How Shiloh Medical Practice Improved Patient and Provider Experience, Decreased Administrative Tasks, and Improved Cash Flow.
Who
Shiloh Family Medicine is a medical group practice located in Alexandria, VA that specializes in Family Medicine.
Summary
By implementing an intelligent, all-in-one EHR and Revenue Cycle Management solution Shiloh Family Medicine was able to improve specialty-specific data entry and quality control, streamline workflow, reduce administrative time, and improve the medical billing process.
Solution
OmniMD customized a solution and implementation roadmap to help the practice make a seamless transition to new workflow processes and platform. The technology platform throughout the practice was upgraded to an end-to-end EHR and RCM platform that enabled comprehensive functionality for patient scheduling, intuitive patient charting, a patient portal, specialty specific customization, eligibility and benefits verification, quality reporting, claims scrubbing and submission, and a dashboard view of all clinical, operational, and financial aspects of the family practice group.
Results
The overall workflow of the practice improved, reducing time spent on administrative tasks while enabling more time for patient care. Patient scheduling was simplified for both the practice staff and patients due to an integrated scheduling calendar that patients could access online. Cash flow improved dramatically thanks to the intelligent integration of data between the EHR to the medical billing platform.
Some of the Measurable RCM Results Include:
Metrics | 2015 | 2019 |
Gross Collection Ratio (GCR) | 30% | 44% |
Net Collection Ratio (NRR) | 90% | 97% |
Denial Rate | 21% | 4% |
Aging (90 days) | N/A | 0% |
Payment Velocity | N/A | 22 Days |
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