Improve your EHR with live data from FISS
Now that hospitals and health systems have invested upward of $1 billion in Electronic Health Systems (EHRs), the industry is entering a new era of optimization and EHR interoperability. Providers are placing major emphasis on integration with other technologies, including Revenue Cycle Management (RCM) systems. Thirty-eight percent of the College of Healthcare Information Management Executives (CHIME) said optimizing EHR integration with other organizational systems is a top 2018 priority, according to a Spok survey.
An EHR and RCM system working in concert drives tremendous clinical, administrative and financial efficiencies. If your organization hasn’t yet integrated its EHR with a viable RCM solution, making this a top priority could lead to major cost savings.
We understand the marriage of your EHR and RCM systems isn’t something your hospital takes lightly. It’s a big venture, but one that has a substantial return on investment. Among the financial benefits, your organization could realize:
- Increased time savings
- Decreased staff workload
- Improved business intelligence for informed decision making
- More time for patient care and communication
eSolutions integrates with your EHR for maximum efficiency
A new study in the Journal of the American Medical Association found that overall, the use of EHRs failed to decrease insurance-related and medical billing costs, despite the federal government’s claims that EHR adoption would lower administrative expenses.
Additionally, multiple provider surveys and studies show many clinicians experience EHR fatigue when it comes to working in their EHRs. If you find your clinical and administrative teams in the same boat, an RCM system, like eSolutions, that works in tandem seamlessly with your EHR may help increase EHR productivity and reduce billing costs. It may also make for a happier, more satisfied staff team.
When it comes to EHR integration, eSolutions is different.
eSolutions connects to Medicare’s Fiscal Intermediary Standard System (FISS) in a unique way no other RCM or EHR vendor can, giving you one true source of data. Thanks to access to this data set, we’re able to integrate the most accurate Medicare claim data available into your EHR system daily.
eSolutions Makes Your Job Easier
When it comes to your EHR and RCM systems working together, you’ll experience organizational efficiencies, including quick, secure and accurate reimbursement.
Perks to EHR and RCM integration:
Get more of your money, faster.
In a value-based purchasing era, cash flow is paramount. eSolutions gets providers paid faster. Who doesn’t want that?
You’ll realize a true ROI when employing our RCM tools with your EHR. Our clients attest that eSolutions has more than paid for itself. From decreased denial management costs, quick claim editing, managing A/R days, and claim notes posting, an investment in integration yields high return.
Your staff will get better and more efficient in daily activities.
Workflow automation is our expertise. What does this mean for you?
- Say goodbye to manual entry and editing in FISS/DDE.
- Spend much less time working in spreadsheets.
- Know exactly what to do next with user-intuitive, in-app suggestive workflows.
- Assign customer work queues to any user, with unlimited user amounts.
- Receive proactive claim error alerts and correct them on the spot.
- Submit and edit your claims in half the time.
- Once Medicare claim edits are made, our system syncs a raw claim file back to your EHR system that includes complete claim edits.
Make smarter decisions with the business intelligence you need.
Healthcare is a business. While patient care is your mission, you must be profitable to provide the care your patients deserve. This means you need relevant insight into your data. Insight you can quickly digest and use to take action and make improvements.
Along with the invaluable data your EHR provides, your RCM solution should offer intelligence that compliments clinical data from your EHR. eSolutions offers standard and custom reporting on Medicare and multi-payer claims. Reduce your rejections and denials with our best-in-class denial monitoring, management and appeals tools. Your team will stay on top of deadlines, respond to audits quickly, securely transfer medical documentation and reduce labor costs associated with handling rejections and denials.
You can integrate our comparative analytics solution directly into your EHR. This allows you to manage key operational and financial measures that drive claim denials, reimbursement and payment delays. Compare your organization’s performance with your peers by state and national averages, even down to your specialty.
While your EHR is a strong and beneficial investment, incorporating your RCM data into your EHR frees your staff from some of the burdens of the tools that are intended to help them, allowing more time to focus on your mission — your patients.
If you’re wondering what’s next or feeling overwhelmed just thinking about integration, take a step back and start with a clear plan. Your plan should involve clinician and administrative team input along with efforts to effectively test and train. It also should aim to drive the most value from both your EHR and RCM tools. Our team of revenue cycle and technical experts can help you get started on your integration plan and help you address any IT interoperability steps.