EHR IMPLEMENTATION IN BILLING: EVERYTHING YOU NEED TO KNOW

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EHR Implementation In BillingEverything you need
to know

• www.capminds.com

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Introduction

• In this digitally driven world, treating patients
  isnt that much complicated for physicians.
• But this sometimes depends on the medical history
  of patients in case of emergencies.
• But thanks to the growing technology in the
  healthcare industry, the need for taking a
  paper-filed medical history along with us for
  every visit has now been reduced with the help of
  electronic health records (EHR)/electronic
  medical records (EMR).

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What Is An Electronic Health Record (EHR)?

• Electronic Health Records (EHR) comes in handy
  for physicians when it comes to treating
  patients, especially the ones with chronic
  illness.
• EHR is the digital version of a patient's paper
  record and helps the healthcare providers or
  physicians to manage the patients medical
  records easily without taking much time and
  increases the providers efficiency by automating
  the clinical workflows.
• These records help physicians to find exactly
  what they are looking for and eliminates manual
  tiresome works.

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EHR vs. EMR The Difference And Benefits

• The terms electronic health records (EHR) and
  electronic medical records (EMR) are commonly
  used interchangeably by many
• The term health in EHR is defined as a state of
  complete physical, mental and social well-being
  and not merely the absence of disease and
  infirmity.
• On the other hand, the term medical in
  electronic medical records means, the things or
  materials related to medical procedures alone,
  involving diagnosis and treatments.
• The interoperability facility is higher in EHR
  than in EMR. The access to EHRs by patients
  enables them to consult various doctors and reach
  various healthcare organizations easily.

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• Medical billing is a crucial process for every
  healthcare organization. And it can be
  challenging for many. Even smaller mistakes and
  errors made in this process can affect the
  revenue of the organizations.

• Importance Of EHR In Billing Integrations
• Paperwork- reduced
• Better and efficient interoperability
• Automated billing process
• Higher patient satisfaction
• Better analytics

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1. Paperwork- reduced

• Tons of paperwork involved in medical billing.
• A dedicated team should be there for doing this.
  And it can be tiresome.
• However, it is possible to minimize the work by
  using an integrated billing system.
• Integrating medical billing can reduce human
  errors and other mistakes.
• It can save the healthcare organization from
  claim rejections and denials to a great extent.

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2. Better and efficient interoperability

• Certified EHR technologies can help organizations
  to achieve interoperability at higher levels.
• EHR billing integrations allow sharing of patient
  data between providers and practitioners. 
• Data and information other than the sensitive
  ones can be accessed by third parties to improve
  patient care.

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3. Automated billing processes

• In this digitally modified world with automated
  processes, medical billing is not left alone.
• EHR integrated medical billing solutions can
  reduce the number of tiring paperwork and
  increases efficiency by automating the processes.
• Automation speeds up the entire process and
  reduces human errors and mistakes which causes
  claim rejections and denials.

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4. Higher patient satisfaction

• You will agree with us when we say that the
  healthcare billing/payment process for a patient
  is a stressful one and can affect their
  satisfaction level. 
• But, when implementing an EHR integrated medical
  billing system, the verification process of
  patients insurance plans can be done faster and
  the waiting time for approval of treatments by
  physicians can be reduced.
• Unforeseen expenses by patients can be avoided by
  letting them know exactly what the payers cover,
  which will create more convenience for both the
  provider and the patient.

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5. Better Analytics

• The important decisions regarding the growth and
  improvements of your clients clinics financial
  operations can be analyzed by taking advantage of
  the EHR integrated billing systems.
• This will help the clients to measure how well
  their clinic is doing and the changes that need
  to be made.
• Analytics furnishes integrated financial and
  administrative data adjacent to the information
  that can support efforts taken in inpatient care,
  better services, and improve existing procedures.

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Challenges/Barriers In Implementing EHR In
Medical Billing
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• Every EHR system cannot handle medical billing
  processes. A billing-friendly EHR can simplify
  your/your clients billing tasks without
  disturbing other patient data.
• Data migration is required to improve
  interoperability, share health/medical history,
  etc. Data migration ensures the reduction of
  errors.
• Training is another barrier to implementing EHR
  in billing. Every new implementation of software
  and processes needs proper training from and to
  the staff who handles them.
• The costs of implementing EHR in medical billing
  are increasing these days. This does not include
  the cost of the software alone, it also includes
  the cost of training and other additional
  resources of the overall package.

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Conclusion

• Integrating EHR into your medical billing
  software is an essential process to ensure your
  practice yields more productivity and
  profitability. This integration also increases
  your practice's efficiency.
• CapMinds, with our 11 years of experience in
  medical billing experience, can empower your
  practice with ease. Our EHR integrated medical
  billing supports HIPAA ASC X12 Version 5010
  Transaction and Code Set Standards.
• We have other features too. What are you waiting
  for? Get started with us today.

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Read More About EHR Medical Billing_at_CapMinds
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CapMinds EHR And Medical Billing
SoftwareContact usCapMinds42240 Mason Ridge
Ct, Brambleton, VA 20148 571.213.3245www.capminds
.com