OmniMD

To the layman there is a certain amount of equivalence when one talks about medicine and health. Apparently the two go together and are interconnected which is true to a certain degree but there is a fine distinction when it comes to records, especially those maintained in electronic form, usually in the form of software based EHR systems. This is the current trend and data is stored as Electronic Medical Record (EMR) or  Electronic Health Record  (EHR), the terms sometimes overlapping and used interchangeably. It must be noted that over 93% of hospitals in the USA use  EHRs . A closer look shows that these two are disparate as we will differentiate in the ensuing paragraphs. People do tend to conflate EHR and EMR. Some common functions of EMR: Keep individual track of patients Identify which patients are due for a consultation/checkup/screening and send out notifications Keep track of patient’s specific health condition and progress as well as response to treatment Diagnostic record F

Increasing the number of new patients while retaining current patients is vital to the success of any physician’s practice. But, unless that practice receives steady, profitable cash flows throughout most revenue cycles, they may be unable to stay operational. Even before the COVID-19 pandemic, the dilemma of whether to do  in-house medical billing or outsource medical billing  beleaguered many physician-owned practices. Now that the healthcare industry is inundated with COVID patients and people suffering long-COVID symptoms, physicians are discovering the numerous benefits of relying on billing partners. According to Grand View Research, the  medical billing partner  market is expected to exceed $19 billion by 2026. That’s a nearly 12 percent annual growth rate! How Can a Billing Partner Improve Medical Revenue? Ensures Accurately Coded Claims What is fueling this rush by physicians to find the  best medical billing partner  they can depend on for superior service? One of the leading