5 Steps to Ensure Revenue Integrity After Implementing a New EHR

The following is a guest blog post by Lisa Eramo, a regular contributor to Kareo’s Go Practice Blog. In the rush to implement EHRs for Meaningful Use incentives, many practices lost sight of what matters most for continued success—revenue integrity, says Joette Derricks, healthcare compliance and revenue integrity consultant in Baltimore, MD. Revenue integrity—the idea that practices must take proactive steps to capture and retain revenue—isn’t a novel concept. However, it’s becoming increasingly important for physician practices operating in a regulatory-driven environment, she adds. Revenue integrity is also an important part of ensuring smooth cashflow during and after the transition to a new EHR, says Derricks. This is a time when revenue opportunities are easily overlooked as practices adjust to new navigation, templates, and more, she adds. Revenue integrity is all about compliance, says Derricks. “It’s about taking a holistic approach to operational efficiency, regulatory compliance, and maximizing reimbursement,” she adds. “It’s about doing things the right way.” Maximizing reimbursement isn’t about ‘gaming’ the system to upcode. Rather, it’s about implementing processes and procedures to ensure that practices are paid for all of the services they perform without leaving money on the table or generating revenue that payers will later recoup, she explains. Derricks provides five simple steps practices can take to ensure revenue integrity...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Certified EHR Electronic Health Record Electronic Medical Record EMR HealthCare IT Meaningful Use Medical Economics Revenue Cycle Management CPT Training EHR Billing EHR Templates ICD-10 Training Joette Derricks Kareo Lisa Eram Source Type: blogs