How Using the EMR/EHR Systems Can Increase the Revenue

Electronic Medical Record (EMR) and Electronic Health Record (EHR) systems are modern software solutions that provide physician practices and healthcare providers an integrated set of healthcare technologies covering almost all the major processes in a clinical workflow. These practice management systems not only improve the overall performance and efficiency, the systems can also positively impact the returns of a healthcare provider. Some Healthcare providers go for a specialized software assisted solutions to handle medical billing and currently, most of the practice management systems are capable of handling coding and billing information as well. Some providers opt for outsourced processes to support their clinical workflow and hire specialized companies to handle their clinical errands and billing. It is quite difficult to hire, train and keep an expert for this sort of work with a long commitment. EMR and EHR systems, on the other hand, assist in maintain the clinical records intact and provide an easy access to patient health records. Ten key features within your EMR/EHR and Practice Management solution can help the transition go more efficiently and offer savings as well.

Look For An Effective EMR/EHR Solution

Whenever you are acquiring an EMR or EHR solution, try not to get exhausted or stressed out with a huge list to choose from. Go for an EMR/EHR that is effective enough to improve in practice conditions of your practice in the following ways:

  1. Make sure that the system increases patient efficiency with using restructured and reorganized operations on a daily basis
  2. Boosts the relationship of the patient with healthcare providers
  • Improves the quality of care and patient handling process

Arrange a Focused Group:

Strong commitment to your management performance is a core element for increasing in practice revenues cycle management. You should arrange a qualified team of a focused group that is well informed of the proper format of working at your office. Also, this team should work to find out ways to effectively handle the unique requirements of the specialty.

Communicable and Powerful Software:

Your EMR/EHR should have the following features:

  1. It should be capable enough to turn the superbills/encounters into claims.
  2. It should integrate with your Practice Management system

Measurement of Patient’s Eligibility In Real-Time:

Any EMR/EHR should be capable enough to measure the eligibility of the patient in real time. The software you implemented for keeping medical records should verify the direct claim.

Managing of Reports:

It is crucial to managinga regular report that keeps the record of finances related to the features of medical billing of an EMR/EHR system.

Electronic Records:

Keeping a record of all the claims and payments electronically is imperative for the efficientfunctioning of an EMR/EHR. There should be a track record of all the details related to the process of payment.

Investigation of Denials:

Error in the corresponding codes should give instant alerts. There should be a feature in the incorporated software to directly check the accuracy. This type of feature allows the user to perform the following tasks efficiently:

  1. Trace the errors in coding
  2. Instantly resolve tricky claims
  • Investigate the ins and outs for denial of claims
  1. Provide the user a platform to keep an eye on red flags as they arise
  2. Implement multiple types of inspections

Apply the Billing Codes:

An EMR/EHR should be capable enough to apply directly the codes of billing while entering patient data.

Secure and Protected:

The system should be capable enough to be used by more than one person at a time, should allow protection of data and automatically keeps the record of the status of claims for boosting refunds.

Backup and Recovery:

This system should have the potential to monitor, backup and recover the data in case of accidentallylosing it. Selecting and using the right EMR and EHR systems can positively impact the overall functioning of a practice which ultimately reflects in increased returns.