Telemedicine offers a channel for delivering quality care that can bridge the gap and provide care across the entire continuum. As we are moving deeper into a digitized world, we come across numerous innovative technologies that are transforming every aspect of everyday life. The prolific use of digital health technologies is one smart manifestation of Read more…
Data Driven Cost & Quality Decisions
Health systems can improve physician engagement through data and evidence. Here are our key recommendations. An increasing number of physicians today prefer hospital employment over private practice. The underlying reasons vary from gaining practical exposure to access to rich data in cost-effective manner. However, this does not really mean that they became quality and cost Read more…
8 Ways the CARES Act Will Help Improve Telehealth Expansion
The CARES Act is playing its due role in expanding telehealth across the U.S. Signed on March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is formidable legislation that represents the most extensive economic stimulus package in the history of the United States. It is aimed at providing much-needed financial assistance Read more…
7 Tips for Hiring Staff at Small & Independent Practices
Are you a small practice facing trouble while recruiting top talent? Here are a few effective tips? Given their limited scale of operations, small and independent practices tend to face serious challenges while they run their competitive race for acquiring talent. Since they already suffer from a lack of recruitment and retention resources, limited financial Read more…
CMS proposes permanent expansion of telehealth
CMS has proposed to make telehealth concessions implemented during the COVID-19 pandemic permanent. Telehealth experienced the real push for adoption and implementation in 2019 when CMS approved payments to physicians for virtual check-ins. During the coronavirus pandemic, CMS enacted rule on March 30, offering relaxations to facilitate the expansion of telehealth. Now, CMS has proposed Read more…
5 Reasons Why Primary Care Practices Need EHR
EHR within a primary care setting is not a standalone system. Instead, it is a complete ecosystem with several integrations that allow delivering holistic care. The adoption of EHRs in primary care settings has witnessed a significant push in recent times. It is increasingly being identified as an integral component of the patient-centric care model. Read more…
New Primary Care Payment Models
HHS has introduced five new primary care payment models, referred to as CMS Primary Cares Initiatives, to deliver better quality primary healthcare. CMS Primary Cares Initiatives is HHS’s new initiative for transforming primary care across the U.S. It has launched five new alternative payment models for primary care under two paths: Primary Care First and Read more…
Return on Investment for Telehealth
Is telehealth worth the investment? That’s the million-dollar question intriguing global healthcare organizations today. Is telehealth worth the investment? That’s the million-dollar question intriguing global healthcare organizations today. Telehealth adoption has been growing at an unprecedented pace during the COVID-19 pandemic, shaping up the new healthcare normal. The speed of the outbreak and the disruption Read more…
Breaking Away from the Chains of Full-Time Employment
Physicians are missing their autonomy and independence, and are increasingly looking for alternative paths to full-time employment. Today’s healthcare work environment is extremely fast-paced and hyper-competitive. Physicians increasingly realize the significance of breaking free from the drudgery of full-time employment with large healthcare organizations. Instead, they are swinging along with the healthcare pendulum, away from Read more…
Seeking Lines of Credit for Medical Practices
Medical practices can be lucratively profitable businesses. But they are often subject to irregular financial flows, which may put their survival at risk. In such a situation, medical practices often use lines of credit from a financial institution, typically banks, to facilitate day to day running of their practices. It is a strategic business tool Read more…