MD Logic Physician Customers Report Record Year in Profits

With declining reimbursement being paid to physicians over the past ten years many clinics have struggled to maintain profitability. In order to offset the lower reimbursement, physicians have no choice but to increase the number of patients seen each day in clinic. In order for a physician to see more patients in clinic they must implement technology proven to increase efficiency. The question is how do you see more patients in clinic while at the same time provide the same quality of care?
Thomas J. Bierster, Jr., CEO of MD Logic, Inc. has the opportunity to speak each week to physician customers located around the USA and in over 20 specialties of medicine. Mr. Bierster commented “I make it a point to reach out to our customers throughout the month and ask how we are doing with our latest EHR software and support services. Over the last year the concern for meeting meaningful use and the impact that the affordable care act would have on our customers is always part of my conversations with physician customers. I am happy to report that every physician that I have spoken to about attesting for meaningful use has been paid their meaningful use dollars by the federal government. It is one thing to earn EHR certification but a bigger step to develop the criteria for meeting meaningful use in our software to make the process simple for all our customers in all specialties. At a recent MD Logic EHR User Conference one of the healthcare consultants speaking at the conference asked the group of MD Logic customers to raise their hands if they had successfully attested and been paid for meaningful use. This consultant told the group that he had spoken at many other competitive EHR conferences and that no other conference could compare to high level of success reached by our customers. I would have to guess that 95% of the customers attending the conference raised their hands.”
“Another conversation that comes up often has to do with the upcoming affordable care act and the financial impact it may have on our customers. In speaking with physicians the biggest concern is simply the uncertainty and not knowing what to expect. As a company, MD Logic has been fortunate to attract what I feel are the top doctors in their specialty. Our customers are busy and utilize our technology to control the workflow of their clinic. In order for the affordable care act to be accepted by physicians the plan must accomplish (2) significant objectives:

The affordable care plan must reimburse at the same or higher lever compared to private insurance plans
The affordable care plan must remit payments as quickly or quicker than private insurance plans

“Doctors currently busy in clinic can’t afford to adopt any insurance plan that will not pay at the current industry standard for professional fees or that do not pay claims in a timely manner. Most clinics review their payors each year and drop the bottom 10% of payors that reimburse below the industry standard or that hold payments for extended periods of time. These plans are replaced with new insurance plans in the market. If a doctor or clinic is not that busy then accepting patients that become part of the affordable care plan may be an option.”
“In my conversations with physician customers, I find that the majority of these customers are reporting record profits. These profits are a direct result of using the MD Logic technology to capture the health data of patients in the most efficient way. What doctors need is access to the patients past and current health history in order to make the proper diagnosis. Physicians have told me the MD Logic patient kiosk has made a huge impact on collecting health data for each visit. It allows data to be collected through technology and saves staff time. I have also been told by physicians when the clinic loses a clinical staff support person that in many cases that staff member is not replaced due to the MD Logic technology filling the gap. By working smarter and using MD Logic technology our customers are reporting record profits while many clinics using inferior EHR technology struggle in the market place. I would encourage any clinic that is interested in improving their bottom line to contact MD Logic and see first-hand what our EHR solutions can do for you clinic. ”
MD Logic, the leading U.S. provider of High Performance Electronic Health Records Solutions understands what it takes to automate the workflow of a clinic. We understand that doctors cannot afford to be slowed down in clinic. As the innovator in EHR technology, MD Logic continues to develop innovative time saving solutions that are NOT template driven and actually save time. Implementing an EHR for the first time is a huge step for any clinic. However, implementing an EHR for the second or even third time becomes an even bigger step. If done properly, the clinic should have minimal interruption and the EHR technology should increase productivity, reduce overhead and maximize profitability.
To learn more about MD Logic EHR solutions, please contact our corporate office at 800.273.7750.