Advanced Data Systems Corporation Blog
The latest in all things RCM, Electronic Health Records, Radiology Information Systems, Practice Management, Medical Billing, Value-Based Care, & Healthcare IT.
Revenue Cycle Management (RCM) is an expensive, complex, but nonetheless critical element of every healthcare operation. Mismanaged RCM operations can result in higher staff turnover, reduced patient satisfaction, crippled healthcare processes, mounting debt, damaged reputations, and poor revenue. RCM is difficult to effectively implement. Fortunately, there are modern, 21st-century solutions to the RCM dilemma that enable healthcare organizations to harness the power of technology to disentangle their RCM processes and boost their revenue.
Medics FlowText: The Technology to Scale Your Clinic Process Voice-navigated charting has come a long way. We want clinicians to see how more efficient charting can be with our Medics FlowText application. First, let's look at what is powering our voice-recognition dictation.
There are many aspects of MACRA, and it's important you're familiar with all of them.
We’re presenting here some easy-to-understand basics on MACRA for 2019. Many more exciting details can be found on www.cms.gov which should definitely be consulted if those details are needed.
When it comes to providing the optimal experience for your patients, you already put a lot of effort in: you provide excellent service, hire the best staff, and treat each patient as an individual. No amount of technology could replace the value of a good practitioner to patient relationship, but a well-organized Electronic Health Records system complete with medical portal can prove extremely helpful to patients. Let's discuss how it can elevate the patient's experience in every way.
Telehealth and telemedicine are making great strides being accepted by health insurance carriers. this will open markets with the variety of multi-state compacts that make nurses, physicians, therapists, and other regulated, licensed health care providers able to practice across state line. The federal government, hoping to improve access and reduce costs, has embraced telemedicine for the VA system and Tricare, the medical insurance for military retirees.
It's easy to become complacent using the same medical file procedures you've used for years. If the old way of filing medical information worked well in your practice for decades, it likely isn't now in the era of electronic health records.
When it comes time to submit billing to government and private insurance carriers, the process can become extremely labor intensive to ensure that the payment is received. Time is money when it comes to the laboratory billing process so ensuring your office has adequate software and protocols in place. Outstanding ones will make sure the eligibility is completed and any referrals or per-authorizations are obtained prior to billing. There are roadblocks that can slow down the submission and subsequent payment of submitting billing.
In medicine, as is the case with any professional endeavor, you need to have the right tool for the job in order to get the best results. When it comes to the flow of revenue in your organization, if you’re not using the right tool for billing, chances are you are actually hampering your bottom line. Practices that try to get by just using some kind of generic billing software suitable for any type of business are doing themselves a disservice.
Whether you have been a medical office manager for some time now or are somewhat new on the job, there is always more for you to learn about software and technology to help everything run more smoothly.
A great deal of financial work goes on behind the scenes at any thriving medical practice. That’s a given, since you cannot keep the doors open and the lights on if you neglect seeing to the timely delivery of payment for each patient you take care of. With that in mind, professionals who are in search of solutions to save their medical organization time and money find themselves turning to revenue cycle management software.