Medical Practice changes needed to recoup costs of EHR adoption

A recent article in Medical Economics discusses a new study that shows that just getting the Meaningful Use incentive money ($44K) for implementing a new EHR system is not enough for most smaller practices to be successful.  The implementation of an EHR alone will not improve the profitability of a practice.

The article states: “Offices that experienced a positive return saw more patients or improved billing to achieve fewer rejected claims and higher reimbursement from insurance companies.”

Partnering with a reputable medical billing company can help a practice improve its medical billing reimbursements.  By outsourcing the billing, a practice can focus on providing patient care, not to mention increase its patient base.

Click here to read the full article

Vitruvian MedPro, a Massachusetts medical billing company, we can help medical practices improve cash flow and focus on patient care.  We offer at free practice analysis of the revenue cycle managament of the practice where we can determine whether it makes senses for a practice to outsource their medical billing.