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Tag: Health Biz: Misc.

Consolidating electronic health records and practice management software allows practices to save time and money

Four Pros to Integrating EHR, Practice Management Software

Consolidating software allows practices to save time and money, make fewer mistakes, protect privacy
Additional codes have been approved by the Current Procedural Terminology Editorial Panel for chronic care remote physiologic monitoring and internet consultations

Steps Taken to Increase Use of Electronic Tools in Medicine

Docs will have more opportunity to use technology with extra codes approved by CPT Editorial Panel
Ambulatory surgery centers experience increases in patient volume

Surgical Price Transparency Tied to Improved Volume, Revenue

Most centers also reported better patient satisfaction and engagement after initiation of transparency
By understanding three indices and metrics

Three Financial Metrics Can Improve Practice Performance

Understanding collection rate, accounts receivable, A/R aging helps improve practice performance
Targeted steps can be taken to minimize future risks of lawsuits

Steps Can Be Taken by Doctors to Minimize Risk of Lawsuits

Steps include having a good handbook addressing legal issues, having risk committees within practices
Allowing front desk staff adequate time and an uninterrupted environment to focus on billing can prevent problems later on

Front Desk Staff Can Set Up a Practice for Successful Billing

Front desk staff should be trained, and should not be assigned to billing at same time as answering calls
Although physicians typically struggle with change

Learning to Change Important for Improving Practice

Physicians need to accept that the health care industry is changing and that change is difficult
In order to achieve universal health coverage

Better Care Quality Needed for Universal Health Coverage

Integrated approach involving governments, health providers, and patients is best
Insurance companies sometimes underpay doctors the contracted amount for a service or procedure

Insurers May Be Underpaying Doctors

Practices need to incorporate efforts to double check reimbursement against contracts
Practices and physicians should prepare for emergency situations

Physicians and Practices Should Prepare for Emergencies

Helpful strategies include developing a plan, knowing who will implement the plan, and staying flexible