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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/
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Offsetting EHR Bottlenecks to Revenue Cycle Maximization
Presented by, BillingParadise
• 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.
Implement physicians practice-specific,
optimized scheduling, coding, and billing workflows into the
EHR/EMR.
• Manage the complete revenue cycle, starting right from patient check-in to payment receipt.
• Ascertain medical necessity of diagnosis and treatment from the insurance payers’ point of view.
• Verify patients’ eligibility for insurance claims.
• Ensure precise and complete clinical documentation.
• Ensure correct capture of codes for billing and preparation of claims.
• Submit claims in time and track their progress with the insurance payer.
• Analyse denied claims.• Resubmit corrected claims and follow them up.
• Ensure online payment of bills by patients through the patients’ portals.
• 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.
• For More queries on optimizing Complete EHR Billing RCM Support
Contact www.BillingParadise.com or mail us to [email protected]