Illustration Of The EHR Meaningful Use Condition For Recipients Of The Stimulus Program
There are important reasons why EHR meaningful use was established as a requirement for medical practices to be eligible for the electronic record stimulus incentive program. EHR technology will not only improve the quality and safety of the practice, but also raise efficiency when put into use. Care coordination is enhanced and health disparities are reduced as illustrated by this use. It has been proven that patients and their families have increased engagement in their health care. General public health of the population is improved as a result. At the same time as all this is being performed, privacy and security is retained across all areas. The ease of use for physicians in the clinical setting is a critical factor necessary to qualify for electronic health record stimulus incentives.
EHR software can easily improve the profitability and workflow of your practice. A paperless office is an additional benefit of using this technology. EHR has shown multiple benefits including increasing the quality of care, improving office productivity, elevates patient satisfaction, facilitates adherence to compliance guidelines, supports data information exchange within the continuum of care and has capabilities of capturing more revenue. Electronic health record software supplements existing work flows in order to help build an environment that will promote administrative, financial and clinical productivity which in turn will allow more focus on patient care.
Patient records are safe and assured privacy by using role based security access for authorized health care professionals. The definitive responsibility for each patient determines the different access privileges that are granted. An audit trail is provided as an added security feature which includes capture of user activity and tracking to reveal who has accessed or changed the patient data. Automatic regular off-site data backups guarantee the data is always safely protected.
An additional benefit of implementing electronic health records is revenue cycle management. A financial benefit for the practice can be obtained from the economic stimulus incentive. The use of a pairing of electronic health records software with practice management systems will produce additional revenue capture through improved claims acceptance rates. Often the revenue gain will exceed the Electronic Health Records Meaningful Use stimulus reimbursement. Within three months of using the software an average practice can recoup the yearly cost of Electronic Health Records software used in combination with Practice Management software to reduce to less than five percent claims rejections.
This is a result of the software company's vast experience with the claims system. Processing a huge volume of claims through their system gives them a better understanding of the environment for various practice specialties. Payer rule changes can be continuously introduced into the software through updates. Incentives of up to $44,000 for Medicare Eligible Physicians and $63,750 for Medicaid Eligible Professionals implementing electronic health records will definitely improve your financial growth together with the claims processing improvement you will experience.
EHR software can easily improve the profitability and workflow of your practice. A paperless office is an additional benefit of using this technology. EHR has shown multiple benefits including increasing the quality of care, improving office productivity, elevates patient satisfaction, facilitates adherence to compliance guidelines, supports data information exchange within the continuum of care and has capabilities of capturing more revenue. Electronic health record software supplements existing work flows in order to help build an environment that will promote administrative, financial and clinical productivity which in turn will allow more focus on patient care.
Patient records are safe and assured privacy by using role based security access for authorized health care professionals. The definitive responsibility for each patient determines the different access privileges that are granted. An audit trail is provided as an added security feature which includes capture of user activity and tracking to reveal who has accessed or changed the patient data. Automatic regular off-site data backups guarantee the data is always safely protected.
An additional benefit of implementing electronic health records is revenue cycle management. A financial benefit for the practice can be obtained from the economic stimulus incentive. The use of a pairing of electronic health records software with practice management systems will produce additional revenue capture through improved claims acceptance rates. Often the revenue gain will exceed the Electronic Health Records Meaningful Use stimulus reimbursement. Within three months of using the software an average practice can recoup the yearly cost of Electronic Health Records software used in combination with Practice Management software to reduce to less than five percent claims rejections.
This is a result of the software company's vast experience with the claims system. Processing a huge volume of claims through their system gives them a better understanding of the environment for various practice specialties. Payer rule changes can be continuously introduced into the software through updates. Incentives of up to $44,000 for Medicare Eligible Physicians and $63,750 for Medicaid Eligible Professionals implementing electronic health records will definitely improve your financial growth together with the claims processing improvement you will experience.
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