White Papers

Physicians Medical Center faced increasing challenges with decentralized patient information among its various practice locations. CEO, Sharron Grodzinsky wanted to prepare the group for imminent changes in the industry and decided that integrating its Electronic Health Record and Practice Management systems was the right decision. Read this story to learn how the medical center has realized better care, centralized and easily accessible patient data, as well as eligibility for Medicare incentives for using ePrescribing.
Unlike many physician practices that have qualified for financial incentives, the physicians of Youngsville Medical Clinic were recent adopters of the EHR technology. Deborah Vidos, LPN, Office Manager, described the practice’s reasons for selecting and implementing their EHR system in April 2010. In July 2011, the practice received the full incentive payment, adding financial returns to the many clinical benefits already realized by the EHR. Read this story to find out how they also realized more accurate and complete clinical documentation and facilitation of continuous improvement activities.
Many providers are surprised to learn about the costs associated with the day-to-day process of collecting payments. Opportunities exist to substantially reduce or virtually eliminate these costs. This white paper examines the benefits and pitfalls of traditional lockbox services, and evaluates new approaches that can substantially help providers increase efficiency and keep a larger percentage of the payments they earn.
As healthcare costs and insurance premiums continue to rise at a pace far surpassing inflation, payers have responded to the mounting economic pressures by employing complex billing and coding rules to eliminate inappropriate payments. Lacking adequate error detection and research tools, the typical healthcare business suffers from a backlog of denied claims and diminished revenues. Read this paper to learn how to rescue your flagging Medicare reimbursements.
Are you looking to gain a better understanding of the meaningful use requirements? Do you want to avoid federal penalties and qualify for incentive payments instead? This white paper will teach you all about meaningful use, when the incentives kick in, and how much money you could potentially receive. Download now and find out how you can earn between $44,000 and $63,750!
Getting Ready for ICD-10 April 10, 2012
On October 1, 2013, U.S. providers will be required to move from the current ICD-9 coding standards to ICD-10 in their practice management and electronic medical record systems. The changes represented in ICD-10, while sweeping in their scope, are not beyond the ability of medical practices to adopt. The earlier you begin, the easier the changeover will be. In this whitepaper learn the basics of ICD-10, the differences between ICD-9 and ICD-10, the benefits ICD-10 will provide and what you should be doing now to prepare.
Healthcare co-payments now account for 20% of total revenue in the typical physician practice, but providers who have not adopted the current set of industry best practices generally only collect 50-60% of these payments. By implementing the best practices in this whitepaper, healthcare providers can increase collection rates to over 90% and decrease billing expenses, both of which contribute to wider operating margins and a healthier bottom line.
As healthcare expenditures continue to rise, politicians and employers have sought after ways to slow the growth of healthcare expenses and the budget shortfalls which accompany these increases. While most solutions proposed to fix America's healthcare crisis have been met with intense debate and criticism, virtually all parties agree that efforts to improve prevention and the quality of care delivered are crucial for the success of any reform. In 2007, CMS took its first step towards “pay for performance” reimbursements by launching the Physician Quality Reporting System (PQRS). In this whitepaper, you will learn about the PQRS program and best practices for participation.
While cash flow is the most common metric practices use to determine financial health – it isn’t the only one that should be monitored. There are other key metrics that are just as important for guaranteeing revenue cycle success. Being proactive about measuring and monitoring these important additional key metrics can help you catch costly errors so your practice can enjoy fewer denials, faster payments and greater profitability. Download this free resource guide to learn more!
Ten considerations when deciding if hospital-owned physician practices should maintain independent billing solutions and processes.