Monthly Archives: February 2012

SequelMed Medical Software Solutions are Customizable to Cater Individual Needs

By Amanda Scanlan | Published: February 28, 2012

SequelMed has specific yet customizable content for various specialties that makes the system flexible, and adaptable. What helps differentiate SequelMed is that the software solution is designed by doctors, keeping in view needs of the different practices. During implementation, SequelMed takes on a consultative approach in order to truly understand each practice. The project manager [...]

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Why is ANSI 5010 compliance mandatory for medical billing?

By Rashid Saeed | Published: February 27, 2012

          ANSI 5010 is the new version of HIPAA transaction standards, formulated to improve methods of data exchange, medical billing, security and cash flow through a flawless system. It is expected to increase efficiency and accuracy of data through computer assisted coding and billing solutions. Lately, health care service providers have [...]

Posted in Medical Billing, Policy | Tagged , , , , | 2 Comments

7 Best Practices in Medical Billing

By Rashid Saeed | Published: February 24, 2012

Health information technology has proved itself to be the greatest aid to physicians in maximizing their revenues. After such an exhaustive health care system reform, it is a payback time for physicians. Due to human-made errors in paper work, insurance payments are rejected and physicians in turn have lower turnover. This dilemma goes on to [...]

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Medical billing and coding on electronic medical systems improves turnover

By Rashid Saeed | Published: February 22, 2012

In a do-more environment, physicians and health care providers could only achieve their performance targets when the bills for their services are settled at their maximum. The ratio for payment denial for some physicians is as high as 40 percent, which means that they are not able to receive a major part of their earnings. [...]

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Top 5 Most Acclaimed Benefits of EHRs

By Amanda Scanlan | Published: February 16, 2012

Electronic health record systems (EHRs) are serving as the binding thread to weave the web of healthcare networks. The vision behind the EHR is to make the healthcare system cost effective and improve it through technology. The reform helps engage patients in pooling health information through personal involvement. Despite heightened concerns over the vulnerability of [...]

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The 10 Most Useful EMR Features for Physicians

By Rashid Saeed | Published: February 14, 2012

Electronic medical record (EMR) system has become a central hub for all clinical tasks. The scope and usage of EMR systems is growing at a pace of 12% annually and is going to be over $8.3 billion worth a market by the year 2016. Today, more than 57% physicians are benefitting from EMR systems in [...]

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Bearing the cost of ICD-10 transition

By Jimmy | Published: February 8, 2012

Transitioning to ICD-10 can be daunting in many ways; the cost affiliated with the implementation process is escalating. Health care providers, payers, clearinghouses, and billing services are gasping in the transition marathon, flustered in meeting top-down government-enforced healthcare reforms. At some point in future, ICD-9 would be annulled and healthcare providers will have to fully [...]

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Privacy and Security of the Health Information Exchanges

By Amanda Scanlan | Published: February 1, 2012

Protected health information exchange is vital to stabilize and implement interoperability of health records. Health and Human Services (HHS) agencies are pushing it through State Health Information Exchange (HIE) Programs to cultivate the fruits affiliated with the exchange of health information. In the evolution, incidents of data breach are baffling the propagators of this system. Difficulty [...]

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