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List of ways you can save up money using an EHR

Higher productivity

Figuring out how to utilize an EMR all the while upgrading workflows to adjust to electronic charting, can be overpowering and will very likely set doctors back in the beginning. As learning happens, nonetheless, especially for practices that emphasize on the training part of the implementation, productivity tends to increment, converting into huge savings after some time gradually. When doctors and staff get the hang of utilizing an EMR, for instance, patient visits documentation and billing procedures take a lot less time.

This enables doctors to invest more energy with patients or to make more appointments to earn additional revenue for the practice. Other ways top EHR companies offer tools to increase productivity by a mile include making it easier for healthcare providers to communicate and exchange patient information, facilitating convenient channels for doctors to track their patients, and quickly and securely transferring patient data from different departments. It can also reduce the risk of medical errors and, thus, practice liability.

Fewer Office Supplies

While getting a good deal on supplies shouldn't be the principal reason for a medical practice to switch to an EHR software, it is unquestionably an essential factor. There is nothing of the sort as a paper-free medical practice; however, utilizing less paper can massively affect the overall expenditure. For example, if a small practice is dealing with around 30 patients on a daily can spare $400–$500 month to month on paper and office supplies. To get a thought of what savings would be for a given practice, an EMR ROI calculator can come in handy.

EHR software helps free practices from the constraints of paper records, that is, the way that paper-based documents can be indecipherable, handily crushed, space-hogging, unable to be effectively shared by PC, and costly to duplicate or fax, not to mention a time-consuming ordeal. The difficulties that accompany progressing from a paper-based system are colossal and not to be overlooked. In any case, with a whole idea of what a practice needs from an EHR program, alongside high readiness, staff training, education, and support, the advantages can have a critical and constructive outcome on the revenue of any medical practice.

Efficient Staff Reallocation

The most transparent case of how an EMR system can enable practices to set aside cash savings with regards to staff is that it disposes of the requirement for a full-time clinical records assistant. That is saved funds of more than $2,000 per month, which for some, practices can prove to be a game-changing factor. Another option in contrast to cutting overhead without laying off staff is to utilize them in an increasingly effective manner. For instance, a record representative can be prepared to perform front work area obligations, lessening outstanding tasks at hand for different workers and dispensing with additional time. It can permit practices to develop their activity by utilizing a recently changed over test room, without essentially taking on an extra representative.

Aside from exponentially expanding practice efficiencies and cost-saving qualities, top HER vendors offer a variety of benefits to clinical practices, including:

·         cutting down transcription costs,

·         low storage, chart pull, and re-fills costs,

·         Improved documentation and computerized coding abilities,

·         Reduced medical blunders through better access to patient information and error prevention notifications,

·         Improved quality/nature of patient care through better diagnostics and disease management and patient instructions,

·         And of course, the Meaningful Use incentive.

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Best General Practice Software in 2020

General Practitioners are medical doctors who have the responsibility of treating common illnesses, referring patients to specific hospitals for treatment, and providing them with ways to stay healthy and prevent diseases.

Their focus is not on physical health alone but also on social, emotional, spiritual, cultural, economic and psychological care. Thus, they play an essential role in providing care to people in their homes and their communities and are often the first people contacted at the stage where the patients are most confused and anxious about what they are feeling.

As per estimates,  around 1.3 million GP consultations happen every day. Therefore, to provide specialized care to each individual, General Practitioners must have access to the medical histories of their respective patients. This is to make sure that GPs don't misdiagnose illness or prescribe the wrong medication, which would otherwise not occur if they were privy to the patient's medical records. Now, these records could be stored in a file cabinet but it would be a tedious process to acquire, find and file these records individually per patient. For that purpose, General Practice EMR software (Electric Medical Records) exists. These are medical software that represents the medical records of an individual. General Practice EMRs of a specific patient can either be stored within a General Practitioner's server computer or safely secured on the internet so that the data is easily accessible whenever it is required.

However, these general practices EHR systems are complex, and once you start using one, you have to commit to it for an extended period to be able to implement it. It is understandably a difficult choice to make; however, we’ve handpicked some of the best options available in 2020 to narrow down your choices:

AthenaHealth

AthenaHealth is a natural choice to recommend as it is one of the biggest general practice software company in the US. They provide Cloud-based EMR to around 150,000 General Practitioners around the country. It also includes an integrated software that makes administrative and billing processes more efficient alongside features like e-prescribing and other clinical content. Due to its relative popularity, the customer service is exceptionally good at listening and providing solutions to whatever issues you might face. In terms of dependability and sheer quality, it's a no-brainer.

Kareo

Another easy recommendation for a savvy general practice software is Kareo EHR, which provides not only cloud-based EHR software and PM solutions but also offers stellar Revenue Cycle Management. The main draw, however, is its customizability and ease of use. Other features include an extensive dashboard, allowing simple charting, electronic bills, e-prescribing, an integrated patient portal, lab interfaces, and a safeguarded messaging system. The customizability options are diverse and can fit into any circumstances the general practitioners would find themselves. The ease of use, combined with its rich functionality, makes it ideal for newcomers.  

Epic

Epic is the software if you prefer simplicity and efficiency over having tons of features and customizability. Epic’s simplicity makes it easy to cater to not just General Practitioners but to a broad field of healthcare providers. The focus of Epic revolves around making sure there is a direct and accessible connection between the patient and the general practitioner. For this purpose, it allows patients to send their medical data directly and also access their medical records whenever they feel like. It is also very compatible with 3rd party systems and can work on any device which has an internet connection. Ports of the software also exist on Android and IOS devices to make access to the medical records easy without needing large computers. Recommended for smaller companies where efficiency and engagement with the patients are the highest priorities.

DrChrono

DrChrono is an easy to use, portable, jack-of-all-trades EHR system. It is an automated system that automatically updates both general practitioners and patients of any changes to the record of a patient. Its other features include automatically sending e-mails and scheduling appointments depending on the priority modes set. It also provides appointment reminders and all the relevant contact details. The mobile app carries all the medical data on a patient that is equally accessible to both parties at any time. The medical billing and revenue cycle module can be used to automatically bill patients after a GP appointment is done. There is also an option to buy-in a dedicated accounts manager or use the customer service helpline.

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5 Things to know about Medhost EMR

Founded in 1984, Medhost is a Health IT company geared towards providing focused inpatient care Electronic Health Records software and financial solutions for community-based healthcare providers to help them navigate day-to-day administrative, clinical and operative tasks more efficiently. The main goal of the software is to improve interoperability while maintaining the highest level of data security and patient privacy. The provided solutions enable healthcare providers to streamline their clinical workflow and patient care, maximize revenue generation, enhance patient access and improve engagement, care coordination, quality and continuity of care, as well as optimize administrative inefficacies.

Here are some essential facts to know about this reliable EHR company:

1.       What is now known as Medhost, was first founded as a healthcare financial solutions vendor by the name of Healthcare Management Systems (HMS). The company went under a few changes over the past decade. In 2010, HealthTech Holdings acquired Medhost EMR, which was at the time developing emergency department solutions. After this, the Medhost platform was integrated into the HMS hospital information system. In 2013, HealthTech Holdings combined its subsidiaries and software, while rebranding itself as Medhost and offering its products under the Medhost brand.

2.       It offers healthcare engagement facilities through a suite of applications, including a health and wellness content site, a condition management app, a reporting, and analytics platform and a responsive patient portal. Medhost provides healthcare facilities and hospitals with integrated clinical and financial solutions that enable providers to streamline billing operations, manage electronic medical information, and significantly improve workflow efficiency. Other applications extended under the Medhost umbrella include inpatient setting, a surgery suite, an emergency department, and administrative capabilities.

3.       In 2011, Medhost scored higher than any Emergency Department software by securing the no. 1 “Best in KLAS” award for its ED solution. In 2014, the company was named as one of Nashville Business Journal's top 25 fastest-growing private companies. In 2015, The American Hospital Association (AHA) exclusively endorsed the Health Care Consumer Engagement Platform (Medhost) from YourCareUniverse to help member healthcare enterprises and hospitals achieve operational excellence.

4.       In 2016, Medhost EMR software was accused of pervasive flaws in a whistleblower lawsuit. The plaintiffs rendered it unqualified for meaningful use certification and also accused the company of knowingly and falsely attesting that the platform complied with the MU certification requirements. According to them, the EHR flaws included multiple design failures in its computerized physician order entry and clinical decision support software, which prevented medical practitioners from providing clinical care in various CHS hospitals safely and reliably. They further alleged that a number of the flaws left an acute risk to patient health and safety. However, all the allegations were denied later on by the CHS spokesperson who reaffirmed that all of Medhost EMR’s attestations were accurate and the claims in the lawsuit were entirely false and without merit.

5.       The software enables healthcare facilities to access and utilize information from its Emergency Department Information System and update current ED waiting times on the website for patients to be able to make more informed decisions regarding where to seek care for non-urgent concerns. MEDHOST EDIS version 4.2 includes real-time Patient Tracking feature, Order Entry, Nurse Charting, Physician Documentation, and comprehensive reporting capabilities. It is certified under the Drummond Group's Electronic Health Records ONC-ATCB program.

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The ultimate guide to Advanced MD

Selecting an EMR software for your practice can be an uphill task. Cost-effectiveness and user-friendliness are no doubt the determiner, but there are other factors like the system's ability to integrate with other software, its billing efficacy, and custom support's efficiency that are equally important.

Advanced MD tops other EMR companies in terms of flexible packages, customizable features, great customers support, training in the early period, and instructional videos. Despite these features, it is a relatively expensive product for smaller practices. In this article, we will review whether the product provides excellent value for money.

What is AdvancedMD?

Working since 1999, AdvancedMD, based in South Jordan, Utah, is an EHR software company developing health IT products for independent medical practices and billing companies. Its product and service offering includes electronic health records, practice management, medical billing services, telemedicine solution and patient engagement software. It has a sizable share of the EMR market with 8000 practices and more than 800 medical billing companies using its software platform.

AdvancedMD is device agnostic i.e., it runs on all devices such as phones, tablets, and computers, and its cloud-based platform enables remote access so you can work from anywhere efficiently, and your data is secure.

Who can use AdvancedMD?

From nurses and doctors to PA's and MA's, Advanced MD provides accessibility to everyone. Dermatology, family practice, internal medicine, mental health, substance abuse, are a few of their popular specialty solutions.  AdvancedMD is also a good fit for practices offering telemedicine functionality to their patients.

AdvancedMD does offer customized pricing plans for part-time providers. Please contact the company directly to discuss pricing.

Features of AdvancedMD:

EHR

PM

Telemedicine

EPCS

E-faxing

Patient portal

Clinical decision support

Speech recognition device integration

HIPAA compliant e-prescribing

Medical billing services

MIPS & MACRA support

Reputation Managaement System

AdvancedMD Pricing:

AdvancedMD might not be the most affordable, but provides excellent value for money. There are discounted prices for specific specialties and part-time users. There are also two pricing models, i.e., encounter-based pricing, in which you only have to pay per patient encounter.  This option is available for practices with low patient volume. AdvancedMD charges $1.42 per encounter for their standalone solution, while the integrated system costs $2.18 per encounter.

The secondary model is per provider, per month model, which is the standard model across the EMR market.

The price for AdvancedMD EMR integrated and Practice Management is at $729/ month/provider. It is higher than the average market price for similar solutions which is between $400 to 500.

Compared to its competitors, AdvancedMD is relatively highly-priced. Also, certain features cost extra like fax integration, telemedicine, electronic prescriptions for controlled substances (EPCS), reputation management, etc.

To sum up; following are some of the advantages and disadvantages of Advanced MD:

Benefits of AdvancedMD:

It offers a wide variety of solutions.

Robust telemedicine functionality.

Bonuses on referring other clients.

Excellent customer support and training before going live.

Excellent MIPS and MACRA educational training and support

They are not averse to extend API to any third party vendor that you’re working with

Disadvantages of AdvancedMD:

Not cost-effective for small practices.

Certain features cost extra and are “add-ons,” which can be misunderstood as part of the package.

Staff training and conferences cost extra