To run a successful medical practice, your office must use an EMR billing system. The American Recovery and Reinvestment Act requires that all private and public healthcare providers use electronic medical records (EMR). Billing can be a frustrating and time-consuming part of the business. Medical billing companies in Philadelphia such as Mediclaim have helped medical practices manage their billing operations.
EMR technology eases the burden healthcare providers face with billing tasks and increases overall productivity. It is a convenient billing system that should be a basic part of your operations. These are some of the specific benefits an EMR billing system provides to your practice:
The task of manually entering data into an electronic system is very time-consuming and can lead to errors. Plus, you'll need to hire more staff to keep up with this job as your practice grows. When you implement an EMR billing system, you'll cut the work by 50% because you won't need to double enter the information. The patient data is uploaded once and the seamless process links to all parts of your practice that will need that data to carry-out accurate billing activities.
Maintaining an EMR billing system is less expensive than paper records. It also helps the planet by making more information paperless and creates top-level accuracy because human error is no longer as usual. Overall productivity is increased which translates into more opportunities to serve patients better and increase profits. The Center of Information Technology Leadership reported that EMRs save $44 billion each year.
Medical practices are responsible for maintaining accurate and secure health information. EMR systems are password-protected, which allows practitioners to follow HIPAA regulations with ease. Only authorized personnel will be able to access patient information and it is also protected in case of fire, loss, theft, or damage.
Having an Electronic Medical Records (EMR) billing system allows your practice to easily access information right at your fingertips. This is crucial especially when answering questions for patients. This is very important when managing a large number of patients and also if the practice desires to continue to grow.
An EMR billing system allows all your staff members to get on the same page, which means everyone will be working efficiently to carry out daily tasks and solve issues that come up throughout the workweek. This will reflect in the quality level of service your patients will see.
Unfortunately, despite an EMR billing system, not all debts are collected. Mediclaim specializes in medicial billing in Bucks County, PA and has collected more than $485 million since 1990 on behalf of healthcare providers. Call us to find out how we can make your practice more profitable.