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Proceed with Caution |
Everyone loves to save money but in today's healthcare environment, cutting costs is more a matter of necessity than desire. Rather than allow the quality of care to suffer, hospitals typically look for ways to work more efficiently and with fewer employees. For this reason, one process that has been of interest is physician dictation. As a result, an increasing number of hospitals have adopted, or are considering adopting, speech recognition technology. Unfortunately, hospitals that expect speech recognition to produce a windfall may be disappointed. READ MORE |
| HHS to put off ICD-10 Implementation | |
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ICD-10 could rival EMR implementation in scope, impact |
As far as big projects go, getting ready for ICD-10 might not seem like as big a deal as, say, installing an electronic medical records system, but healthcare leaders should not underestimate its importance.
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| EHR Deployment Costs Approach $30,000 Per Doctor | |
Physicians are starting to embrace electronic health records en masse, according to a new survey by the Medical Group Management Association (MGMA). Two caveats to bear in mind: Many of the EHRs in use still have minimal functionality, and the MGMA survey excluded solo and two-doctor practices.
According to the report, Performance and Practices of Successful Medical Groups, 51% of groups of three or more physicians are using some kind of EHR. Similarly, a recent government survey found that in 2011, 57% of office-based physicians had an EHR. But 34% of the respondents had what the government researchers defined as a "basic EHR."
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Meaningful Use in Year Two and Beyond: Informing the Efforts of RECs |
Physicians and other eligible health care professionals have shown broad interest in the meaningful use incentive program. As we enter year two of the program, it is informative to look back at first-year participation to inform efforts aimed at increasing electronic health record adoption in future years. According to CMS, in 2011, 29,344 eligible professionals received a total of $570,350,910 in incentive payments through either the Medicare or Medicaid incentive programs. Participation ramped up at the end of the year, with 50% of all eligible professionals receiving their payments in November and December of 2011.
READ MOREMORE |
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Data breaches put patients at risk for identity theft |
Walk into a doctor's office and chances are that some of your most private information--from your Social Security number to the details of your last cervical exam and your family's cancer history--is stored electronically.
Your doctor might access the information on a cell phone that could slip into the wrong hands. The staff might take it home on a laptop or a flash drive.
READ MORE |
| A glimpse inside the $234 billion world of medical ID theft | |
Healthcare fraud is costing American taxpayers up to $234 billion annually, based on estimates from the FBI. It's no wonder that a stolen medical identity has a $50 street value, according to the World Privacy Forum - whereas a stolen social security number, on the other hand, only sells for $1.
One form of healthcare fraud, known as medical identity theft, has its own staggering statistics: 1.42 million Americans were victims of medical identity theft in 2010.
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Did you know that InHealthCDS offers a revolutionary new 'dictation
-populated'
EMR?
Contact Ashley Crouch at (800) 633-2230
Ext. 374
to learn how you can become a meaningful user without any capital investment or loss of productivity. |
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Upcoming Events
Third Thursday Tele-Class Series
"Practical and Achievable Approaches to Compliance: Tips for Preventing Coding/Billing Audits, and What to Do If You Get Audited"
March 15
12 PM EST
REGISTER HERE
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Visit our NEW website!
www.inhealthcds.com |
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ICDS IS PROUD TO BE AN OFFICIALLY ENDORSED PARTNER OF MAG MUTUAL, THE SOUTHEAST'S LARGEST MEDICAL MALPRACTICE PROVIDER. |
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