Healthcare Archive

AMA to Start a Campaign against Administrative Waste

The American Medical Association seeks assistance from the business community in order to reduce administrative waste, a major issue of the healthcare industry.  According to the AMA, a lack of standardization of industry processes is the root cause of a loss of $200 billion every year. Healthcare administrative tasks are complex, redundant and incredibly costly

Patients Realize Enhanced Care through EHR

A recent survey conducted by GfK Roper found that the percentage of healthcare providers reported by patients to be using electronic health records (EHR) has not measurably increased from 2010 to 2011.  In fact, the Center for Disease Control (CDC) reports that, although there was increased adoption of EHRs, an estimated 90% of physicians are

Top Trends of 2011 for New Care Models

Healthcare trends are changing in the year 2011 as providers are moving towards new care delivery models. These trends (outlined below) are predicted to have an enduring impact on the healthcare industry. In many instances, new care delivery models will affect insurance membership.  Those who are unemployed will increasingly take advantage of the COBRA plan,

Top Financial Mistakes Made by Healthcare Providers

An efficient and effective revenue cycle is integral to running any successful medical practice.  Timely payment from insurers and patients is essential for practices to maximize their collections. The financial impact of a mismanaged revenue cycle is massive as it spreads out over a large volume of claims.  There are some common, and easily avoidable,

Why Health Information Exchange?

Recently physicians have started to adopt electronic medical records in order to enjoy the government’s financial incentive bonuses as per the HITECH Act. Yet, if they really want to earn these incentives, physicians have to make sure that their EMR is related to some other EMR and health technology systems. The government has announced clearly

Quality 101: A Guide to Quality Reporting by HIMSS

Quality and quality reporting are always referred to as the key elements in EMR incentives for meaningful use. HIMSS therefore has launched an online resource, called “Quality 101”, in order to assist the providers and vendors in better understanding the details behind these imperatives. The Patient Safety & Quality Outcomes Committee of HIMSS developed this

Physical Security in the Privacy World

The Health Information Technology for Economic and Clinical Health (HITECH) Act, has expanded many of the requirements promulgated by the Health Insurance Portability and Accountability Act of 1996 (HIPAA).  Essentially, HITECH was enacted to further safeguard the privacy and security of protected health information (PHI).  The enhanced privacy and security standards set forth by HITECH

Medicare Physician Payments To Be Cut 21.3 % Beginning April 1, 2010

Medicare physician payments to be cut 21.3 % Beginning April 1, 2010 A 21.3% cut in Medicare payments takes effect today.  The scheduled cuts were extended to March 31, 2010 and were expected to be extended again for another month until Congress took a two week recess on March 26, 2010. The Centers for Medicare