Three Important Benefits of Electronic Medical Record Software

Posted by mgsionline on July 14th, 2012

Having all the necessary information makes every task easier and faster. The same is true with healthcare.

Electronic Medical Record software is a system which automatically creates electronic files of medical history, notes from physicians, billing data and all other information that completes a patient’s profile.

Proper healthcare document management enable healthcare providers to know what medications have previously been administered to patients and whether or not they were effective.  Without Electronic Medical Record software, doctors have to spend more time, effort and money to gather all the required information for treatment.  Moreover, with the incentives in implementing EMR software makes it a great investment that would return some portion of the initial investment.

Here are three of the most important advantages of using Electronic Medical Record software and medical billing software.

Improved Information Storage with EMR software

Electronic Medical Record software can pull information from various offices and combine different types of records. With EMR software, there is greater integration at lesser cost, time and effort.

Traditional systems of medical document management cannot store and manage information as well as modern EMR software. In the past, every user had to be provided his own medical billing software or EMR software. Today though, hospitals and clinics do not need to invest as much in IT infrastructure with the advent of ‘cloud computing’.  Electronic Medical Record software stores information into one location on the ‘cloud’.  This centralized database is accessible online and can be used by several people at the same time. 

Because patient information is highly sensitive, Electronic Medical Records  also guarantees maximum data security.  Advanced healthcare document management and medical billing software automatically back up information in their storage.  The servers and networks on the ‘cloud’ employ multiple levels of technical and physical security measures to make sure that only those authorized can access the information.

Increased Accessibility and Mobility Thanks To EMR software

Thanks to advances in information technology and EMR software, Electronic Medical Records has likewise become more accessible to both patients and healthcare providers.  EMR software enables users to access records from their PDA or Palm device.  They can also download the information from any computer unit with an Internet connection.  Healthcare professionals can enjoy all the benefits of EMR software even when they are mobile.

Billing Patients More Efficiently Using Medical Billing Software

Preparing and pushing the necessary paperwork for billing insurance claims is an important aspect for the financial success of any healthcare entity and these tasks are handled by medical billing specialists. They are administrative personnel who handle accounts payable, patient charts and insurance-related tasks.  Medical billing software performs many of the functions of medical billing specialists and makes customer support readily available.

Healthcare service providers that are unable keep up in terms of data management and billing efficiency will definitely lag behind.  Without advanced healthcare document management and medical billing software, patient care will be much slower not to mention less efficient.  With the new emphasis on better care co-ordination, EMR software has moved from being an option to a necessity for every Provider.

About MGSI:

MGSI, LLC (MGSI), is rated among the top 10% of RCM companies nationwide. MGSI offers unique integrated solutions combining practice management software, radiology billing, medical billing services, electronic health records, mobile charge capture , anesthesia Billing and medical document management. Operating since the early 1990’s, MGSI has consistently been able to accelerate the claims process and dramatically reduce the time it takes to bill and collect a practice’s receivables.