Directory:Collaborate MD
Practice Management Software Increases Profits and Quality of Patient Care
Health care reform will bring with it an increased demand for physicians. However, it will also bring an increase in rules and regulations that are directly tied to medical reimbursements. However, what is an affordable solution that lessens paperwork, reduces expense, and helps with getting claims accepted to speed up payments so you can continue providing quality patient care?
You make think that the solution is to take advantage of the American Recovery and Reinvestment Act (ARRA) of 2009, the Stimulus Plan, signed by President Obama on February 17th, 2009. It requires physician practices to have a certified Electronic Health Record (EHR) in place to be eligible to receive stimulus payments.
This Stimulus Plan was effected in an effort to preserve and improve healthcare as explained in an article by David Blumenthal, MD, MPP, in the New England Journal of Medicine. But, while a nationwide EHR sharing system will work to prevent medical errors, increase administrative efficiencies, and avoid unnecessary health care costs, it will not help with billing, coding and compliance paperwork that will be even more of a part of day-to-day office operations.
This is why many-sized practices are beginning to ask if there is an affordable integrated solution where required EHR software combines with the practice management software technology.
The integrated idea is actually not so far-fetched, and with the expected demand, there are now options within the industry where you can get just that. These are affordable practice management software solutions that can provide features such as:
• Appointment scheduling • Patient medical records (demographics) • Automatic claims submission • Lab interface • Compliance interface • A complimentary EHR solution • And more
It’s time to eliminate paperwork and streamline your process. A good practice management software solution will actually reduce your stress, increase your profits, and allow you to do what you do best – spend more time with patients and provide the best in quality care.
