Healthcare organizations often have troubles maintaining their patient volume and profitability because there has been a trend of decreasing reimbursements and growing amounts of regulations. However, with the right planning, your organization can grow profitably through value-based payment models. Here are a few tips and best practices for implementing an EMR: Choose a long-term partner. You want to work with …
How to Plan for ICD-10 Implementation
As many health care professionals and executives know, progress has been slow on the transition to ICD-10, the latest medical classification list. This process has largely taken a backseat to other priorities for health care organizations, including electronic health records and the reduction of expenses. However, with the ICD-10 conversion date set for Oct. 1, 2015, it’s important to develop …
Improving and Fine-Tuning Your Denials Management Processes
One of the realities of operating a health care practice is dealing with claim denials. This can be a major issue for some organizations, but there are some steps you can take to make your denials management system more efficient and effective. It all starts with establishing greater attention to detail. According to the 2013 National Health Insurer Report Card, …
