SwiftPayMD, Iconic Data’s new iPhone and iPad app, lets doctors use voice recording to dictate diagnoses and billing codes immediately after examining a patient. Rather than waiting to hand over to a billing department a stack of paper billing cards for processing, physicians can now submit a patient’s billing information immediately.
Dictating at the point of care prevents delays, locks in charges, and eliminates lost, damaged and incorrect billing cards. It also speeds up the process—doctors get paid as much as 14 days sooner than when using a paper process.SwiftPayMD is $99 per month. Founded in 2010, Iconic Data recently came out of Healthbox, a business accelerator for healthcare startups launched by Chicago-based VC firm Sandbox Industries.
Read the original article here in Inc. Magazine.