It is a grim irony that the greatest health crisis of our generation separated most Americans from their healthcare providers. During the early months of the COVID-19 pandemic, most medical practices that responsibly followed social-distancing guidelines drastically limited in-person visits or were shuttered entirely. But as doctors start to open their doors to patients again, one thing should be clear: We cannot go back to the way things used to be. For even though pre-COVID surveys showed that
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Medical Practices
Analysis: August Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of August 2020.
M&A is back and the velocity of the rebound has outpaced all expectations. The recovery quickly worked its way across the spectrum from large to small-cap, beginning with the larger cap NASDAQ rally of nearly 80% from lows in late March (only to soften in recent days), followed by multi-billion
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How Data Silos Are Ruining the Modern Healthcare Industry
With new administrative requirements and an increasingly competitive market, the job of a healthcare professional is no longer just about providing care to patients. In fact, healthcare professionals now spend an average of 10 hours per week on paperwork and administrative tasks, according to a 2018 survey from Medscape. This can be frustrating, and it’s only compounded when healthcare workers have to enter the same exact information over and over again—a tedious reality for many healthcare
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AMA Approves 2 New CPT Codes to Support Response to COVID-19
What You Should Know:
- The American Medical Association adds two new CPT codes
to streamline the reporting of innovative tools and services now available to
help reduce the COVID-19 disease burden.
- The two new codes 99072 and 86413 have been approved for immediate use.
The American Medical Association (AMA) published
an update to the Current Procedural Terminology (CPT®) code set that
includes two code additions for reporting medical services sparked by the
public
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DrChrono Integrates with Rioch to Streamline Patient Onboarding & Reconciliation for Medical Practices
What You Should Know:
- DrChrono integrates with Ricoh’s Smart Integration
Healthcare add-on to enable a medical practice to easily scan a patient’s
driver license to auto-populate the corresponding fields into their EHR/PMS
system.
- The Healthcare add on also includes the ability to directly scan documents, such as referrals, patient history forms, or consent forms. This goes right into the patient record in the EHR, replacing the multiple steps of scanning, saving, and uploading
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RCM Myth: Healthcare Billing Is Just A Back-Office Job
Historically, there was a belief in healthcare that revenue cycle management (RCM) was only a job for the back office. But today, medical practices are well-aware all staff members are critical to the revenue cycle. This responsibility extends through every aspect of a practice, from the front office to back office with the clinical staff in between.
The front office, for example, plays a role in generating revenue, because they can optimize scheduling and collect patient and insurance
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Innovaccer Launches Free COVID-19 Management System to Support Early Community-Based Triage
What You Should Know:
- In order to assist providers in managing their influx and connect with more patients, Innovaccer has launched the free ‘COVID-19 Management System application with free telehealth services and analytics to assess risk profiles and triage the influx at medical practices and primary care clinics
- The application is designed to assist government and healthcare organizations in providing immediate assistance to patients through remote assessments, monitoring,
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COVID-19: Why Limited HIPAA Waivers from HHS Don’t Do Enough To Address Telehealth
What You Need to Know:
- HHS issued some very limited HIPAA waivers to combat COVID-19999, but experts say it leaves out some very key guidance when it comes to telehealth.
- Alissa Smith, Partner at Dorsey & Whitney says the HHS is likely going to have to revisit this issue given the limited waivers issued this week.
The main thing I am hearing from my health care provider clients is that they are seeking HIPAA-related guidance
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RCM: Boosting Practice Revenue Through Patient Financial Clearance
Medical practices have to balance many things. But one of the biggest balancing acts, which often gets overshadowed by patient care, involves keeping finances in the black, by ensuring revenue cycle management (RCM) flows smoothly. Whether practices are solo independent ventures or large, multi-specialty networks, the struggle is real.
When we discuss the most impactful ways to keep a practice’s bottom line in check — and keep the revenue cycle healthy — most people think of back-office
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FHIR-Based APIs Health Gorilla Becomes Largest CommonWell Connector
What You
Need to Know:
- FHIR-based API Provider Health Gorilla is now the largest CommonWell Connector by connecting more than 15k participating provider sites within the CommonWell nationwide network.
- Health Gorilla was the first CommonWell member to join the CommonWell Connector program, and subsequently, had the first client live via a CommonWell Connector connection
Health Gorilla, a provider of FHIR-based APIs, today announced that it has successfully connected more than a
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