Skip to main content

Perfect EHR Solutions can Help Improve Practice Revenues -Avontix


Healthcare is a costly affair and most of the healthcare provided in the US is based on a patient’s insurance coverage, whether it is from insurance players or through Medicare or Medicaid. So, healthcare providers have to take due care and be cautious while registering patients and providing healthcare. Technology comes handy to the facilities in the way of EHR solutions and related software that help in medical eligibility verification in real-time. 

Most of the times, it is observed that medical facilities rely on their administrative and front office staff for insurance verification and medical billing procedures that affect their revenue cycle management. But, these staff is not given the required latest tools to process the information provided by the patients that make their job complicated and results in revenue losses and customer dissatisfaction. 

To avoid this kind of loss, the best way is to start the medical billing process right at the time a patient starts contacting the practice for treatment. Front office staff while collecting the patient information should collect all information regarding the insurance coverage so that it is readily available whenever the required. If this is not done in the initial stages itself, then at the later stages it results in problems in raising claims and those claims being rejected or denied to insufficient information or ineligibility. Thus, insurance eligibility verification at the initial stages itself simplifies the revenue cycle management processes by providing real-time information on medical eligibility and benefits facilitating providers to make informed decisions in time.

Maintaining accurate electronic health records with the help of EHR solutions and allied software, it becomes easier to not just verify insurance eligibility but also tackling issues related to co-pay, co-insurance etc. With these records in place, it becomes possible to avoid any situations where a patient’s insurance plan is expiring or treatment or procedure is not covered by the insurer.

When all the processes of maintaining records and revenue cycle management processes are in place, the facility will see good collections for the services provided and see financial success. For all this to happen, one has to partner with a proficient RCM services provider and EHR solutions provider like Avontix.

Comments

Popular posts from this blog

Hey Medical Transcriptionists, You’ll Love these Smart Online Resources

Who wouldn’t say they like a little extra help, be it at work or anywhere else?! Especially if you are a medical transcriptionist, you could be confused about a peculiar sounding word, the spelling of a doctor’s name that sounds funny, or maybe struggling with an unclear dictation where drug names sound French!We bring you five great sites to help you along the way. Just bookmark them for any-day reference! 1.      OneLook ( www.onelook.com ) You can quickly look up abbreviations, acronyms and medical words/phrases at this awesome online dictionary. It has amazing wildcard search options and other advanced search tools. Wildcard search means looking for a word in the dictionary that you cannot spell. You can check out the wildcards link at the end of the page to know how to use this option. The site’s features are a step ahead of other sites. You can look at the example searches on the home...

Rules and Regulations that Govern Healthcare Documentation -Avontix

Picture courtesy: Google Images Healthcare documentation as the name suggests deals with the documentation of healthcare procedures and treatments provided to a patient. As a way to minimize the workload of physicians in documenting their processes in providing healthcare to patients, healthcare documentation plays a critical role in the healthcare industry and gives the physicians much-needed extra time to spend on looking at a more number patients. For the people in healthcare documentation jobs, it is not just sufficient to master the English language skills and medical terminology to be able to do their work efficiently. There are certain points related to the federal rules and regulations that are to be taken care of while transcribing the data accurately within the set time limits. Professional healthcare documentation specialists are expected to be aware of these legal requirements and act accordingly. Confidentiality of patient information: Medical details of a...

Crazy Productivity Tips that Actually Work!

Everything from music to Facebook, the secret to productivity is in the very things we are asked to avoid!Check out these tips on increasing productivity, the crazy way… 1. Listen to music, dude! If you have a headset on, maybe it won’t go down well with the boss. But then, according to a study at the University of Windsor, Canada, listening to music during work helps people finish their work faster and with a better quality than those who don’t. But if your boss gets to see your head banging before he sees the great work you have accomplished, don’t blame it on us if he fires you! 2. Facebook your way to glory… Mindless tasks such as checking out those nice red pop ups on that blue Facebook ribbon could trick your brain into thinking that it has done something worthwhile. Simply put, it gives you a brain boost. Moreover, a study by Evolvon data from Fortune 500 companies showed a correlation between output per employee and usage of social networks. According to the s...