“It is an honor to again be recognized by Surescripts with their White Coat of Quality Award for the 3rd year in a row,” said Divan Dave, CEO of OmniMD. “Such a distinction is a testament to excellence but it is equally a reminder that we must keep raising the bar for ourselves.
TARRYTOWN, N.Y., Feb. 20, 2015 – OmniMD, a leading certified provider of innovative Cloud EHR, Practice Management and Medical Billing solutions, announced today it has received the Surescripts’ 2014 White Coat of Quality Award for the 3rd year in a row. This prestigious certification recognizes OmniMD for their capabilities of Surescripts and its network to improve the safety, efficiency and quality of the prescribing process.
“It is an honor to again be recognized by Surescripts with their White Coat of Quality Award for the 3rd year in a row,” said Divan Dave, CEO of OmniMD EHR and RCM. “Such a distinction is a testament to excellence but it is equally a reminder that we must keep raising the bar for ourselves. Our commitment to constant innovation and improvement of our products is demonstrated through our third consecutive year surpassing Surescripts’ baseline product certification to meet criteria that demonstrate a higher level of commitment to e-prescribing.” OmniMD serves over 12,000 healthcare providers across the globe.
Read more : http://www.reuters.com/article/2015/02/20/idUSnGNX3MwCK+eb+GNW20150220
OmniMD Chief Executive Officer Divan Dave said some physicians are returning to private practice because their compensation from hospitals became less attractive after the expiration of their initial contract. With the shift toward fee-for-performance, physicians may see a change in their pay once a contract is up.
According to the Association of American Medical Colleges report, in 2013 there were about 767,000 doctors practicing in the United States. However, the report continues to claim that the U.S. will face a shortage of as many as 90,000 physicians by 2025. The problem is that although the supply of doctors will grow, it will not grow nearly as quickly as the demand for care. This will be a known obstacle for the future, but what about current challenges?
For National Doctor’s Day, let’s take a minute to acknowledge and bring awareness to the challenges physicians are currently facing or will be battling in 2015.
1. Complying with ICD-10 code sets. The ICD-9 code sets will be replaced by ICD-10 in October of this year, which means healthcare providers, payers, clearinghouses and billing services must prepare for the transition. According to the Centers for Medicare and Medicaid Services (CMS), ICD-10 will affect diagnosis and inpatient procedure coding for everyone covered by the Health Insurance Portability and Accountability Act (HIPAA), not just those who submit Medicare or Medicaid claims. Facilities will need to redo their back end systems and reprogram their software in order to bill properly with ICD-10, which is where the challenges will lie.
Read more : http://mkt.medline.com/advancing-blog/physicians-challenges/
Outsourcing work is always a hot topic – OmniMD™, CEO, Divan Dave‘, provides an analogy we can all get on board with!
Would you hire a handyman to perform a complete renovation of your home? Even though a good handyman can accomplish certain tasks, you wouldn’t likely entrust your roofing, plumbing and structural work to him. In fact, you would engage — or outsource the work to — a team of specialists, all of whom are experts in their respective fields: architect, plumber, electrician, etc.
Like the renovation of a home, your billing service has many components, each of which requires someone with a specific skill set of expertise.
A topnotch in-house biller will be able to complete a number of tasks with excellence. However, the broad spectrum of such a complex billing operation with ever-changing nuances requires expertise across the board. For example, I recently came across a case where an orthopedic surgeon who outsources his billing was collecting $3,300 for a particular procedure, yet another orthopedic surgeon who employs an in-house biller was only collecting $700 for the same exact procedure.
Read More : http://www.medicalpracticeinsider.com/best-practices/8-ways-it-can-pay-outsource-medical-billing
OmniMD EHR and RCM CEO, Divan Da’ve, discusses how the increase in Urgent Care visits can translate to an increase in quality patient care through the use of EHRs.
Patient activity in the emergency room, urgent care centers, and walk-in clinics has seen an increase at every level. With the increase in outdoor activities from boating, water-skiing, outdoor team sports and weekend motor trips – Urgent Care Facilities (UCF) experience an increase from everything to minor scrapes to major breaks to life-threatening trauma.
While UCFs began in the mid-70s, many later closed with the rise of HMOs and similarly structured insurance plans became more prevalent. But now the 21st century model serves as a critical vehicle to fill the financial and service gaps between traditional emergency room settings and primary care physicians; curbing escalating loses for hospital-based emergency rooms and providing an alternative to primary care physicians for routine and exigent care. Today, more than 9,000 UCFs play an ever-increasing role in responding to medical needs of patient groups from all cohorts, across all socioeconomic age groups. To meet the challenges, many clinics have adopted Urgent Care Center EHR systems and here’s what we know.
Read More : http://healthcare-executive-insight.advanceweb.com/Features/Articles/Embracing-EHR-Essentials-to-Improve-Operations-Patient-Care.aspx
Anthem Hack: Wake-up for the EHR Industry – Article published by OmniMD EHR and RCM CEO, Divan Da’ve
Here’s what we know. In the Anthem hack, it is estimated that approximately 80 million records were stolen. The Anthem hackers stole information of both employees and customers, which included names, address, emails, birth dates, medication history, employment details, family relatives and more. But while most hackers steal financial data for spending sprees – these hackers had next-step intentions with the stolen data serving as the basis for phishing emails with attachments for the purposes of installing malware using their official email accounts, gathering even more personal information, and then it was propagated across entire networks. So now what?
Know the facts. According to Privacy Rights Clearinghouse, up until Anthem, since 2006, about 6.6 million records have been exposed from 79 medical-related breaches of hacking or malware type. Last year, Community Health Systems Inc. announced a large data breach of its health system compromising data for 4.5 million patients and now Anthem at the 80 million mark. Attackers like targeting EHRs because the records are highly profitable compared to other forms of information. For example, each credit card data is valued about $1 in the black market. However, according to various sources, a partial or complete EHR can generate $50 to $100 on the black market. The high price is because of the healthcare data includes personal identity information and sometimes carries credit card information along with insurance and personal health information. So, while financial information can be tracked and secured following a breach — the healthcare information cannot be as easily tracked and resolved.
Read more : http://electronichealthreporter.com/anthem-hack-wake-up-for-the-ehr-industry/#more-5365
Every good-sized healthcare organization wants to establish a data repository/data warehouse and get intelligence out of it, according to Prem Pusuloori, chief technology officer of OmniMD, a certified cloud EHR, practice management and medical billing platform provider.
As healthcare organizations continue to amass stores of electronic information, an opportunity has emerged for service providers to host and manage the data repositories.
Healthcare organizations possess more electronic data than ever before, a situation that has opened up a data management opportunity for service providers.
Clinical data, once confined to paper charts, is increasingly housed in electronic health record (EHR) systems. EHR adoption has skyrocketed in recent years. The Office of the National Coordinator for Health IT reports that 59% of hospitals use at least a basic EHR system. That figure compares with a 9.4% adoption rate in 2008. Among physician practices, the EHR adoption rate was 78% in 2013 compared with 18% in 2001, according to the Centers for Disease Control and Prevention. The sharp uptick in EHR use coincides with the federal Meaningful Use initiative, which offers financial incentives to hospitals and physicians who deploy EHR systems and meet government guidelines.
Read more : http://searchitchannel.techtarget.com/feature/Channel-partners-pursue-healthcare-data-management-opportunities
EHR Selection: As Compliance Nears, 3 Areas to Consider – Article published by OmniMD EHR and RCM CEO, Divan Da’ve
Here’s what we know. In 2005, the Department of Health & Human Services (HHS) announced that all healthcare facilities providing patient care will be required to transition their patient data to EHR (electronic health records) for the purposes of making real-time, patient-centric records available instantly “whenever and wherever it is needed”.
While compliance deadlines will vary based on multiple factors – the timeline is now starting to unfold. Healthcare centers and practices need to move information about a patient’s medical history, diagnoses, medications, immunization dates, allergies, radiology images, lab and test results to an electronic system. This provides optimal efficiency in decision-making, allowing for automating and streamlining providers’ workflow, as well as, improves accuracy of patient information while supporting key market changes in payer requirements and consumer expectations. A survey by Black Book Rankings revealed that of the 500 respondents interviewed, many blamed themselves for picking the wrong platform for their practice/facility needs.
Read more : http://www.healthcarebusinesstoday.com/ehr-selection-as-compliance-nears-3-areas-to-consider/
“OmniMD EHR and RCM CEO, Divan Da’ve and his colleagues discuss the most common issues project managers face and how to best overcome these challenges, in an article published today by CIO.”
Experts identify the most common (and frustrating) issues project managers must constantly tackle and what steps they can take to avoid or minimize these problems.
What separates the good, or the great, project managers (PM) from the just so-so? How they handle problems when they arise – and prevent them from derailing deadlines and the budget.
Her are seven of the biggest (or most common) problems that PMs face, and what good ones can do to anticipate, avoid or mitigate them.
Problem No. 1: Team members not knowing or understanding what their responsibilities are, not owning their part of the project.
How a good PM handles the accountability problem: Good project managers let team members know, up front, who is responsible for what – and clearly lay out expectations.
“Proactively setting up the decision-making structure, including where all the key stakeholders fit in, is critical,” says Tom Treanor, director of Content Marketing & Social Media at Wrike, a provider of project management software.
Read More : http://www.cio.com/article/2876701/project-manager/7-ways-project-managers-can-anticipate-avoid-and-mitigate-problems.html
To stave off the pressures prompting many physicians to sell their practices to hospital systems, Manhattan internist Peter Bruno has tried a number of creative solutions. They have ranged from forming a now-disbanded group practice with 60 colleagues to his ongoing strategy of working at a nursing home one day a week to supplement his income in his current solo practice.
“It’s more and more difficult for doctors to make ends meet,” explained Dr. Bruno, who began practicing in 1979 and, thanks to his expertise in sports medicine, has treated professional athletes on teams including the Yankees, the Knicks and the Rangers.
Read more : http://www.crainsnewyork.com/article/20150120/SMALLBIZ/301189996/doctors-find-its-not-easy-to-stay-independent
Physician-patient communication has never been more significant and critical for successful practice operations. Here’s why.
Patients today are well connected socially and electronically and have very high expectations — actually demands — for relevant, timely, and action-oriented responses from physicians and practices. On other side, physicians have more reasons to initiate communication with patients to be sure they are responsive, adherent, and moving their own healthcare needs along as directed.
Below are the three ways physicians should be using technology to better engage and communicate with their patients:
1. Patient Portals. Physicians often resist changes to their work processes and fear patients will be confused by the data pushed to them through a portal. However, looking at the benefits the patient portal offers, more practices are using patient portals as a resource. Through the portal, patients can view valuable and updated health information online and ask questions for immediate or later response. But also these portals can generate an increase in patient loyalty because practices are providing more context and information beyond what is said during the appointment. When the portal demonstrates an “above and beyond” attitude by your practice, patients will respond favorably. Practices can utilize patient portals the most by including key features of open access scheduling, patient education, two-way messaging, and patient reported outcomes.
Read more : http://www.physicianspractice.com/three-tech-tools-your-practice-should-be-using-and-why#sthash.dxWYsEU8.dpuf