The nuts and bolts of running a group practice or hospital are covered here. Topics include patient scheduling systems, charge capture interfaces with clinical record systems, and claims submission.
There is a new vendor in the enterprise hospital electronic health records market boasting more than 20 hospitals in the implementation phase since going live in late January with its cloud-based product.
The rise of patient financial responsibilities in the healthcare industry is fundamentally changing how providers think of the revenue cycle, says an executive with claims clearinghouse and revenue cycle management vendor Emdeon.
Venture capital funding for digital health/health IT dropped by about 35 percent in the first quarter of 2015, with $784 million generated by 142 deals versus $1.2 billion from 134 deals in Q4 2014. In fact, Q1 2015 was the lowest quarter for VC funding since Q4 2013.
MCIS, the health information technology unit of Marshfield Clinic, has combined its suite of homegrown electronic health records software with the revenue cycle management software and services of ambulatory vendor CareCloud.
Veteran ambulatory software vendors e-MDs and MDeverywhere have merged after investment firm Martin Equity Partners bought e-MDs, which sells an integrated physician practice management and electronic health records system. Terms of the acquisition were not disclosed.
The U.S. House of Representatives on March 26 easily passed legislation to repeal and replace the Medicare Sustainable Growth Rate reimbursement mechanism for physicians. The bill did not include language to extend the ICD-10 deadline, as the Rules Committee report to the House floor forbid the adoption of amendments.
Although the Centers for Medicare and Medicaid Services established the Physician Quality Reporting System in 2006, for the past few years the pay-for-reporting program has pretty much been relegated to the back burner for most physician practices. Not by choice as much as by necessity.
The HIPAA healthcare electronic funds transfer standard for claims reimbursement from insurers is "EFT via ACH," and it works similarly to Direct Deposit.
How soon are valuable-based payments going to start replacing traditional Medicare fee-for-service reimbursements? Very soon.
The Electronic Healthcare Network Accreditation Commission, which certifies entities that process transactions or exchange health information for meeting best practices, has finalized 2015 criteria for all 15 of its programs.
Health Data Management talked with NextGens Ana Croxton, vice president of EDI products and services, about receiving new accreditation for meeting best practices in operating their practice management systems.
NextGen Healthcare Information Systems and GE Healthcare are the first vendors to receive accreditation of meeting best practices for operating their physician practice management information system product lines under a program of the Electronic Healthcare Network Accreditation Commission.
A new healthcare electronic funds transfer (EFT) standard went into effect at the beginning of the year, and many healthcare professionals are reaping the benefits of the time and money savings it can provide.
Revenue cycle management products had a strong showing at this weeks MGMA Annual Convention in Las Vegas.
Minneapolis-based ABILITY Network, a major Medicare transactions processing vendor, will acquire claims clearinghouse MD On-Line for an undisclosed sum.