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Medical

Cost Optimization for Healthcare Clinics

Cost Optimization
Healthcare clinics that wish to succeed in today’s competitive market must strive not only to provide quality care while keeping up with the continual technological advances of such a fast-paced and innovative industry but also to ensure they are managing their costs effectively.

The healthcare market is growing bigger every year – according to the Bureau of Labor Statistics, the number of healthcare clinics opening each year is steadily rising, with healthcare jobs predicted to increase 30 to 40 percent over the next ten years.

When a business implements a cost-optimization plan, there are a few key areas that need careful consideration: cost and pricing evaluation, process and service optimization, and streamlining of system operations. A healthcare clinic is no different, and the principles of lean methodology can be applied to any clinic’s cost optimization plan – adjusting the staff, resources, effort, and energy to guarantee best value for patients.

Optimizing the skills of your staff

Like any business, healthcare clinics will have a wide range of expenses that owners need to cover. From administrative costs to payroll and marketing, the expense categories can vary widely depending on the type of clinic. Here is a general overview of the main areas that can be analyzed in terms of cost-optimization.

For the majority of clinics the bulk of expenses will cover wages and benefits. How can clinics make sure that they are spending wisely here? A clinic’s primary focus should be on efficiency and productivity – ensuring that members of staff are performing to the best of their capabilities so that they can provide the best quality service in the shortest period of time.

Potential time and energy ‘drains’ – distractions, inefficient tools and equipment, poor communication, to name a few – have been known to interfere with staff productivity. To reduce the amount of time spent on unnecessary tasks, a clinic’s work team must be able to take responsibility for the quality of their work as well as learn when to delegate or ask for help.

One of the key area which is often overlooked by managers and owners-operators is instilling into their employees a sense of ownership in the business and its operations. A professional front-desk receptionist, as well as diligent medical assistants, focus on optimizing their own work by taking advantage of the tools at their disposal, their own time-saving micro-planning skills as well as shortcuts provided in the daily workflow.

One of the most valuable assets in a company is an employee who is aware of the costs of their labor to the company and tries to give back as much as they receive. Make sure your managers learn to value the loners or rule-breakers who don’t seem to follow minor policies and procedures but add to the bottom line time and again. They’re some of the biggest contributors to your cost-saving attempts.

Some employees deliver their best work in structured, disciplined environments, while others are just as efficient by organizing themselves to create a more personal, albeit highly efficient environment, which from the outside may seem odd, even rebellious, but that, in the end, is conducive to successful completion of their tasks. Always provide a medium for honest feedback from your employees since they’re often the most qualified to clarify where time and resources are being wasted.

Investing in training could be the key to unlocking your employees’ potential, and studies show that increased responsibility boosts workers’ morale and sense of job satisfaction.

Equipment

As well as training, clinics must be willing to invest in quality equipment. Providing members of staff with the best tools and equipment will allow them to perform their duties efficiently and on-time. As the saying goes, you must spend money to make money. If you do need to spend it, make sure you either invest in long-term solutions which new and veteran employees can use with ease or in good software for one essential aspect of your business, such as accounting or compliance.

When buying clinical equipment, if there’s no extra money in the budget for shiny new machines, make sure that the second-hand options you look at have some warranty. Some second-hand products may be as good as new, while others may be at the end of their lifetime. Make sure you are trained and knowledgeable about the specs you need or that at least one of your employees or partners can provide some guidance.

Marketing

Let’s analyze where money can be saved in the black hole of 21st century business: marketing. The majority of commercial businesses need to allocate large portions of their budget to marketing, but clinics can get by successfully without such spending. A healthcare clinic can tap into a key resource: its referral and client network. Medical colleagues in the same field can refer your business to their clients.

You can also offer incentives to your existing clients to refer you to their friends and family – but remember that for this tactic to work, customer satisfaction through quality service is key. Incentives can take the form of rewards; for example, you can establish a ‘member’s club’ or a points system.
The amount of spending on rent and utilities will vary depending on a clinic’s size and location, but as current real estate trends mean that rental costs get higher and higher each year in urban areas, more businesses are moving toward co-working and shared workspaces. Perhaps, it could even make sense for you to share your space (and therefore, rental costs!) with other healthcare practitioners.

Optimizing platforms, applications, processes and services

An important strategic move for any business looking to manage costs is knowing what services to outsource. If time-consuming tasks could be taken care of externally, then your clinic would have more time and space to focus on providing top-quality care and ensuring customer satisfaction. Could your administrative tasks such as bookkeeping or information technology tasks such as data interpretation, modeling and storage, be outsourced? A cost-benefit analysis is instrumental in determining if it’s better to perform these tasks in-house than to contract someone to do it for you.

Another important area of focus should be ensuring the efficiency of processes: from client registration to scheduling, to appointments and follow up or after-care. What processes are in place and are they efficient? How do you define efficiency?

A clinic’s workflow should aim to be seamless, and healthcare technology can play a vital role here. Do you have a system for online bookings? Can patients schedule their own screenings and appointments through a website or a smartphone application? IT tools and software are constantly improving productivity, and enhancing the quality of care provided. AI (Artificial Intelligence) is making it easier to streamline patient flows, leading to scheduling systems that are more simplified yet efficient than ever before. New software and cloud platform technology have also revolutionized healthcare administration, with everything from billing to medical record filing now being taken care of digitally.

The healthcare sector is receiving more attention in recent times as demand is constantly growing for improved access to quality healthcare. Clinics and healthcare services need to evaluate their spending and make sure they are running as efficiently as they can in order to hold their place in a market that is growing more and more competitive every day. Chances are, there’s at least one area where a business can rethink its budget and expenses but there are also risks whenever cutting expenses starts to affect the quality of patient care and patient acquisition. Being frugal with everything may turn out to be very expensive for your company in the long run.

Filed Under: Medical

12 Biggest Personal Financial Mistakes That Doctors Make

financial mistake doctor
Doctors are smart people. But even smart people make dumb mistakes sometimes.

Going to medical school doesn’t guarantee that you how to handle your finances. Newly minted physicians earn high incomes but have large amounts of student debt, and generally require specialized insurance. This can get people into trouble if they aren’t aware of best practices for building and holding onto wealth.

Below you’ll find 12 of the most common personal finance mistakes that doctors make. Knowing what can go wrong is the best way to make better decisions.

Ramping Up Spending Too Quickly

Physicians enjoy a large bump in salary when they emerge from their residencies. Many are quick to enjoy the lifestyle this increase affords them. But this ignores the biggest drag on their savings — student debt.

Instead of upgrading your house, car, and lifestyle when you become an attending, you should channel your extra income into paying off your debt, thus establishing a stable financial base. Only then you should start enjoying the spoils of your work.

Not Saving Enough

Even when doctors recognize the value of paying down their debts, they may not save enough for retirement. They often don’t realize the importance of compounding interest and underestimate how much they need to save annually to continue their normal lifestyle into retirement. On average, doctors should be saving at least 20% of their income.

Allocating Assets Inappropriately

Early on in their career, doctors should favor growth investments, like stock funds, REITs, and similar assets. However, safer investments, like government bonds and money market accounts, need to be included as a hedge against loss. High net worth individuals often focus on growth without a safety hedge, which can get them into trouble.

A good rule of thumb is to use your age to set your safe investment percentage. A 30-year-old should have 30% of their portfolio in safe investments. As they age, that percentage goes up, ensuring that a larger share of their assets are protected from loss as they get close to retirement.

Buying Too Much House

Buying a big, expensive house, even if you can afford it, isn’t always the smartest financial move.

That’s because homeownership creates a host of hidden expenses that eat away at a physician’s ability to save. The more expensive the home, the higher these costs climb. Taxes, interest, furnishings, climate control, repairs, and other expenses add up quickly. Be sure that you still have enough income after taking care of these costs to save the recommended 20%.

Not Purchasing Adequate Insurance

Life insurance exists to replace your earning power should you pass away. Doctors can earn quite a bit over their lifetimes. Therefore they need life insurance policies that match. $500,000 worth of coverage seems like a lot, but when you make $200,000 a year, your policy payout won’t last very long.

Doctor’s need at least a million dollars of coverage. Two to three million is better. They also need adequate disability, umbrella, and malpractice insurance. Skimping on any of these could get you into trouble. Similarly having a good dental malpractice insurance policy is important.

Purchasing Insurance They Don’t Need

As important as insurance is, sometimes you don’t need it. Life insurance is the most salient example. It’s intended to support your dependents in the case of your untimely demise, replacing your lifetime earning power.

If you don’t have any dependents, you don’t need life insurance. It’s really that simple.

Playing the Stock Market

The proper way to invest in stocks is to purchase shares in mutual funds. This spreads your risk among hundreds of different companies. However, doctors and other high net worth earners frequently play the market, buying stock in individual companies.

This is a mistake. You’re a doctor, not an investment professional. Even seasoned investors find timing stock picks challenging. The chances that you will pick winners more often than losers are slim. Buying individual stocks is a poor way to build wealth.

Leasing a Car

Doctors don’t drive Hondas, right? They drive expensive status cars. And they want the newest model with all of the bells and whistles. Leases guarantee a new car every few years.

But this is the worst way to buy a car. Leasees are essentially renting their cars on a long term basis. New cars depreciate rapidly within the first few years, causing you to lose significant value on your investment. However, with a lease, you don’t own the car, so you’re not building any value at all.

The better move is to buy a pre-owned luxury car. A vehicle that’s three years old has already depreciated significantly, which means you’ll be getting a discount for an automobile that’s still in excellent condition.

Loaning Money Instead of Giving it Away

It’s nice to have the resources available to help family and friends in need. However, if you want to help, the smart move is to make it a gift instead of a loan. Why?

Because if the person defaults on their loan, it can ruin the relationship. This isn’t a risk when the money is gifted. More importantly, you’re less likely to give away money you can’t afford to live without. You might give someone $1,000, but loan them $10,000 because you’re assuming you’ll be paid back. But what if you aren’t?

Listening to Unqualified Investment Advisors

So you know this guy who knows a woman that’s putting together the “deal of a century.” It’s a “home run,” you’re told. You’ll double your money, guaranteed! You just can’t lose!

When something sounds too good to be true, it usually is. There are no guarantees in investing unless you’re talking about savings accounts and CDs. Make sure you get investment advice only from people qualified to give it.

Not Having a Proper Will

This is a mistake that many people make, but it can be particularly damaging for doctors and other high earners, particularly if you have children. You’re going to accumulate a sizable net worth, and you don’t want to leave its dispersal to chance.

Managing Taxes Inappropriately

There are significant tax shelters available to individuals with high earning power. However, many physicians are unaware of them or are too busy to educate themselves fully. Doctors that don’t manage their tax liabilities properly lose more money to the government than they need to, reducing their overall savings.

It’s best to consult with a trustworthy tax professional to be sure you’re managing your money wisely. And in general, you should find a financial advisor you can trust to look at your entire financial picture.

Filed Under: Medical

Negative Impact on U.S. Providers when Patients Go Abroad

 

In today’s interconnected world, traveling abroad for cheaper medical treatment (known as medical tourism) has become increasingly popular. Whether it’s for elective procedures, specialized treatments, or cost savings, more Americans are choosing to seek healthcare outside the United States. While this trend offers benefits to patients, it also brings significant challenges to U.S. healthcare providers. Let’s dive into how patients going abroad for treatment can negatively impact American medical professionals and the healthcare system as a whole.

1. Financial Strain on U.S. Healthcare Systems

One of the most direct impacts of medical tourism is the financial strain it places on U.S. healthcare providers. When patients opt to receive treatment abroad, hospitals and clinics lose revenue that could have been invested back into improving services, hiring staff, or expanding facilities. This loss of income can be especially hard on smaller practices and specialized clinics that rely heavily on patient fees to stay afloat.

2. Increased Pressure on Remaining Patients

With fewer patients staying within the U.S. healthcare system, those who do require medical services may face longer wait times and reduced access to care. This can lead to increased stress and burnout among healthcare providers, who are already grappling with high patient loads and limited resources. In turn, this can affect the quality of care that patients receive, creating a cycle of dissatisfaction and further driving patients to seek treatment abroad.

3. Talent Drain and Staffing Challenges

When revenue drops due to patients traveling overseas, U.S. healthcare providers might struggle to offer competitive salaries and benefits. This can make it difficult to attract and retain top medical talent. Skilled doctors, nurses, and other healthcare professionals may seek better opportunities elsewhere, leading to a talent drain that undermines the quality of care available within the country.

4. Innovation and Research Setbacks

Funding is crucial for medical research and innovation. When healthcare providers experience financial setbacks because of medical tourism, there is less money available for research projects, clinical trials, and the development of new treatments. This slowdown in innovation can hinder advancements in medical science, ultimately affecting everyone’s health outcomes.

5. Impact on Local Communities

Local communities often rely on hospitals and clinics not just for healthcare, but also as major employers and economic contributors. When medical tourism leads to reduced revenues, these institutions may cut back on services, lay off staff, or even close down. This can have a ripple effect, harming the local economy and reducing access to essential medical services for the community.

6. Challenges in Maintaining Quality and Standards

U.S. healthcare providers pride themselves on high standards of care and stringent regulations. However, the financial pressures from medical tourism can make it difficult to maintain these standards. Cost-cutting measures might lead to reduced staffing, limited resources, or less investment in state-of-the-art technology. Over time, this can erode the quality of care that patients expect and deserve.

7. Ethical and Professional Dilemmas

Healthcare professionals take an oath to provide the best possible care to their patients. When patients choose to go abroad, providers may feel conflicted, especially if they believe that the patients are not receiving the best treatment available domestically. This can lead to ethical dilemmas and professional frustration, impacting job satisfaction and overall morale within the healthcare community.

8. Long-Term Consequences for Public Health

When patients seek treatments abroad, it can complicate public health efforts, especially if those treatments involve infectious diseases or require follow-up care. Ensuring continuity of care becomes more challenging, and any complications arising from procedures performed overseas can strain the U.S. healthcare system further. This fragmentation can hinder effective public health responses and the management of widespread health issues.

Looking Ahead: Balancing Choices and Support

While medical tourism presents clear financial and logistical challenges for U.S. healthcare providers, it also highlights areas where the American healthcare system can improve. By addressing issues like high costs, long wait times, and access to specialized treatments, the U.S. can reduce the incentives for patients to seek care abroad. Additionally, fostering stronger patient-provider relationships and enhancing the overall quality of care can help retain patients within the domestic healthcare system.

Filed Under: Medical

Improve Patient Engagement for Hospitals & Medical Offices

Doctor
In many ways, it doesn’t matter how knowledgable a doctor is, or how much they care for their patients if the patients aren’t actively engaged in their care. That’s because unless they’re willing to follow their doctor’s advice and do what it takes to stay healthy, the quality of service means nothing.

That’s why, in a patient-centered care model, patient engagement is critical. Engaged patients drive better outcomes for themselves, reduce operating costs, and improve the relationship between themselves and their caregivers.

However, improving engagement isn’t always easy. Clients can be resistant to their diagnoses, their care regimens, and the costs associated with their treatments. Overcoming these obstacles is a primary concern for patient-centered organizations. The strategies detailed below represent best practices for getting patients past the blocks preventing them from engaging deeply with their healthcare.

Collaborate With Patients on Their Healthcare Goals

Patients are far more likely to feel vested in their healthcare outcomes when they’re given a voice in their care. Instead of a physician dictating a regimen that’s divorced from the realities of the patient’s life, it’s more effective to treat care as a conversation.

For example, a patient suffering from high blood pressure might decide that their healthcare goal is to stop being dependant on medication. When they come to this decision on their own, they’re more likely to develop the healthy habits necessary to achieve their goal.

Encourage Questions and Explain Things Thoroughly

Patients with a comprehensive understanding of their condition, what it means for them, and the purpose of their treatments will engage more deeply simply because they feel like active participants. Instead of receiving treatment edicts from their doctor’s ivory tower, they feel like partners in their care.

Therefore, it’s in a patient’s best interest for doctors to treat all questions with respect, and to answer them a patiently and as thoroughly as possible. This often means reducing complex concepts to explanations simple enough for a child to understand. Doctor’s shouldn’t assume their patients have the requisite knowledge base to grasp the ramifications of their health issues fully. They should listen first and then explain.

Take Advantage of Engagement Technologies

Several technologies can be utilized to increase engagement. Patient portals make it easy for them to ask questions, access previous conversations, request refills, make payments, and more. Portals increase engagement by allowing real-time access to care options in unprecedented ways.

Telehealth technologies do the same thing for patient appointments. When they need to see their doctor, patients are more likely to act when they know a video chat is all that’s required. It’s faster for them, and the caregiver, which makes it more likely the patient will seek the care they need.

An underappreciated technology that’s quite effective at improving outcomes is an appointment reminder system. Simply reminding people of upcoming doctor visits dramatically increases attendance.

Create Patient Accountability

People are more likely to do what they’re supposed to when they know they’re going to be held to account for their actions. Gym buddies are an example of the sort of accountability that health practices should strive for. You’ll show up to the gym even if you don’t want to because you know you’ll have to explain yourself if your buddy shows up and you’re not there.

Once a patient chooses a goal, doctors should set up some means to ensure accountability. That might mean weekly check-ins. Support groups can also be an effective way of creating accountability.

However this accountability is accomplished, it’s critical that patients feel there are tangible consequences for not doing what’s required of them, consequences beyond their health.

Cultivate a Focus on Preventative Care

Illness can have a profound affect on a patient’s mental state. Depression and resignation can make it difficult for people to engage actively in improving their situation. That’s why preventative care is so critical. It helps keep people healthy so that they aren’t faced with major treatment issues.

Preventative care is an engaging practice because it’s proactive. It’s not a reaction to something external to the patient. It’s a conscious choice the patient makes. It means actively engaging in their health outcomes because they want to, not because an illness is forcing them to. Preventative care creates good habits that can then carry over if an illness does appear.

Patient-centered care is also a choice, one that hospitals and medical offices need to make every day. The suggestions offered here can help practices drive better outcomes for themselves and their patients.

Filed Under: Medical

Who is a Certified Revenue Cycle Representative? CRCR Exam Information

crcr healthcare professional
Revenue cycle management in healthcare is a critical discipline. It keeps the lights on and maintains a practice’s ability to see patients. Without it, efficient data collection and patient billing aren’t possible. And with healthcare complexity increasing year upon year, the hunt for qualified individuals assumes a higher priority.

Certified revenue cycle representatives (CRCRs) are revenue professionals with specialized credentials that ensure they have the knowledge, skills, and attitude needed for success in modern healthcare. CRCRs demonstrate their readiness by passing an exam administered by the Healthcare Financial Management Association.

Acquiring CRCR certification can be a wise career move for anyone in healthcare revenue cycle management that wants to extend their skills, increase their marketability, and scale their earning potential.

What Are the Responsibilities of a Certified Revenue Cycle Representative?

A CRCR handles a patient’s financial journey through the healthcare system — from the moment they request an appointment until the very last claim and payment has been handled. Representatives are tasked with shepherding this process to avoid the many pitfalls that can cause problems for the practice and their patients.

New patients come to a medical provider with a raft of information that must be carefully collected and notated. Mistakes at this stage can lead to insurance denials and other problems down the road. CRCR’s have the training required to handle even complicated pre-registrations.

Representatives must also be skilled with claims submissions and understand the nuances involved with accurately coding medical services. Improperly coded submissions may lead to financial losses and service denials.

Once claims are in process, there are plenty of back-office responsibilities required for proper stewardship of patient accounts, including payment posting, statement processing, collections, and handling claims denials. At each point, mistakes can cause delays, missed payments, and angry patients.

Ultimately, it’s the CRCR’s responsibility to maintain efficient procedures and systems that ensure insurance companies and patients appropriately compensate the healthcare provider, and that these fees are collected as quickly as possible.

What You Can Expect From the CRCR Exam

Candidates can prepare for their exam with online materials provided by HFMA. Members get access for free. A $399 fee is required for the study materials and the exam if you don’t join the organization.

To earn their certification, candidates must complete the full program and then score at least 70% of the questions right on their exam. They’ll have 90 minutes to complete the test. If they fail on their first attempt, they’re required to wait 30 days before making another attempt. Once awarded, certifications last for two years. Recertification is required every two years, earned by passing a recertification exam. It is recommended that you take at least a few sample practice tests to score good marks before you give the exam. The average salary for a Revenue Cycle Specialist in the United States is about 54K.

The test is 75 questions long and focuses on several broad topic categories, including:

  • Ethical practices
  • Compliance regulations
  • Patient-centric revenue cycle best practices
  • Revenue cycle KPMs
  • Best practices for patient financial communications
  • Payment models
  • Patient satisfaction management
  • Claims requirements
  • Patient estimates and price transparency
  • Financial assistance requirements

According to HFMA’s official course description, after completing your certification you’ll be prepared to:

“Identify processes and techniques for both enhancing the patient experience and improving financial performance, explore the most effective ways to reduce denials and simplify collections, review regulations to assure compliance, outline effective ways to increase interdepartmental cooperation, heighten staff confidence and improve work satisfaction, and create effective ways to measure revenue cycle staff proficiency, recognize staff knowledge and expertise, and decrease turnover.”

Like any other certification, the CRCR provides its recipients an edge over the competition. They become more attractive to employers because their certification provides tangible proof that they have the skills medical offices are looking for. Once on the job, they’re more effective due to the specialized skills the CRCR training provides.

Holding a CRCR certification offers revenue professionals a more nuanced perspective on their industry. They’re better equipped to keep current with the inevitable shifts in practices and procedures that occur as healthcare evolves. And because they’re required to recertify every two years, their knowledge is guaranteed to be up to date.

Healthcare revenue workers looking to cement their place in the industry would do well to become a certified revenue cycle representative. It’s good for them and it’s good for healthcare generally.

Filed Under: Medical

Allscripts EHR Features, Benefits & Debt Collection Integration

There are a lot of challenges faced by medical practices today. Between providing high-quality care, improving the patient experience, dealing with the constantly evolving world of medical regulations, managing finances, and more, these challenges can overwhelm medical care providers. This is why an all-in-one solution that meets medical practices’ multiple challenges is so important. This is what Allscripts Professional EHR provides for users. Allscripts is a platform developed by physicians for physicians and can offer your practice a wide range of solutions.

Are you already using AllScripts? Have unpaid medical bills? 
Need to transfer your unpaid medical bills to a debt collection agency? Contact us

  • You decide what should be the minimum outstanding balance eligible for collections.
  • Only send accounts if a payment hasn’t been made in _(60/120/180) days.
  • Send 5 collection demands to your patient or transfer directly for debt collection calls.
  • You are in total control of the process. Dedicated medical & dental debt collectors.
  • Contact us for a demo of our free AllScripts debt collection utility. 

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To get the most out of Allscripts EHR, it’s important to understand and effectively utilize its features. Here are some tips:

  1. Comprehensive Training: Ensure that all staff members who will be using Allscripts receive thorough training. This includes not only doctors and nurses but also administrative and support staff.
  2. Customize Templates and Workflow: Allscripts allows for customization of templates and clinical workflows. Tailor them to your practice’s specific needs to save time and improve efficiency.
  3. Utilize e-Prescribing: Make full use of the e-Prescribing feature to streamline the prescription process, checking for drug interactions, and improving patient safety.
  4. Implement Patient Portal: Encourage patients to use the patient portal for scheduling appointments, accessing their health records, and communicating with healthcare providers. This can improve patient engagement and reduce administrative workload.
  5. Leverage Reporting and Analytics: Use the reporting and analytics features to track and analyze clinical data. This can be used for quality improvement, meeting regulatory requirements, and making informed clinical decisions.
  6. Regularly Update: Keep your Allscripts EHR software updated to ensure you have the latest features and security patches.
  7. Integrate with Other Systems: Where possible, integrate Allscripts with other systems such as billing, lab systems, and radiology. This helps to centralize information and reduces the need for redundant data entry.
  8. Utilize Mobile Applications: If available, make use of Allscripts mobile applications to access patient information and perform tasks on the go, which can be particularly useful for providers who move between locations.
  9. Data Migration and Management: Ensure data is migrated correctly from any previous systems and keep it organized within Allscripts. Clean and organized data is crucial for efficient operations.
  10. Use Voice Recognition: If compatible, utilize voice recognition software to dictate notes directly into the EHR. This can save time and reduce the burden of documentation.
  11. Configure Alerts and Reminders: Set up customized alerts and reminders for preventive care, medication management, and follow-up appointments, enhancing patient care and adherence to treatment plans.
  12. Security and Compliance: Ensure that your utilization of Allscripts is compliant with healthcare regulations like HIPAA. This includes proper security settings and regular audits of user access and data.
  13. Seek Feedback and Improve: Encourage feedback from your team members regarding the usability and efficiency of Allscripts in your practice. Use this feedback for continuous improvement.
  14. Engage with Allscripts Community: Participate in Allscripts user groups, forums, and events to learn from other users’ experiences and to share your own. You can also keep abreast of new features and best practices.
  15. Get Support When Needed: Don’t hesitate to reach out to Allscripts customer support for help with any issues or to clarify features that you’re not familiar with.

By effectively utilizing and optimizing Allscripts EHR, you can enhance clinical workflows, improve patient care, and streamline administrative tasks within your healthcare practice.

1. Integrated Systems 

One of the biggest challenges medical practices face is how to get different systems used throughout a group or even within the same practice to work together. Using disparate systems leads to everything from duplicated work to major mistakes that can cost your practice in a big way. Allscripts EHR allows systems and technology to integrate and communicate seamlessly and allows for a streamlined flow of information that ultimately leads to better overall results for patients and the business.

2. Customizable Platform  

All practices and specialties within the medical field are different. That is why it can be hard to find the right all-in-one solution if those solutions aren’t flexible enough to work for your specific needs. Allscripts EHR Is a customizable platform that can be set up to meet your individual challenges and provide the exact solutions you are looking for. To make things even easier. Allscripts offers a wide range of templates and protocols for multiple practice specialties that can be ready to go out of the box. The templates are based on internal workflows and are also fully customizable.

3. Manage Revenue Cycle 

Medical practices are businesses like any other business at the end of the day and they need to manage their finances accordingly. Even non-profit medical centers need to make sure their accounts receivables are in a healthy position in order to be able to offer the quality care they need to. Allscripts EHR helps practices deal with insurance and individual payers, government incentives, billing, collections, denial management, and lets organizations get paid quickly and accurately. Having the financial side of the practice aligned in a single program like this will increase the financial health of any medical institution.

4. Better Patient Portal 

In addition to making life easier and more convenient for your employees and partners, Allscripts EHR can improve the overall patient experience as well. The user-friendly and comprehensive patient portals that Allscripts offers allows patients to receive safer and more informed care. It also allows patients to engage in their own treatment in a meaningful way which is good for both patients and doctors.

5. Keep Up with Regulations 

As all physicians and medical professionals know, the world of governmental medical regulations is always changing and can be very difficult to keep up with. These people also know what not keeping up could mean in the form of financial penalties or worse. Allscripts EHR supports multiple regulatory systems and is constantly updated to reflect the latest rules and regulations. Keeping your practice in compliance has never been easier than it will be with Allscripts.

Conclusion 

As you can see, Allscripts Professional EHR offers comprehensive, customizable solutions to meet any practice’s needs. These are just a few of the benefits the platform offers. See exactly how Allscripts EHR can help your practice by visiting Allscripts.com today for more information.

Filed Under: Medical

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