Nextech Blog

4 Must-Have EMR Features for ICD-10 Compliance

Tycene Fritcher on 01/27/2015

Having the best and most up-to-date Electronic Medical Records (EMR) software will significantly ease the ICD-10 transition, allowing for better familiarity, faster adoption, and less disruption in cash flow after the deadline. Specific EMR features and functionalities exist within these software systems that can assist healthcare providers with ICD-10-CM as they train and integrate these codes into their specialty-specific practice. Here are four must-have, key EMR features to look for when purchasing or updating their software to fulfill ICD-10 and Meaningful Use requirements.

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Topics: ICD-10, EMR

Notes on preparing for ICD-10

Tycene Fritcher on 01/26/2015

Whether your practice has been preparing for ICD-10 for some time now or are just beginning to prepare for the imminent changes, it's imperative that you ensure you're entirely set for the introduction of the new code regulations. While your staff may have already read countless articles on how to adjust their day-to-day practices and understanding of billing and coding to fit the ICD-10 transition, you may want to take a high-level look at your practice or clinic to be positive everything is in place. If you're seeking some helpful advice on getting ready for the arrival of ICD-10, take a look at these tips:

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Topics: Electronic Medical Records, ICD-10

ICD-10 & Tracking the Ebola Outbreak

Nathan Brown on 01/23/2015

The Ebola Virus Continues to Spread

Ever since cases of the virus first showed up in Guinea back in March 2014, newsfeeds have been regularly flooded with stories about the West Africa Ebola outbreak, and even more so when the infection briefly appeared in the United States. The Centers for Disease Control (CDC) claims that “The risk of an Ebola outbreak affecting multiple people in the U.S. is very low.” While this is true, the outbreak continues to spread abroad, and the CDC has declared the 2014 Ebola epidemic as “the largest in history, affecting multiple countries in West Africa.” While the virus can only be spread through direct contact with the blood and/or bodily fluids of a symptomatic person, Ebola is still very contagious. It also has a high mortality rate of approximately 53% (to give some perspective, the mortality rate recorded during the last outbreak of the SARS virus was just shy of 10%).

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4 tips for improving revenue cycle management

Tycene Fritcher on 01/22/2015

Here are a few ways you can improve revenue management to build a more profitable practice. Read More

Topics: Revenue Management

Preparing for ICD-10 [VIDEO]

Tycene Fritcher on 01/21/2015

Hello and welcome to our video blog, aimed to help your practice with anything from electronic medical records to revenue management. Read More

Topics: ICD-10

Ease into ICD-10: EHR that Supports Side-by-Side Coding

Brian Gennusa on 01/20/2015

Most top tier EMR/EHR software systems will include an ICD-10 General Equivalency Mapping (GEM) tool to assist you and your administrative personnel with side-by-side medical coding. The software’s GEM functionality translates diagnostic and procedural codes from ICD-9 to ICD-10 and offers other critical information that connects codes in ICD-9 to codes in ICD-10, such as:

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Topics: ICD-10, Side-by-side coding

Another Year of Meaningful Use

Nathan Brown on 01/14/2015

It's now 2015, and all Medicare providers will soon be required to at least begin demonstrating compliance with meaningful use of Electronic Health Records (EHR). Failing to meet this requirement will start to come with a penalty cost, as of the New Year, triggering a +1% reduction in Medicare reimbursement every year through at least 2017 and possibly later.

In 2015, CMS requires Stage Two Meaningful Use compliance by providers who have already fulfilled the Stage One requirements during the previous 2-3 years.

The core requirements for Stage Two compliance are dependent upon successful installation and mastery of sophisticated information systems that can support EHR exchange between providers and patients as well as between providers and other providers. Some of these are:

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Topics: meaningful use

The Importance of Up-Front Patient Payments

Tycene Fritcher on 01/13/2015

We've posted previously about the benefits of e-eligibility services for specialists. The core reason for adopting an e-eligibility service is that it enables a practice to communicate accurately to patients, prior to administering care, their responsibility for the cost of care. Having that determined early on paves the way for collecting up-front patient payments – a practice steadily gaining momentum as patients take a more active role in paying for their healthcare.

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Topics: revenue cycle management

ICD-10 Challenges for Healthcare Providers and Payers

Nextech on 01/12/2015

The switch to ICD-10 means dramatic changes to the U.S. healthcare infrastructure in terms of one-on-one patient care, clinical documentation, and insurance claims processing. It’s not enough to fully implement ICD-10 in a private practice with doctors and their personnel. Physicians also need to ensure that all of their business partners (i.e. EHR software vendors, payers, and clearinghouses) are up to speed and will be ready for ICD-10 by October 1, 2015.

The following is a closer look at two of the challenges that healthcare providers and payers specifically face in the midst of an ICD-10 transition, along with how to overcome them.

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Topics: ICD-10

4 Quick Tips to Prevent ICD-10 Disruption to Your Specialty Practice

Tycene Fritcher on 01/09/2015

Implementation of ICD-10 will lead to significant changes in our national healthcare system in terms of patient care, clinical documentation, coding and billing, medical health records, and research. If you believe that ICD-10 won’t take much time and energy to implement in your specialty-specific practice, you will probably want to file it away for your to-do list in September 2015. Doing this, however, would be absolutely catastrophic for your overall revenue stream after the ICD-10 deadline, which is October 1, 2015. Why? If insurance claims for medical services on or after October 1, 2015 don’t have the correct ICD-10 codes, you will face heavy delays and flat-out denials.

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Topics: ICD-10