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SOURCE: EMR News
Nitin Chhoda, a physical therapy marketing expert, shares recent information about how the latest software called EMR can help physical therapists analyze revenue cycle in order to have a smooth running practice.
Denville, NJ (PRWEB) March 10, 2013
In physical therapy private practice offices, it can be difficult for managers of the office to identify how their business is doing financially. Especially in a field where patients are coming and going all day every day, it is essential for an office to be organized so total revenues can be analyzed accurately. With physical therapy documentation software, office managers can identify the best payers, identify staff members who are not using time efficiently, and determine trends of a typical day to schedule and plan effectively.
Although any new software can take time to learn, this physical therapy documentation software will benefit the office in the end by allowing therapists to analyze their office in a variety of ways and make the most out of their staffing. The physical therapy documentation software conducts a thorough analysis telling owners of the practice if they are exposing themselves to any liabilities or missing opportunities.
By taking into account all electronic medical records on hand such as scheduling calendars of patients and schedules of staff, this software will disclose an analysis of labor costs, productivity of the staff showing if the business is successful.
According to Chhoda, with EMR, not only will scheduling of patients and staff become more efficient, but physical therapy billing will become effective too. This physical therapy software tells offices which insurances are more likely to payout and can be set up to automatically bill or retry billing if a denial occurs. These fast and efficient billing procedures will make the practice run more smoothly and make the patients happier.
Overall, physical therapy documentation software will affect the business exponentially and offices are likely to see immediate results. The impact of the software will be better for staff, patients, and office owners. Electronic medical records and physical therapy documentation software is a small investment for a big return.
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.
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