The Importance of CDI for Healthcare Businesses
Your healthcare business’ primary goal is to give patients the care they need and deserve. From clinic visits to claim submissions, you as a provider must ensure patients that each step of the healthcare process must be painless and quick.
So this is where Clinic Documentation Integrity comes in. In our previous posting about CDI, we talked about how it improves practices because CDI makes documents more concise and easier to code. Having a healthcare solutions provider that’ll help you build a team of CDI specialists gives you an upper hand in improving revenue, cutting costs, and maintaining great relationships with patients and other providers.
What are the other reasons why CDI is important for your healthcare business? Here are a few more details to know:
CDI Specialists Fill The Gaps
CDI specialists act as middlemen between doctors and healthcare providers. Through their knowledge of Electronic Health software (EHR software), they may do away with face-to-face meetings. This way, doctors can spend more time on patient care rather than on documentation. They can leave it to the specialists to work on inconsistencies.
Accurate Representation of Clinical Status
Because errors in medical coding are a huge problem for many healthcare providers, so CDI serves to create an accurate representation of a patient’s status. Correct CDI programs turns into coded data. This data is needed in top-quality reporting, reimbursement claims, public health information, and disease tracking. Thus, careful and complete documentation reflects how a healthcare provider cares for its patients.
CDI Positively Affects the Bottom Line
Nearly 90% of hospitals with more than 150 beds had increased revenues by $1.5 million in 2016 after implementing CDI programs. Additionally, financial officers in the healthcare industry have reported that, once applying CDI, they’ve seen case mix index, a metric measuring the relative cost of treating patients covered by Medicare, improve. This meant that healthcare revenue increased through proper CDI programs.
While CDI does enhance your business’ reputation, it’s still a tedious process. Hiring a healthcare solutions partner can help and build your dedicated CDI team. Your team ensures that your business and your patients are being billed correctly. More importantly, the team will help you implement CDI and avoid improper document coding and miscommunication with other providers.
There is a strong case for CDI implementation. Pick the right healthcare solutions partner to improve issues in coding, create quality measures, and provide overall care management of patients.
Infinit-O is the trusted customer-centric and sustainable leader in Business Process Optimization to Small and Medium businesses in the Financial Services, Healthcare and Technology sectors by delivering continuous improvement through technology, data and people.
When you’re ready to grow, think Infinit-O!
Healthcare
Finance and Accounting
Data and Research
Information Technology Outsourcing
Customer Care
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.