First, let's define what an EHR system is. An EHR (Electronic Health Record) System is a digital version of a patient’s paper chart. EHRs are real-time, patient-centered records that make information available instantly and securely to authorized users. One of the best parts of the EHR system is that it allows a patient’s information to be shared across all different types of healthcare settings.
Building and maintaining a medical practice is the goal, but many doctors are not prepared for the minutiae that can cause the business to struggle: regular payment collections, increasing costs, patient billing, medical coding, and more. It’s not enough for doctors to provide unsurpassed medical care, display a compassionate bedside manner, and rise to the top of their profession—medical practices also need to stay profitable.
Let's jump right in to the top 8 claim denials in orthopedics. As you'll see by the list, many are preventable.
Growth is the name of the game for our partner/client FQHC in California. They are currently one of the largest Federally Qualified Health Centers in the country with ambitious goals to be the largest in the US.With the strategic plan set forth by the CEO they have purchased clinics throughout California with 2020 being slated as one of their largest building years.
When someone asks why you tie your shoes using the bunny ear method versus the one-knot method, most of us are likely to respond with "I'm not sure but this is the way I've always done it." How many areas of our life can we answer this question with that same response? Many of us have processes and methodologies we've used for years and have never thought to question. Does it mean it's necessarily the most efficient way or yields the best results? No, but we still don't think to question it. These processes and methodologies are ingrained in our routines, often following them without a single thought. It takes someone outside of ourselves drawing our attention to it and asking the question why to address it or make a change.
Recently, Cameron Cox from MSOC, a Coronis Health company, was interviewed on MGMA's podcast. The topic of the podcast was Owning It! Strategic Planning, Navigating M&A and Staying Independent in Healthcare Today. Listen to Cameron's take on how medical practices can remain relevant and grow in today's volatile healthcare world.
Coronis Health was recently recognized by Healthtech Outlook as one of the Top 10 Medical Billing and Coding Solution Providers in 2019.
In the beginning of 2019, Coronis partnered with a billing company with operational support. The billing company was struggling to scale and meet the needs of their clients. Managing attrition was also a big concern as they were unable to find qualified and experienced billing and coding staff in their area. Client AR was at an all time high and they simple did not have the manpower to keep up. Understandably, the company received a tremendous amount of pressure from clients to improve cash and decrease AR. All things combined made for a perfect storm and the billing company had to make changes and call in support in order to not only please clients but remain in business.
Coronis is growing! We are excited to be in our beautiful, brand new corporate office space in Sykesville, MD. Carroll County is growing and we couldn't be happier to join the business community here. The move opens up a larger talent pool to support our continued growth. Coronis is pleased to call Carroll County the home of our new corporate headquarters.