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Articles from Andersen Keen | Selfgrowth.com
- The Impact of Staff Turnover on Physician Medical Billing - by Submitted on May 02, 2012 from Andersen KeenStaff turnover in any medical practice or hospital can have detrimental repercussions financially as well as qualitatively when it comes to providing healthcare. However, it cannot be denied that staff turnover or attrition would always be present in any practice or hospital; keeping it in ...
Views: 982 - The Role of Medical Billing Consultants in Assisting Physicians - by Submitted on May 01, 2012 from Andersen KeenThe recent dynamism in the healthcare industry has not just revolutionized the way in which various medical processes are carried out but have also led to an explosive information boom due to new policies, regulations and a complete overhaul in the health care industry. The ability of providers ...
Views: 569 - The new coding system expected to bring huge changes: Learning how to transit form ICD-9 to ICD-10! - by Submitted on Apr 30, 2012 from Andersen KeenMedical Coders prepare for this change… Learning New Codes and getting specific: According to the Centers for Medicare and Medicaid Services (CMS), the transition to ICD-10 is occurring because ICD-9 produces very limited data about patients’ medical conditions and hospital ...
Views: 564 - The new coding system expected to bring huge changes: Learning how to transit form ICD-9 to ICD-10! - by Submitted on Apr 30, 2012 from Andersen KeenMedical Coders prepare for this change… Learning New Codes and getting specific: According to the Centers for Medicare and Medicaid Services (CMS), the transition to ICD-10 is occurring because ICD-9 produces very limited data about patients’ medical conditions and hospital ...
Views: 477 - Factors Affecting Hospital Employment and Physicians’ Revenue - by Submitted on Apr 25, 2012 from Andersen KeenThere has been an increasing trend in the healthcare industry where physicians are opting for hospital employments and the reasons and repercussions of these seem numerous. It cannot be argued that there are many positives for ‘being your own boss’ in a private practice. However, due ...
Views: 1198 - The Primary Barriers in Physician Billing and HIT Adoption - by Submitted on Apr 24, 2012 from Andersen KeenPhysicians and healthcare provides across the country are slowly but surely adopting EHRs or Electronic Health Records as a part of the recent health reforms in the United States. Moreover, it has been reported by the Centers for Disease Control and Prevention (CDC) that there has been a ...
Views: 621 - Coping Medicaid Expansion with Shrewd Medical Billing Practices - by Submitted on Apr 23, 2012 from Andersen KeenThe U.S. Department of Health and Human Services (HHS) predicts that the proposed Medicaid expansion will bring an estimated 16 million more Americans into the health-care safety net. The prediction comes even as some twenty-six states are against such expansion. Although the proposed ...
Views: 630 - EHR Adoption gains popularity with Oregon, Georgia, Washington and Virginia leading the trend - by Submitted on Apr 30, 2012 from Andersen KeenThe EHR adoption rates in the United States are definitely increasing and this fact is corroborated by a report released by the CDC (Centers for Disease Control and Prevention) which states that – “American Hospital Association’s Survey of IT adoption, 15.1 percent of acute ...
Views: 585 - Specialty EMR Market not completely tapped - by Submitted on Apr 30, 2012 from Andersen KeenRecent estimates conclude there are various specialists in the EMR market who rather than using specialty EMR, usually follow the trend of using a general EMR which has a few extra functions; however user views suggest that general EMRs with extra functions/templates are usually not sufficient ...
Views: 896(1 vote) - Physician employment rises in hospitals - by Submitted on Apr 17, 2012 from Andersen KeenDespite a shortage of doctors projected to be at nearly 30,000 in the next few years, one area which is seeing an influx of new doctors is hospitals, which will eventually result in an increase in hospitalists. U.S. Bureau of Labor Statistics in February reported a rise of 61,000 jobs in ...
Views: 561 - Develop Social Media Networks for Hospitals and Small Practices to increase medical billing - by Submitted on Apr 16, 2012 from Andersen KeenSocial Media is developing into a tool not just for communication and entertainment but is also emerging as a powerful instrument for marketing and efficient coordination. Hospitals, group practices, clinics and even solo practices have started to reap the benefits offered by social media ...
Views: 542 - Medical Billing Service in Michigan - by Submitted on Apr 14, 2012 from Andersen KeenTraditionally Michigan has been amongst one of the economically stronger states in the US, but in the area of healthcare this strength is often not reflected courtesy of certain inadequacies like – lack of nursing home and chronic care measures, resulting in poor access to healthcare ...
Views: 633 - Increase revenue by improving billing functions - by Submitted on Apr 13, 2012 from Andersen KeenThe excessive administrative work healthcare organizations are having to deal with due to reforms in the US healthcare has begun to take its toll on the revenue of healthcare organizations across all the states of the US due to several reason, like claim denials by insurers and hospitals ...
Views: 594 - Improving Patient Collections via Medical Billing - by Submitted on Apr 12, 2012 from Andersen KeenIf the insurance-driven nature of US healthcare is leaving care providers to sort out administrative issues to ensure successful claim submission and reimbursement is one side of the problems US healthcare providers face, the other side is patients unwilling or unable to pay the share of the ...
Views: 591 - How medical billing consultants are crucial to Credentialing with Medicare & Medicaid? - by Submitted on Apr 11, 2012 from Andersen KeenOver the years, Credentialing has become an indispensable thing to medical practitioners’ sustenance and growth; so much so that it is impossible to think of undertaking medical practicing without a valid credentialing from the authorized health agencies. Today, credentialing, as much as a ...
Views: 586 - Shortage of General Surgeons and its Effect on Hospital Revenue - by Submitted on Apr 10, 2012 from Andersen KeenThe acute shortage of general surgeons is evident in the Occupational Outlook Handbook of the Bureau of Labor Statistics which states that only 5% of physicians were general surgeons in the year 2007, and the situation has not improved since. In fact, the shortage of general surgeons is getting ...
Views: 574 - Implication of Stage 2 delay on Cardiology Practices – equipped with medical billing support - by Submitted on Apr 09, 2012 from Andersen Keen“Irrespective of the decision, it may be fool-hardy to assume that cardiologists themselves will be able to elevate their practices to the requisite demands of Meaningful Use Criterion. Therefore, it is becomes imperative that they avail proven services from credible sources for medical ...
Views: 563 - Gauging your Medical Billing Company on ICD-10 compliant resource-capability - by Submitted on Apr 06, 2012 from Andersen Keen“As much as the intrinsic competencies of your Medical Billing Companies, their ability to advise on EHR/EMR implementation for efficient clinical and operational management should equally hold prominence. As HIPAA 5010 compliant EHR/EMR is the prerequisite to medical billing under ...
Views: 706 - Are physician practices in for a spell of revenue loss during ICD-10 transition? - by Submitted on Apr 05, 2012 from Andersen Keen“And when clinical and operational efficiency suffers on account of whatsoever reason, it gets reflected in terms of dwindling revenues. As if this cause and relationship is not enough, physician practices will have to contend with direct expenditure associated with sourcing learning ...
Views: 564 - AltaPoint EMR Version 11 – reigning supreme in the EMR market - by Submitted on Apr 04, 2012 from Andersen Keen“Reigning superiority over its closet competitors in every aspect of compliant and secure EHR performance, AltaPoint EHR/EMR Version 11 has built an enviable reputation in the EHR/EMR market. The qualitative features that lend AltaPoint competitive edge over its immediate competitors ...
Views: 947 - Health reforms and its Effect on Medical Billing in Hospitals and in Small Practices - by Submitted on Apr 03, 2012 from Andersen KeenThe processes carried out in hospitals are very different from those carried out in small practices or solo settings. The difference does not just stop at the volume of care that is provided but is also related to the quality and the difference in the processes that are carried out. Although ...
Views: 502 - ICD-10 delay likely to cost healthcare industry billions: Proficient ICD-10 Coders in demand! - by Submitted on Apr 02, 2012 from Andersen KeenEven as the Department of Health & Human Services’ in order to reduce regulatory burdens, announced last month it would consider delaying the ICD-10 implementation deadline for certain entities, subsequent industry reactions depicted healthcare professionals being primarily not in ...
Views: 700 - Medical coding one of the fastest growing sectors in health care: Coders getting certified! - by Submitted on Mar 31, 2012 from Andersen KeenHealth information technicians are considered as one of the 10 fastest-growing allied health occupations according to the US Bureau of Labor Statistics (BLS), with Medical billers and coders being in high demand among the allied health occupations. Further increase in terms of job outlook is ...
Views: 1372 - Flexible work hours, employment options and career growth for Medical Billers and Coders - by Submitted on Mar 30, 2012 from Andersen KeenVarious options in Medical Billing and coding jobs provide ideal opportunities to billers and coders to choose from an array of different types of work environments giving them several opportunities along with flexibility in the rapidly growing health care field. According to a study by the ...
Views: 793 - Challenge of EMR deployment for Small Pediatric Practices - by Submitted on Mar 29, 2012 from Andersen KeenThe use of Electronic Medical Records (EMRs) or Electronic Health Records (EHRs) in pediatric practices presents numerous challenges due to the dynamic nature of this particular specially. The reasons for these challenges are myriad and range from the changing nature of the body of ...
Views: 594 - Medical billing to assist Primary Care Physicians in streamlining their practice - by Submitted on Mar 28, 2012 from Andersen KeenThe lack of primary care providers in the country is a topic which has been hotly debated among many circles and written about vehemently. Not many medical students are ready to enter primary care due to lack of great financial prospects in the future. This is resulting in even more shortage of ...
Views: 613 - The Crucial Role of Physician Assistants in EHR Implementation and the Reforms - by Submitted on Mar 27, 2012 from Andersen KeenThe role of Physician assistants (PAs) is accentuated in a country such as United States where the physician to patient ratio is very low. The recent health reforms have added to the responsibilities of physician assistants due to numerous changes in policies and technologies. The implementation ...
Views: 553 - The Role of Medical Billing Companies amidst Healthcare Reforms - by Submitted on Mar 26, 2012 from Andersen KeenMedical billing is one of the most important factors in a physician’s practice and can be the reason for the financial affluence of the practice. Medical billing services are not just limited to billing and submission of claims for payment to insurance companies and government payers. Such ...
Views: 587 - Job Opportunities: A New Positive Outlook for New Physicians amidst healthcare reforms - by Submitted on Mar 23, 2012 from Andersen KeenThe shortage of physicians, the health reforms, the skyrocketing costs of health care , the Medicare cuts worry and the influx of health IT into the health industry has created a bit worrying albeit a dynamic environment. Although there are critics who oppose the health reforms and suggest other ...
Views: 571 - Countering the phenomenon of Physician Shortage: Medical Reimbursements - by Submitted on Mar 21, 2012 from Andersen Keen“Consequently, physician reimbursements would largely depend on their ability to seamlessly process medical claims with either Medicare or private insurance carriers. But, with the reimbursement environment promising to be more vigilant and stringent than ever, physicians would find their ...
Views: 498 - Hospitalists as Primary Care Providers - by Submitted on Mar 20, 2012 from Andersen KeenIn all the states of the US, healthcare is becoming an integrated affair with hospitals combining traditional healthcare services like surgical treatments with primary health care activities responsible for elementary requirements of a treatment cycle from blood tests to coordination of various ...
Views: 553 - Physicians strive to strike a balance between managing HIPAA 5010 and medical billing - by Submitted on Mar 19, 2012 from Andersen KeenThe financial and data-centric nature of the healthcare reforms in the US has left healthcare organizations in all the states of the US to do more data care than healthcare – to manage their finances, maintain data integrity and be complaint with regulatory standards. Health Insurance ...
Views: 584 - Measuring the impact on physician reimbursements with upsurge in retail clinics - by Submitted on Mar 17, 2012 from Andersen Keen“As medical service providers try to adapt themselves to these altering equations, their ability to manage clinical and operational functions would invariably involve the next level of efficiency. While there is ample scope for revenue augmentation amidst a booming health insurance ...
Views: 531 - Orienting your support staff to the integrated EHR eco-system - by Submitted on Mar 12, 2012 from Andersen Keen“Before expecting your support staff or divisional departments to contribute qualitatively into the integrated EHR system, care must be taken to identify and train them for orienting them to the mechanism of the EHR” By now medical practices must have realized that EHR is not ...
Views: 674 - Dispelling hospitals’ reluctance in adopting Alternative Therapy & Medical Billing - by Submitted on Mar 09, 2012 from Andersen Keen“As much as its popularity amongst larger population of patients, Alternative Therapy may well become a viable alternative in ensuring hospitals’ uninterrupted sustenance and growth. And, judging by its popularity, it may well become an integral part of comprehensive medical services ...
Views: 539 - Revenue Management & Being Vigilant amidst the impending Medicare backlash - by Submitted on Mar 07, 2012 from Andersen Keen“Although, physicians can expect their Medicare reimbursements to be unhindered at least for another year or so, they need to equally vigilant with their Medical Billing, coding, submission, realization, and the Revenue Cycle Management so as to be sure of not letting their ...
Views: 593 - Medical Reimbursement issues push Physicians to flee hospitals triggering a reverse trend - by Submitted on Mar 06, 2012 from Andersen KeenFor over a decade, US healthcare has seen hospitals integrating with primary healthcare physicians across all the states of the US, challenging the traditional notion of primary care as a separate set of services from hospital healthcare, to provide all types of healthcare services under one ...
Views: 673 - Making physicians’ knowledge transition to ICD-10 and HIPAA 5010 easier, efficient and meaningful - by Submitted on Mar 05, 2012 from Andersen KeenPhysicians requiring to upgrading their coding knowledge to a more exhaustive ICD-1O system More than any other clinical or operational entity that needs to realize the affinity to the ICD-10 and HIPAA compliant medical data filing and processing, it is your physicians that require show the ...
Views: 546 - Making ICD-10 transition easier, efficient and meaningful - by Submitted on Mar 03, 2012 from Andersen KeenBy now medical practices must have realized that the transition to ICD-10 means more than just learning a new code set and upgrading the existing software. As medical practices embark on the transition to a more radical system of clinical and operational regimen, the deadline for which is set at ...
Views: 571 - Addressing Challenges in Medical Billing for Chronic Patients - by Submitted on Mar 02, 2012 from Andersen Keen“As physicians deliberate on the efficacy of outsourcing medical billing companies services for chronic disease management services, they also need to be mindful of the credibility of their prospective service providers. In a medical billing environment, characterized by heterogeneous ...
Views: 589 - The nexus between workload induced stress and diminishing revenue in hospitals - by Submitted on Mar 01, 2012 from Andersen Keen‘As if the accountability is not enough, they will also content with diminishing patient inflow and revenue generation. The sum of total of these two reactions would eventually tell on hospitals ability to sustain and grow amidst a highly competitive healthcare industry. And as health ...
Views: 586 - Hosted EHR model as a viable alternative to in-house EHRs - by Submitted on Feb 29, 2012 from Andersen Keen“As the application service provider (ASP) hosting model increasingly becomes popular amongst lone-standing and small clinical practices, EHRs hardware manufacturers have begun to offer EHRs platforms that are quite capable of hosting multiple clients at the same time without the ...
Views: 610 - Job outlook for medical billers & coders looking optimistic in Idaho, Florida & other US states - by Submitted on Feb 24, 2012 from Andersen KeenVarious factors playing a role in altering the salary of a medical biller and coder including work experience, geographic location and type of employer, the job outlook for medical billers and coders in Idaho is very optimistic according to the United States Bureau of Labor Statistics (BLS), ...
Views: 499 - The Significance of HIT to Small Practices’ Clinical and Operational Excellence - by Submitted on Feb 23, 2012 from Andersen Keen“As HIT systems provide timely access to patient information and encourage collaborative exchange of health information with other providers, patients, and insurers, small practices can look to benefit in terms of effective and efficient medical care delivery, optimized operational ...
Views: 460 - A case of seasoned physicians’ affinity to EMRS - by Submitted on Feb 22, 2012 from Andersen KeenAs seasoned physicians clinical schedule becomes more intense and time-consuming, EMRS may well become indispensable to complementing clinical, operational and medical billing Revenue Cycle Management Cycle (RCM). Because of this necessity and the ability to afford EMRS related expenditure, ...
Views: 500 - Upsurge in Migration to EHRS; Opportunities and Challenges - by Submitted on Feb 21, 2012 from Andersen KeenWhile this rapid transformation means ample business opportunities for competent technology providers, some of whom are already introducing second generation technology platforms; there also lies a challenge in aligning and customizing EHR platforms in congruence with individualistic needs of ...
Views: 573 - Private practices withstanding healthcare reforms: Revenue Management - by Submitted on Feb 20, 2012 from Andersen KeenPrivate practices are facing many challenges and gone are the days when physicians could easily start their own practice in a small office. The complexities in the form of changing policies, added administrative work and changes in Healthcare IT has made it very difficult for physicians to start ...
Views: 544 - The Challenges Faced by Primary Care Physicians and Possible Solutions - by Submitted on Feb 18, 2012 from Andersen KeenThe shortage of primary care physicians in the United States will soon worsen due to the added pressure on resources because of healthcare policy changes by the government. The rising numbers of elderly people in the country is also putting tremendous pressure on the services provided by primary ...
Views: 701 - Physician billing facing the biggest financial challenges in a changing industry - by Submitted on Feb 17, 2012 from Andersen KeenSome populist policies of the Obama government related to healthcare have left hospitals in all the states of the US to deal with more of what they should be doing less, preparing insurance claims and realizing payments. In fact, a survey by Thomson Reuters, in 2011, mentions hospital CEOs ...
Views: 654 - States mimicking Medicare – experimenting with Accountable Care Models for Medicaid - by Submitted on Feb 14, 2012 from Andersen KeenAccountable Care Organizations (ACO) model’s popularity is growing and mirroring Medicare almost 11 states are trying ACO models for their Medicaid programs by adding initiatives resembling ACO’s to their programs, moreover various providers who initially were vary of Medicare ACO models are ...
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