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Why Do You Need to have CureMD Discrete Reportable Transcription Service

Jul 28, 2015

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Page 1: Why Do You Need to have CureMD Discrete Reportable Transcription Service

© CureMD Healthcare

Page 2: Why Do You Need to have CureMD Discrete Reportable Transcription Service

Discrete Reportable Transcription Service

• When the HITECH Act became law in 2009, it aimed to stimulate the adoption of Electronic Health Records (EHRs) across the health care industry; the clinical data gathered from these systems would aide in disease prevention in the coming years

• By 2013, above 80% of all office-based physicians had adopted some variant of electronic health technology, the 2014 Black Book Rankings Survey for Top Ambulatory EHR Vendors reported

Page 3: Why Do You Need to have CureMD Discrete Reportable Transcription Service

Discrete Reportable Transcription Service

• However, ever burgeoning government regulations increased with EHR-adoption rates, as did numerous workflow-related physician concerns

• Among these workflow concerns, none have been bigger than electronic physician documentation to comply with stringent federal documentation requirements

• And withICD-10 entering the picture, the whole dynamics of patient encounters will take a jolt; experts are anticipating a 15-20% increase in physician documentation after October 1, 2015

Page 4: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• Step 1 of the process, however, is to know that you have different options for managing physician documentation

• How do most physicians manage patient documentation?

• Point and Click: During a patient visit, practice staff enters clinical data in the EHR. For physicians who are not tech savvy, and those with a small staff base, this reduces the number of patients they are able to see each day

Discrete Reportable Transcription Service

Page 5: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• Are there any alternatives with ICD-10 fast approaching?

• Scribes: By entering data into your system during a patient visit, scribes can ensure that you can focus on your patient

• Furthermore, scribes can cost as much as $75,000 per year

• Alternatively, a scribe who’d give you a transcription file of the whole clinical encounter would cost lesser, but manually identifying and entering relevant information into your EHR will require a lot of extra time

Discrete Reportable Transcription Service

Page 6: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• Speech/voice recognition software:• Although a more cost effective method in contrast to

scribes, words are often misinterpreted by such software which means that physicians have to manually locate errors in their records

• Additionally, unspotted mistakes in your clinical records will translate into claim denials

Discrete Reportable Transcription Service

Page 7: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• Transcription service:• You would record your patient encounter, not having

to type everything onto the system, and send it to the transcription vendors

• Similar to scribes, some vendors will give you files of the complete encounter, leaving you to extract and then enter data into your system

• A good vendor, however, would enter this data into specific fields of your EHR, saving you the hassle and a lot of time

Discrete Reportable Transcription Service

Page 8: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• CureMD’s Premium Discrete Reportable Transcription (DRT) service does so as well, and was launched after months of research and testing in order to streamline physician documentation in the wake of ICD-10

• Standout features of CureMD’s Premium Discrete Reportable transcription (DRT) service?

• Discrete: Our quality analysts ensure that the relevant information from the recording file is populated into specific fields of your EHR as soon as the transcription narrative is generated and double-checked

Discrete Reportable Transcription Service

Page 9: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• That means that within 24 hours, all the CPT-fields in your EHR will contain the relevant CPT codes, patient allergies and medication data will be filled in, as will every other relevant word occurred during the patient encounters

• Compatibility: Unlike other transcription services which need to be integrated with EHRs, CureMD clients will have the added benefit of getting a seamless, comprehensive solution from one vendor

Discrete Reportable Transcription Service

Page 10: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• Recording methods: You can record patient encounters using an official mobile app, your telephone receiver, or a password protected FTP server

• Privacy and compliance: The DRT meets all Meaningful Use Stage 2 & HIPAA compliance standards, and we are up-to-date with all necessary confidentiality and data security laws

Discrete Reportable Transcription Service

Page 11: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• Cost: Many transcribers charge for the total duration of a transcription narrative, which includes the cost for minutes where the provider is not even speaking during a patient visit

• At CureMD, we’re only charging a modest rate based on your speaking time. Additionally, a minimal one time charge is all you require to subscribe to this service, and you won’t be bound by any contract or commitment

Discrete Reportable Transcription Service

Page 12: Why Do You Need to have CureMD Discrete Reportable Transcription Service

• Interested in learning out more about our Premium DRT service?

• Contact us at (718) 684 9298 x 382, shoot an email to [email protected]

Discrete Reportable Transcription Service

Page 14: Why Do You Need to have CureMD Discrete Reportable Transcription Service

CureMD Healthcare120 Broadway Street, New York,

NY 10271Ph: 212.509.6200www.curemd.com

Thank you!