Friday, January 29, 2016
As of April 2015, 98 percent of all hospitals and 95 percent of Critical Access and small rural hospitals have demonstrated meaningful use and/or adopted, implemented or upgraded (AIU) any EHR. But while adoption is at an all-time high, so are hospital costs.
In an effort to achieve revenue gains, some hospitals have turned to improving clinical documentation. Improving the way documentation is created, processed and managed and putting in place a clinical documentation improvement program is a strategy that can lead to long-term financial stability say supporters.
Clinical Documentation Improvement (CDI) programs can directly drive revenue cycle management. As well, these initiatives fuel correct reimbursement and accurate quality reporting. Still a myriad of people, processes and technology must work together to ensure CDI programs meet these goals. Clinical documentation improvement initiatives must also work in a way that not only eliminates the risk of lost revenue, but also creates minimal impact on the clinicians working on the front lines with patients.
Poor documentation is one of the greatest threats to a hospital’s revenue integrity. Some negative impacts of poor documentation include:
Physicians time is better spent on patient care than as a resource for data-entry tasks. By pairing EHR data management with speech productivity and workflow management solutions, hospitals can reduce their overall operating costs. Implementing strong, physician-focused documentation tools, like dictation and speech recognition, as part of a clinical documentation improvement plan, is an efficient way to improve physician clinical documentation. With intelligent speech technologies and customized templates, hospitals can positively impact their documentation processes.
View our recorded webinar from December, 2015 to learn more about:
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