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The healthcare reform law passed in 2010 dominated political and national debate in the United States for over a year. This article looks at how the Patient Protection and Affordable Care Act might affect the locum tenens physician staffing industry. If the law goes into full effect, as planned, in 2014, the article concludes that there will be more professional opportunities in rural health areas for locum tenens medical professionals. Related Article Tags: , , ,
The Minimum Loss Ratio (MLR) mandate contained within the Patient Protection and Affordable Care Act of 2010 (PPACA) has created a myriad of compliance requirements for health plans. The most complex and potentially costly of these will be issuing rebates to members when a plan's MLR falls below the minimum threshold. Many carriers do not have the infrastructure in place to accommodate the rebate mandate. Related Article Tags: , , ,
See yourself as a care giver if you wish to enter the healthcare sector. Here are we discussing few things about Healthcare Career and what are the employment opportunities are there. How much employment is the healthcare sector creating and how is it likely to shape up as a job provider? Related Article Tags: , , ,
The healthcare industry is growing, making it an exciting time for physicians to look for a new career. This article explains why a locum tenens staffing agency should be the first place medical professionals look as they start a job search. One of the reasons listed includes the fact that agency job boards are available online 24/7 and can give medical professionals, no matter their experience, a good idea of what opportunities are available to them. Related Article Tags: , , , ,
The importance of healthcare IT companies have grown manifold after the new healthcare Act emphasized on the importance of technology in healthcare and made mandatory the use of certain software and technology in the health sector. However healthcare IT is a relatively new industry and most companies are start-ups. The Affordable Care Act may have given the industry but the success of a healthcare IT company will depend on a lot of other factors. Related Article Tags: , , , ,
The advent of healthcare IT in the health industry has ensured that prior health technologies such as paper records are outdated. The health reforms have added to the importance of healthcare software. Technology in the healthcare sector has contributed immensely in providing accurate, reliable and timely service. Electronic Medical Records (EMR) and Electronic Health Records (EHR) are basic health softwares that help in doing away with the disadvantages that paper records had. Related Article Tags: , , , ,
Electronic Health Record or EHR as they are more popularly known have emerged as the most needed and the most basic healthcare software. EHR have proved to be the backbone of the health insurance exchange and health information exchange. The medical information stored in the EHR is sourced by the exchange platforms to give more information about insurance and health plans. Though storing of information in electronic form is always a good idea, it has its side effects too. Here is a look at some of the benefits and disadvantages of adopting Electronic Health Records. Related Article Tags: , , , ,
Health insurance Exchange is one of the major aspects of The Patient Protection and the Affordable Care Act. These Exchanges are however not just an online platform for insurance plan transactions nor a mere listing of the health insurance companies operating in the state. These Exchanges are governed by certain guidelines, need to mandatorily perform certain functions and must have certain features that will be common across the States. Related Article Tags: , ,
The Patient Protection and Affordable Care Act encourages the optimum use of technology in providing healthcare to the residents. A well maintained database of health records is the first step in integrating technology in the healthcare and health insurance sector. Electronic Medical Record (EMR) is a healthcare software that precisely addresses this problem of storing the medical information of every individual. An EMR, as defined by the National Alliance for Health Information Technology (NAHIT), is an electronic record of health-related information on an individual that is created, gathered, managed, and consulted by licensed clinicians and staff from a single organization who are involved in the individual's health and care. Related Article Tags: , , , ,
The Patient Protection and Affordable Care Act will soon make it mandatory for all states to have a state-based health insurance Exchange. These Exchanges will be federally funded and will serve as a regulated shopping arena where health insurance plans are bought and sold. The health insurance though governed by the state authorities will be funded by federal dollars. Hence, all states Exchanges have to follow a few guidelines that are mandated by the federal government. Some of these requirements are... Related Article Tags: , , , ,
The Patient Protection and Affordable Care Act mandates for the formation of a state based health insurance Exchange. These Exchanges will serve as a regulated insurance marketplace where all the transactions and health plans will be in accordance to the federal healthcare reforms. Initially the Exchange will only be open to individuals and small firms where they can compare, choose and purchase medical coverage at competitive rates. States that refuse to have an Exchange will have access to a multi-state Exchange which will be run by the Department of Health and Human Services (HHS) and will be funded by federal dollars. Related Article Tags: , ,
The current economy has forced healthcare organizations across the country to search for ways to save money. As a result, many organizations are investigating the annual cost of maintaining their healthcare equipment inventory. In the past, it was common practice for healthcare organizations to purchase Original Equipment Manufacturer (OEM) service agreements for all their healthcare systems from patient monitoring to sophisticated diagnostic imaging systems. However, OEM service agreements are often quite expensive, service options are limited, and reports on financial cost benefit analysis, vendor issues, or equipment performance are rarely provided. Related Article Tags: , , , , ,
The importance of healthcare software has increased manifold after the Patient Protection and Affordable Care Act has come into enforcement. Different healthcare softwares are being developed day after day to facilitate the changes that the healthcare reforms will usher in. The healthcare insurance softwares available currently are quite flexible and can be customized to meet the needs of health insurance companies and insurance carriers and other Third Party Administrators. Related Article Tags: , , , ,
ICD 10 or the International Statistical Classification of Diseases and Related Health Problems is a way to code diseases, signs, symptoms, findings, causes of injury and diseases, as classified by the World Health Organization (WHO). The greatly expanded ICD 10 will replace the ICD 9, which contains only 17000 codes and is considered outdated because of its limited ability to accommodate new procedures and diagnoses. However, the reason why ICD 10 is in news is the new Affordable Care Act that will make it pertinent for technology companies to integrate the ICD 10 coding into the Exchange portal. Related Article Tags: , , , ,
Wording a law can prove to be even trickier than formulating one. If the lawmakers are not careful about each and every word being written and leave room for interpretations, then they could find themselves in the same soup that the federal government has landed itself in. Related Article Tags: , ,
It is anticipated that the state health insurance Exchanges will forever change the way Americans look at their health policies. But to say that the Exchanges have everything right going for them would be far-fetched statement. The Exchanges are sure to bring about a drastic change in the world of health insurance, but the government might end up facing a few hurdles before it effectively implements these state based online insurance marketplaces. Related Article Tags: , , , ,
These days it is not very difficult to start your own business if you have adequate funding and proper business sense. But then again, running your own organization is anything but easy. Before you venture into this field, just make sure that you posses adequate knowledge about each aspect of the business. Related Article Tags: , , , , , , ,
The health plan is decided. The premium is sorted out. And then pops the big question… what about the insurance carrier? There are hundreds of them, seem all the same and offer confusingly similar plans. You do a background research on each of these companies and they all have almost similar achievements to boast of. And you are left with a endless list of insurance carriers to make your choice from. Related Article Tags: , ,
It is understandable when people get sceptical about insurance carriers. After all, they are these companies are entrusted with only a person's wealth but his health as well. And after all the bad press doing the rounds about denying claims, not providing adequate coverage and the likes, questions about health insurance carriers are bound to be asked. Related Article Tags: , , ,
Health insurance companies are often depicted as demons, gobbling up the hard earned money of innocent residents, cheating them with scams and fraud schemes and always finding an excuse not to pay for the medical expenses of beneficiaries. However, the truth is far from what is perceived. Related Article Tags: , ,
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