Business
Business
you may find that one or more of the following apply.
Save Money Currently Spent on Office Overhead
Eliminate Transcription Costs
Eliminate costs for Paper Charts
Cost of paper itself
Cost for employees pulling and filing charts
Cost and liabilities of looking for and transfer of lost charts
Cost of storage of paper charts
Cost of destruction of paper charts
Save time telephoning patients with their lab / radiology reports, since they can view them online.
Allow patients to fill out their past history on-line, or in a kiosk in the waiting room, minimizing my staff expense in obtaining this information. For instance, Primetime’s Instant Medical History can accomplish this.
Allow patients to make and modify their appointment schedules online, thereby minimizing staff expense for scheduling.
Minimize the number of telephone lines required in the office because much of the office/patient interaction will occur via the Internet.
Increase Reimbursement for Services I perform
Allow me to code properly
Allow me to code the highest level that the EMR will permit, without fear of an audit
Medical Economics magazine has estimated that physicians who routinely down-coded one E&M level to avoid audits, lost up to $40,000 annually.
Prompt me regarding what additional features are required of a note to allow me to code at a higher level.
Assist me in defending myself in the event of an audit.
Offer comprehensive documentation which allows me to justify higher coding levels.
This can frequently be accomplished because much of the documentation is generated rather easily, such as Family History, Past Medical History, etc.
Prevent me from performing medical services without billing for them.
Avoid lost superbills
Avoid failure to code for ancillary services performed
Allow me to apply for enhanced revenue from various payers associated with higher quality care (e.g. DOQ-IT)
Allow me to bill for email consultations with patients
Allow me to participate in medical research studies, if I wish to do so
Allow me to have medical data which will be valuable to research companies
Assist with electronic billing
Medical records are already in an electronic and thereby easy to transmit format.
Billing is already correlated with the medical records, and in a format appropriate for electronic billing.
Enhance My Reputation in the Medical Community
Allow me to have fewer complications and treatment errors.
Allow me to provide more comprehensive documentation to my Referral Sources
Allow me to provide Referral Reports in a more timely fashion
Allow me to be seen as a leader in technology
Allow me to provide information produced in my office concerning my patients to other physicians electronically, thus increasing their confidence in me.
Allow me to be part of the Continuity of Care Record which is being promoted so vigorously by the U. S. Government.
Allow me to have more free time.
Allow me to complete my documentation in a shorter period of time, once accustomed to using an EMR.
Allow me to operate my office with fewer staff members, thus saving time on human resources issues relating to employees.
Lower national healthcare expenditures.
It has been estimated that as much as 30% of laboratory studies are repeated needlessly, because the requesting physician was unaware that the result already existed.
It has also been estimated that as much as $131 Billion can be saved annually