While patient visits remain the main source of income for most medical practices, specialties such as dentistry, dermatology, and family medicine have access to an alternate revenue stream in the form of selling health-related products. Most practices that engage in this business will already have mastered in-office promotion, though online marketing remains a challenge. Leveraging Read more…
Archives for July 2022
4 Healthcare Challenges to Prepare For in 2022
The world has been changed greatly by the COVID-19 pandemic. The world was shut down, or came close to it, at various points during the last few years, leaving healthcare professionals floundering for the best way to help their patients. Some of the changes that have occurred have made the life of a healthcare employer Read more…
How to Create a Cancelation Policy for your Medical Practice
Any appointment-based medical practice must have a robust cancelation policy. One of the worst things that can happen to these practices is no-shows and appointment cancelations, losing both time and money. A cancelation can policy keeps patients accountable for this loss. However, this must be handled with great care, as it runs the risk of Read more…
7 Tips for Avoiding Medical Necessity Denials
Claim denials in medical practice are inevitable. You can take as many precautions as possible and add as many steps to the process to ensure claims are submitted cleanly, but denials are unavoidable. The aim, then, should be to keep the percentage of claims that are denied low, though this takes time and money to Read more…
3 Tips for Converting Website Visitors into Patients
A well-designed practice website is an important part of leaving a good first impression. The more important aspect of a practice website, however, is converting visitors into actual patients. The objective of a website, as with all digital marketing efforts of the practice, is to drive growth by converting visitors into customers. Should potential patients Read more…
Enhancing Physician Efficiency with MAs
Physicians are busier than ever. With packed schedules, more patients than ever before, and increasingly stringent requirements for reporting, documentation, and billing, they are left with little to no time for anything other than work. However, having trained medical assistants (MAs) in your practice save physicians a lot of time, up to three hours a Read more…
8 Things to Know About CMS’ Final Rule
Having been finalized two years ago CMS’ Price Transparency final rule came into effect July 1, 2022. Payers nationwide are now required to publish the costs of almost all healthcare services that they have negotiated with providers. The delay in implementation was to allow payers time to prepare, with CMS recognizing that it would take Read more…
Enhancing Patient Engagement Through Personalized Care
According to CDC statistics, 6 in 10 US adults have a chronic condition, with 4 in 10 having two or more. These conditions are the leading drivers behind the nation’s $3.8 trillion annual health costs. These conditions include heart disease, cancer and diabetes, and even less dangerous problems which are caused by factors such as Read more…
How Robotic Process Automation Can Reduce the Burden on Providers
Provider burnout has rightly been recognized as a very serious issue holding healthcare systems back from operating at their full potential. Burnout affects not only physicians, but every staff member across the healthcare continuum; from management to accounting to billing, burnout does not discriminate and can hit anyone, at any time. The core issue behind Read more…