Last Updated on April 18, 2023 by Tabraiz
Optima Therapy EMR software must drive compliance and charge capture while supporting the charge capture process. Some of the cons of this software include: It requires an upfront capital investment; it requires additional IT staff, and it isn’t HIPAA compliant. Before purchasing an EMR, consider the pros and cons to decide which one best meets your needs.
Must drive compliance while supporting charge capture
Optima Therapy EMR software is a cloud-based medical record software designed for rehabilitation and physical therapy practices. It includes a powerful case management tool and helps with patient scheduling and billing. It also integrates with HealthMEDX, MatrixCare, and PointClickCare. It helps you keep track of compliance issues and prevent denials.
Charge capture is one of the most critical aspects of any medical practice. Without proper charge capture, medical practices are unlikely to meet their revenue goals. Even a small change in charge capture can result in an impressive return on investment. Even a $100 difference in revenue can add up to more than $25,000 a year.
Revenue management software helps maximize reimbursement by automating processes and ensuring accuracy. It makes it easy to enter patient payments, track claims status, and follow up on denied claims. These features will enable your clinic to reduce human error and improve patient access to relevant information.
Charge capture is another crucial aspect of EMR software. Without proper documentation, a client will not be able to claim for their services. Proper coding ensures maximum benefits per case and minimizes claim denials. It also helps maximize profitability by reducing denials.
If you are considering buying EMR software for your practice, it is essential to choose one that drives compliance while supporting charge capture. The software you choose should include built-in guardrails and compliance alerts to alert you of regulatory changes or inaccuracies. This way, you will not have to worry about missing a patient visit.
Requires Capital Investment Upfront
When considering the best EMR software for your practice, you may wonder if you should invest in a server-based version or a web-based one. Server-based EMRs are more expensive and require more IT staff and hardware replacement. You will also need to decide what type of hardware is right for your practice.
Requires Additional IT Staff To Maintain
Although the software is intuitive and user-friendly for front-line staff, some clinicians report that Optima requires additional IT staff to maintain. This is a common issue with many EMR systems. For this reason, it is important to choose a vendor that offers the kind of IT support you need. Casamba and Net Health/Optima are two such examples. The latter offers better management reports and tools.
One issue that is common among users of Optima is the lack of customizable fields. This feature would allow billing personnel to make notes directly on a case file without having to ask permission from IT staff. In addition, it would enable therapists to understand insurance and situations better. The lack of this feature makes communication flow difficult, especially in a challenging labor market.
As an alternative to dedicated IT staff, some cloud-based EMR software solutions are available for therapy practices. For example, Optima Therapy EMR Software can integrate with 30+ different software applications. It can also be customized and secure and is constantly updated to meet regulatory requirements. It can be used by contract therapy companies, in-house therapy providers, and a range of care settings.
It Is Not HIPAA Compliant
If you are a therapist, you must follow HIPAA regulations. Otherwise, you could face penalties. Fortunately, there are many EMR systems that are HIPAA compliant. This article will explain some of the basics. First, it is important to understand the requirements for HIPAA compliance.
There are several ways to keep your practice HIPAA compliant. You can choose from several options, and you should choose the one that is right for your practice. For instance, WebPT EMR is a cloud-based solution and is designed for multidisciplinary practices. Optima Therapy Software is designed for outpatient therapy practices, and it comes with electronic medical records and case management tools.
HIPAA is a federal law that regulates private businesses. It requires healthcare providers to safeguard PHI and make it accessible to authorized persons. In addition to privacy, HIPAA regulations require healthcare organizations to provide copies of health records to patients within 30 days of request. It also requires healthcare providers to make sure health records are accurate and updated on a timely basis. This law applies to all forms of health records, such as charts, appointment schedules, and dictated notes. It also requires healthcare providers to turn over PHI to child welfare agencies when suspected of child abuse.
One way to ensure HIPAA compliance is to use cloud-based health practice technology. Cloud-based software is a cost-effective, easy-to-use solution that safeguards PHI from online threats. It also automatically backups up and keeps the system up-to-date. Additionally, cloud-based software protects your practice’s workflow and only allows authorized staff to access PHI.