A wound care facility has two vital factors when it comes to operating on a higher business profit, which is providing the best patient care, and second is documenting each patient with appropriate medical billing and coding perquisite. Productivity can be characterized as “the quality, state, or the capacity to produce, make, improve, or deliver products and services.” In […]
Wound care Clinics Observe Productivity Gains via EMR Documentation
Meaningful Use and PQRS- Know More!
The voluntary program Physician Quality Reporting System (PQRS) is meant to pay eligible professionals (EPs). This includes physicians under Medicare as well as a few select therapists and service providers who extend their services to beneficiaries under Medicare. However, there does exist a bit of confusion with medical practices on whether the requirements of PQRS […]
Cybercrime – How are you Ensuring Safety for your Practice?
There have been rapid strides in the development of technology and we use it in most spheres today. Medical practice has benefitted immensely through technology, enabling patients to gain access to quality healthcare. However, Cybercrime too has become highly sophisticated and combating phishing, hacking, and other such activities is indeed a challenge. How secure is […]
Benefits of E-prescribing for Hospitals
Hospitals are big centers where paper-based prescriptions are largely used and where a lot of time is spent on resolving issues with the pharmacies regarding errors in handwritten prescriptions. E-prescribing is the electronic method of generation, transmission, and filling of a prescription, replacing paper prescriptions. Continuous efforts of the US towards enhancing the quality of […]
Top Medical Billing Trends in 2015
There have been a number of changes related to medical billing this year.Many professionals will report that these changes are because of Obama Care. Others may even state that the ICD-10 changes have created these changes. While these changes may be easy for some, it is always important to remember that changes can create a […]
Ways in which Healthcare Analytics are Ensuring Better Patient Satisfaction
Critical patient care has been backed by pushing through the Value based performance payment model along with a few other subsidiary payment models that tie into it. But given the number of footfalls, with the Affordable Care Act (ACA), which has made it mandatory that every American needs to have insurance to avail of healthcare, […]
Healthcare Revolution- Engaging Physicians!
The new health care Reforms in the shape of the popularly known Obamacare or Affordable Care Act has met with great resistance from many physicians. Pro or against the many reforms that this Act has brought in, changes in the way physicians practice medicine will be undergoing change- positively or grudgingly. However, any Act that […]
Physician burnout- Something to ponder on
Long hours at medical school, was something one could get used to when one is young. But long hours when at work and critical medical cases to deal with can drain you of all energy at the end of the day. In the Medscape 2013 Lifestyle Report, burnout was reported to be slightly under 40 […]
Last Minute Guide to your ICD-10 transition- Make most of the time remaining!
Most of the healthcare facilities must now be all prepared to use the ICD-10 codes on Oct. 1, 2015. The new coding set, ICD-10, consists of 68,000 codes which show a dramatic increase from the 13,000 codes in ICD-9. There are still a number of providers that are unsure of how their business will turn […]
Why are US Hospital Costs Higher than those in Canada and Scotland?
The administrative costs in US healthcare sector consumed approximately $156 billion in 2007. This spending is projected to reach $315 billion by 2018. Recently, a study published in Health Affairs compared hospital administrative costs of eight nations. According to the study, the US hospital administrative costs were the highest, consuming 25.3% of hospital budgets in […]