Who We Are

Silk provides a true enterprise solution for the medical market with a Software as a Service (SaaS) model to healthcare practices across the U.S. Silk’s model is unique in that it offers the following:

• A no cost entry into Electronic Medical Records (EMR), practice management, e-prescription, billing, clearing house, revenue cycle management and other software, hardware and services that were previously too risky and/or costly for physician practices to attain.
• A long-term recurring revenue stream based on a percentage of collected monies that compensates Silk for improving, managing and automating the successful use of EMR and practice management systems and services. Compensation for success.
• A model that compensates the company and the physician for working together to improve process and management in a symbiotic relationship versus a traditional customer/vendor model that puts all risk on the physician and a one-time reward for the company with small annual fees.
• A 360-degree view in real-time from check-in through treatment all the way into the clearinghouse and payer payment with total transparency down to the individual patient encounter transaction level.
• An automated management process that monitors, alerts, manages and provides 7/24 oversight of the business process and financial management of each physician practice.

Silk Quantifiably:

• Improves cash flow and net profit
• Increases accuracy and performance
• Increases skill set levels of the practice
• Increases volume capacity and production levels
• Increases personal time back to the physician
• Reduces headcount and paper work
• Reduces costs
• Reduces liability

Initial practices have seen total collections increase from 20-40% after using Silk’s solution. This does not factor in cost savings.

Value-Add to Clients:

• Silk end-to-end solution, featuring:
  • - Encounters capture management system, with integrated practice management and EMR workflows.
  • - Provider-defined EMR workflows, for any medical specialty.
  • - More efficient solution for controlling receivables and enhancing collections
• Healthcare Service Bureau, featuring:
  • - Coding (Changes, Audit, Implementation)
  • - Billing and collection management
  • - Revenue Management (Collections, EOB, Audit)
  • - Practice Management (Audit, Procedures, Process flow)