Managing data, processes, and supporting documentation in an effective manner poses a significant challenge to many businesses. When managing data is combined with a paper-trail backup, the chance for mishandling data increases, along with the real costs for storage, supplies, processing, and shipping.

PBSI created the Paperless Operational Workflow Electronic Routing (POWER) system to help businesses combat their growing data management issues. POWER is an award-winning, innovative, rules-based electronic workflow system that allows even geographically diverse businesses to operate in a paperless, virtual office. The POWER system promotes working online in a collaborative environment and measurably improves the ability to route and track processes, documents, and data.

POWER can transform your record-heavy processing environment into an efficient processing machine. Our workflow system will allow you to:

• Manage and meet Patient Protection and Affordable Care Act (PPACA) requirements to simplify administrative burden in claims processing;
• Eliminate the flow of paper documents between internal departments and remote offices;
• Improve processing efficiency;
• Improve management and audit oversight capabilities; and
• Realize significant reductions in operational costs.

POWER, initially developed for use with PBSI’s Medicare contracts, has broad-reaching applicability to the commercial market. POWER can provide our clients with the ability to continuously tailor the product to individual specifications.

Additionally, POWER was created to enable easy implementation and promote quick user adoption. The intuitive and logical POWER system requires a minimal investment of training and start-up time.

Incorporating the POWER system throughout our operations has enabled PBSI to improve our efficiency and quality while simultaneously realizing dramatic savings. Examples of return-on-investment achieved through POWER include:

• Dramatic improvements in processing and schedule control. For example, claims processes that once took 8-10 days now average 1-2 days.
• Measurable reductions in postage, supplies, and storage costs.
• Increased managerial oversight and real-time information.
• A reduction in necessary staff by 80 full-time employees, resulting in a savings of $3.9 million for PBSI over the first year – all while increasing our tempo and improving our quality.

POWER has been recognized by the Information Integrity Coalition (IIC) as a world-class automated systems solution. In 2008, POWER earned PBSI the Silver Award for Excellence in Information Integrity (EII). The 2008 EII Awards Program recognized organizations that have made exceptional progress to provide accurate, consistent, and reliable information to their customers, suppliers, and partners through a single project or an enterprise-wide effort toward achieving information integrity.

For more information, please see our POWER case studies.

To learn more about how POWER can accelerate your operations, please contact us.