Tag: medisoft

EHRElectronic Medical RecordsEMRIntegrated Cloud Based SolutionsMedisoft

Five ways HIT will reduce the cost of health care

HIT presents many opportunities to improve healthcare delivery in America, from changing the way healthcare is financed to enhancing efficiency. Jerry Buchanan, account director, healthcare technology and services at eMids Technologies, shares five ways that health IT can cut healthcare costs in the long-term.

1. Improved standards of care

Analyzing data collected by electronic health records provides the best treatment methods, leading to a healthier population. “Whether this data is combined with financial data to analyze cost effectiveness or not… is tangential to the overall goal of knowing the best way to handle treatment for each individual patient,” Buchanan noted.

2. Increased patient involvement and collaboration

America’s health expenditure is in a large part due to chronic health issues. Chronic diseases brought on by poor lifestyle choices are difficult to handle, but health IT “provides a clear avenue for enterprising organizations to develop innovative disease management solutions to address the issue,” according to Buchanan. Data retrieved from EHRs could also be useful in determining ways to stem costs associated with chronic illness.

3. Putting information at the forefront

The healthcare industry is constantly changing, and that results in an overwhelming amount of information to distill and absorb. Health IT offers a way to bring that information to the forefront.

4. Focus on outcomes

“The coming tidal wave of electronic clinical data provides an opportunity to replace our outdated, volume-based, fee-for-service business model with one focused on the quality of the product,” Buchanan said.

5. Transparency to the patient

Health IT should be used as a tool to include the patient in his or her own care. “Our current system of financing healthcare leaves patients completely insulated from the cost of their care,” said Buchanan. “Until we find a means for patients to educate themselves and question services, quality and price, the market forces that can naturally contain rising healthcare costs will never have an opportunity to work.”

EHRElectronic Medical RecordsEMRIntegrated Cloud Based SolutionsMedisoft

Beta release Notes for Medisoft version 17

Enhancement: Electronic Transaction Reporting

Medisoft® Version 17 (v17) includes four new reports to help you manage electronic transactions related to verifying your patients’ insurance eligibility and submitting claims to insurance providers.

The reports include:

  • Appointment Eligibility Analysis – Detail
  • Appointment Eligibility Analysis – Summary
  • Electronic Claims Analysis – Detail 
  • Electronic Claims Analysis – Summary  Each of these reports offers several filters for controlling the information that shows. In addition, several summary values appear on each report so that you can see the information at a glance.

Enhancement: Audit Reports

Medisoft v17 includes a feature that allows you to track the reporting and exporting of data when you generate audit reports. A new option on the Audit tab in Program Options allows you to turn this feature on or off. It is turned on by default. Certain reports or grids that are printed or saved to disk will be audited. Note: Previewed reports will not be audited.

The following types of information are included as part of the audit reports:

  • Data grids
  • Custom reports, including claims and statements

 When printed from either Transaction Entry or Statement Management, but not the Report menu or Report Designer, the audit reports include.

  • Medisoft reports
  • Office Hours data
  • Final Draft reports or data printed or saved to disk
  • Internal reports
  • Statements
  • Eligibility information

 Enhancement: BillFlash Integration

BillFlash integration applies to the Medisoft Advanced and Network Professional programs.

Medisoft now uses BillFlash to print and mail patient statements. With Medisoft v17, you can enroll in BillFlash directly from within Medisoft, as well as upload your statement files directly from Medisoft automatically. You can view and approve statement uploads to BillFlash by clicking links from within Medisoft. For more information on BillFlash and to learn how to enroll, go to http://www.BillFlash.com.

Within Medisoft, you can control several aspects of what prints on your statements, including which credit cards you accept, service messages you want to print, printing of account summaries and aging, and printing up to six messages to appear on statements. For more information, go to the Program Options – BillFlash tab.

Options on the Activities, BillFlash menu allow you to enroll with BillFlash, view and approve statements that have uploaded to BillFlash, see your account settings at http://www.BillFlash.com, and view reports such as the Disposition report. Each one of these menu options will open a different page on the BillFlash website.

The following windows in Medisoft have quick access to the eView page of the BillFlash website via a new View eStatements button. (In addition, when a patient is selected and Ctrl + F7 is clicked, the eView page will open for any statements for that patient.)

  • Patient List
  • New/Edit Case
  • Quick Ledger
  • Guarantor Ledger
  • Apply Payments (through Transaction Entry)
  • Collection List/Tickler
  • Edit Statements
  • Deposit List
  • Apply Payments
  • Transaction Entry (note that Calculate Totals has been moved.)

HIPAA X12 Version 5010 (ANSI 5010)

The following are changes made to Medisoft v17 to accommodate the upcoming change from the Health Insurance Portability and Accountability Act (HIPAA) American National Standards Institute (ANSI) Accredited Standards Committee (ASC) X12 version 4010A1 to ASC X12 version 5010 (referred to as ANSI 5010), as well as the National Council for Prescription Drug Programs (NCPDP) version 5.1 to NCPDP version D.0.5010. ANSI 5010 and NCPDP version D.0.5010 are new sets of standards that regulate the electronic transmission of specific healthcare transactions, including eligibility, claim status, referrals, claims and remittances. Covered entities, such as health plans, healthcare clearinghouses and healthcare providers, are required to conform to ANSI 5010 standards