Do you have an independent practice? Did you have a smooth transition from ICD-9 to ICD-10? If the answer is yes to both these answers, then that is awesome news. Especially considering that nearly half of independent physicians are turning to retirement as a possible post-ICD-10 option, according to the (Texas Medical Association) survey. Many…
At the start of Intuitive Solutions, I helped customers find and fix breaks in their business systems. I was good at identifying deep rooted problems and providing solutions as such. More often than not, I was called in because there were problems with revenue. My job was to either grow the top line or help…
What is your current patient-engagement strategy? Do you have one? Have you considered improving it for the new year? Statistics have shown that 60%-70% of your patients and prepared and ready to actively engage with you. A survey conducted by National eHealth Collaborative resulted that only 8% of providers said they have a “very clearly…
The Revenue Cycle Management (RCM) process is a progression of events that take place from the time a patient makes an appointment to the time the Provider is reimbursed for the delivery of care. When done effectively with no errors that RCM process will be a success and the Provider will get reimbursed in a…
Lately big data analytics has been a trending topic in the healthcare industry. The healthcare industry is on a mission to improve quality of care for patients, and big data has popped up as a valuable asset in that mission. The emerging trend has been discussed to help the industry contain costs and improve member…
Many providers have become burden with the creation of clinical documentation. They have noticed that their productivity has decreased with the implementation of their electronic health record-through a series of screens, clicks, and checkboxes. The decrease in productivity that these providers experienced, leads to the risk of composing the essence of their patient’s story. As…
At the top of 2016, you should be thinking about setting your practice up for success throughout the remainder of the year. And moving to a value-based care reimbursement environment will help to do just that. Medicare’s Chronic Care Management (CCM) is a step towards value-based care, practice success and patient success. CCM reimbursements went…
Your patients want to know that their healthcare cycle is being improved, and they trust you with that task. Patients also want to know that you are addressing what they need and maximizing their health value. Value, in a sense that you are achieving the best outcomes at the lowest cost for your patients.Quality health is…
In today’s growing healthcare industry, the connected care communities are built on a foundation of information sharing. Sometimes when information is shared neither party receives all the necessary details about each patient in a timely manner. The inefficiency with shared information can result in decreased patient care delivery. There are two challenges that linger with…
A recent poll done by RevCycleintelligence.com revealed the greatest challeneges that revenue cycle management is facing today. The source polled over 60 readers to assess RCM challenges and opportunities from A to Z. The readers agreed that their top priority is to collect payments from patients in an efficient manner. However, due to an increase…