The Significance of HIT to Small Practices’ Clinical and Operational Excellence

“As HIT systems provide timely access to patient information and encourage collaborative exchange of health information with other providers, patients, and insurers, small practices can look to benefit in terms of effective and efficient medical care delivery, optimized operational expenditure, and maximized revenue generation.” The significance of Healthcare Information Technology (HIT) in today’s medical care […]

A case of seasoned physicians’ affinity to EMRS

As seasoned physicians clinical schedule becomes more intense and time-consuming, EMRS may well become indispensable to complementing clinical, operational and medical billing Revenue Cycle Management Cycle (RCM). Because of this necessity and the ability to afford EMRS related expenditure, mature physicians see value in adopting EMRS in their practices. Contrary to the popular perception of […]

Upsurge in Migration to EHRS; Opportunities and Challenges

While this rapid transformation means ample business opportunities for competent technology providers, some of whom are already introducing second generation technology platforms; there also lies a challenge in aligning and customizing EHR platforms in congruence with individualistic needs of diverse medical disciplines. Medical practices, on the other hand, will be required to orient themselves to […]

Private practices withstanding healthcare reforms: Revenue Management

Private practices are facing many challenges and gone are the days when physicians could easily start their own practice in a small office. The complexities in the form of changing policies, added administrative work and changes in Healthcare IT has made it very difficult for physicians to start or maintain a small or solo practice. […]

The Challenges Faced by Primary Care Physicians and Possible Solutions

The shortage of primary care physicians in the United States will soon worsen due to the added pressure on resources because of healthcare policy changes by the government. The rising number of elderly people in the country is also putting tremendous pressure on the services provided by primary care physicians. A white paper by the […]

Physician Billing Facing the Biggest Financial Challenges in a Changing Industry

Some populist policies of the Obama government related to healthcare have left hospitals in all the states of the US to deal with more of what they should be doing less, preparing insurance claims and realizing payments. In fact, a survey by Thomson Reuters, in 2011, mentions hospital CEOs saying that reimbursement cuts and new […]

Exploring Possibilities of Merger Among Hospitals

While people managing healthcare setups have largely been successful in elevating the quality of medical care, the task of orchestrating mergers might seem altogether a different proposition for them – successful management of mergers require bringing together diverse resources, styles, culture, and financial structures into one harmonious unison. Although collaborative clinical management is not a […]

Reimbursement Cuts: Texas Doctors Using Personal Resources

Small private practices struggle to survive, even as Texas Medical Association (TMA) President reported a significant worsening of the practice environment with various physicians using money from their personal reserves or secured bank loans to keep their practices going. According to AMA news nearly 51% of Texas doctors dug into personal funds. Various national reports […]

States Mimicking Medicare – Experimenting with Accountable Care Models for Medicaid

Accountable Care Organizations (ACO) model’s popularity is growing and mirroring Medicare almost 11 states are trying ACO models for their Medicaid programs by adding initiatives resembling ACO’s to their programs, moreover various providers who initially were vary of Medicare ACO models are showing interest in the state versions as well. With the exact number of […]

Hospital EHR Payments Doubled in the Last Quarter Exceeding $1.9 Billion

Hospital payments escalated to more than double from October through December 2011 exceeding $1.9 billion, through the Medicare and Medicaid electronic health-record (EHR) system incentive programs, as reported by CMS’s latest monthly report. Both physicians and other eligible professional’s payments also increased 99% during the same period to nearly $570.4 million. According to CMS the […]

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