OmniMD (Digital Healthcare Innovators)

  Wearable technology is not new. Although it seems it is a product of recent years, it has a rich history that dates to several centuries. Let us briefly understand a bit about wearable devices and how they have been helpful in Remote Patient Monitoring Services in the present times. The Evolution of Wearable Devices It can be safely said that one of the first wearable devices that humankind has known since the 17 th century is the pocket watch. More recently, in 2002, the Bluetooth headset marked the beginning when wearables started becoming more accepted. GoPro revolutionized wearable cameras in 2004, while Fitbit paved the way for wearable technology for health-conscious users. Today, wearable technology ranges from fitness trackers to smartwatches. They monitor aspects such as heart rate and sleep patterns. More advanced wearables include specific ECG monitors that even help track atrial fibrillation. The explosion in wearables, especially in recent times, has become possible th

  These days, the healthcare landscape is ever-changing. This implies that coders and billers must constantly update their skills so as not to leave any money on the table. When EMR and advanced management software were introduced, the general belief was that the standards of billing and collection would be raised. It was thought that this would result in greater accuracy and timely collections. However, sadly, this has not been the case. Some industry reports mention that independent medical practices are leaving as much as 30% of potential revenue on the table due to inefficient medical billing services and related collection processes.  Unfortunately, the rejection and denial rates are still too high. Almost 50% of the denials never succeed, which results in a 5-7% loss of potential revenue. Too many denials can get your revenue locked in Accounts Receivable. This can seriously affect your cash flow. Therefore, optimizing your medical billing and collection processes is advisable t

Traditionally, society has relied on human experience and expertise for decision-making. Human expertise has solved some of the most challenging problems we have ever known. In recent times, the introduction of computer systems and AI/ML technology has helped humans in the decision-making process to make things easier and help make better decisions.   We know that an average individual makes around 35,000 decisions daily. Although most of these decisions are trivial, when it comes to the healthcare field, the right decisions can save lives, whereas the wrong ones can lead to grave consequences. The Role of CDSS in Patient Care: Therefore, physicians and healthcare professionals rely on sophisticated Clinical Decision Support System Software CDSS Software  that relies on AI technology to pinpoint the best solution for a particular patient or case. Thus, this software can vastly improve the speed and quality of medical decisions. While this software can assist medical personnel with dia

  These days, it is essential that medical billing software be compliant with the Health Insurance Portability and Accountability Act, 1996 (HIPAA). This is because of several reasons. Mainly, HIPAA compliance ensures the safety and privacy of electronic health information. The act also lays the foundation for creating national standards to safeguard private patient information.  Likewise, HIPAA intends to prevent disclosure without the knowledge and consent of the concerned patient. The goals of HIPAA include ensuring the security and privacy of the concerned health information, eliminating the risk of fraud, and preventing data leakage in the healthcare sector. HIPAA also aims to establish standards for using and storing protected health information. Compliance with HIPAA regulations benefits both healthcare providers and patients.  HIPAA Compliant and Billing Software: Some Essential Features The HIPAA Act requires maintaining the confidentiality and integrity of protected health i

  In today’s times, the safety and security of electronic health records is paramount in an increasingly digital world. The number of records being lost or stolen is increasing each year, so safeguarding such data today has become increasingly necessary. Hence, protecting Electronic Health Records Software has become increasingly important in healthcare facilities today. If attackers get hold of an electronic health record, the chances of it being sold on the black market and the potential risk of identity theft increase manifold. With these risks in mind, let us look at some of the tactics that healthcare facilities can utilize to secure the safety of these records. Conduct IT risk assessments regularly. Since it is essential to keep up with the advancements that attackers constantly make, you must also ensure that your evolving IT environment has the same security levels. It means you need to have regular IT risk assessments, too. So, you need to know what risks you are facing along

In the history of humanity, technology has always assisted us in changing our lives for the better. Regarding healthcare, technology has emerged as a collaborative catalyst for promoting efficiency in the billing process. Indeed, technology has made an enormous impact on medical billing. It has changed how the healthcare business functions across most parts of the world. Technology makes it possible to automate diagnoses to process claims and provide sophisticated tools to reduce the burden of mundane work. Automating aspects such as data collection, medical coding, and revenue tracking helps the business owner to improve the business owner to improve KPIs and RCM. The alliance of technology and medical billing promises many benefits for the future, so let us examine this aspect in this blog. How Technology Can Assist Medical Billing: Today, the world is driven by technology and data. Hence, technology is revolutionizing everything that is part of this process. Currently, clinics are a