Health Care Industry
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Technology provides amazing tools in different industries in many different cities, like Houston IT consulting or New York blogging, and skincare is no exception. Innovative devices used in clinical offices are now available for at- home use. Science has empowered consumers to try their hand at their own skin care health and be proactive when it comes to defying age and other challenges.
A couple of these superior at-home devices include micro-technology and Led Light and Infrared therapies. Both systems have caused a splash in the media, including popular magazines.
It’s important to note that both systems are adjunct therapy with a current skin routine. And in doing so, they bring the art of skin care to a whole new level.
The sterling power behind micro-current technology is how it invigorates muscles underneath the skin. It renews premature and mature aging skin through facial toning and stimulation.
And this is what makes the device a top product and a beauty armor device.
As always, it’s important to find a device that is FDA approved.
With the right system, in less than five minutes a day, this pain-free tool will sculpt the skin with immediate results.
Users of micro-current technology have noticed facial improvements such as:
Look for systems that offer a conductive gel and optimizing mist to boost those results, too.
Industry professionals are calling this micro-current technology as a personal facial trainer for the face.
LED and INFRARED LIGHT THERAPY
Another state of the art at-home skin care tool is LED and infrared light therapy. This system has jumped from clinical office to homes. Just like the micro-current technology, do look for an FDA approved system.
LED and infrared light therapy improves signs of aging and also treats acne.
For anti-aging, a good quality system has clinical results. An excellent system will help lessen wrinkles and other skin care challenges such as:
And when it comes to treating acne, LED light therapy is a great addition to an acne treatment regimen. This at home therapy is gentle enough for daily treatment. The goal of this light therapy system is getting rid of acne while preventing future ones from occurring.
With scientific studies, the researchers and developers showed that Functional Keratin actually stimulates the production of new skin cells. They have determined that this is due to a natural mineral content that when bound with the protein regenerates body tissues.
It might sound like science fiction at first, but you just have to understand how the body works. From the day we are born, our cells are constantly damaging and need constant repair. Most of the reparations go on while we are sleeping. It is only as we get older that we “see” that the process is slowing down. It’s still working, but not quite as well as it used to.
Many companies release products quickly, without doing complete trials and studies. Since, anti aging skin care products are cosmetics, not drugs or dietary supplements, the concern over long term health effects is lower. So, they rush to production without doing the research.
The best type of LED light therapy is a blend of red, blue, and infrared wavelengths.
Those with acne who have used LED light therapy as part of their treatment have noticed a handful of the following benefits:
Revolutionary technology in the world of skin care is accessible to everyone so they can have younger and healthier looking skin.
The health care industry faces many administrative and compliance challenges just like the used cars Richmond BC market currently; from collecting and posting patient payments, to understanding and adhering to medical records privacy rules. Fortunately, with today’s technology, standardized electronic transmission of data is available. Electronically transferring patient and payment information provides simple solutions to the health care industry’s administrative and privacy rule burdens.
In the past, the health care industry relied on Standard Paper Remittance (SPR) to receive patients’ medical information. Today, health care facilities have the advantage of receiving Electronic Remittance Advice files from the insurance companies. In some cases, the providers’ electronic records management systems have the capability to receive this information via 835 remittance files. One 835 remittance file per day is sent that combines payment from the insurance or health plan and payment from the patient. The 835 remittance files are created in a format common to all insurance companies.
If the average person were to view the electronic 835 remittance file, the information would appear in a format that is nearly impossible to decipher. It would take an expert many hours to sort through the data. For this reason, electronic records management systems receive the 835 remittance files and create individual patient Explanation of Benefits (EOB) documents. The information is presented in a logical, clear manner. Another benefit of this process is that data is extracted from the 835 remittance files and formatted into standard medical reports. Some possible reports include adjusted claims reports, denied claims reports, deductible claims reports, and provider payment summary reports. Records management systems may be configured to index and store the remittance files, patient EOB documents, and medical reports.
The protection of health care information is of constant concern. The introduction of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) requires that health claims and payment information is received and stored electronically. Electronic transactions ensure the privacy of patient and payment information. Health care facilities cannot afford to pay the high penalties for noncompliance of HIPAA.
The benefits of receiving remittance files electronically are:
Getting an NPI is free – Not Having One Can Be Costly: If you delay applying for your NPI, you risk your cash flow.
-Enumerate: Enumeration is mandatory for both individual providers and organizations and subparts. When applying for your NPI, CMS urges you to include your legacy identifiers, not only for Medicare but for all payors. If reporting a Medicaid number, include the associated State name. This information is critical for payors in the development of crosswalks to aid in the transition to the NPI.
-Update: Make sure to upgrade your software, HIPAA Transactions, CMS1500, UB04, and/or Dental claim form changes.
-Communicate: Notify your payers once you have obtained your NPI number. As outlined in the Federal Regulation (The Health Insurance Portability and Accountability Act of 1996 (HIPAA)) you must also share your NPI with other providers, health plans, clearinghouses, and any entity that may need it for billing purposes — including designation of ordering or referring physician.
-Collaborate: Check the readiness of your payment partners (such as health plans, TPAs, clearinghouses, etc…)? Not all payers are ready to accept the NPI number at this time. Use both your existing (legacy) number and the NPI number when submitting electronic claims.
-Test: Test transactions well before the deadline. Make sure to test HIPAA Transactions, e.g., 837 Claims, 835 Remittance Advice, and, if you submit paper claims, verify that the data is printed in the correct fields. The new HCFA form has new fields for identifier numbers on lines 17b, 32a and 33a.
-Educate: Focus on staff working on insurance verification of eligibility and claim denial or underpayment follow up.
-Implement: Once you obtain your NPI, it might take about 120 days to do the remaining work to use it. This includes working on your internal billing systems, coordinating with billing services, vendors, and clearinghouses, testing with payers.
These benefits are all possible through the use of an electronic records management system with remittance advice processing. In today’s health care environment, electronically receiving and storing information is becoming more of a necessity and less of an amenity.
Would you like to be sure your health care facility is complying with HIPAA regulations? Do you wish for an automated way of receiving and formatting remittance to free up your time? Investigate solutions to these and other document filing and storage problems by investing in an electronic records management system with remittance advice processing capabilities.
Medical tourism is the practice of travelling to different countries to get quality and affordable healthcare services without the use of buying a new car from a Lexus dealership to get there in the first place. It is also referred to as global healthcare, health tourism, and medical travel. The term ‘medical tourism’ was created by the media and travel agencies to popularize this form of practice. Today, medical tourism has grown to become an official industry in more than 50 countries.
Why is Medical Tourism Popular?
So, what exactly are the benefits of medical tourism and why do people travel abroad for simple and complex medical procedures? The main factor that encourages medical travel is undoubtedly the high cost of medical care in developed countries like the United States. Most medical travel destinations offer surgeries at almost one-third the costs of developed countries. This translates into bigger savings for a person who has to undergo a complex medical procedure like a liver transplant or even for a cosmetic surgery procedure.
People who have access to an insurance cover may have some respite, but the scenario is hopeless for the poor, uninsured and the under insured. The rising costs of technology and high administrative costs have escalated the overall medical expenses to such an extent that it has become too expensive for the people at large. On the other hand, the availability of similar medical facilities at fair rates in some of the offshore countries has made them a promising medical destination for the US citizens. This has led to the emergence of a phenomenon called medical tourism.
The recent years has seen an upsurge in the number of US citizens opting for medical treatment at offshore locations such as India, Singapore, Bangkok and Thailand. Most medical procedures in these countries are conducted at one-tenth of the cost of a similar procedure at the United States. The low cost of medical facilities in these countries may raise a few eyebrows regarding the quality of the medical services being offered. These countries offer world-class medical facilities that are at par with the best. Some of the doctors administering the patients have even been trained in US. The success rate and medical achievements has also been a major draw among the medical tourists. In the year 2005, around 3,74,000 medical tourists opted for a treatment at Singapore; a Bangkok hospital admitted over 1,50,000 foreign patients and approximately 1,00,000 tourists chose India as their medical destination.
However, among the various medical tourism destinations, India is on it’s way to becoming the most preferred destination among the medical tourists. The Indian healthcare industry with employee strength of over four million is among the largest service sectors in the economy. The government and the private hospitals are working together towards the objective of making India the leader in this sector. Well-trained and experienced doctors, state of art medical facilities and personalized care have helped India to register the fastest growth rate in this Industry. The number of patients seeking treatment in India has gone up from 10,000 in the year 2000 to 100,000 in the year 2005. If the estimates are to be believed, the medical tourism industry in India has the potential to be a 2 billion dollar industry by the year 2012.
Medical tourism is the best alternative for people belonging to countries such as the United States, where the entire healthcare system is unfair both in terms of cost and accessibility. The situation has become so precarious that it seems beyond repair. However, on the other side of the Pacific, the Asian countries have succeeded in offering a combination of world-class medical services, good care and prompt attention that has made them an instant favorite among patients throughout the world.
The health care industry in the United States is exceptional because in spite of so much competition, adding up the wins and losses will get you nothing, which is strange because competition commonly increases value via lesser costs & higher quality as is the case in the used cars Langley market. The insurers have centered on lessening & transferring costs, maximizing their bargaining power & limiting services, as if it was a commodity. They have given broad services without differentiation, basing the competition on handiness & reputation in their market of locality.
Competition is supposed to provide the highest value for patients resulting in further innovation. This will not make insurers look like gods but will focus on practice areas that will cater to particular maladies & conditions with superior quality, less expensive services. Health plans will do away with their restrictions permitting members to select from the marketplace the insurers that present the most excellent value for their condition. It will also help clients decide by counseling them, and giving information that gauge the value being given by insurance providers.
But, sad to say, competition in the US is not like this but the other way around. Yet competition that is based on value is not a theory and, in fact, is occurring. Some insurers are starting to provide unusual services, even building the facilities & groups to supply them. They are also amassing the data to evaluate their performance and make their services better.
Competition is thought of as an amazingly potent force in compelling improvement in quality & lowering of costs. And this has been true in other countries or even the here but in other industries. The United States generates more competition compared to other health care systems the world over yet the paradox is the costs are steep & increasing without provisions of superior quality.
No one disputes that health care spending in the U.S. has been rising dramatically. According to the Centers for Medicare and Medicaid Services (CMS), health care spending is projected to reach $8,160 per person per year by the end of 2009 compared to the $356 per person per year it was in 1970. This increase occurred roughly 2.4% faster than the increase in GDP over the same period. Though GDP varies from year-to-year and is therefore an imperfect way to assess a rise in health care costs in comparison to other expenditures from one year to the next, we can still conclude from this data that over the last 40 years the percentage of our national income (personal, business, and governmental) we’ve spent on health care has been rising.
Despite what most assume, this may or may not be bad. It all depends on two things: the reasons why spending on health care has been increasing relative to our GDP and how much value we’ve been getting for each dollar we spend.
The competition that has been happening is not the right kind. The insurance providers are treating health care as a commodity. They have concentrated in lowering the costs and developing their competitive edge with the achievements of one happening at the expense of others. The focus is on transferring the costs to competitors, captivating clients, growth in size in order to raise bargaining power, limiting options & services, and lastly resorting to legal action.
The consequence of all these is big health plans without differentiations and insurance system that stresses range & size. Efforts to change have been futile, as they didn’t deal with the root of the problem. Focusing particularly on conditions will follow in having a more dedicated team, building up facilities which permit for enhanced effectiveness of specialized care.