Now, more than ever before, home health care agencies are looking to save money while making their teams as efficient as possible. And one of the first areas to take a closer look at is your EMR system.
Unfortunately, having the wrong EMR system in place, or no EMR system at all, likely means you’re wasting money without even realizing it.
These days, it’s simply not an option to throw money out the window as a result of invoicing or charting errors that could have easily been avoided.
So what’s a home health care agency to do?
Whether you’re looking to save money so you can invest in enhanced recruiting efforts or other resources to combat the staffing shortage, utilizing the right EMR system has the potential to save your agency some serious money.
5 Ways the Right EMR Software Can Help Home Health Care Agencies Save Money
#1 Catching costly errors.
Good EMR software is highly effective when it comes to catching charting and documentation errors. These types of errors can lead to claim denials and a range of other issues.
Some robust EMR systems even include automated features for invoicing and payroll, meaning human error is virtually eliminated when it comes to these very important aspects of your business.
Also, it makes sense to look for an EMR system that utilizes authorization blocks and alerts to make sure you don’t do a lot of work for free.
#2 Reducing overhead and administrative cost.
One of the best things about a great EMR system is the automation. Just as automation takes human error out of the equation, it can also reduce administrative costs and overhead.
If you pay someone to do what an EMR system could automate, wouldn’t their time be better spent on more sophisticated tasks?
Look for an EMR system that allows for automation in various tasks such as claims creation, accounts receivable tracking, matching electronic remits to claims, and payroll. Some can even take care of the scheduling while purposefully matching clients to caregivers.
#3 Improving overall agency efficiency.
The overall efficiency for agencies who use EMR software compared to those who use paper charts show many benefits. First off, EMR technology allows health care providers to use formats not possible with paper charts.
The ability to use graphs allow your team to more easily view long-term changes in weight, cholesterol levels, blood pressure, and more. Plus, EMR systems can provide advanced treatment goals and alerts to remind your team when certain prevention and screening measures are either due or out of date.
The ability to communicate effectively and stay organized with EMR software plays a large role in the overall efficiency an agency has and the quality of care they provide.
#4 Eliminating the costs of company-owned devices.
Did you know there is now an EMR system available that allows your team to download the system right onto their own smartphone or tablet? Cubhub was the first EMR to pioneer this approach.
With this system, you no longer have to worry about paying for, and maintaining, company-owned devices. This not only saves countless dollars on devices and data plans, but with the ability to use their own smartphone, your team will spend minimal time training new employees.
#5 Making for a happier team.
It’s hard to argue with the fact that teams who deal with less stress are happier.
The right EMR software will help create an organized work environment with successful and efficient communication. And most would agree, communication is key to a productive work environment. When everyone is on the same page, each member of the team is aware of what others are doing and this prevents redundancy while increasing efficiency.
Not to mention, when you have a happy team, you have less turnover and spend less time training new employees.
How’s that for a win-win?
Is your EMR Saving or Costing Your Business Money?
By now, we’ve probably got you thinking and even questioning your current EMR system, assuming you have one at all. Is it up to the job of catching errors and making your team more efficient?
The sad reality is that most aren’t.
If you’re ready to improve the quality of patient care while maximizing profitability and saving money, then it’s time to take a look at Cubhub. Cubhub offers provider support, tools, and resources to home health care agencies so they can successfully administer the best care possible for patients.
If you’d like to learn more, take a moment to schedule a free demo to see how Cubhub can help save your agency money. And potentially, lots of it.