How EHRs can assist specialty practices with federal directives
Federal healthcare initiatives tied to reimbursement, which invariably apply to all healthcare providers, tend to mean equal pain for unequal gain to specialty practices.
Specialists usually offer a higher rate of elective services and are therefore less dependent upon payer revenue, yet must transition to ICD-10 if they bill any payers at all. Similarly, though Medicare and Medicaid payments are usually a less significant portion of the revenue stream than for primary care providers, specialty practices must go through a rigorous attestation process when electing to pursue meaningful use incentives.
However, a properly specialized EHR can greatly relieve these burdens in a way that is not typically available to general practitioners. A vendor attuned to the needs of a specialty practice can recognize the initiatives tied to reimbursement that have nothing to do with the specialty, and, as a result, provide an IT solution that delivers maximum impact for those elements that do matter. Click here to read more.