In 2009 the US Federal Government dedicated about $19 billion as an economic stimulus package to spur on the adoption of the electronic medical record. Known as the EMR, the electronic medical record served to standardize the recording of patient care both at the hospital level and clinical or small practice level. As a result, it has become necessary to advance the profession of the medical informatics specialist. He or she may be involved in program development of software, provide consulting services to interested entities, establish businesses that may handle the day-to-day process of creating accurate medical records and secondary services described herein.
In 2009, it was estimated that about 60,000 informatic specialists would be needed to meet the demand for services in the USA. This was based on expertise provided, the salary of an informatics specialist would be in the five-figure range. Also, as part of the information technology sector, the specialist may have previously worked directly as a medical professional. Then, returning for schooling as a health informatics specialist, their previous experience enhances the scope of service they may provide.
One outstanding service is doctorsebilling.com. They work with entities varying in size. The services rendered are either end-to-end management of the revenue cycle, or supplemental support. In the latter, its function is to integrate identified service areas that will support other service areas that the entity assumes. An example may be that of providing claim submissions to insurance on behalf of the patient and the entity. Moreover, it is estimated most practices experience a 20 percent denial by insurance. It is noted by doctorsebilling.com, the denial rate by insurance is reduced to nearly five percent.
This service claims that it is a full-service billing and collections service and its focus is on “the business side” of medicine. The goal is to establish a seamless integration of business matters with ongoing patient care and services.
Doctorsebilling.com is noted to provide
-Implementing an EMR system where one may not yet exist, or work within the one currently used.
-Provide practices with medical code training with the implementation of ICD-10 in 2014.
-Provide monthly statements and handle calls or correspondence with patients.
-File required paper or electronic claims to insurance providers as required.
-Enter data relative to procedures performed.
-Enter and record patient demographics.
-Follow up on insurance denials working toward a just resolution.
-Endeavor to meet the unique needs from clients or facilities served.