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Four Vital Features Favoring The Use of Fixed Cost Pricing Model For Medical Practitioners

Different pricing models are followed by different Medical Transcription companies. In this article, we look at the distinct features of fixed cost pricing model for transcriptions, which makes it indispensable for medical practitioners. Medical Transcription companies have different pricing models for transcription services according to the needs of the client. Some of the pricing models offered by Medical transcription companies include: Fixed Cost Model Time and Material Model Offshore Development [...]

 

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How Much Are You Really Paying for Transcription Services?

The price that a HIM department ultimately pays for transcription services can vary greatly depending on the transcription firm’s billing method. In a 2007 study entitled, “A Standard Unit of Measure for Transcribed Reports,” an AHIMA/CDIA Task Force compared three common billing methods – AAMT, ASCII, and VBC. In this study, they compared the actual billing for the same medical procedure using each of these three line billing methods. The study found [...]

 

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Limit the Potential for Liability During EHR Conversion

The American Recovery and Reinvestment Act of 2009 (ARRA) included $17 billion in incentive payments for the adoption and meaningful use of electronic health records (EHR). The payments began in 2011 and will end in 2016. In 2015, providers who have not adopted an EHR system will face financial penalties. But health care providers should proceed with caution. While the switch to EHR should improve the quality of care and increase [...]

 

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Mediscribes a participant of Health Story organization stands by Health Story Members.

March 23, 2012 Louisville, Mediscribes, a leading provider of Medical Transcription Services and document management systems all across the globe, as members of Health Story Organization have vowed to stand by each and every Health Story Member. Health story is an alliance of healthcare associations, providers and vendors through which resources were pooled over a period of 3 years. Rapid development initiatives were taken for producing standards of data for [...]

 

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Seamless Implementation and Project Management

In Medical Transcription, accuracy and dedication must meet the global standards and they are the two key factors that can never be compromised upon at any given stage. The field has vast foothold all around the world and to come up with customized implementations that result in expertly managed, effective projects is quintessential. Over the years the field of Medical Transcription has evolved in a massive way and with revolutionary [...]

 

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HIT Today: Increase your income through quality reporting

In the “real” world, people expect to pay more for something if it’s of higher quality or offers superior performance. That free-market standard promotes higher-quality products and services. The healthcare industry, however, generally does not operate in this manner. Patients have few options for “kicking the tires,” so to speak, before electing to start a drug treatment, undergo surgery or therapy, or choose a physician. This inability to get a [...]

 

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Collaborative Intelligence & the EHR

A provider’s essential critical knowledge is often so obscured that the EHR becomes more of an obstacle than a useful source of clinical information. The meaningful use-compliant electronic health record (EHR) has quickly become very adept at capturing and sharing standardized, structured clinical content that can be communicated, stored, and to some extent consumed by other systems. Unfortunately, this strength is also the EHR’s greatest limitation. Amid the structured templates [...]

 

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11 healthcare data trends in 2012

Mobile devices, data breaches and patient privacy rights were some of the most talked-about topics in health IT in 2011, and according to expert opinions complied by ID Experts, 2012 won’t be any different. In fact, experts continue to predict an upswing in mobile and social media usage, response plans, and even reputation fallout. Eleven industry experts outlined healthcare data trends to look for in 2012. 1. Mobile devices could [...]

 

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5 mobile trends for 2012

At the third annual mHealth Summit in Washington D.C., major players in the mobile arena noted the impact mobile phones and other devices have and will continue to have both in the US and across the globe. Paul Jacobs, chairman and CEO of Qualcomm, the closing keynote speaker at the mHealth Summit, predicted nearly 4 billion smart phones would be sold between now and 2014. “The mobile device in your hand gives you [...]

 

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Greening your technology: A high-tech way to save the planet

Illustration by Jon Krause after Henri Rousseau Since he was a teenager, Daniel Wolk, MD, a family physician in the suburbs of Philadelphia, has had a passion for protecting the environment. Now that he is physician, he sees energy conservation as a key component to patient care. “My driving philosophy is that my patients will be most healthy when they have a healthy environment to live in. So I feel [...]

 

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Primary care physicians, meet your regional extension centers

Regional extension centers can help you select and implement an electronic health record system and attest to meaningful use. There are 62 RECs spread across the country. Implementing an electronic health record (EHR) system in your primary care practice is no small task. You must consider hundreds of individual elements about the system itself, plus the cost, the hit to your practice’s productivity during installation, and, of course, compliance with [...]

 

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Developing and Implementing System-Wide Policies

This is the fourth article in a five-part series designed to spur you toward privacy and security policies that will help your organization achieve HIPAA compliance. So far, we’ve covered risk assessment, Trojans andcoordinating information across departments. In this article, we discuss the important step of crafting and implementing policies system wide. When discussing policies related to HIPAA compliance, they must be system wide, not department specific. Just as we discussed collaboration among [...]

 

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ezDI Makes the Case for Mature Analytics in Healthcare Cost Containment

As a leader in the field of healthcare analytics, ezDI has constantly escalated in the dimension of the market and business intelligence. The present director has shared the preview of the healthcare cost containment with the industry recently. According to the esteemed director, plans formulated by most companies do not exactly have the required level of maturity that is demanded by most employers. Putting light on the making of the [...]

 

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Hospital Finds Workflow Automation Solution

The Children’s Hospital of Boston, MA, a 392-bed comprehensive center for pediatric health care, records approximately 18,000 inpatient admissions each year, which translates to more than 150 outpatient programs and emergency services care for more than 300,000 patients annually. Children’s Hospital, home to the world’s largest pediatric research facility with 1,200 driven scientists and staff, has made it their goal to continuously improve the effectiveness and efficiency of the medical [...]

 

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Efficiencies Converge with EHRs, Practice Management

As providers adopt electronic health records systems, they gradually become more adept with the technology as they flip the switch on advanced features and become conversant with the capabilities and quirks of the software. Each advance, however small, leads to more efficiencies. Before getting an EHR at Hillside Medical Office in Wichita, Kan., phone messages for nurses were written on paper. Now they’re put directly in the EHR while the [...]