IKAT G3 has been developed in conjunction with iTrack, our own, in-house medical aid claims submission software, in order to provide practitioners with the fastest and most effective real-time claiming solution. Within a matter of seconds of sending claims to the medical schemes, IKAT G3 receives detailed claim information directly from the scheme, ready for user interpretation. Real-time claim information such as full claim payment, rejections due to lack of funds in MSA (Medical Savings Account) and medical aid part or short payments allow for more efficient and effective accounts administration and collection processes.
Electronic Remittance Advices
With more than 30 years' experience in the medical administration and claims industry and continual product research and development IKAT G3 is able to maintain its position at the forefront of the medical practice management software industry. This is clearly visible with the implementation of Electronic Remittance Advices (ERA's) into IKAT G3.
Traditionally remittance advices have been emailed to practitioners as a PDF document or downloaded from the scheme websites. Medical aid payments from this hard copy remittance are then manually reconciled within the practice management system, making for a time consuming and inaccurate accounts reconciliation process. ERA functionality allows IKAT G3 to read an electronic copy of remittance advice from any of the major medical schemes and automatically reconcile the payments against the account. Electronic remittance advices reduce the process of reconciling large remittance advices from days down to minutes, leaving practice managers with more time to follow up on unpaid accounts. IKAT G3 is able to process remittance advices from medical schemes such as Discovery Health, Metropolitan Health Group and Medscheme.
At present, most medical practice management systems on the market are installed locally on a PC or laptop, with one computer acting as the server and a number of computers connecting to the server by means of a local network. This set-up presents a number of problems for the modern practitioner, especially in practices with multiple geographic sites/rooms, as each site needs to have access to the one practice management system. Practitioners who administer their own claims after working hours and from home, as well as practitioners who need to travel extensively but still need access to their practice management system also struggle with using networked computers.
We are able to solve these problems by hosting IKAT G3 in the cloud, providing practitioners with 24 hour access to their practice management system from anywhere in the world and on any computer or smart device with internet functionality. IKAT G3 Cloud hosting can be accessed from any of the below device:
*Windows PCs and laptops
in addition to making IKAT G3 more accessible, installing the system in the cloud ensure all your patient and account information is safe and secure. As IKAT G3 is stored in the cloud and constantly backed up, there is no risk of losing months or years' worth of patient account information from a computer crash or theft.