Of late we have been receiving numerous calls from physicians and administrators alike about an important topic doing the rounds. Should they be pursuing EMRs from the standpoint of meaningful use alone, neglecting the Revenue Cycle aspect of their business, or is the federal stimulus not that important?
The reason for this bafflement is that although the latest EMRs and EHRs do come with more than adequate practice management systems; the older legacy EMRs had the bare minimum in terms of Revenue Management add-ons? So the foremost question on their minds is, when they finally do migrate to EMRs/EHRs which demonstrate “meaningful use” capabilities, will that automatically ensure that the “business part of their business” is also looked after?? Or should they have to be content only with the federal stimulus, and fend for themselves when it comes to optimizing their medical billing workflows.
Now, the answer for that might have seemed straightforward as little as a month ago; but with the recent Supreme Court verdict on the individual mandate, and the increased focus on ACO (Accountable Care Organization), this may not be so. Reason being, there would be a spate of new EMR/EHR vendors who would want to cover this new parameter when they program their software from ground zero. So it begs the question, should legacy system users wait for these new products, with more enhanced ACO-friendly and perhaps revenue management features, or should they immediately embrace an already existing federally compliant EMR/EHR in the market.
The truth is, much before the verdict of the Supreme Court, EMRs/EHRs were designed keeping in mind the physician performance criteria. Indeed such criteria cannot be measured otherwise, because the data involved here is huge, and electronic automation is the only way this will be achieved. Holistic products like GE Centricity, eClinicalWorks etc, have already such parameters incorporated into their EMR schema. Also, we do not believe any new EMR might showcase a yet-to-be-seen outstanding medical billing feature
But still, if you are a clinic burdened with legacy systems and looking to switch over to something more compatible with “meaningful use”, PQRI, ACO etc, do contact our EMR Product Support Team at 1-888-571-9069 or email us at firstname.lastname@example.org . We would be happy to share our extensive consulting/reselling experience in more than 50 EMR products.