Managing Variable Healthcare Data with the Help of a Medical Billing Service

Although healthcare data is presumably highly significant to clinical efficiency, its application is not limited to clinical circle alone – medical billing, operational efficiency, contribution to clinical research and macro healthcare policies are equally dependent on healthcare data. Therefore, the primary raw data collected needs to be processed and tailored-made to serve these diverse purposes. While we may have come a long way from what used be generic data computing systems to healthcare-centric data management systems of today, questions still remain as to their ability to retain, secure, and serve the purposes for which they are 

relied upon.

This primary concern brings us to contemplate on data warehousing techniques that can necessitate the broad range of data-related utilities, such as tracking orders, recording vital signs, admitting/discharging/transferring patients, aiding reference, sending bills, and helping in collaborative exchange of healthcare data across clinical and operational eco-system – care providers, patients, insurance carriers, research bodies, and the Federal Government. While technology vendors have made available multiple versions of data warehousing models, care providers and all the external stakeholders still doubtful of them being fully responsive to ‘Meaningful Use’ of healthcare data.

Even as the problem persists with understanding variable healthcare data, care providers can still persuade manufacturers, vendors, and implementing agencies to evolve technology platforms that best serve providers’ internal data requirements as well contribute to external stakeholders’ data necessities. More than the mere architecture of the platforms, it is the utility-factor that needs to be well-defined and agreed upon before engaging with your prospective manufacturers or vendor. While we emphasize the need for customizing healthcare data centers’ architecture and delivery in sync with variable health care data utilities, current EHR platforms available in the market offer somewhat near-perfect options – today’s EHR platforms are believed to enable variable health care data utilities such as electronic medical records generation, billing, coding, operational functions, e-prescriptions, and a host of clinical and operational utilities.

While care providers may be able to better understand and manage variable health care data demands with these latest EHR platforms, they may still need to assess their prospective vendors’ ability to come up with customization that best supports their unique data needs. Notwithstanding their ability to assess intrinsic and potential data requirements, they, being physicians with essentially clinical care as their focus, may be well advised to avail services of medical agencies that best understand such critical healthcare data issues.

Medicalbillersandcoders.com has a tradition of mediating clinical and operational transformation on behalf of care providers. And, at a time when variable healthcare data management has become critical to clinical and operational efficiency, our broad resource-base of medical billing experts across the 50 states and their substantial experience in managing healthcare data centers for practices of varied sizes and disciplines should augur well for the future of variable healthcare data management in particular, and the nation’s healthcare delivery at large.

Medical Billers and coders (MBC) is one of the leading Medical Billing Companies in USA & help doctors to shortlist Medical Billing Companies, Medical Billing Services according to their preferences of specialty, city, software and services performed.

EHR As a Means to Better Co-Ordinate and Control Care Processes

The success of health care has always been determined by how best care providers are able to coordinate the care processes across the clinical cycle – right from the time patients are admitted till they are pronounced cured. While clinical decision often lies with the primary physicians, clinical management may be divided among several departments or intervening specialists depending upon the complexities of clinical cases. Each clinical constituent may have specific, limited interactions with the patient and, depending on his/her area of expertise, may come up with his/her own view of the patient. While each of such views contribute to the ultimate clinical outcome, they information largely remains fragmented into disconnected facts and clusters of symptoms. As a result, clinical decision-makers are increasingly reliant on systems that keep disjointed clinical views into a cohesive clinical data.

Just as internet and web medium continues to evolve newer systems of care co-ordination, EHR is thought upon as the best technology system ever. While there could be arguments in favor of or against EHR as means to control clinical process, there is little doubt as to its ability to decrease the fragmentation of care by improving care coordination. EHRs have the potential to integrate and organize patient health information and facilitate its instant distribution among all authorized providers involved in a patient's care. With a well-networked EHR across the clinical continuum, care provider can expect:

superior integration among providers by improved information sharing to monitor and control the effect of medication to seek entry at point of care or off-site consistency of data, order sets, and care plans helping to implement common treatment of patients using evidence-based medicine gain access to experts for rural health care providers by sharing best practices and allowing for specialized care through telemedicine, have population management trended data and treatment and outcome studies, be armed with more convenient, faster, and simpler disease management

These multiple utilities promise to be a positive influence on health care quality and convenience. Amongst a series of EHR-enables advantages, providers will primarily be benefited with

Instant access to patient records from inpatient and remote locations for more coordinated, efficient care Superior decision support, clinical alerts, reminders, and medical information Performance-improving tools, real-time quality reporting Clear, complete documentation that facilitates accurate coding and billing Ready interfaces with labs, registries, and other EHRs Improved, safer, and more reliable prescribing

Providers, who are always dictated by clinical excellence, should welcome EHR as a means to enhance primarily clinical efficiency as well as operational efficiency at large. While internal staff can be acquainted with the functioning of EHR, implementation of EHR need necessarily be done by experts. Medicalbillersandcoders.com – who has been the first to mediate with critical processes and systems on behalf of care providers – have the experience and expertise to enable care providers with decision-supportive EHR systems. Our resource base, spread across the 50 states in the U.S., is capable of customizing EHR systems in sync with your practice sizes and disciplines.

Medical Billers and coders (MBC) is one of the leading Medical Billing Companies in USA & help doctors to shortlist Medical Billing Companies, Medical Billing Services according to their preferences of specialty, city, software and services performed.

Does Expanding Outpatient Physicians Really Help Stabilize Your Hospital Revenues?

Hospitals that hitherto have been troubled with in-patient operational losses may just have found a solution in outpatient mode. Contrary to stagnant inpatient volumes and revenues, outpatient volumes seem to have picked up in recent years. As a result operational revenues at hospitals seem to be firming up. It is also worthwhile to be informed of some interesting statistics unearthed by the research agencies – Fitch’s research has found the average operating margin to have shifted from 2.6% in 2010 to 2.7% in 2011 while Moody’s have estimated it to be hovering around 2.5%.

While outpatient mode may have marginally helped offset inpatient downturn, it is expected that hospitals’ outpatient windows will further gain from steady decline in inpatient cases – the decline in patient volumes, which previously was in sub-decimal, seems to be heading towards double-digit figure (prominent research agencies currently estimate it to be around 9%). Coupled with this dip in inpatient volumes, the recent health care reforms may force hospitals to operate at negligible profit margins. With so much pressure behind, hospitals should look at outpatient mode not as an option but necessity to sustain and grow.

But expanding outpatient windows has its own challenges – finding competent physicians or doctors, cost associated with their overheads, deciding on disciplines to be more aggressively followed under ‘outpatient’ category, and not but not the least the likely billing challenges on account of expanding outpatient services.

Recruiting physicians for outpatient services will be a primary challenge. As every hospital begins to scout for talents from a limited pool, the aspirants may begin to command higher price. The initial cost of hiring may temporarily be result in negative revenues. Therefore, hospitals should be prepared for such scenario and be optimistic of eventual turn around in revenue margins.

Second, it may not be viable to pursue every discipline under ‘outpatient’ category – hospitals should explore their intrinsic competence and decide on disciplines that are demanded most in their location of operation.

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Last, the shift to outpatient services may give rise to unprecedented increase in billing activities. The sudden increase in billing may prove to be unbearable or burdensome to in-house or the billing services provider. Unless it is eased by a superior billing intervention, it may prove to be responsible for delay or denial of claims.

Notwithstanding hospitals’ capacity to alternate to outpatient mode with larger physician base, it is advisable to be mediated by people who are sensible in clinical and operational issues. Medicalbillersandcodes.com has time and again proved to be an able ally in times of clinical and operational crisis. Our resource base spread across 50 states in the U.S. offer instant remediation for billing, coding, RCM, AR Management, and a host of clinical and operational issues. At a time when hospitals’ stand on the verge of a major shift from inpatient to outpatient mode, MBC may well be your platform for prosperity.

Medical Billers and coders (MBC) is one of the leading Medical Billing Companies in USA & help doctors to shortlist Medical Billing Companies, Medical Billing Services according to their preferences of specialty, city, software and services performed.

Keeping your Clinical Focus Intact with Analysis-Backed AR Management Solutions

Every year physicians in the U.S. lose thousands of dollars in the form bad debts. These so called bad debts are Account Receivables that have surpassed the admissible time limit or deemed impossible to be followed up. Once Account Receivables are allowed to languish for more than 120 days, it is difficult, if not impossible, to get them followed up and claimed. It really requires a dedicated AR management practices to monitor and keep ARs active. While care providers’ internal billing staff may be relied upon to a certain extent, they have often been found to be limited in their ability to analyze the reasons behind pending reimbursements, devise strategies to reduce AR days, and speed up realization of claims. But, because these tasks essentially decide the providers’ financial health and progress, they need to be arranged somehow or sourced from somewhere. Therefore, outsourced AR management services seem to be the only way out.

While outsourced AR management services could have right answers to solving AR puzzle, you certainly need to judge your prospective AR management service providers’ credentials on certain parameters:

Ability to analyze long-pending ARs: AR analysis is believed to extract reasons for delay, denial, or long-pending ARs. The reasons so extracted are supposed to be vital leads in resubmitting, following up, modifying, or adjudicating long-pending ARs. Amongst several possible reasons, your AR management partner should be able to cull out reasons such as:

• Claim denial occurring due to patient’s non-eligibility of the insurance
  
• delays due to adjudication issues
  
• pending for request of clarification or documents
  
• denials due to errors in coding and charge entry
  
• delay in payment due to insufficient funds with government aided insurance carriers
  
• filing of the claims beyond the claims filing limit

Ability to devise systematic corrective measures: Reasoning alone will not suffice; your ARs will be converted into real revenues only when they are backed up with instant, effective, and corrective measures. While most of the AR management providers are generally believed to knowledgeable, it is always safe to be informed of their ability to:

• Process and systematically follow up with the insurance carrier for paper as well as electronic claims to improve reimbursements.
  
• be conversant with knowledge about the insurance companies’ policies and procedures that help process claims
  
• Keep records of past AR events that may come useful in dealing with similar future events.
  
• maintain good rapport with the insurance company will help the physicians’ office or the physician billing company in solving the issues more effectively
  
• handle major rejections and in prioritizing claims
  
• verify explanation of benefits, and preserve final payment documents for future use

While ascertaining your prospective AR management service provider is inevitable, you being care providers may not want to be distracted from your primary focus: clinical excellence. Medicalbillersandcoders.com has precisely been an operational partner for medical billing and allied services. With a resource-network across the 50 states in the U.S., we promise to keep your clinical focus intact with some of the best analysis-backed AR management solutions. While our AR management solutions have been inclusive in our total RCM solutions, you can also get them customized exclusively to your practice needs. 

Medical Billers and coders (MBC) is one of the leading Medical Billing Companies in USA & help doctors to shortlist Medical Billing Companies, Medical Billing Services according to their preferences of specialty, city, software and services performed.

Transforming Your Data Centers into Secure, Instant, and HIPAA-Compliant

Medical data has significant utilities – as vital source of reference for subsequent follow-ups, collaborative clinical management across the clinical network, Medical Billing, information bank for clinical research, and macro health care policies. While most of the practitioners may have a system for storing, retrieving, and sharing the data across the health care eco-system, they are increasingly susceptible to natural disasters, system-related snag, and hacking from unscrupulous sources. And data lost – either to natural disasters, system-related snag, or hacking – can have wide repercussions:

• It may hamper your ability to coordinate your patients’ clinical administration
  
• It may hold you back from contributing to collaborative clinical management
• It may leave you without evidence while audit inspection, follow ups, or resubmission of your medical bills with Medicare or private health plans
• It may project you as non-contributory to clinical research, and above all
  
• It may depict you as non-participatory in macro health care policy missions

Because of these likely consequences, not only are physicians obligated to have their medical data stored but also have them secured from the threats mentioned earlier.

Most of the medical data these days are managed on EHR – which is a comprehensive platform for storing, retrieving, and sharing clinical and operational data. While an EHR can integrate clinical and operational functions with unbelievable ease, it is by no means guaranteed that it will stand the test of the threats highlighted earlier. As responsible care providers, it becomes your priority to have backup facilities for data stored in your EHR systems. One easy way to ensure data-readiness is to copy them from your EHR sources to portable USB drives that can be preserved securely elsewhere.

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An important thing to remember while converting or transferring medical data into portable USB drives is that care should be taken to encrypt the so transferred data. The significance of encryption is that it will save your stored medical data from being easily decoded by hackers. With HIPAA being severe on breach of patient privacy and safety clause, protecting data privacy has become more than a mere necessity. HIPAA’s security rule comprises required and recommended actions to ensure the security of protected patient health information. Moreover, the Health Information Technology for Economic and Clinical Health (HITECH) Act, part of the American Recovery and Reinvestment Act of 2009, supports HIPAA by imposing stiff penalties on healthcare organizations found guilty of data breaches. Among the penalties: fines up to $1.5 million and the burden of notifying the media (as well as patients) if the breach involves more than 500 records.

Along with this data-back plan and adherence to HIPAA’s privacy and safety norm, medical data should also be made available just in time – power outages should not an excuse as any data not available just in time may well be deemed as data denied. Therefore, physician facilities should have USP facilities to run data centers interrupted.

Managing medical data management as per HIPAA’s directive could be an extended burden to physicians, who are centrally focused on clinical care. This is where experts may have an interventional role in transforming care providers’ facilities into secure, instant, and HIPAA-compliant data centers. We, Medicalbillersandcoders.com, have been a responsible partner to care providers seeking data-related advice; practices of varied sizes and disciplines across the 50 states in the U.S. have stood to gain from our data backup plans & advice, and been able to respond to HIPAA’s safety and security norms positively. As medical data management continues to influence clinical and operational efficiency, our team of experts in data management is committed to transform your data centers into secure, instant, and HIPAA-compliant.

Medical Billers and coders (MBC) is one of the leading Medical Billing Companies in USA & help doctors to shortlist Medical Billing Companies, Medical Billing Services according to their preferences of specialty, city, software and services performed.