December e newsletter

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At HIS, we are uniquely dedicated to helping physician practices, like yours, grow faster and create measurable value for you and your partners. That said, we hope that our monthly eNewsletters will arm you with some of the business tools you need to be successful.

In this issue of Inside HIS (will link to this month's), we :

Offer advice on how to respond to the changing demands of medical billing
Discuss an update on CPT Coding Changes for 2012
Share three steps you must take to improve your revenue cycle
Discuss how EHR is the catalyst for sweeping change in healthcare

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December e newsletter

  1. 1. DECEMBER 2011 Inside IN THIS ISSUE 1.1 HOW TO RESPOND TO THE CHANGING DEMANDS OF MEDICAL BILLING 1.2 CODING CORNER: UPDATE ON CPT How to Respond to the Changing CODING CHANGES 2012 Demands of Medical Billing Self-pay patient accounts 2.3 THREE STEPS TO have increased sharply in http:// IMPROVING YOUR recent years, making REVENUE CYCLE blog.healthinfoservice.com/how- patient receivables a more significant part of to-respond-to-the-challenging- 2.4 ARM YOURSELF WITH healthcare organization’s demands-of-medical-billing/ THE PROPER TOOLS revenue stream. WHEN CHOOSING AN EHR This greatly effects practices/hospitals that have implemented an effective, streamlined collections method. Read On... Coding Corner: UPDATE on CPT Coding Changes 2012 http:// Twice a month, within our blog, we blog.healthinfoservi ce.com/blog/bid/ highlight the most up-to-date medical 94224/coding- coding tips, information, and legislation. corner-cpt-coding- changes-2012 We have over 60 certified coders, who are experts in ensuring proper coding for compliance and maximum F I R T Y reimbursement. In early November, we featured a coding tip regarding the (855) RING-HIS impending CPT Coding changes in 2012. Most of you saw 350 S. Northwest Highway that article, in last month’s newsletter. This month, we posted Suite 200 an update, regarding CPT Coding Changes. Read the full Park Ridge, IL 60068 post by clicking here. www.healthinfoservice.comHEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com
  2. 2. DECEMBER 2011 Three Steps to Improving Your Revenue Cycle Revenue cycle management procedures have come under thespotlight as physicians and practices seek to generate additionalincome by implementing policies for speeding up cash flow, http://increasing collections on expected reimbursements, decreasing bad blog.healthinfoservicdebt write offs and utilizing technology when possible to reducestaffing expenses. e.com/blog/bid/ 106406/3-Steps-to- But the challenge is developing a plan with the optimal mix ofcomponents to bring sustainable, measurable improvement to your Improving-Your-revenue cycle, and to keep the solution as simple andstraightforward as possible. Busy practices and physicians dont havetime to sift through a revenue cycle management plan that is difficult to disseminate, in terms ofits initiatives and its real value over time to the organization. The following 3 simple steps cansignificantly improve your revenue cycle. Read the full article by clicking here. Arm Yourself with the Proper Tools When Choosing an EHR You have made the decision to include an EHR http:// implementation in your annual budget, you have sent RFPs to several vendors, and the bids are coming in for blog.healthinfoservice.c evaluation.  All your candidates promise that their EHR om/blog/bid/108088/ solution is the best for increased productivity, user EHR-The-Catalysts- friendly, cost effective, etc.; your decision makers for-Sweeping-Change- challenge is to separate the truth from barrage of information coming at you and select the system that in-Healthcare results in optimal EHR implementation. Click here to read the full post. 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 YHEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com

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