What happens when you go paperless?

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• What happens when you go paperless?

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What happens when you go paperless?
The rising cost of healthcare in the United
States is moderately due to its dependence on
paper products. According to estimates the
healthcare industry spends around 300 billion
per year on paper, providing a strong incentive
for eliminating this expense. But, if you talk
about paperless medical billing process, then one
must know that the benefits it provides is
greater patient satisfaction, higher retention
rates and increased payment rates, especially
with online payments. Along with that it also
reduces collection costs, which customarily
requires a particularly large amount of
paper. To go paperless presents a challenge for
many healthcare units, regardless of their size
or type. Physicians must make fundamental changes
to their workflow, invest in new technology and
retrain employees. Plus, these changes are
especially dramatic for billing and coding
personnels that manage clients with complex
billing requirements. Heres what happens when
you go paperless with your medical billing
requirements. Going paperless presents real time
access to patient data The advantage of
Electronic Health Records (EHR) over paper
records are undisputable. With EHR, physicians
can instantly access patient data anytime and
anywhere they need to. They can look at lab
results and digital x-rays right away and connect
results to patients promptly. Physicians can also
recommend medications electronically.
Medical Billing Services in Oregon
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What happens when you go paperless?
EHR also makes partnership with other healthcare
professionals easier and more streamlined. When
you keep digital records on every aspect of your
patients care, it certifies that everyone
involved has the access they need at their
fingertips. Secured option Think for an instant
what would happen to your facility if a natural
disaster were to take place. If you are presently
using paper charts, chances are hurricane,
tornado, floods, or fire would destroy your paper
records and reduce your facility impracticable.
What would happen if you lost all of your
documents? Patient data protected by the proper
software management is much more secure than
paper files. Consult and partner with
experienced Medisys Data Solutions for best
practices and recommendations. Financial
Stability Although moving from paperless to
digital can cost more up front, in the long run
it will save you money. Firstly, you will no
longer have the expenditure of office supplies
and equipment such as patient charts, paper, and
labels, etc. You can renovate storage that used
to house paper files into usable patient space.
Your second area of savings will be in labor
charges related to paper charts creating,
pulling, filing, and finding lost charts all
consume a huge amount of workforce time.
Medical Billing Services in Oregon
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What happens when you go paperless?
Superior Productivity As we said earlier,
retrieving patient data will be much easier and
faster when you are operating digitally. Going
paperless will also save you the extra time it
might have taken to record information or
decipher what was written down by a physician.
Instead of having to translate the paper work and
input it into a computer system, physicians and
staff in the office are able to use computers
during appointments to capture all the
information needed, thus saving steps and
increasing overall efficiency. Satisfied
Patients Today, the regular patient uses
technology on a daily basis for all kinds of
things. So much of our lives is now handled by
mobile apps, email, and texts. We pay our bills
through banking apps, manage our food by ordering
online, and keep in contact with our doctors
electronically. Patients appreciate the
handiness and safety offered by paperless
practices. Going paperless in your medical
billing and coding will save your patients time,
and will allow them to connect with you more
easily.
Medical Billing Services in Oregon