They say money makes the world go round, but that’s not all that accurate. It actually has more to do with the original formation of our solar system and something called conservation of angular momentum.
Literalness aside, money is still very important to running a practice, and factors like improper EHR usage, HIPAA penalties and claims denials are all contributing to financial losses by physician practices. Thankfully, PYP covered all these topics and then some this week.
Power Your Practice
Illegibility, lack of specificity, missing information, timely filing and varying payer standards are the five most common mistakes causing claim denials. Luckily, adopting quality practice management system can eliminate each of these errors from your revenue cycle.
Improper EHR usage is contributing to medical errors, decreased productivity, and financial losses for physician practices.
Saving money is nice, but saving time can be just as valuable. And according to a report from the Center for Disease Control and Prevention’s National Center for Health Statistics, EHR systems that meet Meaningful Use criteria provide significant timesaving benefits.
First announced in January, the HIPAA Omnibus Rule finally went into effect this past Monday. The 126-page long rule is a tad too long for busy physicians to read in its entirety, so we’ve provided a quick overview of some of the rule’s most important changes.
Federal regulators are seeking tighter restrictions for the facility fees hospitals charge for emergency visits. But is this the right strategy to take?
CareCloud Blog
During last week’s CareCloud webinar on key EHR features, there were many good questions asked by attendees looking to adopt EHR technology. Here are the best of the lot.
Meaningful Use Stage 2 is set to transform patient engagement, but will it limit the way physicians interact with their patients?
CareCloud’s Mike Cuesta was one of the guest speakers at Salesforce Essentials Miami, where he discussed how CareCloud uses the cloud to better connect with customers and deliver a higher level of service.
Do you know what you need when setting up a new medical practice?
