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NOVEMBER 2012




                                              Inside
  IN THIS ISSUE
  1.1
  8 REVENUE CYCLE
  MANAGEMENT
  CONCERNS FOR
  ORTHOPEDIC
  PRACTICES & HOW TO
  FIX THEM                                8 Revenue Cycle Concerns for Orthopedic Practices
                                               & How to Fix Them [Recording & Slides]
  1.2
  HOW TO DECREASE                                          Orthopedic practices are in a time of constant
  YOUR ORTHOPEDIC                                          change with reimbursements, patient volumes,
  PRACTICE’S COSTS
                                                           and elective surgeries all declining. These
  2.3                                                      changes are forcing physician practice owners to
  SIX FACTORS FOR
  ACHIEVING MAXIMUM
                                                           reevaluate processes and tackle inefficiencies.
  ROI WHEN
  IMPLEMENTING AN EHR                                      If you missed last month's information-packed
                                                           webinar, presented by Dave Wold, CHBC,
  2.4
  WHAT DEFINES                                             Chief Executive Officer, and David D'Silva,
  “MEANINGFUL USE” FOR                                     Chief Operations Officer, at Healthcare
  EHRS                               Information Services, L.L.C., we're pleased to be able to offer it on-
                                     demand. 

                                                Access webinar slides and recording now!



                                          How to Decrease Your Orthopedic Practice’s Costs

                                     Medical practice costs have risen
                                     over 50% in the last decade, far
                                     outweighing the Consumer Price
                                     Index and Medicare payment rates.
                                     More specifically, orthopedic
                                     practices are facing declines in
                                     patient numbers, reimbursements,
  F          I      R    T     Y     and elective surgeries. Physicians
                                     are looking for ways to avoid
        (855) RING-HIS
                                     making the difficult choice between reducing their practice costs and
        350 S. Northwest Highway
        Suite 200
                                     maintaining practice efficiencies and service. Your office might be
        Park Ridge, IL 60068         able to cut costs from various places in your practice, from overhead
        www.healthinfoservice.com    costs to revenue cycle management.

                                                        Click here to learn more.
HEALTHCARE INFORMATION SERVICES, L.L.C	                                              www.healthinfoservice.com
NOVEMBER 2012

    Six Factors For Achieving Maximum ROI When Implementing An EHR

 Whether you decided to use an electronic healthcare record
 (EHR) to increase revenue, provide a higher level of care,
 or improve reporting requirements, return on investment
 (ROI) is often a large concern. Purchasing a quality EHR
 is a considerable investment; however there are ways to
 increase your ROI.

 Click here to learn more about six factors for
 achieving maximum ROI when implementing an
 EHR.



                      What Defines “Meaningful Use” for EHRs?

                                          An Electronic Health Record (EHR) system is an asset to
                                          your medical practice. We are living in an exciting time of
                                          transition from paper medical records to an electronic
                                          database system.  
                                          Some confusion has followed since the passage of the Health
                                          Information Technology for Economic and Clinical Health
                                          (HITECH) Act (2009), which aimed to create a nationwide
                                          electronic database for health records.
                               A key value in the HITECH ACT is that electronic
 communication is put to Meaningful Use. But what does this term mean?
    ■ Certifications for prescribing prescriptions electronically (e-prescriptions)
    ■ Using certified technology to exchange important health information with other providers
    ■ Using electronic resources for evaluation and quality control.
 Now that you know what qualifies as Meaningful Use, how can you tell if you are getting it
 out of your EHR system?
 Click here to learn some tips on getting the most meaningful use out of EHRs



      Have Questions? We’re happy to help.
                        Healthcare Information Services (HIS)
                                                  (855) RING-HIS
                                      350 S. Northwest Highway, Suite 200
                                                Park Ridge, IL 60068
                                             www.healthinfoservice.com

                                            F     I     R     T
                                                                       Y
HEALTHCARE INFORMATION SERVICES, L.L.C	                                                www.healthinfoservice.com

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November Ortho Newsletter

  • 1. NOVEMBER 2012 Inside IN THIS ISSUE 1.1 8 REVENUE CYCLE MANAGEMENT CONCERNS FOR ORTHOPEDIC PRACTICES & HOW TO FIX THEM 8 Revenue Cycle Concerns for Orthopedic Practices & How to Fix Them [Recording & Slides] 1.2 HOW TO DECREASE Orthopedic practices are in a time of constant YOUR ORTHOPEDIC change with reimbursements, patient volumes, PRACTICE’S COSTS and elective surgeries all declining. These 2.3 changes are forcing physician practice owners to SIX FACTORS FOR ACHIEVING MAXIMUM reevaluate processes and tackle inefficiencies. ROI WHEN IMPLEMENTING AN EHR If you missed last month's information-packed webinar, presented by Dave Wold, CHBC, 2.4 WHAT DEFINES Chief Executive Officer, and David D'Silva, “MEANINGFUL USE” FOR Chief Operations Officer, at Healthcare EHRS Information Services, L.L.C., we're pleased to be able to offer it on- demand.  Access webinar slides and recording now! How to Decrease Your Orthopedic Practice’s Costs Medical practice costs have risen over 50% in the last decade, far outweighing the Consumer Price Index and Medicare payment rates. More specifically, orthopedic practices are facing declines in patient numbers, reimbursements, F I R T Y and elective surgeries. Physicians are looking for ways to avoid (855) RING-HIS making the difficult choice between reducing their practice costs and 350 S. Northwest Highway Suite 200 maintaining practice efficiencies and service. Your office might be Park Ridge, IL 60068 able to cut costs from various places in your practice, from overhead www.healthinfoservice.com costs to revenue cycle management. Click here to learn more. HEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com
  • 2. NOVEMBER 2012 Six Factors For Achieving Maximum ROI When Implementing An EHR Whether you decided to use an electronic healthcare record (EHR) to increase revenue, provide a higher level of care, or improve reporting requirements, return on investment (ROI) is often a large concern. Purchasing a quality EHR is a considerable investment; however there are ways to increase your ROI. Click here to learn more about six factors for achieving maximum ROI when implementing an EHR. What Defines “Meaningful Use” for EHRs? An Electronic Health Record (EHR) system is an asset to your medical practice. We are living in an exciting time of transition from paper medical records to an electronic database system.   Some confusion has followed since the passage of the Health Information Technology for Economic and Clinical Health (HITECH) Act (2009), which aimed to create a nationwide electronic database for health records. A key value in the HITECH ACT is that electronic communication is put to Meaningful Use. But what does this term mean? ■ Certifications for prescribing prescriptions electronically (e-prescriptions) ■ Using certified technology to exchange important health information with other providers ■ Using electronic resources for evaluation and quality control. Now that you know what qualifies as Meaningful Use, how can you tell if you are getting it out of your EHR system? Click here to learn some tips on getting the most meaningful use out of EHRs Have Questions? We’re happy to help. Healthcare Information Services (HIS) (855) RING-HIS 350 S. Northwest Highway, Suite 200 Park Ridge, IL 60068 www.healthinfoservice.com F I R T Y HEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com