Healthcare Software - Automation

Billing Automation

All billing and cash records in Mericle are supported by a formal double entry bookkeeping facility where financial records are managed separately and independently from billable events records.
When an event is to be billed out, the user simply has to flag the record or document for billing during data entry on Events Server. Mericle will then automatically:

• identify any current open-item invoices for the revenue centre and append a new billed item
• identify the default source of funding
• identify the correct price for the event type and billing party
• prepare document support for the invoice

For billable events, billing categories are automatically derived from specific events codes, and a choice of public sector and/or independent sector coding systems is available.

Optimised for Cashflow

Mericle provides a powerful and diverse range of tools to support the full credit control cycle in order to maximise cashflow. For example, partially paid invoices can be ‘queued’ for re-billing to an alternative funder identified by category (e.g. client, insurer, solicitor, employer etc.) or to a third party. A billing advisory facility can be configured for each revenue centre to automatically trigger letters informing clients and other funders of the current billing status. Accounts may be opened and maintained on behalf of clients for holding funds on account, and these funds can be allocated retrospectively to invoices once clients have received billable services.

Financial Integrity

Mericle maintains a system of financial self checking using control balances at invoice, sales ledger account, and revenue centre level. Online account enquiries are supported by an on-screen ‘statement’ which displays the real time or posted balances and full account history for any client. Other utilities include a financial diagnostics suite and full ‘on demand’ ledger rebuild for sales and nominal transaction ledgers.