Technological advancements in Medicine have facilitated multiple services and surgical procedures, traditionally performed as an inpatient, in migrating to an outpatient setting. This transition coupled with the shift in reimbursement from fee-for-service to value-based models necessitate extensive documentation of patient encounters in outpatient settings for coding and reporting. Technology-driven solutions such as RevCDI-led coding from Reventics significantly lower the administrative burden of meticulous re-documentation the EHR requires for outpatient coding while promoting compliance and improving revenue.
Implementing RevCDI-led Coding Solution:
With footfalls to outpatient practices increasing by 14% in the past decade and urgent care practice market set to grow 23% exceeding $26B by 2024, outpatient practices are invaluable places to implement a CDI solution. RevCDI uses a clinically focused and analytics-led approach to identify clinical documentation improvement opportunities at the chart level and non-intrusively provide specific feedback to physicians both prospectively and retrospectively improving Critical Care, HCC, and MDM documentation, leading to increased compliant revenues.