EMR (electronic medical records) software can make your practice more efficient and support your patients in numerous ways. Here are five major reasons to make the transition from paper to EMR.
The government has made it known that electronic medical records are the wave of the future and they are implementing incentives to make it more attractive for early adopters to secure services now. If your eligible practice begins using medical records software from a valid medical software company, you can receive incentives by meeting the 2015 deadlines for Stage 2 Meaningful Use implementation. Starting the process now ensures that your practice has the time to learn how to use and effectively implement an EMR system to qualify as a "meaningful user" according to the CMS.gov Web site.
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One of the complaints many doctors have had about adopting electronic health records (EHR) is the cost of the software the physicians are required to purchase from a medical software company. Physicians frequently overlook the return they receive on their investment with the money they save by using electronic health records.
Adopting EHR Software More and more organizations are beginning to use software to help make their operations more effective as computing technologies continue to advance, with medical practices being particularly prominent examples of this trend. One example of this trend among medical practices is the adoption of electronic health records (EHR), which are composed of the information collected about medical patients and stored in a digital format that enables them to be shared by medical practices using the same database. EHR software can be used to collect the relevant information, access it, and make use of it throughout the medical practice's internal processes.
Electronic Health Records | Value-Based Care
Establishing or updating to new EHR software can be a daunting task for many practices. Fortunately, Medicare and Medicaid offer an incentive program designed to ease the burden of cost for medical professionals who make 'Meaningful Use' out of the software. Of course, in order to receive the incentive, understanding what Meaningful Use is, how to demonstrate it, what the process is, and related terms is vital to successfully qualify.
Electronic Health Records | Value-Based Care
Quality patient care often begins and ends with paperwork. EHR software can eliminate the hassle, increase efficiency, reduce costs, and improve satisfaction in an environmentally sound way. Patients gain greater access to their care team and are less likely to face challenges stemming from transcription mistakes.
As the treatment of addictions and other psychiatric disorders becomes more complex, so does the process of managing patient records in behavioral health practices. To compound the issue, the requirements for service delivery and documentation differ among the third party payers. In order to avoid potential liability issues and payment recoupment’s associated with missing or incomplete documentation, the majority of behavioral health practices need to adopt electronic health records.
Implementing an Electronic Health Records (EHR) program in a radiology practice may require effort, direction, and time, but it can also be very profitable, thanks to the Stimulus Act. Providing your practice incentives worth as much as $44,000 through Medicare and $63,000 through Medicaid throughout the 5-year implementation period.