Staggering changes in the healthcare market, turbulent costs and increasing regulatory, governance and compliance challenges, entail the evolution of the United States Healthcare industry.
Over the last couple of decades, industry stakeholders have struggled with care provision, patient health information and security, commercialization of the healthcare business, and the introduction of comprehensive and innovative technologies which add value to the whole process of care delivery.
In contrast to traditional paper practices, the potential benefits of Electronic Health Records overshadow paper records in many ways. The benefits range from cost reductions, reduced errors, better compliance and better support for clinical, administrative and financial workflows.
Integrated Electronic Health Record systems include Medical Billing services, which is one of the most important component a healthcare practice can utilize for its revenue generation. Therefore, it is instrumentally important to go for an EHR solution that is billing friendly. A solution which, seamlessly interfaces with the EHR system and provides important patient information such as demographics, appointment schedules and charges.
The features also depend on the care providers clientele along with the type and level of services provided to them. In essence, the features provided should be such that they add value to the practice.
For an EHR to be billing friendly, it must have tools such as charting to document services of patients along with tools for the workflows to manage the visits of patients and the services provided to them.
EHRs also should add value to the practice by providing better access to patient information and the evaluation and management coding system through which, it is possible to verify the type and level of codes.
Lastly, an ideally integrated EHR with Medical Billing Services is not an easy task and takes time to customize, maintain and get used to ’ but when it’s done and the healthcare professionals know how to utilize these services, they can guarantee dramatic increases in their profitability.
