Thursday, October 20, 2016
Preparing for the Conclusion of ICD-10 Grace Period
Within CureMD the diagnosis search box now recognizes provider specific abbreviations and aliases for diseases. You can now use common terms or abbreviations to describe a clinical condition and the system will bring forth the desired ICD-10 code. Learn more information here.. http://bit.ly/2evOPLg
Friday, January 29, 2016
CureMD Wins 2 Best in KLAS awards
CureMD, a leading Health IT Solution provider, surpasses past winners to secure top place.
CureMD, the innovative provider of Health IT systems and services made headlines yesterday by topping the 2015/2016 Best in KLAS: Software & Services Awards for both Best EMR and Practice Management for 1-10 physician practices (i).
The company debuted on the KLAS list in 2012 and since then has gone from strength to strength beating all other vendors with its user friendly products that are backed by a passionate service culture.
Healthcare organizations seeking to optimize operations through cloud based, specialty focused EMR and Practice Management are choosing CureMD to support the evolving clinical and administrative challenges of today’s care delivery enterprises. Its All-in-One integrated product offering and everything in-house business model has brought exceptional value and affordability to medical practices of all sizes. The company is now committed to make seamless interoperability a reality for patients and providers by adopting enhanced data sharing practices for an informed and empowered care delivery system. Read more here
Friday, January 8, 2016
Top 3 EHR vendors To Partner With in 2016
EHRs have
become quite a common phenomenon in the American healthcare industry. In 2015,
78% of office-based physicians use an EHR system while 59% want to switch their
current EHR provider. Moving forward in 2016, CureMD, eClinicalWorks, and
Practice Fusion are the top three EHR vendors. CureMD offers one of the most
comprehensive cloud platforms as an EHR vendor with continuous support and
problem resolution. eClinicalWorks has the second highest market share in the
American market at 10.2% as it provides solutions to practices of multiple
sizes. Practice Fusion specifically caters to smaller practices and is MU,
ICD-10, and PQRS compliant. Read more
Wednesday, November 4, 2015
A Real Case for the Return on Investment of EHR Implementation
If there is one thing that there is no shortage of during
the EHR implementation transition, it is cynicism. Much of this negativity is
certainly warranted when providers are running into legitimate budgetary and
staffing problems, but an even larger portion of the medical community seems to
view speaking skeptically as a personal hobby. Perhaps this devout skepticism
comes from a fear of change, but even more likely is that they think that the
evidence for EHR ROI (return on investment) simply is not there.
Well, we have news for them: EHR ROI is real, and it is not
isolated to just a few anomalies. There have been multiple studies confirming
that some provider organizations benefited greatly from EHR implementation.
While we must acknowledge the real struggles providers are
facing, we must also recognize collectively as a community that negative EHR
implementation outcomes are not inevitable. To stir in this dose of much-needed
positivity, here are a few examples of providers that genuinely saw EHR ROI
within a reasonable time frame:
Hailing from Worcester, Mass. but with facilities throughout
Central Mass., Reliant Medical Group was an early adopter of EHR Software Systems. After
shelling out an astounding $24 million in overall costs, the organization says
that it is already seeing tangible financial and administrative benefits.
Foremost, the more precise coding and documentation
capabilities of EHR are credited with increasing their Medicare Advantage
reimbursements by $2 million annually. They also saw a huge
surge in their compliance rate for Medicare Advantage patients who had chronic
kidney disease diagnoses. Within a three-year period, compliance for these
patients increased from 20 percent to a whopping 80 percent.
Additionally, the time and cost of transcribing dictation
has fallen significantly for Reliant’s centers — a full 63 percent, to be
exact.
Reliant’s Larry Garber even touted that EHRs successfully
made good on their promise to reduce medical mistakes. Looking specifically at
his radiology departments, there was a consistent problem with the wrong tests
being ordered. After customizing a one-click feature that would reveal the
specifics of every test ordered, radiologists could vet the pending test
requests and confirm or correct them before they were scheduled.
In total, the percentage of radiology tests requiring
expensive ordering changes post-scheduling declined from 12 percent to four
percent. This reduction saved both patients and providers resources, especially
the radiologists who had more time to perform tests that were genuinely needed.
Small Practice EHR
Wins
While not every provider has the budget to lay down a cool
$24 mil on the table for EHR, many smaller pilot clinics were still able to
budget for their EHR implementation properly and see some EHR ROI within a few
years.
Here are some five-year case studies courtesy of Providers Edge:
●
OB/GYN of West Michigan saw a 65 percent return on
investment after cutting six full-time-equivalent staff positions in
transcription and nursing as a result of increased efficiency.
●
Nash OB-GYN Associates, hailing from Rocky Mount, North
Carolina, saw a huge 71 percent reduction in both transcription and supplies
costs.
●
Lakewood Family Medicine of Holland, Michigan enjoyed a
50 percent EHR ROI, with savings of $100,000 per year on reduced transcription
costs alone. Administrator Beth Zandra even fully-endorsed the decision, saying
that, “There’s no way my physicians would go back to paper medical records.”
●
One Dr. Jack Dekkinga had an unusually-glowing case for
EHR ROI. While his costs for transcriptions and supplies fell just like the
other study participants, his receipts also grew by 32 percent coupled with an
18 percent increase in total patient encounters. His small practice was able to
achieve an astounding 240 percent ROI, allowing him to pay for the costs of his
EHR system in just over five months.
Getting Realistic
About EHR ROI
Not every provider organization will see the storybook gains
described above, but they will also likely not endure the catastrophic losses
bandied about by devout naysayers. The real point is to illustrate that losses
are not inevitable.
In fact, one of the most comprehensive studies on the
subject of EHR implementation found that small practices would recoup their
losses after two and a half years, on average. After that, they could expect
incremental gains in the years to come. While this timeline may seem drawn out
for some, providers must come to grips that the expectations of EHR
implementation are coupled to the promise of better efficiency and better
patient care. Tangible, cash results thus may pale in comparison to the
revitalized landscape that EHR promises in the long run.
If such idealism is not enough to float your boat, at least
take comfort in the fact that significant Medicaid incentives can be had if you
implement EHR sometime next year. Between incentive programs like these and the
potential gains evangelized by those above, now is the time to create a serious
EHR implementation strategy and adjust to what will inevitably color the future
of modern medicine.
Monday, June 1, 2015
Does an iPad EHR actually save time?
The implementation of Electronic Health Records in the US was a golden step forward in the healthcare industry. Doctors, nurses, and other healthcare providers were able to document their data more effectively and consequently reduce the number of errors made in patient charts and claims. According to a survey conducted by the National Center for Health Statistics in 2011, nearly 55% of physicians had adopted EHR systems for their practices. Almost 74% of the physicians surveyed admitted that EHRs had improved the efficiency of their medical practices.
However, ever since the CMS brought forward its regulations regarding detailed documentation and penalties for documentation and billing errors, entering patient data on a desktop screen became a huge hassle. Many physicians and nurses now spend more time on patient documentation than on the patient himself. Another problem faced by healthcare providers is that they have to record patient data and situations from time to time, and on paper because let’s admit it; they can’t carry a desktop computer with them everywhere. Hence a lot of precious patient time is consumed on double documentation; first on paper and then on the desktop EHR.
EHR vendors and healthIT experts came up with an alternative solution for these problems; simply integrate EHRs with other portable technology gadgets. The most selling EHR among these portable devices is the iPad EHR, because it both easy to use and does not require physicians to stay seated on their desks to document patient data. Here are some interesting features of iPad EHRs that Help Reduce the Documentation Time:
1. Charting on the go
Unlike computers, iPad’s don’t confine physicians to their desks in order to record patient data. Nor are nurses required to carry around heavy paper files and records to document the patient’s vitals and other treatment conditions. Physicians and clinical staff can now enter and store patient information on their iPads; and all while looking at the patient.
2. Simplified documentationDocumentation had always been a time consuming task for providers. The iPad EHR is a more simplified version of desktop EHR. According to a survey, documentation and charting time reductions of 23% were reported by physicians who had shifted to the iPad EHR.
3. Lab Ordering and Prescribing
Another recent advanced feature available in some iPad EHRs is the ease of Lab ordering and medicine prescribing. Physicians can now select a pharmacy or lab in their desired location and send lab orders or prescriptions without leaving their offices. They can also receive lab results on their iPad, which are then shared with the patient.
The iPad EHR has become the new trend that is Reshaping Medical Practice Workflows in the healthIT industry. Kelly Rakowski, managing director health provider practice at Accenture, stated that she has seen physicians enhance productivity by using iPad EHRs because of the ease with which they facilitate information sharing. The results of another survey of iPad EHR users concluded that iPad EHRs increase operational efficiency of medical practices by 30% and improve quality of care by 16%. These analytics prove that iPad EHRs are the perfect alternative solution for modern medical practices that are facing productivity loss because of reduced patient care time.
Friday, May 8, 2015
Does a medical billing software actually enhance efficiency?
Gone are the days when providers used paper for almost
everything, be it prescribing medicine, making notes, mentioning patient
symptoms, and billing the patients. With EHR technology becoming more and more
popular among providers in the US, a lot of vendors have started integrating Practice Management Software
to expedite medical billing in their practices.
Although providers have found EHRs to be very useful for
their practices; some of them are still hesitant towards using medical billing
software. The reason could be that several medical billing tools are quite
complex and costly for practices to handle. Some practices still prefer manual
documentation over electronic, in order to protect data from being hacked,
stolen or even used for corrupt purposes. After all, the chances of data being
accessed by unauthorized individuals are higher in electronic data as compared
to paper based data.
However providers must realize that medical billing software
are bringing about a new change in the healthcare industry. Now the rate of
claims being denied or delayed are decreasing significantly. According to Reviews,
electronic medical billing has successfully reduced error per claim ratio with
latest technology like Claim Scrubber. Here are some common features of medical billing software that
can contribute a lot to increasing practice efficiency:
1.
Access to Patient information
Medical billing software has enabled physicians to run
background checks on patients’ medical and insurance history. Now it’s easier
to access patient information from anywhere. Not only does this speed up the
billing process but also helps practices avoid claim errors.
2.
Reducing claim denials
The biggest problem troubling medical practices is the
increase in their claim denial rates. While dealing with several claims
directed towards different insurances at a time, mistakes are inevitable.
However, with recent upgrades brought by medical billing technology, it has
become easier to identify such errors and correct them before sending out the
claims. This way more than 90% claims pass through submission in the first go.
3.
Increase in cash flow
Another change observed in practices that have adapted to
electronic medical billing is the increase in their cashflows. Medical billing software
not only increases the rate of claim submissions, but also helps providers
reclaim their fee early by reducing payment time. Some medical billing software
even have the capability to auto-generate modifications through which providers
can follow up on their claims via regular reports and tracking.
For small practices that have not yet adapted to electronic
medical billing because of the pricey and complex software, Outsourcing Medical Billing
to a medical billing company is another appropriate solution for improving
practice performance.
Rad more: Top reasons to Outsource Medical Billing
Rad more: Top reasons to Outsource Medical Billing
Wednesday, April 22, 2015
Does an Oncology EHR help optimize physician workflows?
Oncology has a unique set of terms and protocols as compared
to other medical specialties. The intensive data and procedures involved in
oncology list it among the most complex medical specialties. Therefore it is
reasonable to understand why oncologists dislike using a generic EHR that
doesn’t suit their practice. EHR vendors have tried coming up with an Electronic
Health Record (EHR) system that can cater to oncology practices, but many have
failed in doing so. However few have succeeded in either modifying their
generic EHR to accommodate to specific oncology requirements or redesigning an
EHR solely for oncology practices.
Oncologists expressed the urgent need for EHRs that could help
them with more accurate documentation and safe-keeping of patient data,
ordering and administration of chemotherapy drugs, clinical trials etc. The
most useful features in an Oncology EHR that can drive outcomes, productivity
and financial growth, are as follows:
1.
Chemotherapy automation:
An Oncology-specific EHR
simplifies chemotherapy automation for oncologists. Orders can now be delivered
electronically and oncologists no longer need to manually calculate the amount
of dosage to give to their patients. The automated dosing and scheduling
function in these EHRs helps prevent dosage calculation errors.
2.
Customized templates and digital imaging
The availability of customized templates for various tumor-stages
assist oncologists in the creation of structured notes. Many EHRs also have the
feature to capture, scan and attach clinical images, lab tests and photographs
directly into the patient chart, or through an integrated PACS. Additionally,
these notes and images can be emailed or faxed to the referring physicians.
3.
Patient portal:
Patients need to be updated about changes in their condition
from time to time. The patient portal facilitates patients in receiving test
results as soon as they become available, and it also helps in keeping tabs on
their health status. Moreover, some EHRs help patients in requesting
appointments and refills online.
The Oncology EHR assists oncologists in improving their
practice workflows by offering features including cancer mapping and stage
identification, treatment recommendations, clinical trial support etc. However
it is necessary for oncologists to recognize which EHR will be suitable to meet
the needs of their specialty or subspecialty before purchasing any.
Read more: We did it again! CureMD ranks 3rd in the Top 20 most Popular EHRs.
Read more: We did it again! CureMD ranks 3rd in the Top 20 most Popular EHRs.
Labels:
EHR,
EMR,
Healthcare,
HIT,
ICD-10,
Oncology,
Oncology EHR,
Physicians,
RCM
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