What is the Best Medical Billing Service in the USA?
Medical billing is a complex but essential part of the healthcare industry, and the best medical billing service in the USA is one that can help you maximize your profits. The best medical billing services will help ensure not only that your bills are being paid but also ensure that they are being paid in full and on time with no complications or unnecessary delays. Medical billers work with insurance companies to make sure that patients receive their full coverage benefits for procedures performed by you.
While admittedly, there are quite a vast number of licensed medical billing companies in operation, very few match up to the competence level of OmniMD.
It, therefore, goes without saying that to improve the coding, billing, and cash flow of your medical establishment, you need to choose only the best medical billing software system available. This post highlights why OmniMD is considered one of the best medical billing software solutions providers in the U.S.
Providing a Simplified Medical Billing Process
While medical billing can be cumbersome, our medical billing solution is designed to simplify the medical billing process of your healthcare practice to ensure that your payment claims are accurate and clean at all times.
Our expert team ensures that your practice is always paid by your patients, insurers, or the government on time with minimum hassle. We help your practice recover any lost revenue while ending instances of payment claim rejections. We ensure that you receive your claims promptly to enable your practice to focus on providing quality patient care.
Our team of medical billing experts is conversant with the latest guidelines in coding and billing, so you can rest easy in the knowledge that the processing of every single payment claim will be done professionally. OmniMD can be regarded as your one-stop medical billing service solution for your entire revenue cycle management (RCM) needs.
Elimination of Billing Mistakes and Claims Rejection
You get paid quickly, as we ensure that there are no billing mistakes, erroneous payments, or claims denials.
All patient data, including their medical history and billing information, is stored in our cloud-based system for security, easy accessibility, and paperless documentation.
Savings on Medical Billing Solution Cost
OmniMD provides your practice with medical billing software that can be integrated with your in-house technology systems. It saves your healthcare practice money on independent medical billing software costs, including the cost of employing and training qualified medical billing staff. By reducing your staff requirement, our medical billing solution reduces the need for office space and minimizes your office footprint.
Enhanced Cash Flow
We will streamline your revenue cycle management to promote quicker reimbursement and payment of claims filed to the insurance companies. It ensures that your medical practice has the adequate cash flow to cater to daily operational needs.
Transparency of Operations
We maintain complete transparency of the process. You can view and monitor your RCM process on our platform.
Why should you Outsource your Medical Billing Service to OmniMD?
OmniMD consists of over 15,000 healthcare professionals.
We are currently servicing more than 600 healthcare facilities.
OmniMD has about 20 years of experience in delivering excellent customer service support.
We safely, securely, and confidentially manage over 4 million patient records with distinction.
OmniMD has a 99% customer retention and a 99.95% uptime percentage ratio.
We offer innovative RCM to eliminate errors in billing and coding, claims rejections, and delays in reimbursements by insurers.
We automate your medical billing workflow, reporting, and data integration for a seamless end-to-end revenue management process in your healthcare practice.
We integrate both the EHR and medical billing systems to provide you with a unified software solution suite that meets the specific billing needs of your healthcare facility.
Multiple billing and eSuperbill templates are available to integrate all your medical services into a single comprehensive bill.
OmniMD provides you with an eEligibility program that enables you to instantly know the medical services covered under a patient’s health insurance plan.
At OmniMD, we understand the importance of analytics and reporting to the immediate and future planning needs of every healthcare practice. Our medical billing software provides an analytical dashboard and insightful reporting system for your performance review and planning needs.
OmniMD offers the best medical billing service in the USA. We have partnered up with some of the biggest insurance companies in the country and offer seamless integration between our platform and their systems. Our clients get more than just advanced billing software but also access to our industry-leading customer support team, who are ready to help at any time, 24/7.
If you are an established practice or planning to start one, we can help you increase efficiency and provide the necessary help in implementing and effectively managing your operations.
If you are looking for the best medical billing service in the U.S, look no further than OmniMD. You can call +1 (844) 666-4631 or schedule a demonstration here with us today.
EMR Vs EHR – What Are the Essential Differences between EMR and EHR
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
What is an Electronic Medical Record (EMR)?
One way to look at an electronic medical record is to consider it as a subset of the electronic health record. The EMR is usually maintained in electronic medical record systems software supplied by a known vendor. The EMR contains data about a specific patient as regards health, demographics, diagnostics, treatments and finance, sometimes in relation to a particular health condition or illness. It is almost always created by clinical or non-clinical staff within a medical practice and it is not transferable electronically due to legal constraints. If at all a patent switches to another medical practitioner who requires access to the electronic medical records then the previous clinician would probably print and send a paper record.
What is an Electronic Health Record (EHR)?
The chief and identifying characteristic of the electronic health recordis that it is created by an enterprise health system and it is shared between healthcare organizations. It is also more wide-ranging in scope, covering not just specific ailment, diagnostics and treatment but also including an overall picture of the person’s general health conditions and physical characteristics. It also includes data about the patients’ treatments at various other healthcare facilities and clinics, covering their history. It paints a larger picture of the patients’ medical journey. Larger healthcare services providers make use of more sophisticated and secure EHR system to manage patients’ electronic health records. Access to the EHR of patients help larger healthcare services to know about their past and arrive at a faster treatment solution instead of having to start diagnostics from scratch. It also saves money and time for both patients and services.
Provided large healthcare services provider obtain their electronic health record system set up by specialist IT vendors there are quite a few benefits:
Ability to deliver specialized, higher level specialized care to referred patients
Save lives by acting fast based on availability of complete medical records
Let patients view their own records and thus encourage and motivate them to take better care
Avoid duplication and redundancy by way of lab tests and diagnostics and save time, effort and money
Provide better follow up care and holistic improvements to patients
Key differences between EMR and EHR:
The above explanations of EMR and EHR show why it is easy to conflate the two together. However, the following fine distinctions should make the differences pointedly clear.
As stated above the EMR is created by a particular doctor or medical facility and such records are treated as confidential. The patient or another healthcare service provider does not have direct access to the EMR.
Electronic health records, maintained in electronic health records software by larger institutions are accessible to patients who can download softcopies. EHR systems are designed to be interoperable between institutions and data is standardized using standards such as Health Level 7 (HL7) that creates standardized formats.
EMR systems used by small medical practitioners may be custom built by vendors and store data in their specifically created formats that may not be directly accessible by EHRs. It is a closed system. Electronic Health Records software is designed to be interoperable between different institutions across the country or the world with standardized formats and data systems as regards documentation, medicine management, diagnostics, clinical decisions, reporting, financials and analytics.
It must also be kept in mind that insurance also comes into play and interoperability provides convenience in this regard.
Higher security in EHRs
EHRs by their very nature are used in large public health services and the fact that data is shareable and systems are interoperable imposes a higher level of security and safety standards to prevent such data falling into the wrong hands or being hacked. As such, larger healthcare services must pay special attention and care to choosing electronic health records software and also on the vendor’s capability to provide ironclad security for storage and also for transmission across the internet.
Which one to opt for? EHR or EMR?
The foregoing paragraphs clearly delineate the vital distinctions between EHR and EMR. The question is which one should you choose as a medical service provider?
Individual practitioners and small clinics will find it easier, convenient and affordable to go in for compact and easy to use electronic medical records software that can be installed and managed in-house. Such practitioners can access patient’s EMR on their office systems as well as through their mobiles. However, it must be kept in mind that there will be quite a few patients whose condition, treatment required and the lack of facilities in the individual doctor’s clinic will make it necessary for such patients to be referred to larger hospitals with better facilities. As such, the right recommendation is that individual practitioners will find it a wise choice to go with electronic health record software right from the start due to interoperability, higher security and access. If this is the choice, and it is the right one at that, what remains to be done is to choose the right vendor and get a cloud based EHR software solution that includes messaging, financials and billing in one package.