Often, medical practice owners and healthcare providers believe that their existing electronic health record (EHR) and/or project management (PM) systems must be replaced. Common reasons include dissatisfaction with a disjointed clinical workflow, poor revenue cycle...
Articles
Healthcare Process Improvement Strategies 101: What to Consider When Planning Initiatives
Jun 16, 2023 | Articles, Healthcare Consulting
Recalibrating business processes in a medical organization is inevitable. Common motivations for healthcare systems and medical practices to reevaluate operations include: Financial challenges – Reimbursement levels and turnaround times do not meet...
What is the Cures Act?
Jun 14, 2023 | Articles, Healthcare Consulting
As the healthcare industry continues to evolve at a rapid pace, there comes the need for updated regulations and laws. The 21st Century Cures Act Final Rule is one such legislation that aims to modernize healthcare in the United States. This act, which became...
Understanding MIPS Hardship Exemption 2023
Jun 13, 2023 | Articles, MIPS & Quality Consulting
As a healthcare professional, the Merit-Based Incentive Payment System (MIPS) is a term you are all too familiar with. While the program is meant to encourage quality reporting and performance improvement, it can put excess strain on healthcare providers. That is...
athenahealth Training: Customized EHR Coaching to Optimize Practice Operations
Jun 9, 2023 | Articles, Billing & RCM
Like most EHR vendors, athenahealth includes training modules with foundational educational materials created to establish best practices. While Athena training manuals do help, supplemental instruction maximizes return on investment (ROI) and mitigates user...
What is Revenue Cycle Management Healthcare? RCM Explained
Jun 5, 2023 | Articles, Billing & RCM
Revenue cycle management (RCM) is a crucial aspect of healthcare that oversees the proper management of patient billing and insurance claims. How its various stages are managed — from the registration of a patient to the collection of payments for the services...
What Is EHR Optimization in Healthcare & Why It Is Important
May 31, 2023 | Articles, EHR (Electronic Health Records)
TABLE OF CONTENTS What Is EHR Optimization? Creating EHR Optimization Strategy: Step by Step Step 1: Preliminary Research Step 2: Gather Pain Points from All Users Step 3: Evaluate Technology and People Step 4: Assemble a Task Force Step 5: Make Adjustments Step 6:...
Clinical Workflow Optimization: Solutions and Strategies for Medical Practices
May 30, 2023 | Articles, Healthcare Consulting
Workflow optimization assists healthcare providers by streamlining clinical operations, making daily routines efficient and less time-consuming. The time saved can be redirected to delivering high-quality care to patients. In short, fine-tuning workflows, coupled with...
Maximizing EHR Gap Analysis for Private Equity Investors
May 18, 2023 | Articles, EHR (Electronic Health Records)
With healthcare becoming increasingly complex, electronic health records (EHRs) have the potential to facilitate the management and sharing of patient data, save time for healthcare providers, and improve the quality of care delivered. However, not all EHR systems are...
Financial Reports for Medical Practices and Private Equity
May 16, 2023 | Articles, Healthcare Dashboards
The financial future of any medical practice is directly tied to the accuracy of its data and the stability of its finances. However, for private equity (PE) groups, the reporting requirements become much more complex. By having accurate and reliable data from...
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