The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) has replaced the Sustainable Growth Rate (SGR) formula. As a result, new guidelines for paying providers for care administered to individuals enrolled in Medicare Part B will come into effect for the following calendar year. Providers that participate in MACRA through the Merit Based…
While the electronic health record (EHR) was originally perceived as a provider-side innovation — a means for healthcare teams to better coordinate and manage patient care — it has become an indispensable tool for driving patient engagement. No longer just a data tracking solution, the EHR is a key launching point for improving patient-provider interaction…
Estimates suggest that practices lose up to 14% of their annual income due to missed appointments, or “patient no-shows,” every year. Patients who fail to arrive at their scheduled appointment reduce practice revenues and place an unneeded burden on admin staff. A patient appointment reminder system can improve no-show rates and increase a practice’s overall…
Medical billing is a crucial part of running any healthcare practice. Providers depend on accurate and efficient billing practices in order to receive reimbursements from payers in a timely manner. With numerous PQRS and meaningful use requirements, running an efficient practice is becoming more difficult. Staff members and healthcare professionals are required to stay up…
Healthcare organizations have raised many concerns about the transition to ICD-10, which will introduce thousands of new diagnosis codes, citing that a lack of preparation could result in an increase in claim denials. The compliance date, however, is still set for October 1, 2015, and it is unlikely that the deadline will be pushed back…
Endocrinology and diabetology EMR software increases the efficiency of documenting patient medical records for physicians. In fact, using EMR software improves clinical documentation, ensures health records are safe and secure, and results in a faster and more effective retrieval process. Full-featured EMRs, like 1st Providers Choice’s IMS solution, can also make patients’ lives easier and…
