Medical Billing and Coding Blog
Federal Stimulus Package
NY Times: Medical Offices and Hospitals That Use Electronic Medical Records To Receive Bonuses
According to a December 30, 2009 article in the NY Times, entitled “Bonus Planned for Digital Medical Records”, Medicare officials have outlined a plan to reward medical offices and hospitals that maintain systems of electronic medical records. Under the proposed stimulus, billions of dollars will be handed out across the country to healthcare providers that [...]
Five Reasons Why Medical Billing and Coding is Booming
1. Federal stimulus money is being poured into the cause. a. As part of President Obama’s “American Recovery and Reinvestment Act of 2009”, $19.2 billion is being invested into America’s transition to digital health records. b. John Kerry’s recent legislation “The Small Business Health Information Technology Act of 2009” will make family doctors and small medical [...]
The Impact of Healthcare Reform on Medical Billing and Coding… How Far Will the Boom Go?
How will your career be affected if healthcare reform becomes law? If you’re a billing and coding specialist or student, questions like these have probably been on your mind: • Will I see a big increase in demand for my services? • If coverage is increased for eldercare, women’s care and other targeted needs, will [...]
Achieving an Electronic Medical Record
The implementation of an electronic medical record is not an easy task for medical offices. The process can be expensive, sophisticated, and time consuming, especially for smaller medical offices with limited resources. According to a study in Health Affairs it costs about $44,000 per physician to install an electronic health records system, and that is not [...]
Obama on Electronic Medical Records
President Obama discusses America’s transfer to electronic medical records as part of his healthcare stimulus plan. Under his proposal, all medical records in America will be electronic by 2014; as a result, healthcare technology professionals, such as medical billers and coders, will continue to be in high demand. [vodpod id=Groupvideo.3654245&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] more about “Obama on Electronic [...]
What Does the Federal Stimulus Mean for Medical Billing and Coding?
With billions of dollars being invested into healthcare technology and America’s imminent transfer to exclusively electronic medical records, billing and coding professionals will become increasingly vital to healthcare facilities throughout the country. As more healthcare facilities undertake an electronic medical record system, there will be an increase in job openings for medical billing and coding professionals, [...]
Healthcare Technology and Obama’s "American Recovery and Reinvestment Act"
President Obama’s healthcare stimulus package will serve as a catalyst for the long-awaited shift to electronic medical records (EMR) in America. Obama addressed the American Medical Association in June and said that “We do a better job tracking a FedEX package in this country that we do tracking a patient’s health records”. Upon assuming the reigns [...]
