General Category > General Questions
Is Obamacare Good for Billing business?
PMRNC:
--- Quote ---President Obama has one characteristic, and history has proven it. He does not compromise, and does not change his views. He has said that he would not change a single word, even a coma or a period, in his health plan. It would be futile not to believe him.
Whatever is in the law would be implemented, including EHR by 2015, those providers who have not converted by then, would be shut out of the system.
Here is a comment about a public medical management company
I quote;
"AthenaHealth is shaping up as a prime beneficiary of recently-passed Affordable Health Care Act, as hospitals and physicians will be pushed to put down the pen and paper, and pick up the computer (or tablet as the case may be)."
Full article can be seen here.
http://seekingalpha.com/article/1003031-as-the-market-tumbles-these-4-stocks-are-beating-estimates?source=yahoo
--- End quote ---
How long have you been doing this? Me, since 1996 (prior to that I worked for insurance companies) Obama can say whatever he wants.. And yes your right, stubborn is ONE word, one might use to describe him.. me, I have other words ...BUT anyway.. again.. the legal system always proves delays. The "RULE of the land" will go through lengthy court processes and possible state nullification.. IT will PROLONG implementation.. Remember that in ANY business the ones who are always guaranteed to work and make money no matter what......................Attorney's. ;0 Law school entrances OVER top medical school by a HUGE number.. we are already seeing a healthcare shortage.. by 2015 we WILL be in a total collapse mostly due to Obamacare. Those of us who've been in business know what happens when they announce a law in advance.. usually 2-4 delay's follow and they don't include the ones that are hung up in the legal system like this one will be. States like Virginia and Florida and MORE will find those legal loopholes, they always do.. at least long enough to "Hang things up"
DMK:
Thank you Linda for stating things so well. The post I started was foaming at the mouth a little ;). Thankfully our systems is full of checks and balances so we don't get TOO many half baked ideas crammed down our throats. The legal system indeed will hold all this up because you can't MANDATE a purchase of a private product.
When Medical care costs more to provide than the income it generates (and it's close, right now!) no one will choose that profession. Tort reform would do more to lower medical costs than anything else they could do.
When they wrote the Affordable Care Act, it sure doesn't seem like they asked the right people for input!
PMRNC:
--- Quote ---When they wrote the Affordable Care Act, it sure doesn't seem like they asked the right people for input!
--- End quote ---
BINGO!!!!!!
They certainly didn't ask health care providers, or company owners!! I have only met ONE provider who thought this was a good thing, he was an ER physician ONLY.. he gets a paycheck no sweat off his back ::) IF there are practices out there in favor of the ACA.. just wait. they won't be. I paid the $240's to have the entire bill printed and I have gone through it. I love being approached by a potential with a question about the ACA :)
QueenAlicia:
Just to add a little I read that with the new CMS fee schedule for 2013 that reimbursements will be lower so how will EHR be helpful for a provider that has to attest that will not receive the incentive? Just something that I have been thinking about here lately.
IF the super bill will become ancient then how as a billing company will the actual receipt of information be received? Will be just be done by reading off of the charts off of the EHR system? So if there is a secondary bill that needs to be sent out or if a claim needs correction that will be done on EHR too? I think that EHR will play a big part in recording patients information but it won't eliminate the need for a super bill.
ruthie72:
HI Alicia
I think that is where my job comes in..I am a billing coordinator at a hospital and I get I review all of the charts for the ER physicians to make sure they are getting all of the information correct on there...(I am still trying to gain my experience to become and acutal biller)...Hope this helps... ;)))
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