Major Benefits of Electronic Medical Records

EMR (electronic medical records) is all set to transform the healthcare industry. The application can deliver unmatched benefits to both doctors as well as patients. Here are the major benefits of electronic medical records:

1. Electronic medical records can be easily stored as electronic files in secure locations. The history of the patients, the notes of the practitioner, facts, statistics and figures can be stored at the same place without occupying a large physical area.

2. The electronic medical records stores very large amount of information. This makes the process of management very easy. When the documents and records have to be searched later for some use, the electronic method is the easiest. It cuts all the hassle that was involved in looking and searching the bulky records and files for hours and hours. Thus it saves a lot of time.

3. The professionals and the practitioners associated with the health care industry reaps huge benefits from the EMR transcription records when it comes to urgent situations. Unlike the earlier times, the history of the treatment and the prediction and detection of problems becomes very easy and fast and this can saves the patient from the adverse affects of prolonged medical condition.

4. When it comes to operations, where all the information if required at the tips, the electronic records or electronic medical transcription can be gained access with a few click of the mouse. This saves a lot of bother on the part of the practitioner and she/he can therefore concentrate better on the real tasks.

5. The older forms of storage of medical records saw the piling up of records in no time and therefore it was very difficult to clean the space and remove all the unnecessary records. With the electronic medical records, it is easy to manage the medical documents and the unnecessary records can be easily deleted to ensure that the storage space has only the required information.

6. The electronic medical records create the conditions for easy analysis of the medical records which would otherwise have been a very tedious job. All the statistics and analysis can be done with a few clicks of mouse. This also helps in the growth and betterment of the health care organization or clinic.

7. The electronic storage of the data is very cheap as compared to the large amount of paper work that was required traditionally. The storage space is very cheap and so is its maintenance, no more bulky cabinets and congested offices.

Medical Billing Services Management

Medical Billing Services Management:

Truly speaking, the healthcare industry is burdened with a large volume of paperwork. Many medical professionals claim they spend more time filling out forms than actually treating patients. A large portion of the endless pile of paperwork is related to coding, submitting and processing medical claims related to physician or medical billing.

With no end in sight to the volume of paperwork associated with managing a medical practice, more and more practices are outsourcing their billing function to third party companies. In this article we take a closer look at medical billing in general, issues related to medical billing and the types of service providers offering medical billing as a third party service.

Generally speaking, medical billing services management is the process of facilitating payment from patients and insurance carriers on behalf of healthcare providers. More specifically, billing refers to the process of submitting medical claims to medical insurance carriers and patients in order for healthcare providers, to receive payment for services rendered. In addition to submitting claims for payment, medical-billing includes the service of following-up on denied or non-adjudicated medical claims in order to rectify payment errors or total lack of payment.

Medical billing services management or billing management software can plays a crucial role in the overall process of medical invoicing.

HIPAA Compliant Solutions

HIPAA stands for "the Health Insurance Portability and Accountability Act". The HIPAA law was enacted to improve the efficiency and effectiveness of the American health care system. The law includes administrative simplification provisions to establish standards and requirements for the electronic transmission of certain health care information. It also requires organizations exchanging information for health care transactions to follow national implementation guidelines.

HIPAA compliant solutions are based on HIPAA policies and hence ensure availability of  required security and safety features. There needs to be certain standardization as regards functionality as well, HIPAA compliant solutions ensure presence of certain essential features that are must for streamlining the overall processes. Hence, in a market where there are numerous vendors with a wide range of healthcare software, HIPAA compliant solutions offer better option.