Having an Electronic Medical Records (EMR) software that integrates with corresponding Practice Management (PM) and billing solutions provides practices with the power to seamlessly streamline their day-to-day processes, from documentation to billing to insurance claims submissions to scheduling appointments.
Improved Practice Efficiency & Accurate Data Documentation
When a practice’s EMR system works separately from their PM solutions, the amount of time required for data entry is doubled. In an unintegrated EHR software, a patient’s information must first be entered into the scheduling and billing modules. For the second time the same information will have to be documented again in to the system to create a medical record for the patient.
An EHR software that is fully integrated with a Practice Management (PM) software has so many other benefits. It helps save a lot of useful time and makes practice management very simple and time-saving. The integration not only helps the physicians but also helps the staff like nurses and receptionists. The documentation that used to take 60 minutes before can be done in 30 minutes because before the integrated EMRs you needed to input data separately on both medical records and on the Practice Management Software.
Cloud-based EMR Software and PM software which are not integrated have proven to be both redundant and inefficient, but these weaknesses have a some effect on more than just data entry time. They also have a negative impact on practice costs, especially when it comes to the increased likelihood of errors in billing or insurance claims that come with redundant data entry. After all, the more times that a human must input the same data is just more chances for typos and other errors that could result in underpayments or rejected insurance claims.
The best way to prevent the abovementioned revenue-eating problems from cutting into your practice’s profit margin is to implement a fully integrated EHR/PM solution.
Improved ICD-9/10 Codes
A fully integrated EMR & PM system allows any input of data to be immediately transferred and shared across all tools and modules. This means data that is input into a patient’s EMR will be automatically transferred into the billing area, ensuring that the bill matches up appropriately and removing the potential for physical error. It also ensures that the proper ICD-9/10 codes are transferred from the EMR system to the bill or insurance claim.
Better Decision through Better Analytics
It’s essential to have an integrated EMR and PM solution that offers an analytics feature that provides better visibility across all areas of your practice, improving both business and clinical performance with just a click.
Having a fully integrated Electronic Health Records(EHR) Software and Practice Management (PM) Software solution should not be considered a need in today’s fast paced healthcare market. An integrated system offers both physicians and their staff with the tools they need to bring together the various complicated aspects of running practice into a single and simple solution.