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…
Health IT
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…
8 Medical Coding Errors to Avoid
Both the government and private insurers are becoming increasingly stringent when it comes to medical billing practices, with audits revealing cases of both fraud and abuse. While providers deserve to paid in full for the services they provide, it is essential that billing practices that might be construed as fraudulent or abusive be avoided. This Read more…
Tips for Telehealth Coding
There’s nothing more frustrating than rendering service and not being paid. Here are a few tips to help you properly conduct and document telehealth services. Telehealth is the new normal of the American healthcare industry, especially in the wake of the novel coronavirus pandemic. But, there’s nothing more frustrating than rendering service and not being Read more…
How Telemedicine Expansion Will Affect Physician Practices
Telemedicine is essentially digitally-enabled healthcare, facilitated by telephone, video, and other telecommunications technologies. Although being around for decades, it only received due recognition after the outbreak of the deadline COVID-19 pandemic, in which the world and literally walks of life were put to a halt. Interestingly, all major players across the U.S. healthcare industry had Read more…
Concierge Medicine: An Alternative to Direct Primary Care Model
Although concierge medicine is more affordable, it is still not as widespread as DPC. Healthcare is delivered through several different models. There is a traditional model under which the physicians see large numbers of patients every day and then bill their services to insurance companies. However, in the past few years, a new care delivery Read more…
9 Specialties That Enhance Care With Telemedicine
Telemedicine is an overarching technology, which goes beyond benefitting primary care doctors alone to serve several benefits for specialty practices. Telemedicine is gaining increasing popularity in the U.S. healthcare industry, and for all the right reasons. It has evolved as an effective and convenient care delivery model that not only increases the efficiency of medical Read more…
Job Market for Young Physicians
Final-year residents are extremely high in demand in the U.S., fundamentally because they are the future of medical practice in the country. Owing to this, they are being choosy about what kind of career options should they avail and when to avail them? According to Merrit Hawkins, a national physicians search and consulting firm, there Read more…
Remote Patient Monitoring Emerging Growth and Quality Opportunities
CMS is confident that RPM is accompanied by substantial growth and quality opportunities. Healthcare systems have undergone a rapid transformation with the advent of digital technologies in the healthcare industry. Remote Patient Monitoring (RPM) has evolved as a widely acknowledged healthcare solution, expanding the expertise of care teams beyond the hospital environment. Chronic care management Read more…