In a healthcare setting, an unanswered and unaddressed problem can become catastrophic in a matter of minutes. Proactive policies and procedures should be set in place well in advance to avoid any issues, whether it be administration or in the clinical care setting. As the business of healthcare becomes increasingly complex, providers are looking to…
ICD-10 gives us a level of detail that allows us to capture the nature of a condition much better than ICD-9 ever could. ICD-9 is outdated and lacks specificity of medical conditions. The US is the only country that is not on ICD-10 and still using an almost 30 year old coding system. But, for…
There are many steps that go into ICD-10 preparation. Whether you are a physician’s practice, hospital, insurance company or vendor, there should be preparation that you are doing for ICD-10 to ensure smooth processes and compliance. The ICD-10 transition is a complicated process, so the best course of action is to start with some basic…
The Physician Quality Reporting System for 2015 is a Medicare Part B required program which is different from Meaningful Use. If Medicare is one of the top insurances that you accept, then you will want to participate and report this year so you can avoid the 2.0%, 2017 penalty reduction to your Medicare Part B Physician Fee…
In order to be compliant with Meaningful Use, qualify for the incentive, and avoid the penalty, there are many requirements for a provider to meet. We can easily assist you with translating what CMS expects from you when reporting your MU measures and make sure your medical record is supportive of them. If you are a provider…
Today’s medical practice office is increasingly concerned with patient satisfaction. Of course, the health and well-being of patients has always been a concern; but as revenue and billing cycles quickly shift to a larger percent of patient responsibility, it’s becoming important to focus on ways to keep the conversation between practice and patient open and…
Payment adjustments for eligible professionals that did not successfully participate in the Medicare EHR Incentive Program in 2014 will begin on January 1, 2016. Medicare eligible professionals can avoid the 2016 payment adjustment by taking action by July 1 and applying for a 2016 hardship exception. The hardship exception applications and instructions for an individual and for multipleMedicare eligible professionals are available on…
Automation was traditionally a term used in other industries, such as factories or manufacturers. But thanks to advancements in healthcare technology in the past decade, healthcare automation is quickly becoming the norm. Healthcare organizations are more efficiently treating and managing patient care thanks to automated processes. Here’s a look at the 5 major benefits that…
Big Data in healthcare is a bit of a buzzword right now. Big Data has pervaded nearly every industry, but for healthcare, many are struggling to understand how to use it. Shifting paradigms in healthcare, such as a transition from a fee-based system to a value-based system, are creating an urgency for stakeholders to invest…
Today’s busy medical practices need all the help they can get. As the paradigms shift and a larger percentage of yearly revenue is earned directly from patient payment, it’s no longer a matter of good business practices to run an efficient billing/collections cycle. For private practices that want to prosper and grow in the years…