4 Common Challenges in EHR Implementation

Posted by Advent Health Partners on Oct 19, 2017 9:30:00 AM

Since the initial implementation of EHR incentive programs in 2009, 73 percent of eligible providers in the US have registered. Although many of these changes to record management have been successful, sometimes on boarding and adoption isn't always easy.

Dedicating the time, resources, and cooperation across an entire organization can be difficult... especially while continuing to run standard operations. In our experience, besides cost, it's among the primary objections for adopting an EHR.

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How Can Unstructured Data Benefit Your Healthcare Organization?

Posted by Advent Health Partners on Jul 11, 2017 5:41:28 PM

Big Data is everywhere and it's likely that your organization is compiling massive amounts of information. The question is, how well is your organization utilizing this data? While technology has allowed you the ability to capture most information, and many organizations have upgraded their old paper filing system to an EHR system to better manage information, the healthcare industry still struggles with the use of their gathered information.

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CAVO: Find Your Buried Treasure with the Right Technology

Posted by Advent Health Partners on Jun 21, 2017 7:58:44 AM

Data is arguably your most important asset. Google set the standard and thousands of companies are focused on understanding the world through data. With the coming renaissance in machine learning, your data is even more valuable because it will be possible to track trends and draw conclusions from both discrete and non-discrete data.

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The Impact of Paperless Billing on the Healthcare Industry

Posted by Advent Health Partners on May 9, 2017 3:04:38 PM

It's clear that paperless billing offers a dramatic improvement to the revenue cycle management for most healthcare organizations. Leading sources, such as HFMA, point out that the increase in patient responsibility for their own healthcare costs means that there needs to be a dramatic shift in the strategy for patient collection. Accounting for a much higher percentage of the organization's yearly revenue, the traditional model for billing individual patients is no longer adequate to offer sustainability.

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Can Healthcare Search Capabilities Change Claim Reviews?

Posted by Advent Health Partners on Apr 5, 2017 10:20:26 AM

As technology grows and changes, so does much of the healthcare field. First and foremost, treatments are becoming more advanced. What patients see aren't the only aspects of healthcare that have changed throughout the years. Everything that goes on behind the scenes has evolved due to technology as well.

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How Technology Can Process Unstructured Data

Posted by Advent Health Partners on Mar 2, 2017 1:08:49 PM

Commercial and government healthcare payers encounter huge numbers of "dirty" claims each year. Those they receive with missing or incorrect demographics or obvious mismatched coding can be rectified with relative ease. However, when the claims present deeper problems that require more thorough investigation, both payers and providers must dig through mountains of patient information that may not fit into the regular database model of information capture and storage.

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Why Going Paperless is Essential for Healthcare Providers

Posted by Advent Health Partners on Feb 17, 2017 3:13:25 PM

While implementation of healthcare technology can mean high initial costs, the potential boosts to ROI for hospitals and other healthcare providers often more than offsets the price. Electronic health records (EHRs) can reduce costs in a number of ways and at a large scale — savings estimates for individual organizations range from $37 million to $59 million over five years. However, its positive impact on the often frustrating claims appeal process is one of EHRs great successes in the field of cost recovery.

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How Health Informatics is Changing Patient Information Retrieval

Posted by Advent Health Partners on Feb 10, 2017 9:24:45 AM

While the implementation of electronic health records (EHRs) promises to improve patient outcomes, EHRs are also an important tool for healthcare providers looking to reduce long-term costs. While their improved patient information retrieval systems have the power to cut costs in a number of areas, EHRs are especially useful for resolving medical necessity claim denials.

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How to Connect Data Without the Hassle of IT

Posted by Advent Health Partners on Jan 27, 2017 9:25:00 AM

According to Becker's Hospital CFO, health organizations lose at least 1% of annual net revenue to claim denials. Some estimates place that amount as high as 4-5%. For a 300-bed facility, even that 1% loss can add up to $2-3 million each year.

The appeal process requires considerable time and resources. Industry experts report that one in five claims requires resubmission. Demographic and technical errors are the primary culprits behind claim denials, accounting for 61% of denials and 42% of write-offs. More than half of denials can be attributed to commercial payers, who have more complex data requirements than government insurers, resulting in additional time to locate errors and resubmit claims. Since it typically costs about $25 to rework one denial, all too often hospitals merely write them off. Fortunately, health organizations can adopt policies and practices that considerably enhance claims recovery by connecting data without requiring additional resources and complicated IT solutions that can disrupt workflow.

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