The system can be set up to establish bonus plans and provide staff with transparency, allowing them to know how they and their performance directly affect the profitability of the clinic.
Denville, NJ (PRWEB) July 28, 2012
“Practices survive and succeed when the business welcomes innovative tools that are available such electronic medical records for physical therapy management software.” Chhoda said, according to the latest physical therapy survey. He added that, “If you want your business to grow and prosper, managing paperwork and resources efficiently is very essential."
Perhaps the most important advantage of an EMR is the ability to track discrepancies and trends in payment and reimbursements among providers. The information arms practice owners with the statistics they need to work with providers on charges and payments to provide an enhanced level of care for patients while improving the bottom line for clinics.
Chhoda has long been an advocate of physical therapy management software systems that increase practice efficiency. Instead of doing tasks like maintaining paper records which requires considerable time, effort, manpower and physical resources, the time can be better spent in treating patients, acquiring new clients and marketing efforts when EMRs are correctly implemented. EMRs provide the tools to do all that and more.
With the use of EMR, wages for superior staff continues to increase as well. It assists practice owners in scheduling employees and controlling labor costs. The system can be set up to establish bonus plans and provide staff with transparency, allowing them to know how they and their performance directly affect the profitability of the clinic.
An EMR system brings together all the essential elements of a practice, from physical therapy patient scheduling and documentation to billing and coding. EMRs provide practice owners with the means to remain in compliance and obtain quick turnarounds on reimbursements. Chhoda noted that transitioning to an EMR system offers immediate access to real time data that practice owners can utilize to monitor the success and viability of their business, while offering an additional level of patient care.
Chhoda’s office can be reached by phone at 201-535-4475. For more information, visit the website at http://www.emrnews.com.
ABOUT NITIN CHHODA
Nitin Chhoda PT, DPT is a licensed physical therapist, a certified strength and conditioning specialist and an entrepreneur. He is the author of "Physical Therapy Marketing For The New Economy" and “Marketing for Physical Therapy Clinics” and is a prolific speaker, writer and creator of products and systems to streamline medical billing and coding, electronic medical records, health care practice management and marketing to increase referrals. He has been featured in numerous industry magazines, major radio and broadcast media, and is the founder of Referral Ignition training systems and the annual Private Practice Summit. Chhoda speaks extensively throughout the U.S., Canada and Asia. He is also the creator of the Therapy Newsletter and Clinical Contact, both web-based services to help private practices improve communication with patients, delivery better quality of care and boost patient retention.