Small and independent practices are struggling hard to maintain survival, despite offering better, cost-effective, and personalized care to the patients. Small Independent Practices (SIPs) are always struggling to maintain their survival value. Their concerns range from low reimbursement rates to exclusion from networking. This is mainly why SIPs are disappearing at a startling rate, chiefly Read more…
3 Negligence and Malpractice Traps in Medical Billing
While extreme damages are rare, healthcare malpractice is a serious threat to any practice, one that should be avoided at all costs. Malpractice, fraud, and negligence are all mistakes that can land providers in hot water, legally, and this applies to all facets of being a provider. Billing is an area that is particularly dangerous, Read more…
Strategies to Correctly Evaluate and Reduce Costs Per Patient Acquisition
Cost per Patient Acquisition (CPA) is a strategic metric healthcare organizations use to gauge the total average resources spent to acquire a new patient. It is essentially performed to improve marketing techniques and direct them towards an ROI (return on investment) focused approach to ascertain, and eventually maximize, patient acquisition and retention rates, as well Read more…
Appreciating Support Staff: Why and How?
The U.S. unemployment rate remains at historic lows, declining further during the current pandemic. According to BLS stats, the unemployment rate dropped to 11.2 percent in June 2020. Despite the downward trend in the unemployment rate, employee turnover remains a daunting challenge for employers. According to the 2018 North America Mercer Turnover Survey, an average Read more…
Why Medical Practices Should Embrace the EHR Dashboard
EHR dashboards have evolved as a necessity for the efficient functioning of medical practices. Although they are often overlooked as an essential tool for providers, EHR dashboards offer valuable insights that can benefit the practice in ways more than one. EHR is widely acknowledged for offering an integrated platform for functions beyond digital data storage Read more…
Key Tips for an Exceptional Practice Manager
Efficient management of healthcare facilities has always been a high priority for all healthcare professionals, and rightly so. The recent explosion of telehealth visits, however, has made it a more important aspect of healthcare than ever before. The role of the practice manager, which has always required a high degree of operational knowledge and experience, Read more…
How to Deal with Out of Network Patients
While it may not be something that happens all the time, it is still prudent for practices to be prepared for situations where they encounter an out-of-network patient. Preferably intake procedures will identify these issues early enough for them to not be a problem, but mistakes happen and some of these patients will always sneak Read more…
3 Benefits of Social Media for Healthcare Practices
Social media is the primary form of communication for most of us. Whether it be simply checking out the latest updates from friends, or making actual business connections. This is why logging on to social media has become a daily ritual. It is considered a reliable source of information for most people- they often go Read more…
4 Ways EHR Dashboard Enhances Your Practice Productivity
While an intuitive interface, sleek design, and user-friendliness are all great features in an EHR, however, what really makes the best solutions stand out among others is the quality of the dashboard. Ideally, it should display real-time, high-priority information in one place, as soon as you log into the system. This feature enables practice managers Read more…
Using EHRs To Address Chronic Disease Management
EHRs have the potential to effectively and comprehensively manage the health of patients with chronic conditions by integrating well with other digital health tools. While EHRs are finding more efficient ways to manage practice workflows, they are also playing a pivotal role in engaging patients with chronic disease management. The underlying premise remains to embrace Read more…