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 […]
It has been observed, that since 2008 and after the Affordable Care Act (ACA) has come into being, there has been a major doubling of patients with high deductibles plans. People often have picked a high deductible plan because it has a lower premium and out-of-pocket expenses are lower and can fit into their budget. […]
Smart phones are powerful in not merely connecting people around the world; they are also perceived as a boon to improve patient care in the ever-transforming health industry. Various technologies are being developed by organizations to capitalize on the power of smartphones for creating a massive change in health systems. One of the biggest examples […]
With an increase in high-deductible plans, soaring medical bills, new rules, and increasing patient responsibility, patients are usually not ready to pay high bills. Nevertheless, a few below-mentioned strategies can gauge and boost the ‘Patient Payment Collection’ process. Patient Payment Collection process: Payment type: To provide maximum flexibility, make all types of payments available at […]
The changing healthcare reforms have not only brought major upheaval in the medical financial area but also has caused some changes in the way physicians work too. Long clinic hours, trying to pay off education loans, home mortgages, car loans, vacation loans, tend to make most physicians a bit uptight and pushy, and often brusque […]
Since the Affordable Care Act has been effective, Jan 1, 2015, physician’s payments have been tied to providing higher-value care. Further, practices that cannot attest to meaningful use can face heavy penalties. So how does all this tie with effective practice management? What is involved in practice management? Will technology alone help boost efficiency? In […]
The far-reaching effects of ICD-10 will have to be understood by all in healthcare in order to deal with the impacts. The ICD-10 coding system that will kick in on October 01, 2015, is stated to be more comprehensive and much more advanced than its predecessor ICD-9. It is a known fact that Orthopedic and […]
As a physician, most days have their ups and downs. A physician’s profession is to help heal and work with the sick. However, besides working with patients they also have to deal with a lot of administrative processes. One of the major jobs is handling the medical billing and coding of a patient’s illness, which […]
Wound care centers can exist from small free-standing clinics to large hospital-based centers. However, so far, most wound care centers, have survived on their inpatient and common outpatient referral sources. But, with the introduction of new healthcare reforms of which the Affordable Care Act (ACA), popularly known as Obamacare is one which has brought a […]
With the Affordable Care Act come a slew of changes in the healthcare sector. Moreover the transition from ICD-9 to ICD-10 brings its own change that is leading to a whole lot of changes inside the medical portals. One of such reforms is the Value-based Payment system (VBP): paying physicians based on quality and efficiency […]
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