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.
Penalties
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.

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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

EMAIL: info@tripleemedicalsolutions.com

WEBSITE: http://www.tripleemedicalsolutions.com

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
Email: info@tripleemedicalsolutions.com
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
EMAIL: info@tripleemedicalsolutions.com

FREE MONEY FOR HEALTHCARE PROFESSIONALS: Why leave it on the table?






DON’T WAIT ANOTHER DAY to cash in on the Meaningful Use Incentive!!! You are virtually losing money, and wasting time. Why waste time and lose out on money that you can use to better your practice? Time is ticking as the new healthcare exchanges and laws are in full effect. Don’t allow yourself to be affected negatively by the changes instead harness the changes to better your practice. By utilizing a certified EMR system you will help to give back to your patient by spending less time on paperwork and more time with them. You will also receive higher reimbursements for Medicare and Medicaid payments. Your rejection rate will fall through the floor, and here’s the kicker, you will receive several payments from the federal government to do so. Great right? 

Now, I know you must be wondering what’s the gimmick, right? Well folks, I hate to break the bad news to you, but there is no gimmicks. Even though the government is in shutdown mode, medical providers are still going to receive their payments. Wow, really you may ask? But it’s true and its all over the place to let you know that you as a medical provider are still entitled to your reimbursements. But don’t sit on your hands on this issue of utilizing a certified EMR system because if you wait to long you will not be able to cash in on the meaningful use incentive instead you will be penalized for non-compliance and your Medicare and Medicaid reimbursements will suffer severely. 


Look, the most important characteristic of successful private practice owners is that they act quickly and decisively, and stay one step ahead of the changes around them. The first waves of sweeping reforms have arrived with changes in Medicare including MPPR and Functional Limitation G codes. It’s important that as a private practice owner, you plan ahead for these dramatic changes (and those to come) will impact YOUR practice. 


We at Triple E Medical Solutions LLC offer time proven solutions that will descale your level of frustrations with the upcoming changes in our healthcare system. We aim to boost your revenue, decrease your overhead and give you quality customer service. Triple E Medical Solutions LLC will meet and exceed your expectations on all levels. Our team is dedicated to provide you with the solutions that are guaranteed to increase the efficiency of your staff and give you the power to practice what you do best which is treating patients. Take your focus off of paperwork and put it back where it counts. Let Triple E Medical Solutions LLC handle your headaches. 


Triple E Medical Solutions LLC can aid you in your credentialing which in many cases can be a hassle for you, at the same time guarantee you top dollar from insurance carriers big or small, we are your one stop shop for all of your business needs, because at the end of the day your practice is a business and we want to help you maintain that source of income by improving your revenue cycle and increasing your cash flow. 


So why get behind the power curve and be left behind to deal with the fallout of decreased reimbursements, inability to cash in on the meaningful use incentive and the opportunity to get a tax break for becoming a green company. Trust in the Effective, Efficient, Experts in Healthcare to take your practice to the next level and ring in the future of our healthcare system.


Contact Us Today for your FREE NO OBLIGATION practice analysis!!!!

PHONE: (888)338-7293 FAX: (888)391-2109
EMAIL: info@tripleemedicalsolutions.com

400 Days Till ICD-10, Are You Ready?

ARE YOU READY?   The transition to ICD-10 will be a major undertaking for providers, payers, and vendors. ICD-10 will drive business and systems changes throughout the healthcare industry, from large national health plans to small medical offices, laboratories, medical testing centers, and hospitals. In order to have a smooth transition from ICD-9 to ICD-10 medical providers and their staff will have to devote time and resources. But what if I told you that all of this can be eliminated. But before I get into how you can eliminate the resources I will tell you how much it could potentially cost you without a system in place. 


The cost of managing the ICD-10 transition could range from $84,000 to $2.7 million, depending on the size of a practice. This covers costs associated with education, information technology services, super-bill changes, additional staff needs, and overtime fees.
It’s time to get a system that will allow you to save on all of the above mentioned costs.  There are many EMR systems out there but not all of them offer the capabilities that Triple E Medical Solutions LLC offers. Our iClaim and EMRx are already ICD-10 ready which means that you don’t have to pay for any upgrades, no training, and no overtime fees to your staff. You will be able to train your staff on the new codes right in the office and never lose out on workflow. Triple E Medical Solutions LLC is dedicated to providing our clients with superior customer service by providing them services that have been developed by doctors for doctors. We have your best interest in mind and especially with the onset of the Healthcare Reform. 

Look ICD-10 is 400 days away, some may say that it’s still far out but in actuality it’s right around the corner.  Do not procrastinate with this issue as it will cost you big time in the long run. Why lose out on money when you can earn more doing what it is you love, which is taking care of patients. Get in the now and get setup for success. The Evolving, Efficient, Experts in Healthcare can get you setup with a system that falls in the top 2% of EMR and Practice Management systems.

Contact Triple E Medical Solutions LLC today.

Phone: 888.338.7293 Fax: 888.338.2901
Email: info@tripleemedicalsolutions.com
Website: Triple E Medical Solutions LLC 

5 Ways To Relieve Financial Management Concerns

It is no secret that many Americans, or people in general struggle with their finances. Well this post here will directly target those who are in the healthcare industry especially physicians. There as been many studies conducted in order to better understand the true nature of physicians  status. One in particular was a recent study conducted by Wolters Kluwer Health that revealed that 90% of physicians in the U.S. are struggling with financial management and 91 % face challenges in shifting reimbursement models. Many Physicians are facing these demanding challenges because of increased costs  and the adoption of healthcare IT as a result of the Affordable Care Act legislation. But, all of this and the many challenges that are to come can be overcome and taken care by adhering to some simple guidelines that will determine the line of travel of your practice and the business aspects of that.

Physicians are often asked what their top focus is for their practice within the next 3-5 years and about 48% of those physicians answer with making their practice more efficient. Many practices are exploring different business models such as mergers, or integrating with a hospital and or using patient centered medical homes, and adopting some pretty critical technology to aid in the clinical decision making process as well as evidence based decision making.

Being able to boost efficiency in a practice is the job of a revenue cycle management company or specialist. We aid in boosting efficiency while decreasing overhead and increasing profits to complete the loop in the cycle and keep your cash flow at its maximum.

Here are 5 steps that can drastically improve the functions of your practice and boost efficiency to the desired levels.

1. Make sure you are getting paid for your services.  As I have been on my marketing campaigns and have spoken with several physicians I have come to the general consensus that many physicians  have not even looked at their missed encounter reports for over a year and were unaware of the profits they had missed out on. So once the reports were reviewed they were astonished by the numbers and could not believe that they had let that money roll down the drain. Moral is stay on top these reports in order to better track your finances and be in the know what you are actually bringing in.

2. Maximize your schedule. You should start off by reviewing your no-show rate. If the no-show rate is 25% or greater you should look to double book 1 out of every 4 appointments. This will allow you to make up for the revenue and time lost due to the no shows and allow you to better recoup those funds by placing a person in those empty slots. You could have the potential to lose almost $1.2 million dollars a year as a result. Why lose when you can gain.  Everything is strategic and you have to move and coordinate strategically in your practice in order to maximize profits and time equaling efficiency.

3. Expand your schedule. Just because you have been an established clinic for thirty plus years doesn’t mean that you don’t have any competitors. Many physicians are now in fierce competition with urgent cares and pain management clinics that except walk-ins. This can be a huge problem for established clinics because it means people don’t have to make and appointment and go in at odd hours.  So to compete with them and continue to make a profit you may have to change your schedule and open and close at different times in order to accommodate for patients busy lives. Or offer same day appointments. 

4. Consider your use of space. I have been into doctors offices that do not utilize their space efficiently. I have seen entire rooms that could be used for seeing patients instead packed with records. What a waste. By eliminating paper files you are able to free up space that will allow you to see more patients which means more reimbursements and a greater profit. Simple as that.

5. Check your billing team. In today’s world the healthcare is under a huge overhaul and is rapidly changing. Methods of the processing claims are becoming obsolete and soon many insurance agencies and the government will not use any of the old forms, but will be looking to claims electronically. It is no longer an efficient process to let your front desk personnel handle your medical billing.  It should be left to the experts in order to better identify improper coding and to also maximize the codes for what you have actually done.

In short and needless to say that with the challenges that you are facing it would be economically sound for you to make some critical decisions and really review where you are at where you want to go.

That’s why it is important for you to contact the experts and allow them to help you maximize your profitability and boost your efficiency. Here at Triple E Medical Solutions LLC we are proud to say that we have experienced teams across that nation that can help you get your practice on the right track. Let the Evolving, Efficient, Experts in Healthcare give you real time solutions to your real time problems.

Find out how we can help you improve your practice profitability and efficiency, contact us today at 888-338-7293 or by email at info@tripleemedicalsolutions.com.