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Level Eight Systems makes EMR software affordable

January 26, 2009

Our experience in the medical industry for over a decade has helped us leverage some very enticing EMR lease options. For the first time, Medical Practices can get EMR with very little out of pocket.




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 26, 2009 -- Is my practice required to adopt an EMR solution?

In 2004 , President Bush set a goal of most Americans using an electronic medical record by 2014. In his vision, doctors by then would be using EMR systems with interoperable standards that would allow them to share lab results, images, computerized orders and prescription information with hospitals and other health facilities.

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Level Eight Systems makes EMR software affordable Level Eight Systems makes EMR software affordable

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http://www.level8systems.com

April 2008 new Medicare rules now require dialysis centers to provide patients with EMRs, in addition to an individualized plan and defibrillators in every unit.

November 2008 , the Senate unanimously passed a more robust bill that included additional funds and also ensured uniform standards for keeping electronic health care records to guarantee compatibility across different networks.

January 12th , 2009 President Barack Obama, as part of the effort to revive the economy, has proposed a massive effort to modernize health care by making all health records standardized and electronic.

In short, the answer is yes. Additionally, time is of the essence. The Economic Stimulus Act of 2008 increased the small business expense for qualified property in 2008 to $250,000. Carrying forward to 2009, medical practices can expense the entire EMR purchase (equipment and or hosting costs, medical software and services) up to 250.000!

But these incentives will not last long.

Will an EMR solution increase my business costs

Undeniably NO. Most all medical practices see a return on investment within 6 months of going live on EMR, and can't believe they waited this long to migrate. The initial cost of the EMR software is quickly outweighed by the benefits:

1) Eliminate Transcription Fees - With PrognoCIS EMR from Level Eight Systems, doctors can simply attach transcription MP3's to medical history and encounters, eliminating costly transcription fees.

2) Chart Expense Reduction - The national average for pulling a chart is $5.00. Having your patient charts available at your fingertips reduces this expense by over 75%. A Medical Practice pulling 100 charts a day can save $375.00 a day, over $2,000.00 a week alone.

3) Improved Coding - Accurate coding can save your practice both time and money in several ways. The number of rejections by insurance companies is drastically reduced, which in turn improves your accounts receivables. EMR software can also advise physicians of appropriate E&M coding, which can reduce the tendency to under-code just to be safe. Many EMR users also find they bill for more services per patient visit because of more appropriate and improved coding. The average medical practice can increase revenue by $50,000.00 a year with improved EMR coding.

4) Better Resource Allocation - Many practices begin to re-evaluate their business processes when they implement EMR software. The patient’s entire experience is often improved, both in and out of the exam room. Practices can improve the way they schedule patient visits, make referrals and handle episodic illnesses. A physician on call, for example, may speak with a patient, schedule an appointment with a colleague, send referral information and schedule a reminder for follow-up appointments, all before hanging up. This type of convenience and flexibility gives physician practices a strategic advantage over others while greatly improving their patient’s experience.

5) Patient Retention - Patient Portals help to streamline communication between patients and staff empowering clients in a secure environment, while reducing telephone calls and call backs.

6) Industry Incentives - Medicare provides 2% bonus up to $1,500.00 a year for medical practices who e-prescribe.

Why is PrognoCIS the best EMR solution?

PrognoCIS EMR Features

Compared to paper records, utilizing an Electronic Medical Record (EMR) system is a rapid and efficient method to preserve critical medical information. The art and science of medicine is practiced within a very information-driven environment and most of the information in a clinical setting is based on patient records and related information.
Many clinical information systems were designed as financial systems - then incorporated detailed clinical patient information as a second thought. This did not create well-integrated patient-oriented information systems.

Not with PrognoCIS. PrognoCIS is a true EMR solution with tailorable encounter scripts for every practice, incredible health record and note management, charting and more. This is the primary purpose of PrognoCIS!

» E&M Coding Assistance
» Tailorable Encounter Scripts by Specialty
» HL7 Lab Interface (Quest, LabCorp, etc.)

» Electronic Prescriptions
» Custom SOAP, H&P, PE Templates
» Specialty Specific HPI, Complaints, ROS
» PDR-Based Prescription Writing
» Decision Support (Diagnosis, ADE)
» Billing/Scheduling Software Interface
» Document/Image Management
» Tablet PC Enabled
» Pocket PC Enabled
» HL7 Custom Interfaces
» Custom Forms Writer
» Specialty Specific Patient Education
» Health Maintenance Reminders
» Electronic Faxing
» Online Patient Portal
» SQL Database for easy reporting
» Installed inhouse or 100% hosted

» IT Support available

A centralized, easily accessible, and secure patient information network is key to putting patient information at the center of your clinical environment. Benefits that have been realized are:

Share patient information everywhere assessment, diagnosis and treatment decisions occur.

Reduce costs by shortening billing cycles and other core administrative and clinical operations - including storage and copying costs of medical records.

Direct data entry by clinicians and staff greatly reduces transcription costs. Direct links to a transcription system also saves time.

Create higher quality documentation (auditable, legible and organized charts and records).

Document visits to a consistent level of quality/service.

Improve the accuracy of coding at the appropriate level - according to a recent study by Arthur D. Little in 2001 the typical lost revenue for inaccurate coding ranges from 3 to 15 percent of total practice revenue.

Minimize the issues of incorrect or conflicting drug prescriptions.

EMR systems greatly aid clinicians in immediate patient treatment and in capturing key information.


Electronic medical records form the basis for improved clinical / IDN operating economics.

New regulatory mandates (e.g. HIPAA) require better, more complete, secure and auditable medical records.

More complete records helps clinicians and staff to avoid mistakes and to manage the cost of malpractice insurance.

Research and Decision Support are key uses for patient-related data.

Why Level Eight Systems?

Level Eight Systems has a over a decade of medical solution experience with a reputation of being on-time and on-budget. We take the risk out of purchasing EMR. We employ our own consultants, who are all PrognoCIS certified and medical industry knowledgeable.

Level Eight Systems has locations throughout the United States to better serve our customers. We know EMR. Put our experience to work for you.

Visit www.level8systems.com to see PrognoCIS in action!

More information can be found online at http://www.level8systems.com


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Contact Information

  • Name: Michael D White

    Email: ***@level8systems.com

    WebSite:

    http://www.level8systems.com
  • About the author

    Primary contributor to ESAP Online University, providing economical SAP Business One e-learning and training resources.



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