A typical Medical Practice can easily lose 7%-10% of its revenue to denied claims that could successfully be amended and resubmitted. Add to that the difficulty, at times the impossibility, of collecting directly from patients, and you’d be able to comprehend the extent of revenue you are losing despite enhanced workload. Patient collections might be Read more…
Archives for August 2014
Overwhelmed with patients? Ways to run a more efficient practice
The best doctor is the one you run to and can’t find The healthcare industry has gone through an enormous transformation in this decade, and the metamorphosis shows no signs of slowing down. However, with an ever increasing number of Americans acquiring health insurance, along with the retirement of the highly productive baby boomers, a Read more…
Data Encryption: A Must for All Medical Practices
Would you ever buy an SUV without locks? Or leave the keys in the ignition while you are grocery shopping? Would you be happy to deposit your hard-earned money in a bank, with no security protocol, so that anybody can walk in and get away with all the money stored inside? The likely answer to Read more…
3 Reasons to love Electronic Health Records (EHRs)
The considerable scientific advancements in the practice of medicine, along with the ever-increasing use of technology, have markedly changed the healthcare industry. A medical practice today no longer functions as it did in the past. Physicians are relying more and more on technology rather than paper charts, to assist them with better patient care. EHRs Read more…