_Electronic Medical Record and an Electronic Health Record. (3)
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Belhaven University *
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Health Science
Date
Jun 1, 2024
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5
Uploaded by ProfessorRiverManatee5
1
Electronic Medical Record and Electronic Health Record.
Department of Health Administration, Belhaven University
MHA 643; Health Care Finance
May 4, 2024
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Electronic Medical Record and Electronic Health Record.
Instantaneous information sharing is a key difference between an electronic health
record (EHR) and an electronic medical record (EMR) (Baker, 2017, p. 6). An electronic medical
record (EMR) stores information that can only be accessed by one healthcare provider. On the
other hand, EHRs are designed to be used by a range of healthcare organizations and
practitioners. Another difference is the ability of different healthcare providers to interact with
patient data and enhance electronic health records (EHRs). Accurate data sharing becomes easier
as a result over time. Without electronic health records, patients and/or medical professionals
would still be responsible for the administrative tasks of arranging the transfer of medical records
to another provider or group of doctors. Ensure that the "updated data is incorporated into the
initial printout of the patient records then falls on those who received healthcare providers" an
additional administrative task (Baker, 2017, p. 8).
Gaining an exhaustive understanding of an individual's health status and history is made
much easier by the EHR, which simplifies instant access to these more comprehensive records.
Given this fuller picture, EHRs are advantageous to patients, medical professionals, and the
industry as a whole. As an alert about possible gaps in care arises, picture a healthcare
professional going over an EHR. The caregiver can view the notification details in the EHR
rather than having to access a separate system. Responsible artificial intelligence (RAI) provides
the healthcare provider with patient insights along with the alert.
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Patient Care
Example
Health OS, a payer-agnostic medical information platform, has made that goal a reality by
enhancing the ability of medical professionals to provide outstanding patient experiences via
their existing EHR system. Because of the way it is built, it can interface directly with
vaccinations registries, external data, aggregators, health information exchanges (HIEs), and
EHRs. A new benchmark is established by integrating all of these data sources: longitudinal
patient records (LPRs). Assume that Allen visits his main medical physician, Dr. Drew,
following hospitalization for serious gastrointestinal issues. Prior to recommending a sleep aid
that Allen requested, Dr. Drew reviews the hospital test results in Allen’s EHR. Due to the EHR's
integration with Health OS, Dr. Drew is notified instantly of any possible contraindications to a
given medication, along with suggested substitutes, which she subsequently prescribes.
Since Allen's discharge record indicates that he is living alone in a rural area, she also
receives an alert to talk about his support network for rehabilitation. Dr. Drew discusses with him
the possibility of receiving assistance from his adult children, who reside 20 miles away. Dr.
Drew wouldn't have had immediate access to his test results and discharge paperwork if she had
been using an EMR; instead, she would have had to rely solely on what Allen reported during his
visit regarding his hospital treatment (Franks et al., 2024, p. 10). The treatments that took place
outside of Allen's care weren't going to be fully examined by the physician. In order to help
Allen reach his optimal health, a longitudinal patient record cross-checks a variety of EHR
factors using AI-based insights and notifies Dr. Kim of those that she might want to address. In
order to enhance care while lowering administrative costs, health OS and LPRs enable more
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thorough and timely medical information expressing and knowledge from interactions among the
patient and care supplier. Nearly 200 health systems have been linked to Health OS.
Revenue Cycle Management in Healthcare
A successful healthcare company must master financial health, and efficient revenue cycle
management procedures are essential to this achievement” (Beger, 2024, p. 25). This article
provides a thorough overview of revenue cycle management in the healthcare industry. It will
offer methods and insights for maximizing the financial foundation of your healthcare company,
guaranteeing precise billing, prompt reimbursement, and a satisfied patient base. Fundamentally,
“RCM assists healthcare institutions in making sure they receive timely and complete payment
for the services they provide” (Franks et al., 2024, p. 20). Revenue flow is maximized, denials
and delays are minimized, and revenue leakage is decreased with effective RCM procedures.
Upholding operations, making investments in cutting-edge technology, and growing services all
depend on this monetary security.
In Conclusion, the secret to healthcare's monetary security is optimizing generating income
through efficient revenue cycle management. Medical professionals can guarantee financial
stability by comprehending the fundamentals of RCM, conquering obstacles, utilizing
technology, putting best practices into practice, keeping an eye on the evolving healthcare
surroundings, and tracking important performance metrics.
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References
Baker, J. J. (2017).
Health Care Finance
(5th ed.). Jones & Bartlett Learning. ISBN:
9781284141375 (e-book); 9781284118216 (print edition)
Berger, S. (2024, March).
Brenda Chilman: A positive patient experience starts with the revenue
cycle.
Healthcare Financial Management,
78
(2), 50+.
https://link-gale-com.belhaven.idm.oclc.org/apps/doc/A788124821/AONE?u=belhavenu&si
d=bookmark-AONE&xid=52212d70
Franks, A. M., Clements, C., Bannister, T., Mays-Kingston, A., Beaty, A., Korkmaz, A., Parker,
J. A., Jr., & Petrany, S. M. (2024). Optimization of Electronic Health Record Usability
Through a Department-Led Quality Improvement Process.
Annals of Family Medicine
,
22
(2), 81+. http://dx.doi.org.belhaven.idm.oclc.org/10.1370/afm.3073