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According to the 2016 Revenue Cycle Management Report, a survey of 2,000 independent physician practices and 200 hospital-based physician practices by Black Book Market Research, the profit margins of healthcare provider organizations continues to be negatively affected by traditional patient billing solutions.

To begin, many organizations are unprepared for value-driven care. The survey found that 9 in 10 practices are financially and technologically unprepared to provide value-based healthcare to their patients — which is a significant and increasing payment trend, especially among hospitals. What’s more, despite the added emphasis on compliance and risk management, many physicians characterized themselves as “not tech savvy,” adding that the investment in hardware, applications, and training is too expensive for many small practices.

Now more than ever, data counts. “The revenue of many healthcare provider organizations is inexorably tied to charge capture. The stability of that revenue is key to providing services and quality,” said Dr. Liu. “The status quo is no longer an option.”

Unprecedented Margin Pressure For reasons ranging from shrinking Medicare rates to the continued shift of inpatient care to outpatient settings,…

The opioid epidemic is being called the worst public health crisis in America. And the numbers keep rising. I can remember a time in nursing school where we were taught to treat pain as the “fifth vital sign.” We were told not to question the patient’s perception of pain but to treat accordingly as many felt that patients were often under-medicated.

As published by HealthIT and mHealth By Stephen Besch Senior Systems Analyst, Director of Clinical Quality Reporting The Quality Reporting…

As published by HISTalk Practice By Joe Marabito, Ingenious Med Chief Executive Officer Physicians are the most important element in…

Ingenious Med was named one of Georgia’s Top 40 Innovative Technology Companies by The Technology Association of Georgia (TAG).

The amount of data in any given hospital or physician practice is staggering. Patient records, billing information, compliance files to name a few. And when this is aggregated into a larger group or system, the shear quantity of this data makes for a pretty difficult task of accessing specific elements of information.