How EHR Data Mining Can Drive Revenue for Your Eye Care Practice

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• How advanced analytics can bring more revenue to
  your eye care practice
• Data is the new frontier in American business
  today. Data can be used by smart organizations to
  do a host of important things, such as
• Learn more about their customers
• Turn what was learned into improved user
  experiences
• Personalize interactions with customers,
  particularly B2C customers
• Improve loyalty to your business
• Create better products and processes
• Improve the quality of the services you offer
• Reduce costs
• And more
• The use of data in business, of course, has been
  around for years, but it was mostly the domain of
  large businesses that had the time, resources,
  and staff to collect large amounts of data and
  then analyze it and then actually use it to
  create new processes, improve relations, lower
  costs, and more.
• But now, a new era of tools is making it easier
  than ever for businesses of literally any size to
  collect data that can be used to improve their
  operations and put money in their pockets. For
  eye care practices, this data generator can be
  found in the form of electronic health records.

• Using electronic health records to generate data
  for your eye care solutions
• An electronic health record, of course, is an
  electronic version of a patients medical history
  that providers maintain over time. It can include
  a wide variety of information about the patient
  and their condition, including test results,
  allergies, medication history, surgery results,
  preferences, and more, and though various
  interfaces can be used to make appointments and
  send and receive secure messages.
• When used properly, an electronic health record
  (EHR) can be used to
• Reduce medical errors by improving the accuracy
  and clarity of medical records

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• Make health information available to all relevant
  parties, which reduces delays in treatment and
  makes both patients and health care providers
  able to make better- and better-informed
  decisions
• Electronic health records can be used to gather a
  wide array of data about patients and your
  practice. These data can include
• Demographics Age, sex, gender, and race
• Diagnoses Diagnosis, severity, and medical
  history
• Lists of problems Active diagnoses and resolved
  diagnoses
• Medications Prescriptions written, and OTC
  medications suggested or taken
• Vital signs Body mass index, weight, height, and
  blood
• pressure
• Lab data Radiology, pathology, and other
  important reports
• Lab orders CBC results and HbA1C levels
• Immunizations HPV, IPV, Hep B, COVID-19
• Allergies Food allergies, medication allergies,
  and latex allergies
• Advanced electronic health records are also being
  utilized to record and store a new generation of
  emerging data types. These emerging data types
  may include
• Genetic information Genome sequence data
• Bio sample data Meta data about a biological
  sample

ways for example, charity work, often an
inexact science that takes a
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• great deal of back-office time and resources, can
  be simplified using demographic data that reside
  in electronic health records.
• How can optometry EHR data impact an eye care
  practices revenue cycle?
• Electronic health records are where you will find
  the nuts and bolts of patient payment
  information, including registration, insurance
  eligibility, authorization, revenue capture,
  coding, claim scrubbing, denials, and more. With
  the right cloud based EHR system, the delivery of
  care is recorded instantly. This can lead to
  faster claim generation and cut out they need for
  a lot of review by back-office support staff. The
  automated processes bult into a good practice EHR
  system can cut down on input errors and claim
  denials.
• Electronic health records can also be used to
  assist in revenue integrity. This can cut down on
  revenue leakage and even compliance risk through
  these of internal controls. Data and analytics in
  EHRs can quickly analyze accounts, for example,
  to see if a charge is missing or obviously
  incorrect based on the clinical procedure or a
  pre-set list of parameters.
• Do you have trouble with claim denials? Smart
  electronic health record systems can address
  denial management by breaking down processes to
  find the root cause of a problem, whether it is
  with a specific insurer or a specific product or
  clinician practice.
• Put EHR data to work in your eye care practices
  marketing
• Data from EHRs can also be used to benefit your
  marketing operations. By digging into your data,
  you can
• Automate compliance measures
• Facilitate agent marketing
• Put together enrollment kits
• EHRs can help you mine data and increase revenue
• but only if you choose carefully
• Every electronic health records software system
  is slightly different and will have slightly
  different features. To use it to the best of your
  abilities, who need a system that you and your
  staff can use effectively and with minimal

training. Key to data mining to increase your eye
care practices revenue is
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that you will need to have powerful search and
query tools that supply support for the types of
analyses you want to engage in. A good EHR, like
the system offered by Eye Care Leaders, will
allow you to build your own queries on any data
field to find patients, data, and other key
points. Built-in data mining tools will give you
a ton of flexibility, such as the ability to
search by address, payment status, claims denial,
and even medical condition. EHRs can be the
solution you are looking for if you want to earn
more revenue for your eye care practice. To learn
more about EHR tools from Eye Care Leaders,
contact them today.