Doctations, Inc., today announced the availability of iBillWell, the revolutionary billing component of its internet-native healthcare solution. This state-of-the-art billing system featuring Rapid Sequence Billing^TM, which completed beta testing in May, allows physicians to freely assign billing work to internal medical billing staff and/or to local medical billing companies while maintaining complete control of all billing source data and fundamental business processes. In the past, physicians were required to relinquish their billing source data to the outsourced billing company which would then submit claims using in-house billing software not accessible to the medical practice. Through this innovative system, medical claims can be automatically submitted using “real-time” submission technology shortly after the patient’s visit. iBillWell leverages intelligent coding tools, speeds cash flow, automates posting of payments, visually tracks the revenue cycle and combats denials.

Doctations offers a comprehensive practice management system that gives doctors the ability to rapidly and sensibly author high quality Internet-enabled Digital Medical Records (iDMRs). Through this innovative system, medical claims can be automatically submitted using “real-time” submission technology and within hours of completing the consultation. This technology is integrated with an intelligent front desk management system and the new automated billing system to help physicians achieve practice efficiencies not previously possible. Doctations leverages the Internet to share workload, conserve physician time, improve patient care and provide feedback to staff, practice managers and directors that can be used to optimize front, mid and back office operations.

Doctations allows physicians to manage all aspects of their practice online, and by doing so, they form a network with their patients and colleagues – the DocPatient Network. This cloud-based solution reduces overhead, saves time and enables doctors to collaborate on shaping solutions to the national healthcare crisis.

“Doctations forms the basis of a better way of doing healthcare - Internet Healthcare,” said Jack Mortell, Executive Vice President of Doctations, Inc. “It is a World Wide Web platform for doctors and patients to join together to build a better healthcare system.”

Doctations is like a medical Facebook.com – providing Internet-based technology as a service to physicians, other healthcare providers and patients – and forms the basis for connecting practices, providers and patients in one Internet space while simultaneously maintaining the privacy of each practice and patient. By implementing the medical practice management and digital documentation solutions as web-native tools, it is possible to provide doctors and patients with state-of-the-art, comprehensive solutions that are substantially less expensive than equivalent systems.

Another important benefit of the Doctations healthcare solution is that it provides physicians with everything they need to qualify for the ARRA Stimulus money. Physicians are then able to use their ARRA bonus dollars to build their own networks, medical service organizations (MSO’s) and medical corporations. Large groups produce better outcomes for doctors and patients.

According to a government-sponsored survey published last year in the New England Journal of Medicine, only about 17 percent of physicians in the United States are using electronic medical records. This is due, in part, to the large financial investment required to purchase these systems. Doctations offers doctors affordable subscription pricing designed to provide the lowest possible cost for high quality, secure documentation and other services to all customers ($200/month or $2,200/year for full subscription, and pay-as-you-go pricing that starts at $35/month or $400/year and is capped at $220/month).

By providing a platform for doctors and patients to share space on the Internet in environments that support every function required by medical practices and by patients coping with medical problems, Doctations re-focuses the healthcare industry on the doctor-patient relationship. The more doctors and patients that join, the more intelligent the network, the more the data entry process is shared, the less expensive are the web resources required to optimize medical practices and the more physicians and patients gain a common voice in the healthcare reform process.

“The future of medicine is on the web using cloud computing,” said Dr. Louis Cornacchia III, M.D., F.A.C.S, and President and CEO of Doctations. “Doctations technology changes every equation in the industry. The DocPatientNetwork empowers doctors and patients to re-build healthcare from the inside out. Once this happens, achieving 100% insurance coverage of our population becomes very realistic.”

For the second year in a row, Doctations was honored with awards in two categories at the 2009 Towards the Electronic Patient Record (TEPR) Conference in Palm Springs, California. The web-based integrated community for physicians and patients was the only company to be nominated and then receive awards in both categories of “Hot Products” and “Personal Health Record Systems.”

About Doctations

Doctations Inc. has created an innovative, internet-based means of transacting healthcare. Doctors simply login to www.doctations.com to register, and for about the price of a cell phone subscription, they are given all of the tools needed to run an efficient, state-of-the-art medical practice. The goal is to leverage the Internet to make healthcare more accessible to patients and to substantially improve the processes of healthcare such as generating medical documentation, medical billing and denial management. Doctations brings physicians the benefit of the first true internet EMR and PMS without the burden or expense of difficult-to-use software. Our technology is updated monthly to accommodate new users and new ideas from our member physicians, other healthcare providers and patients.

For more information, please visit www.doctations.com or call 1-877-Doc-Patient.