Are economic conditions encouraging hospitals to take a closer look at procedure coding, documentation, and physician efficiency?
The economic climate is making everyone look at everything. Hospitals are looking at ways to enhance revenue, streamline workflow, and become more efficient. ProVation fits in with that in several ways. We consider our ROI to be more than just improving efficiency and workflow. We actually show specific revenue increases. ProVation can help increase patient throughput, particularly if used in combination with our MultiCaregiver product, which is for peri-procedure nursing and ancillary staff documentation. You can see more patients with the same staff levels because you are not entering the same information into multiple places. ProVation helps increase patient throughput, streamline workflow, and do the same or more with less staff. And, it directly improves revenue. Is the company well positioned to support its customers on pay-for-performance and PQRI initiatives with the Q1 data reporting system? Our content is granular and embedded. It allows physicians to click on menu items and
Related Questions
- Are economic conditions encouraging hospitals to take a closer look at procedure coding, documentation, and physician efficiency?
- What type of documentation will OSHA look for if an employer uses the alternate procedure of paragraph (c)(5)?
- What is a Coding, Billing, and Revenue Analysis for coding companies, hospitals and physician groups?
