Medical Transcription (mt) And Electronic Medical Records (emr) Software

Electronic Medical Records (EMR) has revolutionized the healthcare industry in recent times. Many experts felt that EMR & Voice Recognition would totally replace Medical Transcription – however; the industry soon realized that transcription has certain advantages over point & click charting and many physicians preferred to dictate notes rather than document the data at the point of care themselves.

The most critical part of any Electronic Medical Record (EMR) is the method of data entry. EMR is about aggregation of patient encounter data at the point of care in order to provide a complete, accurate, and timely view of patient information. An electronic medical record is not just a typed record of the patient encounter, but an extremely useful decision support tool. The data can be entered into the EMR via any of the two general mechanisms: direct entry by the physician using point and click templates or transcription of dictated notes. Point and click template indicates that each data element, which is to be inserted, requires selection, navigation, point and click process for capturing patient information.

Transcriptions have been around for years for documenting patient encounters. A medical provider dictates the medical note into a phone or a recording device. The transcriptionist receives the dictation and transcribes it. It may be reviewed by the supervisor for checking errors. The final computerized file is then either emailed directly to the healthcare provider or the file is transferred to a web site and is later downloaded by the provider.
Each method has its pros and cons.
Point and Click Templates
Most EMR systems allow providers to generate clinical documentation, by selecting variable terms from pre-structured point-and-click templates. Users simply point and click to select appropriate choices from lists of choices to record a patient encounter. The end result would be a document that closely resembles a transcribed procedure note.

Advantages

* Completely customizable templates. The doctor can specify the layout of the template, which helps him to adjust the template as per his practice & procedure.
* Provide consistent, complete and accurate data. The chances of medical erros are reduced since the data is documented in customised forms.
* Notes for similar type of exams will appear to be standard and similar
* Store / organize data for subsequent retrieval.
* Each click adds data elements to the database. Point-and-click systems create data that can be used to generate clinically useful reports, such as health maintenance reminders, disease management etc.
* One of the major advantages of template based charting is the time needed to make the document available as a medical record. Since notes are created within the EMR, they are available immediately upon completion.

Disadvantages
* It takes more time, and definitely more concentration for a physician to navigate through large data set and create progress notes using point and click templates.
* Templates must be customized as per the physicians requirement.
* Customization can be inflexible and costly.
* Well accepted by only tech-savvy doctors.
* The approach of direct data entry by the physician has generally failed because busy providers reject it altogether.
* Output from these templates is too canned and identical. It loses individuality for each patient.
* It is difficult for a provider to capture complete patient encounter on computer in front of a patient.

Medical Transcription
Transcription has long been the standard for documenting patient encounters. It is more convenient for a provider as compared to handwritten notes or electronic data entry. There are many advantages of transcription in comparison to point and click charting. There are a few disadvantages as well.

Advantages

* Correspond intuitively to the physician’s usual method of working. Dictation remains the most intuitive and least time-consuming means of data entry.
* Physicians can dictate anytime, anywhere using PDA, Dictaphone or telephone at their convenience.
* Providers need not change the way they practice just to accommodate an EMR. EMR can interact with transcription service so that transcriptions can be attached directly into the patients electronic medical record, if such a facility is provided by the EMR vendor.
* It requires minimal training for physicians.
* Provides expressive power to describe patients condition and other health related events

Disadvantages

* Details of the exam can easily be forgotten and omitted while dictating, if dictation is not captured immediately at the point of care
* It cannot be queried for generating reports unless transcribed in pre-formatted templates
* Transcribed reports are not immediately accessible. Physicians would normally have to wait for 12 to 24 hours for charts to be delivered, unless few vendors supporting 2-4 hours short turn around time.
* Transcription provides for more efficient use of doctor’s time.
* Although average transcribed report costs $2 to $4, it can reduce the doctor’s time spent on data entry.

Considering the value of doctors time, transcription is not a costly proposition.

EMR should give the freedom to the physician to decide to use either Point & Click or Medical Transcription. For a physician, the EMR that fits into his practice workflow would be invaluable. A competent EMR must have a template driven charting feature and the ability to interact with a transcription service at the same time. Both are indispensable features of Electronic Medical Record Software, as doctors are not unanimous on point and click charting or transcription. Such an EMR will be both efficient and cost effective.
The trends in transcription itself are changing with Medical Transcription service providers aiming to adopt new technologies. These technologies will evolve to increase efficiency & accuracy, decrease turnaround time and support data capture. While many of these technologies like such as digital dictation and electronic signature exist today, several technologies are still on the horizon.

The author, Divan Dave, is the founder and CEO of OmniMD, a developer of HIPAA compliant Pocket PC and Internet-based enterprise clinical solutions, designed to fully automate the work-flow of contemporary healthcare organizations. The company is a division of Integrated Systems Management, Inc. (ISM), a leader in Internet consulting and e-business development since 1989. For details visit http://www.omnimd.com

Evaluating Legal Billing Software – Top 10 Tips

Producing client bills to recover money for services provided is an important function of any law firm.Legal billing software can begin to play an integral role in streamlining the entire billing process. Particularly when you have a huge client base, then labor-intensive processing is inefficient and is vulnerable to human errors.

It’s not a secret that automation using computer systems and proper software can change the game for virtually any company. Profitability and productivity can be improved speedily by implementing an attorney billing software system that is able to handle numerous client matters.

Many a times law firm cannot choose the right software program which will be best suited for company. That is understandable for the reason that marketplace is flooded with so many packages & solutions in fact it is no easy task to zero down a selected product.

The idea of this article is to offer you few tricks for choosing the best legal billing software program for the law firm.

1) First and foremost it ought to be a software system that may be installed without any professional help.End user should be able to do the installation on their workstation without the assistance of an installation resource.

2) With the amount legal billing alternatives like hourly rate, fixed rate, retainer based fees, contingency fees, task-based billing, matter based billing etc it is crucial that the software accommodates differing types of billing alternatives used by your small business associates.

3) Another important aspect for lawyers may be the integration of trust accounting and legal billing. Because of client advances (or retainers), trust and billing transactions will often be interrelated. It is critical that legal billing software is compliant with trust bookkeeping needs.

4) Invoice generation in a timely manner, follow up & dispute handling services will probably be key for saving time and enhancing output.

5) While most software applications supply you invoice & reminder letter templates, however you should have choices for personalized templates to suite your company needs.

6) If you are a smaller sized law firm it is crucial that most your end users have access to the software package . So be sure the software item you finally choose supports several end users simultaneous access.

7) Multi-user support does not always mean unrestricted and uncontrolled access. Access control feature is often a critical attribute for just about any class software package.

8) Every bit of work done utilizing a legal billing software product can possibly go waste if info data gets corrupted or your pc crashes. This is why information backup feature is another essential factor that you ought to be taking into consideration.

9) Another critical feature that you ought to always bear in mind will be the reporting functionality from the software package. Any quality package offers you various reporting choices that will make life simple for you.

10) Lawyers frequently grapple with collection problems. Legal billing software program with integrated collection support can very much improve cash flow and improve collections.

Importance Of Loan Management Software

Loan management software is a practical application developed to keep track of all customer payments, cash flow, funds flow and lending records. Loan management software helps to accurately calculate the portion of each payment that is to be applied to interest, principal, escrow, late fees, etc. This loan management software also provides an extensive suite of report options including, account history, promises to pay, payment coupons, monthly billings, late notices, escrow balances, loan payoffs, insurance and property tax renewals, accounting reports and many interest statements.

Loan management software assists in maintaining detailed reports on the financial position of a customer. It handles all types of loans including standard mortgages, interest only loans, balloon payments, etc. This loan management software simplifies the transactions by regulating the business activities and maintaining proper financial and landing records. Loan management software consist of various modules including lending module, lender module, mortgage module, deed of trust software, loan servicing software, loan tracking and loan management module, etc.

A loan management software program has a great impact on lender companies due to its dynamic and flexible nature. It is good for investors, loan companies, and not-for-profit organizations. Loan management software builds long term clients relationship, updates database management and helps in management upgrades. Following are some of the major features of loan management software:

Easy to use software user friendly and powerful.

Partial payments are accurately calculated / tracked.

Loan payment postings are easily entered.

Charge / collect late fees.

Charge / collect miscellaneous fees.

Post and track escrow payments / disbursements for insurance and taxes.

Create / print amortization schedules.

Ability to handle conventional and non-conventional financing.

Scan / store documents pertaining to each account.

Sharing of principal, interest and late charge payments between two entities.

Affordable, easy to use, and fully featured.

A loan management software system manages the database or loan information. This information is used for servicing the loans, tracking current installment payment status and other accounting or cash flow information at the same time. Its basic purpose is to keep up with all the financial data necessary to manage the portfolio of loans. It also integrates with various business modules. It automatically updates itself and can work with a small to medium size lenders easily. There is no limit to the number of loans it can store. Additionally, it calculates all the financial numbers one need and maintains all payments and late charges due and past due.

Some vendor companies offering loan management software also provide a free “net session” with their tech support specialists who set up this software on the computers and who will provide the initial training to run the loan management software.

Preparing For Cpim Exam With Cpim Exam Simulator Software

Learning being considered a continuous process, certifications and various exams serve the practical purpose of addition of skills and knowledge in a professional. Notwithstanding, CPIM which stands for Certified in Production and Inventory Management is a professional qualification which enhances the level of a person a notch up i.e. it increases the functional knowledge of production and inventory management i.e. improves efficiency. The professional certification of CPIM is all set to make a difference in supply chain management with focus on simplification and modernization of the entire setup.

Apart from improving the process in supply chain, CPIM program also assists a professional in streamlining the operations through accurate forecasting and predicting the accurate outcomes based on certain facts and data. Post-CPIM certification, the professional so qualified can maximize customer satisfaction by delivering products and services in a stipulated time. Notwithstanding, the professional becomes beneficial for the organization as the qualifichttp://www.supplychainsimulator.com/ation enhances credibility in front of peers, employers, customers, etc. amongst others.

A candidate applying for CPIM exam is expected to have fundamental to advanced level knowledge on Basics of Supply Chain Management, Master Planning of Resources, Detailed Scheduling and Planning, Execution and Control of Operations, Strategic Management of Resources, etc. The CPIM exam aims to test the candidate’s ability to comprehend and response in actual time scenario. Preparation for CPIM exam is being made easy by companies which are offering simulator software for practicing the previously asked questions or important questions.

CPIM exam content manual serves the purpose of acquainting an aspiring candidate about the syllabus, questions, question patterns, etc. Despite the fact that CPIM test is being put as one of the complex one, with the help of CPIM Exam Simulator Software a candidate can practice the questions which are compiled by researchers and collectors. Every time the candidate goes for practicing, he gets unique questions which are aimed to widen up the knowledge base. In consequence to practicing through CPIM exam simulator software, the candidate can easily pass CPIM test.

For nearly four decades, CPIM has trained more than 90000 candidates who are working in manufacturing sector. Established in the year 1973, the CPIM program has been offering training modules on concepts, supplier relationships, quality control, capacity requirements planning, sales and operations planning, strategies related to demand management, procurement and supplier planning, material requirements planning, master scheduling, performance measurements, and continuous improvement, etc. to professionals aspiring for CPIM exam.

Tips and Advice about Spy Software

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Help Safeguard Your Loved Ones, and Small Business by Utilizing Cell Phone Spyphone Technology

In summary, Cell Phone Spy software is installed on a target Smartphone smartphone or computer and then access monitored activity from an internet account. Everyday people and institutions checking out Mobile Phone Spyphone and options to keep their family, business, or relationship secure should be aware it’s now standard practice to monitor phones.

Novel Mobile Phone Spy software programs capture and store SMS text messages, track cell Phone Tracker location, sent and received cell phone activity logs information, internet usage and send it to an on-line private account. Some Smartphone Spyphone Software also has the capacity to cell phone tap to listen to smartphone calls and spy call transform the cellphone right into a covert eavesdropping phone.

Catch up with modern technology! Smartphone Spy Programs download straight onto a ‘target’ cell phone by using the cellphone web connection. And then ‘events’ or activity may be checked remotely from a private web account. You can get the truth of the matter as to what people say on their cellphones and who they really are speaking to as well as answers about Smartphone Spy Phone.

An effective approach that will identify the truth about what people are up to is to become a self-service private investigator. Put another way to look at what is contained in communications, location tracking, and determine web activity. Don’t forget that smartphones are really mobile computing devices that have web access, so they really need to be monitored . For that reason in addition to Personal Computer and Web Monitoring Technology you should look at Smartphone Spyphone Mobile phone Spy Apps.

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