The Truth Behind Why Doctors Lose Money.

The Truth Behind Why Doctors Lose Money.


What is Meaningful Use and How Does It Impact My Practice?

The Medicare and Medicaid EHR Incentive Programs are unfolding in three steps:
Stage 1 (launched in 2011): Encourages adoption of electronic health records (EHRs), focusing on data capture and sharing. All providers begin Meaningful Use participation by meeting the Stage 1 requirements.
Stage 2 (2014): Addresses advanced clinical processes and the ability to exchange information privately and securely. CMS recently finalized the rule that specifies the Stage 2 criteria.
Stage 3 (date to be announced): Expected to address the ability to use that information to improve quality of care, achieve better quality outcomes, simplify administrative systems, control costs and manage public health and population.
The incentives for participating in Meaningful Use are considerable: under the Medicare EHR Incentive Program, eligible professionals (EPs) can receive up to $44,000 over five years. In the Medicaid EHR Incentive Program, EPs can receive up to $63,750 over six years.
However, if Medicare eligible professionals do not adopt and successfully demonstrate Meaningful Use of a certified EHR technology (CEHRT) by October 1st, 2015, the EP’s Medicare physician fee schedule amount for covered professional services will be adjusted down by 1% each year.
The adjustment schedule is as follows:
• 2015: 99% of Medicare physician fee schedule covered amount
• 2016: 98 % of Medicare physician fee schedule covered amount
• 2017 and each subsequent year: 97% of Medicare physician fee schedule covered amount
These penalties will add up to significant, ongoing costs—and could put some practices at risk.
Currently, the only potential relief from these adjustments is if less than 75% of EPs have become meaningful users of EHRs by 2018. In that case, the adjustment will change by 1% point each year to a maximum of 5% (95% of the Medicare covered amount).

In addition, the Recovery Act allows for hardship exception from the payment adjustment in certain instances. The exemption must be renewed each year and will not be given for more than 5 years. CMS is developing more information on payment adjustments and the requirements to qualify for a hardship exemption. Using the right EHR can help providers make better care decisions by using comprehensive patient information, reduce and prevent medical errors, and improve patient outcomes.  If you haven’t yet adopted an EHR, or are dissatisfied with your current product, it is not too late to implement the right system and plan for success with Meaningful Use and beyond.

If you are looking to be able to attest for the meaningful use incentive it is imperative that you begin now and get a certified EHR system in your practice.

Don’t Be Afraid of change, It Could Save Your Practice.

 Don’t let the new healthcare laws and rules get you under the weather. Look to the experts to get you where you need to be. It’s simple to get in compliance and we definitely have the tools to help you boost your patient engagement, as well as boost your profits from your medical insurance reimbursements. Trust that the Evolving, Efficient, Experts in Healthcare can make your practice do a 360 and make those A/R turn from red to green. We are giving you the green light to take your practice back and make it the haven you have dreamed of. Our state of the art system is adaptive to you and your personality and not the other way around. You have full control over what you want it to look like and how you want it to work for you. No longer will you have to waste countless minutes or hours searching for paper files, we can cut it down to merely seconds with our automated system. Now, I for one am not looking to waste time because for you your time is needed to be dedicated to your patients and not to charting. See more patients and waste less time. Sounds like a win win right? Well, yes it is a win win for you, your staff and your practice as a whole.  We are in the business of helping medical providers get the money they have been losing. We can help you do a total restructuring of your practice’s practices. Let Triple E Medical Solutions do the back end business and you focus on what you trained and practiced for years to do, which is take care of patients.

It is no secret that most people are really scared of change and usually don’t just get up and make a drastic change at the drop of a dime. Well we are not asking you to change from your practices but improve on them and take some suggestions that will ultimately make you more profitable than ever. You may love the system that you are using and if that is the case then simply don’t make the switch but look to us to run your system for you, so that you and your staff can focus on the more important things such as your incoming and outgoing patients. Simply put we are able to accommodate any type of system and we are able to do what we do effectively and without error. 

We are dedicated to providing our customers and clients with superior customer service and satisfaction. We pride ourselves as being the experts that can make a difference in your business as well as your cash flow. Don’t be afraid to make a change it could save your practice. 

Contact us today and see how the difference can be made with some simple easy steps. 

Phone: (888) 338-7293 FAX: (888) 391-2109



Obamacare Creates Two Million Free Agents

Leo McNeil

According to the CBO, Obamacare will be responsible for eliminating 2 million jobs. The CBO also tripled the number of working hours lost due to Obamacare. Republicans are of course saying “I told you so.” Harry Reid seems to think that Obamacare doesn’t cost people jobs, it simply turns them into “free agents.” Unemployment has officially been changed to free agency. The White House response isn’t any better. Losing 2 million jobs isn’t “cause for concern” you see because workers have a “new set of options” and will therefore make the “best choice” given those options. One of those options appears to be unemployment or in Democrat newspeak “free agency.”

For those in the individual health market, Obamacare has already cause a substantial increase in premiums and deductibles. For those who get insurance from their employer, when the employer mandate kicks in two million are going to…

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Don’t Tip Your Competitors on Twitter. Beat Them.

This is not only good for reporters but for businesses. Don’t let the competition get the edge on you. Instead take the edge and run with it so that you can stay on top and put your competitors in the dirt.

The Buttry Diary

You can’t get scooped because competition gets tipped to a story when you tweet about it. Your tweets already scooped the competition.

A Digital First engagement editor who’s been teaching colleagues how to use Twitter got these questions from a veteran reporter:

Thank you for helping me understand Twitter and how to use it. What I don’t get is: If we tweet where we are and what we’re doing, how do we keep the competition from making a few phone calls on a story we sat through a meeting to sift out and develop? Or they’re not at the fire, but I’m tweeting and now they know.

And if I give results on Twitter, why would they buy a paper to see the results of the game?

I thought Twitter was to draw readers to our paper. So this is a struggle.

This is classic print-centric thinking. The newspaper has…

View original post 2,383 more words

Questions to ask your billing company and EHR vendor.

In the forever changing healthcare field there are some very important questions one should ask if they are considering outsourcing their billing or purchasing an EHR software or service. One must ask questions in order to become knowledgeable on what’s out there in the market and how it can impact your practice. With the many changes and compliance rules that have been set forth and some already in play it is imperative that medical providers from all specialties be aware and take heed to companies that are solely in it to make a profit and not have their best interests in mind.  

When deciding to make the leap and purchase a system that will give you control and access to your patients records anywhere, at any time you must do some research. Here are some questions you should ask the vendor to explain as this will be critical to the success of your practice in the long term. 

  1. Is your system 100% HIPAA compliant, and what type of encryption do you use for file transfer and storage? 
  2. Is your system 2014 Meaningful Use Certified?
  3. Does your system possess a Meaningful Use Report Card?
  4. Will my staff be able to get real-time eligibility status for my patients?
  5. Is your system equipped with ICD-10 codes? 

 If the vendor is unable to answer these questions you may need to keep searching for a company that is equipped and ready for 2014 and all of the deadlines that are in store for the upcoming year.  The reason for that is to ensure that you are in total compliance and do not fall victim to penalties and fines for being in non-compliance. Choosing an EHR system can sometimes be difficult, but by conducting a proper market analysis and research and asking some of the above questions you should be able to easily eliminate some companies from your list. 

The same principles from the above also directly correlate to a practice choosing to outsource their billing, or continue to keep their billing in house but give them the tools to be more effective at posting claims. Why lose out on money from your claim reimbursements? There are many companies out there that can promise to deliver but never do. If you are considering working with a billing service for the first time or switching to a different billing service, it is important to understand what the medical billing service can do for your practice and the various service levels offered by different organizations. Here are some questions you can ask a potential medical billing service company in order to see if they are a right fit for your needs.

  1. Are most of their services electronic?
  2. Which electronic transactions and operating rules does your company support?
  3. How can sending and receiving electronic transactions through your billing service benefit my practice?
  4. How long will it take to receive payment from claims?
  5. Who owns you’re billing data?
  6. Do they have a compliance plan in place? Are they HIPAA compliant? What are their security protocols?
  7. What will it cost?

By asking these questions you gain a great insight of the company and where they are at and if they can effectively aid in the repair of your revenue cycle. It is no secret that everything in the healthcare arena is changing and there are many guidelines and rules that will have a great effect on a practice if they are not weary of them. 

If you would like further information regarding revenue cycle and haw the above mentioned issues can affect you, your practice and your staff do not hesitate to contact us today. 

Triple E Medical Solutions LLC, is here to provide you real time solutions to your real time problems. Let the Evolving, Efficient, Experts in Healthcare patch the holes in your cash flow pipeline. By following the above mentioned guidelines you should be well on your way to making a great decision in the health of your practice. 

Phone: (888) 338-7293
Fax: (888) 391-2109
Website:Triple E Medical Solutions LLC

Is Your EHR/EMR System Certified?

Representatives from the Centers for Medicare & Medicaid Services and the Office of the National Coordinator for Health IT recently reported on the progress vendors are making from the 2011 certification requirements to the 2014 certification requirements. The transition is not going well! In fact, of the 991 vendors that have a 2011 certified EHR product, only 56 (6 percent) also have a 2014 certified EHR product. Of those that have a certified product only around 10-15 companies have an ambulatory product.

What this means to you:
If your EHR vendor is not certified yet, they only have a little more than 2 months left. It may be time to either look for a new EHR that is certified or get a guarantee from your vendor that they will meet the 2014 deadline. Remember they need to reimburse you for lost incentive payments and any Medicare penalties if they are not compliant in time.
If you are shopping for a new EHR today, only choose one of the vendors that has a product that is Meaningful Use 2014 certified. Why take a chance on vendors that promise but have not yet been able to deliver?
2014 Meaningful Use is not just about getting an ONC certification; buyers must also evaluate usability. If your vendor is struggling to get certified or waiting to the last minute then they will probably be sacrificing usability. Meaningful Use is hard and you should require that your vendor has enough lead time to simplify the workflows for your practice.
Our service EMRx is certified for 2014 and Meaningful Use Stage 2. Our technology partner is a leader in cloud-based 2014 certified EHR systems and are among the first five pure ambulatory certified for 2014. Need a new EHR? Pick the only one that works in the cloud, is optimized for the iPad and that is 2014 Meaningful Use certified.

Contact Us Today for your FREE NO OBLIGATION practice analysis!!!!
PHONE: (888)338-7293 FAX: (888)391-2109