A Medical Practice is a unique business in many ways, but it is still a business and must be treated as such. Checking the health of your practice is similar to checking the health of your patients. In this three part series, we will look at these Vital Signs, pulse, blood pressure and temperature, to help you assess the financial …

ASTRO 2012 – October 28th – 30th – Boston Convention & Exhibition Center

Medical Business Systems will be exhibiting at ASTRO again this year! Please stop by Booth 6011 to learn more about our medical billing software, Iridium Suite. Let us show you how to work smarter, not harder with Iridium Suite. Iridium Suite is the most advanced billing software on the market with the highest degree of automation available. To learn more about Iridium …

HIPAA Medical Billing – 5010 and ICD-10

The Health Insurance Portability and Accountability Act (HIPAA) establishes national standards for electronic health care transactions. HIPAA was enacted to establish standards for moving away from paper medical records and transactions to electronic medical transactions. The Act also places an increased emphasis on the security and privacy of health data. HIPAA was enacted by the U.S. Congress and signed into …

ICD-10 Compliance and Medical Billing

ICD-10 is the acronym for the International Statistical Classification of Diseases and Related Health Problems, 10th Revision. As of October 1, 2014, ICD-10 is scheduled to replace the current ICD-9 codes, and ICD-9 codes will no longer be accepted. All HIPAA covered entities must make the change. HIPAA covered entities include: health care providers that are required to send or …

5010 – The New Health Care Electronic Transactions Standard

What is 5010? 5010 is an abbreviated way to reference Version 005010 of the Accredited Standards Committee (ASC) X12 Technical Reports Type 3 (TR3s). 5010 will replace the current health care transaction standards, Versions 4010/4010A1. Why is there a need for new standards? The current 4010 standards are limited in their ability to transmit certain data elements that are required …

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Revenue Cycle Management: Accomplished.

START BILLING BETTER WITH SHAVARA

Revenue Cycle Management: Accomplished.

START BILLING BETTER WITH SHAVARA

by Shavara

Shavara has the accumulated 'experience capital', the market know-how, the intricacies of coding, billing and connectivity that we have 'learned'. It is the basis of the work we do in Catalysis - Shavara's Professional Services Engagements.

ThinkCatalysis
Revenue Cycle Management: solved.

What is Catalysis?

To "catalyze" is to rapidly advance by applying powerful tools and industry expertise. Catalysis becomes the process to gain access to the power, apply it to solve gaps and vulnerabilities - then rapidly advance. Shavara possesses the tools to apply Catalysis via collaborative engagements. Our infinite targets are the enterprise organizations: Hospitals, clearinghouse processors, Insurance companies (payers), and large physician practices, peppered throughout the Healthcare system that all share equally the challenges, pitfalls, inefficiencies, ineffectiveness, and the deliberate speed-bumps placed there by bureaucrats to slow down the revenue cycle.

What are the costs of these speed-bumps to the Healthcare system? The costs are in the billions.

Inefficiencies / ineffectiveness / inaccuracies in coding and billing mean:

a higher cost of money due to extended A/Rs
a higher cost of operating due to the number of additional staff required to research and chase down A/Rs
a decline in the quality and calibre of care - care outcomes due to the necessity of placing so much cost on the administrative and operational side of the equation

Therefore, solving this eliminates and holds the potential to improve organizational effectiveness, reduce the cost of healthcare and improve healthcare outcomes.

So, who is Shavara? What is that old lamp on the corner of the desk?

That lamp holds wisdom. The cumulative potential of that wisdom holds the potential to dramatically impact operational effectiveness and improve healthcare outcomes.

For Information on Catalysis contact Shavara's Services Division

10 keys to healthy aging

Choosing the best medical billing software

Ovarian Cancer Awareness

Check the Vital Signs of Your Medical Practice-Part 3

ASTRO 2012 – October 28th – 30th – Boston Convention & Exhibition Center

HIPAA Medical Billing – 5010 and ICD-10

ICD-10 Compliance and Medical Billing

5010 – The New Health Care Electronic Transactions Standard

Revenue Cycle Management: Accomplished.

Revenue Cycle Management: Accomplished.