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The provisions of the Patient Protection and Affordable Care Act of 2010 are having a business impact on care providers large and small in the US. This impact will only increase as the provisions of the Act are progressively rolled out.

  • Pressure to reduce costs, driven by:
    • Lower reimbursements, particularly within Medicare: Payments cuts mean operations must be more efficient.
    • Tighter compliance: Recovery Audit Contractors (RACs) will make sure providers meticulously document in compliance with regulations, or face penalties.
    • Shift to ICD-10 codes: Challenges arise from new codes to be learned, old ones retired and more detail required in patients’ notes. With these changes, coding error-rates will inevitably show a temporary increase. Knowledge of the new system can reduce the pain and costs of implementation.
  • Mandated MLR (Medical Loss Ratios): These will increase the pressure to make every expense count.
  • Market Expansion: The 19 million new policy-holders expected after full implementation of the Act — many requiring treatment and documentation —will mean more growth and variability in operations and turnover.
  • Electronic Medical Records (EMRs): Providers face expanded requirements to generate Electronic Medical Records (EMRs), requiring updated technology.
  • Unpredictability: The healthcare industry is expected to face unpredictability as all these factors play out in the real world.

How can NDS help providers?
Our services are designed to improve the efficiency and effectiveness of both front-end and back-end revenue cycle activities, thus helping address these issues. Specifically, our offerings cover the following elements of Revenue Cycle Management:

Revenue Cycle
Management
NDS is the perfect partner for outsourced management of your Revenue Cycle Management (RCM) processes, including patient registration, eligibility verification, billing, A/R follow-up and more.
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NDS Delivery
Methodology
To build effective solutions for our customers, we follow a time tested four-step procedure that delivers powerful tools customized to their specific requirements.
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Client Success
NDS has a decade-long record of designing customized solutions to improve business processes, in various industry sectors, using advanced technologies and innovative techniques.
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