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Is Obamacare Good for Billing business?

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tallmanusa:
In a democracy, the majority, even by 1% decides the issue, the issue has been decided. It is over.
Good that you have been using EHR for 6.5 years; I believe only 20% of the providers use EHR currently.
Technology will do mundane things, like duplicating the information from a Super bill; but it would never eliminate the need for humans.
Banks are a business that uses technology extensively but still uses people and lots of them.
My pitch is to the doctors who are using considerable sums ( 8 - 10 % by many estimates, in house billing); we will do for 5%, everything including the cost of software. And yes, no super bill.
Actually the coding is simple in EHR, the provider should do it. Most billers don't do any coding.

rdmoore2003:
I do not agree.  I have seen with my own eyes.   

Michele:
It is hard to talk about Obamacare without getting into Political discussions.  Personally, I do not believe that we can even anticipate how this will play out.  JMO, I hate the way laws are passed these days.  It's never just one law.  Obamacare is so much more than strictly healthcare.  There is so much other cr@# in there it's just not even funny.  It's so ridiculously long and complicated that the average person cannot read it and understand it.  I understand the intentions, etc, but I do not believe they accomplished what really was needed.  I don't voice my opinion often because I don't have a better solution or any suggestions.  I don't believe in just whining and complaining without offering something.  But I am honestly afraid of the ramifications of this bill if it stands as it....both professionally and personally.

PMRNC:

--- Quote ---I don't have any political affiliations, only business interests. For our business I think this is very good.
As the Speaker of the House said " Obamacare is the law of the land ", that is the way it is, people have already spoken. It is water under the bridge. Learn to live with it.
--- End quote ---

Ahh.. you would think right.. but I think when he said that he forgot again what country he was in.. The states can hold up implementation with their re appeals. There is also nullification. I kind of scratched my head when he said that and remembered.. Oh that's right, he was only a lawyer on paper for a short time. Seems he forget the way the legal system works.   There's I think (DON'T quote me on the exact number) 12 states with re appeals filed either before or after the election. Several states have also threatened non implementation. Sure the feds will try to.. but they won't be able to until all legal avenue's have been explored. So Buckle up, it's going to be a LOOOOONG ride.

I also think that if you are a billing company ONLY doing billing/PM, then yes, you MIGHT see a decline in obtaining new clients. That was one of the big reasons a few years ago I decided to diversify, I don't use just ONE PM solution, I use whatever one the provider wants to use, I provide consulting which pays much better than billing, I do credentialing and DE-credentialing and also fee-schedule negotiations and contract reviews.  So now actually billing is only about 25% of my business. 

I also have a prediction... They will postpone EMR implementation. Right now there are too many published reports on cyber-terrorism to warrant a postponement.  I think the East Coast (NY/NJ) area is already seeing it. There were several hospitals in NY/NJ that came to a standstill from Hurricane Sandy, There was NO access to the patient records.. It was a nightmare and actually still is out there.   If you research you will already see that the Middle East has allready hit us with cyber attacks.  Also patients still maintain the final say on their health records. Physicians will need to disclose those things to patients and patients can exercise their opt-out.  Interestingly enough physicians and Office managers need to be trained on how to deal with those privacy concerns of patients, my own family physician argued with me telling me I had no choice, but my attorney presented evidence to the contrary, his office will need to know how to deal with those issues. 

tallmanusa:
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

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