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Improved Hospital Billing and Operational Benefits with EHR Adoption The past decade has seen every major industry being computerized, including the medical industry and hospitals – which have moved on from hand written prescriptions to Electronic health record (EHR). According to various studies EHR implementation provides several benefits including improvement in the process of clinical care and overall patient experience. Along with it, EHR also has a potential to create opportunities in health care organisations as it can help with the cumbersome administrative processes. EHR adoption can create a better work flow and quality in mainly three fields – namely coding, chart analysis and records management. EHR implementation has surprised many physicians to learn that tedious procedures like processing claims have become an electronic and highly automated process that doesn’t even require increase in personnel resources. The latest version of EHR software have, in fact, focused specifically on billing processes, that includes robust eligibility checking for preventing errors, updates with Medicare as well as with other payer reimbursement rates. Usage of EHR can also cut down on inefficient and time-consuming paper works. Patient information flowing through the practice, like tests, diagnosis, prescriptions and procedures can be accessed with just a click. The other information for a patient like demographic data, appointments, scheduling, billing and other pertinent information can also be accessed from anywhere, be it home or office. This means that the information exchange between the various levels of heath care like labs, hospitals and imaging centre has become effortless and efficient, thus saving labour and a considerable reduction in hassle over billing. The patient is produced with an electronic bill which integrates all the levels into one paper slip. MBC serving healthcare for over a decade across all states and specialities has also been assisting in EHR implementation providing vast term benefits to physician practices. Some key services MBC provides towards implementing EHR includes – choosing the right EHR for the hospital, mapping the process flow, figuring out the areas of the hospital which require support and helping the physician to set standards which can be achieved easily by using meaningful sources – thus helping physicians with the implementation of EHR, and also earning incentives and revenues. As usage of EHR has positively revolutionised billing and operational system of a hospital, making it more organised and simpler, MBC in keeping with industry trends too have been providing consultancy and assistance EHR along with medical billing and coding services. With the help of our experts specialised in hospital billing services and vast knowledge acquired regarding the right EHR as per the organizational set up, Hospitals and Physicians can rest assured about their revenue management as they solely concentrate on providing health care to their patients.
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