There are three requirements that must be met to qualify for incentive payments. First, you must be an Eligible Professional. AMA has defined a set of qualification guidelines for both Medicare and Medicaid. Second, you must adopt EHR software that is certified to the 2011 standards set forth by the ONC. And finally, you must demonstrate Meaningful Use.

10 Most Common Revenue Cycle Challenges and Best Practice Solutions click here for PDF version 1. Inadequate practice management systems First,...

Meaningful Use of Electronic Medical Records: A Summary of CMS' Proposed 25 Criteria

Deciding to adopt an EMR is one of the most important decisions made by any practice. The transition to an EMR from a paper system can be challenging due to the fact that it will change the way everyone works. Considering the vast changes that have to occur to adopt an EMR, extensive planning must occur for a successful implementation.

Using information to improve the value of your practice can be a great way to create leverage and improve the performance of your practice. Business Intelligence is the result of a complete system that produces meaningful insights by providing the information necessary to make business decisions. Changes made from these insights both improve the performance and value of your practice.

Quick, what's the largest asset on your balance sheet? Almost certainly it's accounts receivable. Many physicians fail to realize that, and many fail to appreciate that aggressive management of accounts receivable is key to any practice's financial success.