It’s no secret that physicians are having a harder time remaining profitable than ever before. Whether it’s declining reimbursements or rising costs, the Affordable Care Act or coding and billing changes, it seems practice success is being challenged at every turn.
Thankfully, physicians don’t have to sit back and accept financial deterioration. Many practices are turning to health IT in an effort to fight back. And it’s working.
In the Health IT Case Study Challenge, CareCloud and QuantiaMD teamed up to ask physicians from across the country how health IT solutions have enhanced their practice. Dozens of entries were whittled down to three finalists whose stories were shared with the QuantiaMD community.
In the free eBook, Family Health Centers of Baltimore discusses how it’s using an EHR to achieve greater discipline when coding. The practice’s patient charting solution validates diagnostic codes by comparing them to billing codes, achieving consistently accurate reimbursements.
Another finalist, the Wright Center for Graduate Medical Education, talks about how they’re using an EHR to automate intensive, manual patient monitoring and management efforts.
“Our flow sheet feature helps us to maintain lab results, tests and treatments for particular diseases that require strict monitoring to prevent fatal adverse effects,” said internist Ghanshyam Ghelani of the Wright Center.
The whitepaper also examines how the Brooklyn Hospital Center (BHC) is improving practice efficiency thanks to its EHR. By allowing the provider to move patients through the office faster without sacrificing the quality of care, financial viability remains optimistic in the face of pay-for-performance payment models.
BHC’s resident physician, Jiten Kothadia, praises their EHR for creating default templates that streamline clinical documentation and identifying at-risk patient populations in need of additional support.
What better place to learn about overcoming healthcare challenges than from other practices conquering the same issues? By reading the whitepaper, you’ll learn:
- The three biggest challenges physicians face today
- How technology can lessen tedious administrative tasks
- What successful health IT installations need from software solutions
- Strategies for handling the industry’s predicted decline in reimbursement rates, and more.
Do you know what you need when setting up a new medical practice?
