How EHR Billing and Coding Can Improve Revenue Cycle - PowerPoint PPT Presentation

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How EHR Billing and Coding Can Improve Revenue Cycle

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Billing is a vital part of medical practices, providing the funding that helps keep them operating. Because billing is so critical, it’s useful to have help. Electronic health record (EHR) tools could provide such assistance. EHR billing helps medical offices manage revenue, handle coding, and perform other operations in several ways. – PowerPoint PPT presentation

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Title: How EHR Billing and Coding Can Improve Revenue Cycle


1
  • How EHR Billing and Coding Can Improve Revenue
    Cycle
  • Billing is a vital part of medical practices,
    providing the funding that helps keep them
    operating.
  • Because billing is so critical, its useful to
    have help. Electronic health record (EHR) tools
    could provide such assistance.
  • EHR billing helps medical offices manage revenue,
    handle coding, and perform other operations in
    several ways.
  • Document appointments and other care
  • Electronic health records (EHRs) are, well,
    records.
  • Its an obvious statement, but their name
    illustrates what theyre capable of doing.
    Theyre capable of many things.
  • As records, they could contain extensive
    documentation of a patients history with a
    medical practice. Similar to medical charts, EHRs
    often include records relating to
  • Appointment information, include dates of visits
    and notes
  • Procedures, tests, and lab results
  • Immunizations
  • Allergies

members when they implement or update systems,
but after some initial
2
  • orientation, the best medical billing and EHR
    software is mostly or wholly intuitive.
  • Intuitive functions allow people to easily use
    software systems and extract and apply
    information from them. They also make it easy to
    add and store information for future use.
  • Billing, filing and tracking claims, and
    collecting revenue are just a few of the tasks
    that efficient and productive EHR solutions could
    enable.
  • Share information with patients
  • Medical professionals arent the only people
    interested in using EHRs.
  • Patients want their health information. With
    growing numbers of electronic devices and
    internet use, patients are able to retrieve and
    use it themselves.
  • Sharing information could start during their
    appointments. To facilitate this sharing, the
    authors of one study suggested that medical
    practitioners
  • Review background information in the EHRs before
    they see their patients.
  • Greet and interact with patients to strengthen
    personal interactions.
  • Allow patients to see aspects of their records,
    such as lab
  • results or x-rays.
  • Enlist patients to participate in the charting
    process.

management systems to transmit it.
3
  • Of course, since its so easy to share
    information, its also easy to hack it. When
    using protected health information, medical
    providers are required to protect patient
    privacy. To protect it, they could follow Health
    Insurance Portability and Accountability Act of
    1996 (HIPAA) guidelines.
  • Some HIPAA guidelines include
  • Sending the minimum amount of information needed.
  • Encrypting health information, which is changing
    readable text into text that consists of random
    letters and numbers that requires taking special
    measures to decipher.
  • Creating data safeguards such as using pass
    codes.
  • Taking such measures could help transmit
    information not only safely, but more
    efficiently.
  • Track and manage the claims process
  • When compiling, sending, checking, and resending
    insurance claims, keeping track of the process is
    vital.
  • Since it contains all parts of a patients health
    record with a practice, an EHR could help medical
    practitioners track whats happening with a
    persons claim.
  • As the claim moves through the billing process,
    office workers could make notes about whats
    happening.
  • If theres a deadline for taking certain actions,
    an EHR could inform employees.

professionals. Instead of sorting through page
after page in a paper file,
4
employees could use search functions to find
insurance claim documentation and evidence that
could support such claims. EHRs also contain all
of a patients information in one digital place,
so offices can share it and are also less likely
to lose it.
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