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ACO is Not One Size Fits All

July 31, 2014

A common misconception about ACO conversion is that there is a single method of planning and implementation that will work for all healthcare organizations. To dispel this belief is first and foremost in understanding the reality of ACO conversion for your organization.

As with most decisions related to healthcare, your organization wants to be sure that it is acting in line with your previously stated mission and values. It is through these two brief, but important, written declarations that you communicate with patients and earn their confidence. When you are considering ACO conversion, you should be sure that you are acting not only in the interest of the organization, but the population that you serve. In order to determine whether or not you are prepared for ACO conversion, you should weigh the pros and cons, not only for your staff, but for your patients as well.

Studies Show ACOs Are Succeeding in 2014

July 30, 2014

Accountable Care Organizations are cropping up nationwide.

With over 10 million patients covered by Obamacare, the pressure is on for hospitals to acquire ACO status. Accountable Care Organizations were a hot topic of conversation at the beginning of the year, 15 million patients had coverage under an ACO in the U.S. Now, midyear, a new report shows that the number has jumped up to over 20.5 million.

The 411 on Accountable Care Organizations (ACOs) (video)

July 29, 2014

ACO stands for Accountable Care Organization. It is a concept that was created as a result of the Affordable Care Act (ACA). In a nutshell, an ACO is a group of doctors, hospitals, and other healthcare organizations who work together in coordinating and transforming healthcare. ACOs benefit both patients and care givers by accomplishing the triple aim:

Increase Quality

Reduce Cost

Improve Patient Experience

Increasing Patient Satisfaction Through Revenue Cycle Improvement

July 28, 2014

One element of revenue cycle improvement that will be coming to the forefront with the implementation of patient-centered care is patient loyalty. As a hospital, your staff and facility might provide a patient with top-notch care. Overall, they may emerge healed and satisfied with how they were treated – but then, they get their bill!

If your hospital’s billing department isn’t equipped to continue that positive patient experience after the patient is discharged, you may be losing patients.

Healthcare Informatics are a major part of healthcare reform. For more information call us today 1-888-831-1171 or email results@dev.bhmpc.com

Infographic: A Visual History of Healthcare Informatics

July 25, 2014

The history of healthcare informatics goes back decades- did you know it all began in the 1940s? In fact, it began in Germany with a doctor named Gustav Wagner who formed the German Society for Medical Documentation, Computer Science and Statistics – the world’s very first professional organization of this nature. It’s his work that laid the groundwork for major informatic milestones throughout the next few decades up until the present day. Check out the infographic below from Adelphi University for the complete story.

Top 10 ICD-10 Codes You Won’t Believe Are Real

July 24, 2014

Struck down by an orca? Don’t worry, there’s an ICD-10 code for that.

Big Data Could Bring Your Credit Card History To Your Doctor

July 23, 2014

Imagine if your doctor could see your credit card transactions. They’d know when you were going out to eat, skipping out on your gym membership, going out for a night on the town – you name it, they’d know it.

5 Ways Healthcare Delivery System Has Changed Forever |BHM Joins The Doctor’s Channel

July 21, 2014

I don’t know if you are familiar with The Doctor’s Channel or not, but The Doctor’s Channel offers free video CME, medical news, and physician education. Featuring insights and opinions from experts in over 50 specialties, as well as community and lifestyle features that help doctors stay on top of the latest news, ideas and information. The time-saving site includes short one- to two-minute streaming video clips designed to get to the point, and allows doctors to learn from each other – fast.

Questions about patient satisfaction and where hospital design fits in? Call BHM today or email us: 1-888-831-1171 or results@dev.bhmpc.com

Should Hospitals Design with Patients in Mind?

July 18, 2014

Build It – And They Will Come? Maybe Not.

It’s no secret to anyone in the healthcare industry that there’s a huge emphasis on patient satisfaction scores these days – predominantly because they are so closely linked with reimbursement in the new healthcare landscape. Hospitals are taking ‘satisfaction’ a step further- how about patient aesthetic?

Is It Time to Replace Your EHR?

July 16, 2014

With time, Electronic Health Records (EHRs) have evolved dramatically. If you, as a practitioner, are using an older EHR system, then it may be time to replace your software. The new EHR systems have helped practices to cut costs, increase efficiency, and improve patient care, in addition to being more user-friendly and offering customization capabilities.

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