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Offsetting EHR Bottlenecks to Revenue Cycle Maximization Presented by, BillingParadise

Offsetting ehr bottlenecks to revenue cycle maximization

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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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Page 1: Offsetting ehr bottlenecks to revenue cycle maximization

Offsetting EHR Bottlenecks to Revenue Cycle Maximization

Presented by, BillingParadise

Page 2: Offsetting ehr bottlenecks to revenue cycle maximization

• 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.

Page 3: Offsetting ehr bottlenecks to revenue cycle maximization

Implement physicians practice-specific,

optimized scheduling, coding, and billing workflows into the

EHR/EMR.

Page 4: Offsetting ehr bottlenecks to revenue cycle maximization

• Manage the complete revenue cycle, starting right from patient check-in to payment receipt.

Page 5: Offsetting ehr bottlenecks to revenue cycle maximization

• Ascertain medical necessity of diagnosis and treatment from the insurance payers’ point of view.

Page 6: Offsetting ehr bottlenecks to revenue cycle maximization

• Verify patients’ eligibility for insurance claims.

Page 7: Offsetting ehr bottlenecks to revenue cycle maximization

• Ensure precise and complete clinical documentation.

Page 8: Offsetting ehr bottlenecks to revenue cycle maximization

• Ensure correct capture of codes for billing and preparation of claims.

• Submit claims in time and track their progress with the insurance payer.

Page 9: Offsetting ehr bottlenecks to revenue cycle maximization

• Analyse denied claims.• Resubmit corrected claims and follow them up.

Page 10: Offsetting ehr bottlenecks to revenue cycle maximization

• Ensure online payment of bills by patients through the patients’ portals.

Page 11: Offsetting ehr bottlenecks to revenue cycle maximization

• 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.

Page 12: Offsetting ehr bottlenecks to revenue cycle maximization

• For More queries on optimizing Complete EHR Billing RCM Support

Contact www.BillingParadise.com or mail us to [email protected]