Entries by CM

Ingenuity Shows EHRs can be Pivotal in Value-Based Care

Healthcare continues the dynamic shift to value-based care, allowing the patient to become the primary focus. However, this shift creates a lot of challenges and lessons for practitioners in the process. Healthcare Innovation Group recently featured how physician groups are finding success within the transition to value-based care. We’ve summarized a few of their most […]

How Digitizing Radiology Imaging Can Improve Orthopaedic Diagnoses

With the invention of the X-ray image in 1895, diagnostic medicine for orthopaedic issues made a huge leap forward, eventually bringing us the MRI and CT scan. This technology has allowed us to capture clearer, more accurate pictures of orthopaedic problems. However, the actionable information we’ve been able to develop from that information has changed […]

Tips to Improve Your Revenue Cycle Management in 2019

Revenue cycle management has been a central concern for healthcare organizations over the past few years. Predictions for 2019 suggest that patients will continue the trend of paying a higher percentage of their overall healthcare costs out-of-pocket. Therefore, many industry experts believe that treating the patient as a consumer will play a big role in […]

Tips to Create an Opioid Policy Within Your Orthopaedic Practice

If you don’t currently have an opioid policy for your practice and patients, it’s time to create one. Orthopaedic practices have a responsibility to patients that extends beyond simply meeting the legal requirements; somewhere around 25% of patients who are prescribed opioids for medical issues misuse the drugs, according to the National Institute on Drug […]

A Review of Exciting New Features in FHIR’s Latest Release

With the new year, it’s time for a new version of the Fast Healthcare Interoperability Resources (FHIR4), including the release of a wide range of options for improving overall communications between systems. But what are these features, how can they improve the potential of EHR systems and why do they matter in the long run? […]

Practical Measures to Ensure Your Practice’s Cybersecurity

Your practice’s EHR contains a wealth of personal information that is extremely attractive to hackers. Small practices don’t usually consider hackers to be a threat because they don’t store as much data as larger practices. The truth is, no practice is safe. In fact, smaller practices may be even more appealing to hackers because they […]

Change is Coming for MIPS Year 3 in 2019

A new year approaches, along with updates to the Merit-based Incentive Payments System (MIPS). In November, the Centers for Medicare & Medicaid Services (CMS) released the MIPS Year 3 scheduled updates that will go into effect on January 1, 2019. It’s essential for orthopaedic practices to familiarize themselves with the major changes if they want […]

How To Improve Your Practice’s Patient Management

It’s important to continuously consider ways to improve your practice’s efficiency, not just in order to keep patients content and encourage treatment follow through, but also to reduce staff frustration and burnout. Sometimes no-shows, over-complicated processes, and even staff communication patterns can get in the way of delivering a high-quality experience for your patient and […]

MACRA-Compliant EHR Implementation: What Practices Need to Know

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) changed the way providers see Medicare patients and get payments. It’s up to practices to implement a MACRA-compliant EHR platform in response. What steps can they take to make implementation smoother? Project Management An excellent place to start is to consider the project manager. Most […]

FHIR: The Future of Healthcare Application Development

Fast Healthcare Interoperability Resources (FHIR) is an innovative technology making its way into the healthcare industry. FHIR allows clinical applications to access patient data outside of the EHR while remaining standards compliant. Here’s what you need to know about FHIR and the future of healthcare applications. What Exactly is FHIR? FHIR is fairly new in […]

What Is HealthIT’s Security Risk Assessment Tool and Update?

Going through a risk assessment is tough, and when you’re in healthcare, it can be even more difficult. How do you meet the requirements for both HIPAA’s Security Rule and the Centers for Medicare and Medicaid Service’s Electronic Health Record (EHR) Incentive Program? Fortunately, the professionals at HealthIT.gov have developed a handy Security Risk Assessment […]

Encouraging Patient Payment in Your Orthopedic Practice’s Revenue Cycle Management

Patient payment responsibilities need to be the number one concern for your revenue cycle management success. Most patients today have high deductibles, paying the majority of their medical expenses out-of-pocket. Also, there are a number of procedures that may not be covered under their insurance policies. In the past, patient payments represented a small percentage of […]

Is Private Equity Right for Your Practice?

If you’re in an orthopedic practice, you’ve likely been following the recent trend in selling to private equity investment firms. This has been a viable option for other specialties in healthcare for some time. Those types of specialties were primarily elective in nature, like dermatology, or were part of a larger hospital organization. For orthopedic […]

Sweeping Changes to ICD-10 in October 2018

It’s here. The largest and most comprehensive update to ICD-10-CM was officially mandated on October 1st. When ICD-10 was first announced to replace ICD-9, the expansive nature of the changes made a lot of providers nervous about its implementation. The additions came concurrently with other changes and regulations that were sweeping through the medical industry. […]

5 Ways to Improve Revenue Cycle Management in Your Orthopedic Practice

There are a lot of important aspects to running a successful orthopedic practice, but your revenue cycle management is one of the most crucial. Simply put, your practice can’t stay solvent without a robust plan in place to keep your annual income within a profitable margin. One of the most important changes for practices to […]

The Effects of the Stark Law on Healthcare Administrators

The Healthcare Information and Management Systems Society (HIMSS) recently informed Seema Verma, the administrator of the Centers for Medicare & Medicaid Services (CMSS), that the Physician Self-Referral Law – perhaps more commonly known as the Stark Law – burdens providers administratively and hinders the exchange of health data and coordination of care unnecessarily. Instead, HIMSS […]

What the 2019 Global Security Budget Looks Like for Healthcare

Security concerns are on the rise, especially in healthcare with system violations occuring at an alarming rate. A recent report put out by research firm Gartner estimates the world will spend over 124 billion dollars on information security in 2019. That’s 12.4 percent over last year. A certain amount of that will go to protect […]