Electronic Medical & Health Record Implementation. Is the Time Now? January 2007

Size: px
Start display at page:

Download "Electronic Medical & Health Record Implementation. Is the Time Now? January 2007"

Transcription

1 January 2007 & Health Record President and Chief Executive Officer

2 - There has never been more emphasis or focus on electronic medical records (EMRs) and now electronic health records (EHRs), than there is now for group practices and healthcare organizations of all sizes. EMRs have now converted into EHRs, based on the rising need commonly referred to as interoperability. In other words, EMR utilization was primarily limited to a particular practice; however, EHR is interoperable among particular practices, hospitals and other providers. This may sound like another round of Community Health Information Networks (CHINs), but still, national legislative discussions, payer programs like pay-for-performance, Medicare initiatives focused on quality of outcomes, and growing regional and local coalitions ensure EMRs and EHRs are top-of-mind for every physician in the country. While most would agree that the introduction of technology in the clinical setting opens up many interesting possibilities for driving the use of data and improving efficiency, the majority of group practices today do not utilize EMRs or EHRs. Regardless, the message is clear technology will play an increasing role in the daily expectations around the patient encounter at all levels. This paper discusses general benefits linked to EMR/EHR technology, common EMR/EHR adoption inhibitors, as well as creative strategies to bypass these inhibitors to realize the benefits of a successful implementation of these useful and valuable tools. What are Common Benefits to Implementing EMR/EHR Technology? In general, just like any technology, EMR/EHR benefits can be categorized into cost savings/control and revenue-enhancement opportunities. Here are some common views of the benefits to implementing an EMR or EHR within a medical practice: Cost Savings/Control Staff Productivity Chart access and availability Results access and availability Decreased chart pulls Decreased paperwork to patients Workflow optimization through electronic tools Inbound and outbound electronic document management Electronic referrals management Provider Productivity Chart access and availability Results access and availability Inbound prescription management Outbound prescription management Automated review and electronic signature of clinical data Practice Overhead Reduction in overtime Reduction or elimination of transcription costs Elimination of paper supplies and paper-based services Reduction in clerical-support needs Reduction or elimination of storage space 1

3 Revenue Growth Improved documentation supporting revenue cycle management activities Increased contract-negotiation power via outcome data to support revenue cycle management data Participation in clinical trials Ability to analyze discrete data to empower delivery of new or more profitable services The Cost Savings/Control and Revenue Growth lists are by no means representative of the benefits that every practice will receive as a result of EMR implementation, but rather a listing of the more common opportunities. Given These Potential Benefits, Why Isn t Everyone Automating Their Clinical Data? HIPAA, interfacing capabilities, legal issues and competition continue to hamper the necessary agreements required to enter into the EMR/EHR world. We expect these overriding challenges, in addition to the expected high cost and fragmentation of the marketplace, to continue to slow the adoption of EMR/EHR in private-practice settings. Several key observations that serve as the basis for this opinion include: Pricing pressure on medical groups continues and is expected to continue to exist in the future - Is the provider going to be paid more and faster for using technology sufficient enough to pay for the investment? The size of physician groups is increasing, but the market remains very fragmented Hospitals face challenges independent of their affiliated physician communities due to crude quality measurements The federal government has unsuccessfully attempted to provide the necessary vehicles to fund, operate and legislate an EHR integrated delivery system Evidence of the lack of data security has arisen recently from very large groups - The Department of Veterans Affairs (VA) suffered two data theft incidents in 2006, the first in May when identities and disability information on 26.5 million veterans was stolen, and the other in August when information on 16,000 veterans, including claims information was stolen Physicians are becoming worried about who is looking at their data and the decisions they are making on behalf of their patients What is the Future of EMR/EHR? We believe that a digitized, portable, patient-centric medical record will be a solid component of the future healthcare delivery system. The key questions are when and who will pay for the technology. With HRA/HSA accounts and reduced-fee schedules, it is doubtful that privatepractice physician groups will have the funds to see patients, invest in medical technology and invest in EMR/EHR technology that might not increase payments on a per RVU or CPT code basis. Patients are unlikely to change physicians on adoption of EMR. 2

4 What is the Current Status of EMRs and EHRs? According to Health Information Technology in the United States: The Information Base for Progress, a report by the Robert Wood Johnson Foundation and the federal government's National Coordinator for Health Information Technology: Less than 10 percent of physicians fully utilize information technology Only 25 percent of physicians use some form of EHR today, which is unchanged from years prior There is no standard definition of what an EHR is and what adoption means Additionally, The 2006 Physicians Practice Technology Survey: Piecing IT Together, published in the September edition of Physicians Practice, provides the following insights (Note: The sample size was 365 practices, evenly split among primary care and medical specialty practices, 75 percent of which had fewer than five providers.): Finding: The number of responding physicians who have implemented an EMR has dropped from 40 percent to approximately 35 percent from 2005 to This might result from practice consolidation within the reporting groups, hospitals redefining their physician relationships within their community, and like practices seeking large practice economies-of-scale with operating and capital expenses - There appears to be confusion in the marketplace on what EMR functionality is and should be, which is decelerating purchasing decisions Finding: The number of practices that do not plan to adopt an EMR has increased from 20 percent to approximately 25 percent in a year - There are worries that a digitized EMR will aid in a practice s compliance review, as well as CMS and other agencies, leading to easier and more adverse compliance reviews - Being a middle adopter to technology is not a bad strategy depending on market and practice conditions - Revenue pressures continue to depress funding sources for practices Finding: More than 85 percent of practices that have implemented an EMR indicate more efficient workflow - There is no doubt medical practices are drowning in paper and a digitized medical chart will enable practices to be more efficient in the future - Reaching efficiency with an EMR adoption requires a complete review of financial and clinical processes to mimic one another; adjusting the EMR to meet your current practice flow will impede any efficiency and cash flow to the practice 3

5 Finding: More than 50 percent of practices do not use an electronic coding system - There continues to be turmoil over coding within the industry that recedes based on the specialization of a medical practice and tenure of its physicians - This low percentage may validate a partial implementation of various EMR modules within a practice Finding: More than 51 percent of practices laid-off staff after the implementation of an EMR, while 32 percent kept staffing levels the same; only 6 percent of practices indicated an increase in staff to manage the new EMR technology - From our customer base and various software providers, each provider averages four to six FTE support staff to operate the practice; many of the manual clerical functions today are eliminated by a successful EMR implementation - However, an EMR will generally add additional FTE support within or outside the practice as the IT technology, disaster support and interface requirements are usually not housed within a practice - Providers must manage the difficult change from a manual process to an electronic process whereby costs will increase within the transition period Finding: There was a wide disparity in the per-provider software-license cost, from more than 50 percent of respondents at $500 per physician, to 22 percent with more than $6,000 per physician Finding: More than 58 percent of respondents indicated a 30-day installation process with more than 15 percent indicating the installation process is not complete; additionally, more than 50 percent of respondents indicated the selection process to take at most a month - These facts indicate that the definition in feature functionality of various EMRs is a broad chasm - A 30-day installation process does not appear to be sufficient to implement the simplest core elements of an EMR being (a) automated charge capture and (b) digitized medical chart - Like the definition of an EMR, the definition of go live is a deep and broad chasm that can burn money - From our review, the software appears to be the least expensive part of the process; the best money invested is in the installation, training and go-live process, however, this go-live money has a short half-life due to the complexity of the installation process and experience level of the vendor staff Finding: More than 78 percent of respondents indicated they are not using a voice recognition system - Voice recognition technology continues to improve, however, complex medical terminology represents a hurdle that can be overcome with a large amount of practice; with a 30-day installation cycle, it is doubtful a voice recognition system can be effective 4

6 Finding: EMR ROI is a mixed bag; 55 percent of respondents reported a positive ROI, while 45 percent indicated no ROI - ROI is a broad term that indicates the practice is making more money on a per unit or RVU basis - It is early, but there is little evidence to date that a practice using an EMR makes more money on a per CPT code or RVU basis, or more net distributable income to the physician - Practices that are not performing on a revenue cycle basis should reap some lift in revenue by getting more of their charges into the practice management system; however, why invest in technology application to fix a simple management issue? - Many of the EMR vendors are branding their technology with a practice management or revenue cycle component, as these expensive applications will not sell without higher per unit or RVU revenue; however, we have not seen these vendors hang around to determine whether or not the technology increases per unit or RVU revenue - ROI must be greater than the elimination of paper medical charts Finding: More than 60 percent of respondents indicated their practice management system was not doing everything they wanted with more than 61 percent indicating the deficiency was in reporting - It is estimated that more than 500 practice management systems exist today - There is no silver bullet with one system that can do everything to optimize the revenue cycle of the practice - Additionally, the revenue cycle of the practice must change to meet the capabilities of the system versus the opposite; new technology allows one to make the same mistakes much faster and more complex; have you ever heard of a bad practice management installation? - Today, there are huge volumes of reports being produced without a key question that needs an answer; too much time is spent on producing reports versus analysis MedSynergies Position We believe that EMR/EHR will become a core technology that will allow a medical practice to meet the needs of its patients within the communities they serve. However, early adoption of technology can be painful and can scar future initiatives whereby the cost of non-compliance may be high. Additionally, time only increases the beneficial nature of technology in terms of lowered costs, better vendor experience and proven feature functionality. We continue to review and look for various cost-effective and proven methods to provide an entrance into the digital medical record age. Despite considerable resources devoted to the evaluation of integration of EMR and digital chart solutions, we have not found the application that meets the test during the implementation phase. However, we continue to look for new technology applications in this arena to enable our customers to continue to optimize their revenue cycle as well as their clinical cycle. 5

7 We look forward to providing additional information as it becomes available; meanwhile, here are some recommendations. Recommendations for Navigating the EMR or EHR Decision Process First, it is critical that any practice looking into the possibilities of EMR implementation focus its attention on strategic planning for the organization prior to engaging product-specific solutions. Create a Vision for the Future State Clearly define what the future state of clinical automation will look like for your practice in terms that everyone within the practice can envision. This will help center your decision-making on key execution steps, metrics for understanding benefit, and risk analysis/mitigation planning necessary to ensure successful implementation. Focus on Core Process The key to introducing any technology into the practice is to understand the technology is not a magic answer in and of itself. Understanding current needs as they relate to the introduction of EMR or EHR and using the technology to support a well-thought out process will drive additional value. Understand the Relationship to Revenue Cycle Process and Tools The reality of the situation is that, while EMR will continue to play a role in the revenue cycle, by itself it is not a technology today that will guarantee revenue cycle excellence. Attention to the revenue cycle should not be discounted in the evaluation or implementation of the EMR. In fact, the overall implementation of the EMR should be factored in a way that maintains and enhances revenue cycle performance. Incremental Based on practice need and resources, more than likely, a phased approach to the implementation of an EMR or EHR will net the greatest buy-in, adoption across the medical staff, and the best chances at showing a return on investment through quantifiable benefits. Using this methodology, medical staff can be transitioned from their current paper-based clinical workflow to the vision of automated clinical workflow that will produce the long-term benefits in the practice described previously. For example, a practice today that does not have any clinical automation will likely benefit greatly by taking the first step of implementing an EMR module that will focus on the digitizing of current clinical documents and the electronic workflow associated with these documents. This step allows for the introduction of technology to the medical staff without radical change in their encounter experience, while enabling a gradual shift away from reliance on the paper chart. Summary There is no doubt that the U.S. healthcare system will evolve toward interoperable EHR/EMRs to provide better care. The funding, HIPAA, Stark, cost burden, fragmentation of the marketplace, technology interfaces and pricing pressures will hinder its rapid adoption; however, all parties agree that the status quo must change. With such agreement, there will be many failed and successful attempts at this process. 6

8 A key element upon selection will be how to manage the broad and deep impact of the installation and transition of an EHR/EMR while maintaining cash flow to fund the practice operation. Practice management bandwidth is the missing asset in the process. Because of this potential for complexity, it may be difficult for even a technology-savvy organization to clearly distill a vision for its future state. If one s organization is having this type of difficulty, a key first step would be aligning with a recognized, trusted business partner. The implementation of solutions within a medical organization should bring the intended benefit, not become a lost or sunk investment. An organization rich in vision and process planning, which is ready and willing to apply detailed analysis that encompasses both clinical and financial needs is poised for success. The inventory of EHR vendors approved by the Certification Commission for Healthcare Technology (CCHIT) is available online at: 7

9 President and Chief Executive Officer John Thomas has been with MedSynergies since its inception in 1996, when he began as senior vice president and managing director of development. While at MedSynergies, Mr. Thomas has held positions such as senior vice president and chief financial officer, and has been a member of the board of directors since Prior to joining MedSynergies, Mr. Thomas was the vice president of the newly formed HealthCare Finance Group for Bank One. He was also the assistant vice president for Texas Commerce Bank, where he focused on hospitals, emerging healthcare markets, core finance and revenue. About Now serving 1,000 healthcare providers in 23 states, MedSynergies provides revenue cycle services and integrates leading software programs into the daily operations of healthcare organizations. Founded in 1996, MedSynergies serves physicians in hospitals, specialty medical groups, ambulatory surgical centers, rehabilitation centers, and independent practice associations (IPAs). Based in Irving, Texas, the company has regional offices across the United States. For more information on MedSynergies, please visit Mr. Thomas is a national speaker on topics such as revenue cycle management, billing and collections processes and capitalization, raising funds, bank debt, turnaround and high/low debt revenue. Mr. Thomas received his Master of Business Administration, with honors, from the University of Texas Graduate School of Business. While at the University of Texas, he focused on finance and management and was selected as the Sword Scholar and received the Dean s Academic Award. Mr. Thomas received his Bachelor of Arts from the University of Arkansas Corporate Drive Third Floor Irving, Texas Copyright 2007 No reproduction, in whole or part, without written permission.

December 2008. Outsourcing, Enablement, Enlightenment. John R. Thomas President and Chief Executive Officer MedSynergies, Inc.

December 2008. Outsourcing, Enablement, Enlightenment. John R. Thomas President and Chief Executive Officer MedSynergies, Inc. December 2008 President and Chief Executive Officer Revenue cycle management (RCM) for healthcare includes a series of complex processes: charge entry, claims production, payment processing, A/R management,

More information

The ABCs of Claim Rejects: Causes, Identification and Resolution

The ABCs of Claim Rejects: Causes, Identification and Resolution June 2008 The ABCs of Claim Rejects: Causes, President and Chief Executive Officer The ABCs of Claim The ABCs of Claim Healthcare rivals only the U.S. military in the use of acronyms to denote various

More information

Accounts Receivable Management:

Accounts Receivable Management: October 2007 : Task versus Denial President and Chief Executive Officer : Task versus Denial The process of medical accounts receivable (A/R) management is truly a misnomer. In a perfect world, accounts

More information

Effectiveness versus Efficiency in Billing. Is Your CBO a Krispy Kreme? August 2007

Effectiveness versus Efficiency in Billing. Is Your CBO a Krispy Kreme? August 2007 August 2007 President and Chief Executive Officer - Faced with increasing billing complexity, initiatives such as National Provider Identifier (NPI) and Patient Quality Reporting Initiative (PQRI), and

More information

Health Reimbursement & Health Savings Accounts (HRAs/HSAs)

Health Reimbursement & Health Savings Accounts (HRAs/HSAs) January 2007 Health Reimbursement & Health Savings Accounts (HRAs/HSAs) President and Chief Executive Officer Health Reimbursement and Health Savings Accounts (HRAs/HSAs) Various funding strategies attempt

More information

Is Your Practice R4R?

Is Your Practice R4R? December 2007 President and Chief Executive Officer Many providers are grappling with a new acronym in the healthcare dictionary: P4P or Pay for Performance. This acronym marks the start of a national

More information

Agenda. Government s Role in Promoting EMR Technology. EMR Trends in Health Care. What We Hear as Reasons to Not Implement and EMR

Agenda. Government s Role in Promoting EMR Technology. EMR Trends in Health Care. What We Hear as Reasons to Not Implement and EMR Agenda A 360-Degree Approach to EMR Implementation Environmental Overview Information on the HITECH Stimulus Opportunities Hospitals, Physicians and Interoperability Preparing for an EMR Implementation

More information

BEYOND THE EHR MEANINGFUL USE, CONTENT MANAGEMENT AND BUSINESS INTELLIGENCE

BEYOND THE EHR MEANINGFUL USE, CONTENT MANAGEMENT AND BUSINESS INTELLIGENCE WHITE PAPER BEYOND THE EHR MEANINGFUL USE, CONTENT MANAGEMENT AND BUSINESS INTELLIGENCE By Richard Nelli, Senior Vice President and Chief Technical Officer, Streamline Health PAGE 2 EXECUTIVE SUMMARY When

More information

You help your patients. We help you» DocComply streamlines your office so you can focus your energy on the what matters most your patients.

You help your patients. We help you» DocComply streamlines your office so you can focus your energy on the what matters most your patients. WHAT IS DOCCOMPLY? We are the all in one solution for Practice Management, Electronic Medical Records & Billing. DocComply simplifies and streamlines the clerical end of your practice as well as the clinical

More information

Decreasing Complexity and Cost of EHR Adoption John Weir President CAPG Policy Committee Meeting February 23, 2010

Decreasing Complexity and Cost of EHR Adoption John Weir President CAPG Policy Committee Meeting February 23, 2010 Decreasing Complexity and Cost of EHR Adoption John Weir President CAPG Policy Committee Meeting February 23, 2010 Presentation Outline About Lumetra Healthcare Solutions (LHS) Current opportunity with

More information

Finding Value and Cost-Savings through the Outsourcing of Medical Billing Services

Finding Value and Cost-Savings through the Outsourcing of Medical Billing Services Finding Value and Cost-Savings through the Outsourcing of Medical Billing Services Introduction Medical practices everywhere have had to adapt to many changes over the last few years. From HIPAA compliance

More information

Certified Electronic Health Record Scheduling Billing eprescribing. The ABEL Meaningful Use Criteria Guarantee

Certified Electronic Health Record Scheduling Billing eprescribing. The ABEL Meaningful Use Criteria Guarantee Med EHR - EMR / PM Certified Electronic Health Record Scheduling Billing eprescribing ABELMed EHR-EMR/PM v11 CC-1112-621996-1 ABELMed EHR-EMR/PM is one of the first products to achieve ONC-ATCB 2011/2012

More information

Certified Electronic Health Record Scheduling Billing eprescribing. Why Consider ABELMed for your practice?

Certified Electronic Health Record Scheduling Billing eprescribing. Why Consider ABELMed for your practice? Med EHR -EMR /PM Certified Electronic Health Record Scheduling Billing eprescribing Better Patient Care... Faster... Why Consider ABELMed for your practice? ABELMed EHR-EMR/PM seamlessly integrates the

More information

A Guide to Choosing the Right EMR Software. A Guide to Choosing the Right EMR Software

A Guide to Choosing the Right EMR Software. A Guide to Choosing the Right EMR Software A Guide to Choosing the Right EMR Software A Guide to Choosing the Right EMR Software Eight Important Benchmarks for Community and Critical Access Hospitals Eight Important Benchmarks for Community and

More information

Selecting The Right EHR Partner: An EHR Return-On- Investment Analysis

Selecting The Right EHR Partner: An EHR Return-On- Investment Analysis Selecting The Right EHR Partner: An EHR Return-On- Investment Analysis Sponsored By: Core Solutions, Inc. www.openminds.com 163 York Street, Gettysburg, PA 17325 Phone: 717-334-1329 - Email: info@openminds.com

More information

SUMMARY OF AAO MEMBERSHIP SURVEY ON ELECTRONIC HEALTH RECORDS

SUMMARY OF AAO MEMBERSHIP SURVEY ON ELECTRONIC HEALTH RECORDS SUMMARY OF AAO MEMBERSHIP SURVEY ON ELECTRONIC HEALTH RECORDS EXECUTIVE SUMMARY: The Academy and its contractor, Medical Group Management Association (MGMA), conducted a survey of the membership on the

More information

Better patient care and better practice management

Better patient care and better practice management www.hitecla.org INTRODUCTION BENEFITS CHALLENGES WHY NOW? INCENTIVES FOR PROVIDERS HOW WE HELP SUMMARY Better patient care and better practice management Using Electronic Health Records in a meaningful

More information

Preventive Treatment for the Provider s Back-office

Preventive Treatment for the Provider s Back-office Preventive Treatment for the Provider s Back-office A Closer Look at Administrative Simplification and the Key Strategies Healthcare Providers Can Take to Prepare By some estimates, nearly a third of every

More information

Electronic Medical Record Acquisition Strategies

Electronic Medical Record Acquisition Strategies Integrating Technology to Enhance Patient and Practice Management The Connected Physician Electronic Medical Record Acquisition Strategies Mark Anderson, FHIMSS, CPHIMSS Healthcare IT Futurist 33+ Years

More information

EHR in ASCs. Big Trends Emerging. Sponsored By

EHR in ASCs. Big Trends Emerging. Sponsored By EHR in ASCs Big Trends Emerging Sponsored By April 2015 2 Introduction EHR in ASCs: Big Trends Emerging Featuring: LoAnn Vande Leest RN, CEO Northwest Michigan Surgery Center Cindy Klein VP, CMIO United

More information

The Case for EHR in Your Chiropractic Practice

The Case for EHR in Your Chiropractic Practice The Case for EHR in Your Chiropractic Practice By Dr. Kevin Sharp, DC 2012 by MedicFusion, Inc. All rights reserved. MedicFusion is a trademark or registered trademark of MedicFusion, Inc. All other company

More information

BEST PRACTICES: Ten Best Practices for Selecting EHR Software

BEST PRACTICES: Ten Best Practices for Selecting EHR Software BEST PRACTICES: Ten Best Practices for Selecting EHR Software Introduction to EHR Software Selection Your degree is in medicine, not computer science. Why then are so many physicians finding themselves

More information

Achieving meaningful use of healthcare information technology

Achieving meaningful use of healthcare information technology IBM Software Information Management Achieving meaningful use of healthcare information technology A patient registry is key to adoption of EHR 2 Achieving meaningful use of healthcare information technology

More information

New From Kalorama Information: EMR 2012: The Market for Electronic Medical Record Systems KLI3804306 Current Physician Usage of EMR

New From Kalorama Information: EMR 2012: The Market for Electronic Medical Record Systems KLI3804306 Current Physician Usage of EMR New From Kalorama Information: EMR 2012: The Market for Electronic Medical Record Systems KLI3804306 Paperless medicine is a key goal of healthcare systems. Kalorama Information has continued to track

More information

Four Years On: From HITECH to Optimization

Four Years On: From HITECH to Optimization Four Years On: From HITECH to Optimization 2 Overview Healthcare Provider IT Marketplace and Impact of Last Four Years Calculating the ROI Associated with Healthcare IT Investments Establishing a Monitored

More information

Unified Patient Information Management Improving the Way Patient Data is Accessed, Exchanged and Managed

Unified Patient Information Management Improving the Way Patient Data is Accessed, Exchanged and Managed Unified Patient Information Management Improving the Way Patient Data is Accessed, Exchanged and Managed CONTENTS Introduction... 1 The Impact of Poor Patient Information Management... 2 The Solution:

More information

DATA SHEET. Gain a Single Universal Connection. NetDirector HIE. Attorney. to all your trading partners... Laboratories.

DATA SHEET. Gain a Single Universal Connection. NetDirector HIE. Attorney. to all your trading partners... Laboratories. DATA SHEET Gain a Single Universal Connection to all your trading partners... Laboratories Electronic Health Record Emergency Room Attorney IP Clinical NetDirector HIE PACS System Other Hospital Systems

More information

Innovative technology Advancing patient care.

Innovative technology Advancing patient care. Innovative technology Advancing patient care. Innovative technology. Advancing patient care. iknowmed SM Generation 2 is a powerful web-based electronic health record (EHR) developed in collaboration with

More information

Using Return-On-Investment Analysis To Guide Purchasing Decisions For Electronic Medical Recordkeeping Systems:

Using Return-On-Investment Analysis To Guide Purchasing Decisions For Electronic Medical Recordkeeping Systems: Using Return-On-Investment Analysis To Guide Purchasing Decisions For Electronic Medical Recordkeeping Systems: A Model For Assessing The Financial Return Of Behavioral Health & social service Agency Clinical

More information

The Physician Productivity Hit

The Physician Productivity Hit WHITE PAPER The Physician Productivity Hit Addressing the Efficiency Failures and Design Flaws of EHR Systems in Medical Practices Abstract Immediate and dramatic loss of productivity is one of the most

More information

United States HIT Case Study

United States HIT Case Study center for health and aging Health Information Technology and Policy Lab Howard Isenstein, Vice President for Public Affairs and Quality, Federation of American Hospitals Summary U.S. adoption of health

More information

Life Sciences Group. Electronic Medical Records: 2011 Outlook

Life Sciences Group. Electronic Medical Records: 2011 Outlook Life Sciences Group Electronic Medical Records: 2011 Outlook $ in Billions EMR: The Push for Implementation The global Electronic Medical Record (EMR) market is expected to grow to $9 billion by 2015.

More information

Healthcare Performance Management Strategies for Highly Efficient Practices

Healthcare Performance Management Strategies for Highly Efficient Practices A Mariner White Paper Healthcare Performance Management Strategies for Highly Efficient Practices By Rob Capozziello, Practice Manager Michael McCarthy, Business Development Manager Mariner, Healthcare

More information

SYSTEMS. White Paper EHR Migration Guide - Ensuring Patient Safety, Satisfaction and Clinical Adoption

SYSTEMS. White Paper EHR Migration Guide - Ensuring Patient Safety, Satisfaction and Clinical Adoption SYSTEMS White Paper EHR Migration Guide - Ensuring Patient Safety, Satisfaction and Clinical Adoption TABLE OF CONTENTS Introduction 3 Data Matters 3 Data Migration 4 Data Availability 4 Data Archiving

More information

The State of EHR Adoption: On the Road to Improving Patient Safety

The State of EHR Adoption: On the Road to Improving Patient Safety The State of EHR Adoption: On the Road to Improving Patient Safety SPONSORED BY VMWare The State of ehr adoption Whether the designation is electronic medical records (EMR) or electronic health records

More information

The Economic Effect of Implementing an EMR in an Outpatient Clinical Setting

The Economic Effect of Implementing an EMR in an Outpatient Clinical Setting Reprinted from Volume 18, Number 1 Winter 2004 Original Contributions The Economic Effect of Implementing an EMR in an Outpatient Clinical Setting Scott Barlow, MBA, Jeffrey Johnson, MD, Jamie Steck, MBA

More information

Rethinking Radiology Workflow Automating Workflow Processes

Rethinking Radiology Workflow Automating Workflow Processes Available at: http://www.corepointhealth.com/whitepapers/rethinking-radiology-workflow Rethinking Radiology Workflow Automating Workflow Processes Executive Summary Imaging centers are targeting both internal

More information

EMR BIG BOX DISSATISFACTION Pushes Demand for Specialty Specific Systems

EMR BIG BOX DISSATISFACTION Pushes Demand for Specialty Specific Systems WHITE PAPER EMR BIG BOX DISSATISFACTION Pushes Demand for Specialty Specific Systems ONE SIZE DOES NOT FIT ALL General Practice EMR Dissatisfaction Pushes ONE SIZE DOES NOT FIT ALL Due to the unique needs

More information

ICD-10 and Computer-Assisted Coding: Using the 2013 Mandate as an Opportunity for Business Process Enhancements and Cost Savings Today

ICD-10 and Computer-Assisted Coding: Using the 2013 Mandate as an Opportunity for Business Process Enhancements and Cost Savings Today M*Modal White Paper ICD-10 and Computer-Assisted Coding: Using the 2013 Mandate as an Opportunity for Business Process Enhancements and Cost Savings Today M*Modal delivers innovative solutions that capture

More information

Harnessing the Untapped Potential of EHR Systems

Harnessing the Untapped Potential of EHR Systems CASE STUDY Harnessing the Untapped Potential of EHR Systems TalkChart Transforms the Documentation Efficiency of the Child & Adolescent Psychiatry Department of a Large Academic Institution Electronic

More information

Goals and Objectives for Electronic Health Record (EHR) Implementation

Goals and Objectives for Electronic Health Record (EHR) Implementation Goals and Objectives for Electronic Health Record (EHR) Implementation Guidelines Provided By: The National Learning Consortium (NLC) Developed By: Health Information Technology Research Center (HITRC)

More information

WHITE PAPER GROW REVENUE WITH HEALTHCARE LOCKBOX SERVICES

WHITE PAPER GROW REVENUE WITH HEALTHCARE LOCKBOX SERVICES WHITE PAPER GROW REVENUE WITH HEALTHCARE LOCKBOX SERVICES 2013 WAUSAU FINANCIAL SYSTEMS, INC. All Rights Reserved. All other copyrights cited herein are the property of their respective owners. TABLE OF

More information

Innovative EHR solutions for the way you work.

Innovative EHR solutions for the way you work. Innovative EHR solutions for the way you work. Innovate. Integrate. Collaborate. At Document Storage Systems, Inc. (DSS), we empower health systems and hospitals to enhance patient care by adopting VistA-based

More information

The Electronic Medical Record (EMR)

The Electronic Medical Record (EMR) Journal of Applied Medical Sciences, vol. 2, no. 2, 2013, 79-85 ISSN: 2241-2328 (print version), 2241-2336 (online) Scienpress Ltd, 2013 The Electronic Medical Record (EMR) PeterChris Okpala 1 Abstract

More information

5 Barriers to EHR Replacement

5 Barriers to EHR Replacement Ease EHR replacement worries and succeed 5 Barriers to EHR Replacement Introduction 1 2 3 4 5 Haven t you spent enough money already? Training again Turn a burden into an opportunity! Am I going to lose

More information

Meaningful HIE to. Advance. your Connectivity

Meaningful HIE to. Advance. your Connectivity Meaningful HIE to Advance your Connectivity Meaningful Use interoperability, quality improvement, data analytics, patient health records (PHRs), health information exchange (HIE) These buzz words can create

More information

Where to Begin? Auditing the Current EHR System

Where to Begin? Auditing the Current EHR System Chapter 1 Where to Begin? Auditing the Current EHR System After implementation, allow for a period of stabilization, so physicians and employees can gain more comfort using the electronic health record

More information

Rebecca Armato Executive Director, Physician & Interoperability Services Huntington Memorial Hospital, Pasadena, California

Rebecca Armato Executive Director, Physician & Interoperability Services Huntington Memorial Hospital, Pasadena, California EHR Adoption: From Those That Have Gone Before Rebecca Armato Executive Director, Physician & Interoperability Services Huntington Memorial Hospital, Pasadena, California Disclosure 30 Years Healthcare

More information

ROI CASE STUDY DIGITECH SYSTEMS AIG

ROI CASE STUDY DIGITECH SYSTEMS AIG ROI CASE STUDY DIGITECH SYSTEMS AIG THE BOTTOM LINE AIG used Digitech Systems and services from Digiscribe to scan and automate its paper-based files. This enhanced productivity and overall efficiencies,

More information

How to Best Select an EHR and The new HITECH Stimulus Act What you need to know

How to Best Select an EHR and The new HITECH Stimulus Act What you need to know How to Best Select an EHR and The new HITECH Stimulus Act What you need to know Presented by Scott Heaton Vice President, Maxwell IT Company 2009 Maxwell IT Company. All Rights Reserved. Session Goals

More information

Transforming Healthcare in Emerging Markets with EMR adoption

Transforming Healthcare in Emerging Markets with EMR adoption Transforming Healthcare in Emerging Markets with EMR adoption Author Ann Geo Thekkel User Experience. Accenture, India Ann.geothekkel@accenture.com Abstract Compromising 24 countries, 35 percent of the

More information

TIPS FOR SELECTING AN ELECTRONIC HEALTH RECORD FOR YOUR PRACTICE 2009

TIPS FOR SELECTING AN ELECTRONIC HEALTH RECORD FOR YOUR PRACTICE 2009 TIPS FOR SELECTING AN ELECTRONIC HEALTH RECORD FOR YOUR PRACTICE 2009 It is important to understand that if you wish to participate in incentive payments offered by the federal government, you will need

More information

TRANSITIONING TO ELECTRONIC MEDICAL RECORDS: KEY ADVANTAGES OF ADOPTING A BEHAVIORAL HEALTH SPECIFIC EMR

TRANSITIONING TO ELECTRONIC MEDICAL RECORDS: KEY ADVANTAGES OF ADOPTING A BEHAVIORAL HEALTH SPECIFIC EMR TRANSITIONING TO ELECTRONIC MEDICAL RECORDS: KEY ADVANTAGES OF ADOPTING A BEHAVIORAL HEALTH SPECIFIC EMR OVERVIEW This whitepaper helps behavioral health care practices navigate the process of adopting

More information

Consolidated Clinical Document Architecture and its Meaningful Use Nick Mahurin, chief executive officer, InfraWare, Terre Haute, Ind.

Consolidated Clinical Document Architecture and its Meaningful Use Nick Mahurin, chief executive officer, InfraWare, Terre Haute, Ind. Consolidated Clinical Document Architecture and its Meaningful Use Nick Mahurin, chief executive officer, InfraWare, Terre Haute, Ind. Helping Doctors Regain Their Voice SM A Whitepaper for the Healthcare

More information

EMR. The Easiest Path to. White Paper. Healthcare Document Management for Provider Organizations

EMR. The Easiest Path to. White Paper. Healthcare Document Management for Provider Organizations The Easiest Path to EMR Healthcare Document Management for Provider Organizations White Paper June 2006 The information contained in this document represents the current view of Compulink Management Center,

More information

Engaging Physicians in Revenue Cycle Management

Engaging Physicians in Revenue Cycle Management Engaging Physicians in Revenue Cycle Management A Texas Health Physicians Group Case Study Sam Civello, Vice President - Texas Health Physicians Group Frank Marshall, President - MedSynergies Health Systems

More information

15 questions to ask before signing an electronic medical record or electronic health record agreement

15 questions to ask before signing an electronic medical record or electronic health record agreement 15 questions to ask before signing an electronic medical record or electronic health record agreement Many definitions exist for electronic medical record (EMR) and electronic health record (EHR). Although

More information

Clintegrity 360 QualityAnalytics

Clintegrity 360 QualityAnalytics WHITE PAPER Clintegrity 360 QualityAnalytics Bridging Clinical Documentation and Quality of Care HEALTHCARE EXECUTIVE SUMMARY The US Healthcare system is undergoing a gradual, but steady transformation.

More information

Healthcare is changing. Are you prepared to change with it?

Healthcare is changing. Are you prepared to change with it? EHR/EMR Disease Management CCHIT Healthcare IT eprescribing Healthcare is changing. Are you prepared to change with it? Telemedicine Digital Data Medical Home Web Applications Interoperability In today

More information

Electronic data interchange and proactive services for customers using revenue cycle management solutions from the Centricity portfolio

Electronic data interchange and proactive services for customers using revenue cycle management solutions from the Centricity portfolio GE Healthcare Electronic data interchange and proactive services for customers using revenue cycle management solutions from the Centricity portfolio imagination at work Accelerate revenue cycle performance

More information

The Financial Case for EHR/RCM Integration. White Paper. The Power of Clinically Driven Revenue Cycle Management. Presented by

The Financial Case for EHR/RCM Integration. White Paper. The Power of Clinically Driven Revenue Cycle Management. Presented by The Financial Case for EHR/RCM Integration The Power of Clinically Driven Revenue Cycle Management White Paper Presented by The Financial Case for EHR/RCM Integration The Power of Clinically Driven Revenue

More information

Accelerating EMR Interoperability with ELINCS. Streamlining Lab Connectivity to Physician EMRs

Accelerating EMR Interoperability with ELINCS. Streamlining Lab Connectivity to Physician EMRs Accelerating EMR Interoperability with ELINCS Streamlining Lab Connectivity to Physician EMRs A New Standard for Electronic Results What is ELINCS? The EHR-Lab Interoperability and Connectivity Standards

More information

Enterprise Analytics Strategic Planning

Enterprise Analytics Strategic Planning Enterprise Analytics Strategic Planning June 5, 2013 1 "The first question a data driven organization needs to ask itself is not "what do we think?" but rather "what do we know? Big Data: The Management

More information

IL-HITREC P.O. Box 755 Sycamore, IL 60178 Phone 815-753-1136 Fax 815-753-2460 email info@ilhitrec.org www.ilhitrec.org

IL-HITREC P.O. Box 755 Sycamore, IL 60178 Phone 815-753-1136 Fax 815-753-2460 email info@ilhitrec.org www.ilhitrec.org IL-HITREC P.O. Box 755 Sycamore, IL 60178 Phone 815-753-1136 Fax 815-753-2460 email info@ilhitrec.org www.ilhitrec.org INTRODUCTION BENEFITS CHALLENGES WHY NOW? HOW WE HELP SUMMARY Better patient care

More information

Electronic data interchange and proactive services for Centricity revenue cycle management customers

Electronic data interchange and proactive services for Centricity revenue cycle management customers GE Healthcare Electronic data interchange and proactive services for Centricity revenue cycle management customers Accelerate revenue perf Key features Tight alignment with payers ensures mandates, updates

More information

White Paper August 2010. Preparing for Profitable. Growth. Virtually ( 2 )

White Paper August 2010. Preparing for Profitable. Growth. Virtually ( 2 ) White Paper August 2010 Preparing for Profitable Growth Virtually ( 2 ) Preparing for Profitable Growth Virtually New Model The Crash of 2008 provided valuable lessons about the need to effectively manage

More information

Considering an EHR? Tips for a successful approach to selecting and implementing the right solution

Considering an EHR? Tips for a successful approach to selecting and implementing the right solution Considering an EHR? Tips for a successful approach to selecting and implementing the right solution Presented by: Chuck Meisel Vice President of Sales, Surgical Notes Agenda Let s define the products Electronic

More information

Meaningful Use, ICD-10 and HIPAA 5010 Overview, talking points and FAQs

Meaningful Use, ICD-10 and HIPAA 5010 Overview, talking points and FAQs Meaningful Use, ICD-10 and HIPAA 5010 Overview, talking points and FAQs Providence Health & Services is committed to using technology and evidence-based practices to deliver the highest quality care in

More information

The Cornerstones of Accountable Care ACO

The Cornerstones of Accountable Care ACO The Cornerstones of Accountable Care Clinical Integration Care Coordination ACO Information Technology Financial Management The Accountable Care Organization is emerging as an important care delivery and

More information

Oracle Insurance Revenue Management and Billing for Healthcare Payers ORACLE WHITE PAPER JULY 2014

Oracle Insurance Revenue Management and Billing for Healthcare Payers ORACLE WHITE PAPER JULY 2014 Oracle Insurance Revenue Management and Billing for Healthcare Payers ORACLE WHITE PAPER JULY 2014 Table of Contents Introduction 1 Oracle Insurance Revenue Management and Billing for Healthcare Payers

More information

Vendor Assessment: The Industry Short List of Electronic Health and Medical Records for Small and Midsize Ambulatory Practices

Vendor Assessment: The Industry Short List of Electronic Health and Medical Records for Small and Midsize Ambulatory Practices Global Headquarters: 5 Speen Street Framingham, MA 01701 USA P.508.935.4445 F.508.988.7881 www.healthindustry-insights.com Vendor Assessment: The Industry Short List of Electronic Health and Medical Records

More information

Effectively Managing EHR Projects: Guidelines for Successful Implementation

Effectively Managing EHR Projects: Guidelines for Successful Implementation Phoenix Health Systems Effectively Managing EHR Projects: Guidelines for Successful Implementation Introduction Effectively managing any EHR (Electronic Health Record) implementation can be challenging.

More information

Each system vendor has tended to solve security in its own way

Each system vendor has tended to solve security in its own way Presentation By Cerner Corporation To the National Committee on Vital and Health Statistics (NCVHS) Hearing by the Subcommittee on Standards and Security On The Impact of the HIPAA Security Rule on Healthcare

More information

WHITEPAPER 6 EHR TRENDS to Watch in

WHITEPAPER 6 EHR TRENDS to Watch in WHITEPAPER 6 EHR TRENDS to Watch in 2015 INTRODUCTION Since the passage of the HITECH Act in 2009, the healthcare industry has undergone rapid changes in technology. The adoption of electronic health records

More information

An Oracle White Paper February 2011. Oracle Revenue Management and Billing for Healthcare Payers

An Oracle White Paper February 2011. Oracle Revenue Management and Billing for Healthcare Payers An Oracle White Paper February 2011 Oracle Revenue Management and Billing for Healthcare Payers INTRODUCTION... 1 ORACLE REVENUE MANAGEMENT AND BILLING FOR HEALTHCARE PAYERS... 3 FEATURES OVERVIEW... 3

More information

WHITE PAPER Linux Management with Red Hat Network Satellite Server: Measuring Business Impact and ROI

WHITE PAPER Linux Management with Red Hat Network Satellite Server: Measuring Business Impact and ROI WHITE PAPER Linux Management with Red Hat Network Satellite Server: Measuring Business Impact and ROI Sponsored by: Red Hat Tim Grieser Randy Perry October 2009 Eric Hatcher Global Headquarters: 5 Speen

More information

Critical Success Factors For Successful ECM System Selection

Critical Success Factors For Successful ECM System Selection 1 Critical Success Factors For Successful ECM System Selection Shane R. Danaher, Client Services, Vice President, DIVURGENT With healthcare reform at the top of our current administration s agenda and

More information

Practice Fusion Whitepaper Creating an IT budget for EMR adoption

Practice Fusion Whitepaper Creating an IT budget for EMR adoption Practice Fusion Whitepaper Creating an IT budget for EMR adoption Robert Rowley, MD Chief Medical Officer December, 2008 501 Folsom Street. First Floor. San Francisco. California. 94105 Introduction The

More information

Successful EHR Change Management

Successful EHR Change Management Successful EHR Change Management Roles and responsibilities White paper Table of contents Executive summary... 2 Introduction... 3 Never underestimate the power of the people... 3 People... 4 From resisting

More information

ICD-10 FAQs for Doctors

ICD-10 FAQs for Doctors ICD-10 FAQs for Doctors What is ICD-10? ICD-10 is the 10 th revision of the International Classification of Diseases (ICD), used by health care systems to report diagnoses and procedures for purposes of

More information

Days in Accounts Receivable Days in Accounts Receivable Greater Than 120 Days Adjusted Collection Rate Denial Rate Average Reimbursement Rate

Days in Accounts Receivable Days in Accounts Receivable Greater Than 120 Days Adjusted Collection Rate Denial Rate Average Reimbursement Rate 1 Many providers are under the impression they can assess the financial health of their practice by evaluating cash flow only. However, cash flow is just one factor. You don't have to be a finance expert

More information

hospitals within a hospital system for other payment purposes and could easily do so for this program as well.

hospitals within a hospital system for other payment purposes and could easily do so for this program as well. Statement by Phyllis Teater on Health Information Technology and the Electronic Health Records Incentive Program submitted to the Committee on Ways and Means United States House of Representatives July

More information

When Assessing CANTIER Manufacturing ERP Software, BENEFIT comes 1 st while COST should only be Secondary

When Assessing CANTIER Manufacturing ERP Software, BENEFIT comes 1 st while COST should only be Secondary When Assessing CANTIER Manufacturing ERP Software, BENEFIT comes 1 st while COST should only be Secondary ERP is an investment in more than just technology. It is investment in the business and its people.

More information

WHITE PAPER. QualityAnalytics. Bridging Clinical Documentation and Quality of Care

WHITE PAPER. QualityAnalytics. Bridging Clinical Documentation and Quality of Care WHITE PAPER QualityAnalytics Bridging Clinical Documentation and Quality of Care 2 EXECUTIVE SUMMARY The US Healthcare system is undergoing a gradual, but steady transformation. At the center of this transformation

More information

Become a Practice Champion. The Crucial Role of Office Managers

Become a Practice Champion. The Crucial Role of Office Managers Become a Practice Champion The Crucial Role of Office Managers Office Manager Responsibilities Oversees the process of patient registration, triage, examination, treatment, and checkout. Develops guidelines

More information

The Role of Integration in Radiology: Moving from Necessity to Leverage

The Role of Integration in Radiology: Moving from Necessity to Leverage The Role of Integration in Radiology: Moving from Necessity to Leverage Larchmont Imaging Associates Insights with Robert Walsh, Director of Professional Services, DLC Technology Solutions, Inc. Biography

More information

MAXIMIZING COLLECTIONS

MAXIMIZING COLLECTIONS MAXIMIZING COLLECTIONS Janice Rutter, Director, Support Services, Merge Healthcare Jon Neal, Ph.D., Vice President, InstaMed Mark Snow, Vice President, RevSpring (formerly PSC Info Group) Tracy Sanders,

More information

Comments to the HIT Standards Committee Implementation Workgroup Implementation Experiences Panel Monday, March 8, 2010

Comments to the HIT Standards Committee Implementation Workgroup Implementation Experiences Panel Monday, March 8, 2010 Comments to the HIT Standards Committee Implementation Workgroup Implementation Experiences Panel Monday, March 8, 2010 Mitzi G. Cardenas, Vice President/ Chief Information Officer Truman Medical Centers,

More information

ELECTRONIC MEDICAL RECORDS. Selecting and Utilizing an Electronic Medical Records Solution. A WHITE PAPER by CureMD.

ELECTRONIC MEDICAL RECORDS. Selecting and Utilizing an Electronic Medical Records Solution. A WHITE PAPER by CureMD. ELECTRONIC MEDICAL RECORDS Selecting and Utilizing an Electronic Medical Records Solution A WHITE PAPER by CureMD CureMD Healthcare 55 Broad Street New York, NY 10004 Overview United States of America

More information

Get EnABELed with ABELMed

Get EnABELed with ABELMed Get EnABELed with ABELMed Electronic Health Record and Practice Management Solutions We focus on your Practice... So you can focus on your Patients Start reaping benefits of ABELMed EHR from day one: Eliminate

More information

Adoption of Information Technology in Healthcare: Benefits & Constraints

Adoption of Information Technology in Healthcare: Benefits & Constraints Adoption of Information Technology in Healthcare: Benefits & Constraints A WiredFox Technologies White Paper 2 Adoption of Information Technology in Healthcare: Benefits & Constraints By Jeff Yelton 3

More information

Ten Overlooked Opportunities For Significant Performance Improvement and Cost Savings

Ten Overlooked Opportunities For Significant Performance Improvement and Cost Savings Ten Overlooked Opportunities For Significant Performance Improvement and Cost Savings Ten Overlooked Opportunities For Significant Performance Improvement and Cost Savings Huron Healthcare s Performance

More information

Competitive Environments

Competitive Environments Industry Signposts 19-2 Competitive Environments arket events will serve as sign posts to assist hospital executives in assessing their IT system environments and strategies relative to their competitive

More information

Steps to Clinical Optimization

Steps to Clinical Optimization WHITE PAPER Steps to Clinical Optimization Improve productivity, user satisfaction and access to data. By: Anthony Odden Senior Consultant Background Clinical optimization refers not only to improving

More information

ROI Release of Information

ROI Release of Information ROI Release of Information Understanding the Process Segments ROI+ a new revenue opportunity for Providers 1 Most Providers believe the following myths: They validate the legitimacy of every Requestor

More information

Disclosure. Tuesday Feb 3 8:30-9:00 AM. Presented by: Mark R. Anderson, FHIMSS, CPHIMS CEO, AC Group

Disclosure. Tuesday Feb 3 8:30-9:00 AM. Presented by: Mark R. Anderson, FHIMSS, CPHIMS CEO, AC Group Tuesday Feb 3 8:30-9:00 AM DRT-enabled EHRs Presented by: Mark R. Anderson, FHIMSS, CPHIMS CEO, AC Group Mark Anderson, FHIMSS, CPHIMSS Healthcare IT Futurist CEO of AC Group Conducted > 300 Technology

More information

Are you on the path to Guaranteed Failure in Implementing an EMR Solution?

Are you on the path to Guaranteed Failure in Implementing an EMR Solution? A RevenueXL Article Are you on the path to Guaranteed Failure in Implementing an EMR Solution? (Part 1) 19925, Stevens Creek Blvd. Cupertino, CA 95014 www.revenuexl.com Are you on the path to Guaranteed

More information

Value of Technology for Community-based Oncology Practices

Value of Technology for Community-based Oncology Practices Value of Technology for Community-based Oncology Practices Exploring the automation benefits of oncology-specific technology for complete charge capture and improved reimbursement The Realities of Declining

More information

What Every Medical Practice Must Do to Optimize Workflow and Maximize Revenue While Decreasing Costs

What Every Medical Practice Must Do to Optimize Workflow and Maximize Revenue While Decreasing Costs What Every Medical Practice Must Do to Optimize Workflow and Maximize Revenue While Decreasing Costs Don t just trust that your staff is maximizing time and revenue. It is up to you to monitor, analyze

More information