offsetting ehr bottlenecks to revenue cycle maximization
DESCRIPTION
Optimize your EHR/EMR for Revenue Cycle Maximization to increase the efficiency of your medical practice http://www.billingparadise.com/blog/2013/10/23/whether-ehremrs-fail-to-resolve-revenue-collection-worries/TRANSCRIPT
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Offsetting EHR Bottlenecks to Revenue Cycle Maximization
Presented by, BillingParadise
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• There is a dire need to implement some of the following best-in-practice measures to optimize EHR/EMR technology for maximized revenue cycle management.
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Implement physicians practice-specific,
optimized scheduling, coding, and billing workflows into the
EHR/EMR.
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• Manage the complete revenue cycle, starting right from patient check-in to payment receipt.
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• Ascertain medical necessity of diagnosis and treatment from the insurance payers’ point of view.
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• Verify patients’ eligibility for insurance claims.
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• Ensure precise and complete clinical documentation.
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• Ensure correct capture of codes for billing and preparation of claims.
• Submit claims in time and track their progress with the insurance payer.
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• Analyse denied claims.• Resubmit corrected claims and follow them up.
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• Ensure online payment of bills by patients through the patients’ portals.
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• Understand and comply with insurance payers’ contracts and requirements.
• Be informed on how new codes, statues, and guidelines could impact revenue collections and implement appropriate measures.
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• For More queries on optimizing Complete EHR Billing RCM Support
Contact www.BillingParadise.com or mail us to [email protected]