client to configure the software to their specific needs and workflows. The implementation team provides customized onboarding, training and support to ensure a seamless transition to the platform. This tailored implementation approach maximizes utility and ease of use.

Is STATIM Right For You?

STATIM could be the right solution for your practice or clinic.

With over a decade of experience, STATIM understands the intricate needs of healthcare providers. It partners with hundreds of successful practices across diverse specialties, from primary care to dentistry. renowned health systems also rely on STATIM for their billing operations.

Security is fundamental to STATIM. The software meets the industry's highest compliance standards like HIPAA, ensuring strict protection of sensitive patient data. STATIM also undergoes regular third-party security audits to identify and address any vulnerabilities.

Not sure if it's the right software choice for you? Contact us at (315) 215-3447 and let our experienced team assist you in making an informed decision.