Medical Claim Care Professional Physician Services
A Division of MedNet
A Division of MedNet
Electronic Records
Optimize Your Reimbursements With The Help of Electronic Records
Today's health care system is a business in which rewards only the savviest providers that can navigate and flourish. Delivering care in an industry that bases reimbursement largely on correct and efficient medical coding makes preparedness the secret to financial success. The one guarantee for practices is increasing government mandates for accurate medical coding.
A practices survival is substantially linked to the accuracy and timeliness of medical coding and billing. By integrating electronic records not only can help improve the accuracy of documentation, but new government incentives for e/Prescribing and Meaningful Use electronic applications can boost income from $44,000 to $64,000 through higher reimbursements.
Added to this is CMS's recent implementation of recovery audit contractors (RAC) who focus on accurate records to support reimbursements that can have serious financial consequences for any practice that cannot justify compensation based upon its documentation.
Many physician offices are relatively small with fewer than 10 physicians, which often limit the administrative staff to help with coding, billing and other office management tasks which makes it harder to improve efficiency without the cost of added staff.
Electronic records offers an economical solution that usually will realize an ROI with in a short period of time.
MedNet has been offering electronic record solutions for nearly a decade and offers an complete integrated solution that is simple to learn and use and can be implemented with a few days.
We'd like to show you just how easy it is to use.
Today's health care system is a business in which rewards only the savviest providers that can navigate and flourish. Delivering care in an industry that bases reimbursement largely on correct and efficient medical coding makes preparedness the secret to financial success. The one guarantee for practices is increasing government mandates for accurate medical coding.
A practices survival is substantially linked to the accuracy and timeliness of medical coding and billing. By integrating electronic records not only can help improve the accuracy of documentation, but new government incentives for e/Prescribing and Meaningful Use electronic applications can boost income from $44,000 to $64,000 through higher reimbursements.
Added to this is CMS's recent implementation of recovery audit contractors (RAC) who focus on accurate records to support reimbursements that can have serious financial consequences for any practice that cannot justify compensation based upon its documentation.
Many physician offices are relatively small with fewer than 10 physicians, which often limit the administrative staff to help with coding, billing and other office management tasks which makes it harder to improve efficiency without the cost of added staff.
Electronic records offers an economical solution that usually will realize an ROI with in a short period of time.
MedNet has been offering electronic record solutions for nearly a decade and offers an complete integrated solution that is simple to learn and use and can be implemented with a few days.
We'd like to show you just how easy it is to use.
