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Insights to guide your practice. 

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CMS: Medicare ACOs have saved $372M

by Kaitlyn Houseman on September 19, 2014

Medicare accountable care organizations (ACOs) have improved patient care and produced $372 million in savings for the program, according to performance results released by the Centers for Medicare & Medicaid Services (CMS).

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Topics: ACO, CMS

How to Solve the Biggest Problems with Self Pay Patients

by Kathy Kuhn on September 18, 2014

When it comes to self-pay patients there are two kinds. There are patients that have healthcare plans with high deductibles and copays and then there are patients with no health insurance whatsoever. The latter will become less common due to the recent changes under the health reform law. The health reform law includes an individual mandate, requiring every American to have health coverage, with just a few exceptions. With this mandate comes a number of health plans with high deductibles and patients with health insurance that are not familiar with how health plans work. High deductible plus patients that don't understand payment obligations equals an increase in bad debt for your practice.

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Topics: Revenue Cycle Management, Self-Pay

Register Today for eCQMs 101 Webinar on September 18

by Kaitlyn Houseman on September 16, 2014

National Health IT Week is September 15-19, 2014. CMS will mark the week by hosting several webinars and launching new resources on eHealth University that help providers participate in eHealth programs. For the latest news and updates on CMS’ Health IT activities, visit the CMS eHealth website.

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Topics: CMS

Register Today for CMS and ONC Webinar on September 16th

by Kaitlyn Houseman on September 11, 2014

CMS invites you to join a joint webinar with ONC about recent regulatory updates, including the  CMS 2014 CEHRT Flexibility final rule, and the  ONC 2014 Edition Release 2 final rule. The presentation will be held on  September 16th from 2:30 – 3:30pm ET during National Health IT Week.
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Topics: CMS

Broadband Access: Exclusions and Hardship Exceptions May Apply

by Kaitlyn Houseman on September 10, 2014

CMS offers exclusions and hardship exceptions for eligible professionals who face challenges in meeting meaningful use objectives that require that they and their patients have broadband access and Internet connectivity.

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Topics: CMS

2014 Survey Reveals Insight Into Physicians' Incomes, Attitudes & Practice Changes

by Kaitlyn Houseman on September 10, 2014

Medscape's 2014 survey of more than 24,000 physicians provi des insights into doctors' incomes, attitudes, and practice changes as a result of healthcare reform. Between December 11, 2013 and January 24, 2014, physicians in 25 specialties participated in providing detailed information that helps answer questions such as:
  • Who earns more? Employed or Self Employed Physicians
  • Which specialty is the earning leader in 2014?
  • Which physicians feel most failry compensated?
  • Who spends more than 40 hours per week seeing patients?

 

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Topics: Revenue Cycle Management

Most Physician Practices Considering a Different EMR

by Nicole Laucks on September 3, 2014

Have you been wanting to pull the plug on your EHR software? You're not along. According to a new KLAS report, Ambulatory EMR Perception 2014: New Leaders Emerging as Market Shifts, more than 25% of large and small physician practices are considering replacing their electronic health record systems. KLAS interviewed more than 400 small and large physician practices about their EMR software solutions. Researchers found that many physician practices are considering replacing their electronic health records software. In fact 27% were considering replacing their EHR system while 12% wanted to replace their EHR but face financial or organizational barriers.

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Topics: EHR

New CMS Rule Allows Flexibility in Certified EHR Technology for 2014

by Kaitlyn Houseman on September 2, 2014

The Department of Health and Human Services (HHS) published a final rule on August 29, 2014, that allows health care providers more flexibility in how they use certified electronic health record (EHR) technology (CEHRT) to meet meaningful use for an EHR Incentive Program reporting period for 2014. By providing this flexibility, more providers will be able to participate and meet important meaningful use objectives like drug interaction and drug allergy checks, providing clinical summaries to patients, electronic prescribing, reporting on key public health data and reporting on quality measures.

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Topics: EHR, CMS, Incentive Programs

Review New FAQs for the EHR Incentive Programs

by Kaitlyn Houseman on August 28, 2014

To keep you updated with information on the Medicare and Medicaid EHR Incentive Programs, CMS has recently added three new FAQs to the  CMS FAQ system . We encourage you to stay informed by taking a few minutes to review the new information below.
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Topics: EHR, CMS

Is an ACO Right for Your Practice?

by Kaitlyn Houseman on August 25, 2014

It's not hard to recognize the popularity of Accountable Care Organizations (ACOs) considering the number of ACOs has risen from 32 in 2011 to over 600 today. The ACO health care model is part of the 2009 Patient Protection and Affordable Care Act (PPACA), and payers hope that ACOs will save money while improving quality.

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Topics: ACO

Now Available: Reporting Guides to Help Providers Submit 2014 Clinical Quality Measures

by Kaitlyn Houseman on August 18, 2014

2014 CQM Electronic Reporting Guides for Eligible Professionals and Eligible Hospitals

Are you an eligible professional or eligible hospital participating in the Medicare EHR Incentive Program? If so, CMS has posted two new materials to help you report clinical quality measures (CQMs) in 2014, including: 

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Topics: CMS

100 Hours of Meaningful Use Stage 2 Attestation: A Success Story

by Kaitlyn Houseman on August 15, 2014

Stasia Kahn, a physician in the Chicago suburbs, spent 100 hours attesting to meaningful use stage 2 requirements. Many were easy. Some were hard. She feels it was worth the work she invested in it.

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Topics: eClinicalWorks, Incentive Programs

4 Key Metrics Everyone in the Healthcare Industry Should Be Using to Measure Revenue Cycle Management

by Kaitlyn Houseman on August 14, 2014

When it comes to revenue cycle management, limited information can lead to poor decisions. Management decisions need analytics. The financial sustainability depends on the performance outcomes but tracking the right analytics is critical to managing the billing operations.

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Topics: Revenue Cycle Management, Practice Management

130 Million Patients Will Receive Accountable Care by 2017

by Kaitlyn Houseman on August 8, 2014

Accountable care organizations (ACOs) and value-based purchasing arrangements will be responsible for the care of 130 million patients by 2017, predicts a report by Parks Associates.  Accountable care will generate nearly $1 billion in revenue for healthcare providers in 2014 as they transform into ACOs and patient-centered medical homes (PCMH).

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Topics: ACO

5 Ways Outsourcing Medical Billing is Like Buying Your First Car

by Kaitlyn Houseman on August 5, 2014

Remember purchasing your first car; walking the car lot, searching through the auto trader, and feeling completely overwhelmed?  The process of buying your first car and the process of selecting a medical billing / RCM firm for your practice contains many similarities.  Here are 5 ways outsourcing the medical billing is like buying your first car.

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Topics: Revenue Cycle Management

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