What is "charge capture" in OpTime?

"Charge capture" in OpTime refers specifically to the process of recording and billing for the supplies, procedures, and services provided during surgery. This is a critical component of healthcare administration, as it ensures that all the resources used in a surgical procedure are accounted for and appropriately billed to the patient or their insurance provider.

Accurate charge capture is essential for financial sustainability in a healthcare facility. It allows the facility to recover costs associated with surgeries, such as surgical instruments, medications, and the use of operating rooms. Efficient charge capture processes help improve revenue cycle management by minimizing lost charges, which can occur if services or supplies used during surgery are not documented and billed correctly.

The other options described do not align with the definition of charge capture:

• Monitoring time spent in surgery relates to operational efficiency and scheduling but does not involve billing.

• Collecting patient satisfaction scores focuses on quality of care and patient experience, rather than financial aspects.

• Tracking staff overtime is related to human resources management and labor costs, which is separate from the concept of capturing charges for services rendered during surgery.