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10 TEN TEN TEN TE TEN Orthopedics Top Ten Reasons to Adopt EHR Technology Now!

eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

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Has your orthopedic practice adopted an EHR yet? If not, you should reconsider. With EHR technology at the center of change in healthcare reform, it will be hard to be sustainable and competitive on paper records.

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Page 1: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

10TENTENTENTENTENOrthopedics

Top Ten Reasons to Adopt EHR Technology Now!

Page 2: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

I’ve made it this far without an EHR,

so why would I need to adopt one now ?

Page 3: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

gWant some specifics? Read on!

EHR technology is the center of change in healthcare reform. It enables the new clinical data management and reporting required

to build and sustain pay for performance reimbursement.

It’s also the enabling technology required for the collaborative care

of patient populations and to grow new healthcare delivery models,

such as Patient Centered Medical Homes (PCMHs) and Accountable

Care Organizations (ACOs).

Accountable care requires the power of clinical data sharing. And

that can’t happen without robust, integrated, EHR technology.

Page 4: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

1

Mandatory ICD-10 compliance begins October 1, 2015.

Page 5: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

ICD-10CONTAINS MORE THAN

68,000 CODES

ICD-9CONTAINS MORE THAN

13,000 CODES

Ensure your EHR is ICD-10 ready.

The Centers for Medicare and Medicaid Services (CMS) says that after

the compliance date, claims not using ICD-10 diagnosis and inpatient

procedure codes cannot be processed.

You won’t get paid unless you’re ready.

Page 6: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

2

Haven’t started MU yet? Your loss. Literally.

Page 7: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

Getting paid incentives by the federal government isn’t the only reason to adopt EHR technology.But it’s a good place to start.†

What are you waiting for?

More than $13 billion in EHR

incentive payments have already

been made to over 259,000 eligible

professionals and hospitals since

the program started.

$5,000per eligible professional

If you DID NOT attest for MU Stage 1 last year

you’ve already

LOST

$15,000per eligible professional

If you DO NOT attest for MU Stage 1 this

year you’ll

LOSEanother

If YOU DO begin

this year you’re eligible to

EARN

$39,000per eligible professional by the

end of the program

† Above is based on the Medicare EHR Incentive Program [start this year to avoid the 2015 medicare penalties.]

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3

Without an EHR, it might be tough to stay in business.

Page 9: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

Healthcare reform is permanent. EHRs are central to healthcare reform.

Here’s what you won’t be able to do without a certified EHR:

• Comply with government regulations

• Analyze data to negotiate better contracts with payers

• Share clinical data locally, regionally, nationally

• Receive Meaningful Use incentive dollars

• Participate in collaborative care models (PCMH/ACO/other)

Get an EHR or get stuck!

Page 10: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

4

EHRs help your bottom line.

Page 11: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

An Orthopedic Practice in Kansas

34%REDUCED

staff by

REDUCED transcription costs by over

per physician annually

$31,000INCREASED revenue by

per full-time physician

$281,763

REDUCED operating costs by

per physician

$64,534

An Orthopedic Practice in California

REDUCED transcription costs

annually

$25,000

30 to 12REDUCED

A/R days from

An Orthopedic Practice in Florida

REDUCED transcription costs

monthly

$8,000

5REDUCED

staff by two full-time employees in

months

Look at some of our clients’

RE ULTS

Page 12: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

5

Reality check: Electronic managementof healthcare is inevitable.

Page 13: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

On the regulatory front, healthcare reform is driving it. In every industry digital transformation is unstoppable and ubiquitous. Healthcare will comply.

Why is healthcare going electronic? The two primary drivers are government-led healthcare reform (HITECH ACT) and the pressing need to improve care quality and health outcomes while reducing costs.

The healthcare industry is going digital. We’re on our way and we’re not turning back!

American Medical News/amednews.com“Decisions doctors must make to avoid Medicare penalties”

By Charles Fiegl, amednews staff. Posted Nov. 12, 2012

A physician’s decision not to report Medicare quality

measures or participate in paperless prescribing and

health record programs in 2013 will be a costly one

in the long run.

Page 14: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

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Paper records are severely limiting.

Page 15: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

Even when using a paper template, handwriting can still be illegible and placement of checkmarks can be misinterpreted.

And that’s just the beginning:

• Paper charts can only be accessed by one person at a time

• The data isn’t structured; it can’t be shared electronically

• Paper records are expensive to copy, transport, and store

• It’s difficult to analyze a paper chart holistically

• Paper records can easily be destroyed or lost

• It’s hard to ascertain who has viewed the chart, when, and why

• Paper records can take up practice space that could be better used

• It’s more difficult to collaborate with other providers

• There’s more potential for patient safety issues

Page 16: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

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You can’t have a quality, leading-edge reputation without an EHR.

Page 17: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

Sure, there’s more to earning a reputation as a quality provider than a state-of-the-art EHR system. But it’s hard to prove, sustain, or polish that reputation if you’re still pushing paper. Good things happen

with an EHR on board.

• You’ll see a better bottom line

• Clinicians, support, and billing staff embrace streamlined workflows

• You can see more patients and improve care quality

• Patients engage and communicate in a whole new

way through a web portal

• Collaborative care becomes easier

Page 18: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

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You’re better prepared for audits.

Page 19: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

EHRs help tame the audit process. You’ll code better to earn the maximum allowed.

Confidently. Easily.

And because your documentation

is in order, you’ll be paid accurately

and faster for the care you and your

colleagues provide, every day.

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You’ll provide even better patient care.

Page 21: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

Your passion is caring for patients. EHRs contribute to higher quality patient care:

• Improve patient outcomes and safety

with better information and collaboration

• Make better decisions using alerts, reminders, prompts, pop-ups, and data validations

• Enhance patient engagement and compliance to treatment plans with better education and communication

See a real difference.

Page 22: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

10

Get patients more involvedin their own care.

Page 23: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

?Shouldn’t

YOU

Not only is demonstrating patient engagement part of MU Stage 2, but these days, patients want it.

Patients want to be more involved in their own healthcare. They can connect and communicate

with your office using a patient portal, available as part of the robust, certified EHR solution —

that you’ve correctly decided you must have.

Go ahead. Get a great EHR and include patient portal. Your colleagues are.

Page 24: eBook - Top Ten Reasons to Adopt an EHR Now - Orthopedics

Learn more about how our

orthopedic-specific content and

workflow from an integrated, single

solution can help your orthopedic

practice improve efficiency, care,

and your bottom line. Our expertise,

and extensive support, can help you

quickly and easily achieve your goals.

Meet with one of our orthopedic

team members. Contact us at

[email protected].

The NextGen Healthcare Difference for Orthopedics

Copyright © 2014 NextGen Healthcare Information Systems, LLC. All rights reserved.

NextGen is a registered trademark of QSI Management, LLC, an affiliate of NextGen Healthcare Information Systems, LLC. All other names and marks are the property of their respective owners.

NextGen Healthcare Information Systems, LLC | 795 Horsham Road, Horsham, PA 19044 | p: 215.657.7010 | f: 215.657.7011 | nextgen.com

EDU5-4/14

Don’t go it alone!You need an EHR, Meaningful Use, collaborative care,

revenue-boosting, ICD-10 partner for the long term.

A partner with proven products, services, and expertise

to ensure your successful transition to EHR technology

and the changing healthcare delivery environment.