BHM Services
BHM's webclinic “Components of a Great Peer Review Program” goes live Wednesday, November 18th from 12:00pm to 1:00pm EST. You don't want to miss this great opportunity to receive expert advice related to Peer Review Services. Don't worry you still have time to sign up!
With new advances in the way medical information is transcribed, stored and transferred, technology has created more variables to a provider’s success than ever before. Between tangling with mountains worth of paperwork, handling claims denials and riding the learning curve of new systems like EHRs and ICD-10 coding, there can be lots of room for error and, consequently, potential revenue that slips through the cracks. Luckily, revenue cycle management systems are here to help. They can streamline a vast array of your most intensive processes — like admitting, coding, balancing budgets, billing and filing claims — in order to provide a supreme level of oversight and control. This control in turn helps you avoid common RCM problems that lead to lost revenue, profitability and productivity.
Big Data is term reserved for the larger-than-life amounts of data collected in our, now, very digital world. In the healthcare world, big data is often used to describe electronic health records (EHR) and patient data. Technology has improved our ability to collect and analyze healthcare data. With this grand opportunity for innovation and growth come questions of security and patient data safety. Read the following 3 infographics to get some insight into the world of Big Data in the healthcare industry.
Are you a health plan looking into NCQA accreditation? We know that the process can be daunting and often stressful, so we’ve compiled a list of NCQA basics to help those who are pondering an NCQA accreditation. If you are a health plan who has already chosen to pursue NCQA accreditation, take a look at our blog post "NCQA Health Plan Accreditation : The Difference Between Failure and Success." For those of you just getting started let's dive into the NCQA basics, from who the NCQA is to an overview of their Health Plan accreditation levels. Hopefully this list helps jump-start your journey towards successful healthcare accreditation.
We’ve been talking a lot lately about how and where Independent Review Organizations, or IROs, fit into denial management. The Peer Review process, which brings in an unbiased third party to help alleviate the pressure of reviewing claims, is an essential part of denial management. We’ve touched on many of the different benefits of IROs in previous blog posts, from how they affect your ROI to how they bring specialized expertise to reviews. This blog post focuses on the four main ways IROs and external reviews can help eliminate risk within your organization.
October 1st is here and with it arrives ICD-10. Whether the looming implementation date of the new codes sent your organization into a state of urgency or the date felt like a non-event, ICD-10 is here. There will be a strong focus on the transition to ICD-10 in the coming months and we know it isn't going to be easy, as resources and employees get allocated to fix errors and educate staff. It's important to remember that focus and communication will be key to get through the ICD-10 era. To help make this transition less overwhelming we have complied a list of seven last minute tips to help you successfully transition to ICD-10.
We've talked a lot about how the use of social media in healthcare can be very rewarding. From helping improve patient satisfaction to creating a strong community online, social media has helped revolutionize certain aspects of the healthcare industry. It's important not to shy away from social media, as it's the perfect way to connect with your patients and clients. Remember - having a strong online presence is crucial for growth in a modern healthcare world. Here are 3 great infographics that will give you some insight into how social media and healthcare work together to improve the patient experience.
2015 has been a big year of change for many healthcare systems. With this change, healthcare leaders have been faced with many challenges, including complying with new federal regulations and making strategic moves towards better care. We've compiled a list of the five biggest challenges we've found healthcare leaders facing this year.
Revenue cycle management (RCM) is incredibly important to a practice’s profitability. Without the ability to streamline the billing and collections processes, a medical enterprise will find it challenging to stay afloat. Managing your practice’s revenue cycle requires you and your staff to take an honest look at your current workflow to determine what’s working and what isn’t. Here are some things to focus on:
About six months remain in 2015, so now is a good time to reflect on what ways you can optimize your revenue cycle to finish out the year strong. Billing is one of the main areas we'll focus on today, as it is often one of the main areas revenue cycles get plugged up.