Practices that employ a “one size fits all’ model, where same level of care is provided to every patient, risk being clinically ineffective and unprofitable because of needless resource-intensive workflows. To maximize efficiency and profit margins, healthcare practices must analyze their patient pool and customize care management accordingly. Risk Stratification allows to correctly evaluate and Read more…
Archives for October 2021
4 Things to Consider When Introducing Telehealth
Digital technology has upended what it traditionally meant to carry out practice activities, primarily, by transcending the need for physicians and patients to be geographically proximal. With the onset of a global pandemic and, as a result, extensive lockdowns, many practices have shifted their operational modality to virtual means that mimic in-person visits. A successful Read more…
4 Steps for Improving RCM Efficiency
Revenue cycle management (RCM) is an important process for running a thriving practice. The financial, and ultimately administrative, the success of any practice is a function of how well designed and efficiently enacted its RCM system is. Fortifying the financial front is crucial for a number of obvious reasons, like designing and employing marketing strategies Read more…