Throughout the last few years, science and technology have undergone massive advances. As a result, our lifestyles have changed dramatically. AI, standing for Artificial Intelligence, is one of the buzzwords in tech that transforms every walk of our lives, including medicine. Although AI has been used in many sectors of medicine throughout the last few Read more…
Health IT
The Stark Law and What It Could Mean for Your Practice
A medical practice requires cooperation between medical professionals to properly function. This cooperation is not limited to just physicians within the same facility, but also extends to referrals to other practices and providers. However, some have raised concerns about referrals being made for the wrong reasons and this has led to the introduction of legislation Read more…
Mistakes to Avoid When Selling Your Medical Practice
A private practice is a big investment. Selling a practice is common. A practice is a business, and building up and then selling a business is common practice. While running a private practice can be costly, a successful sale can repay the investment made many times over. Physicians spend thousands of dollars to set up, Read more…
7 Mistakes to Avoid When Choosing Physician Disability Insurance
Disability is a very real threat for physicians, especially those that practice surgery. Losing the ability to perform surgery can have a serious impact on earning potential; you may want to consider a physician disability insurance policy to limit the damage that it might inflict. However, as with any kind of insurance, there are a Read more…
Outsourcing Healthcare It Services To Improve Patient Care
The healthcare industry has transformed manifold in recent years. Thanks to digital technologies, all aspects of the medical field have improved and enhanced. Patient information can now be captured, stored, and shared electronically using Electronic Health Records (EHRs). Remotely located patients can be seen and treated through telemedicine. Appointments can be scheduled online, and medication Read more…
Top 5 Major Causes of Physician Burnout
According to the American Medical Association (AMA), three out of four doctors chose their careers before the age of 20, and 61% would make the same choice again if given the chance. Becoming a doctor is a dream for many, and finally getting that white coat is the actualization of a lifelong passion for medicine Read more…
The Broadband Problem Bottlenecking Telehealth
Over the course of the pandemic, telehealth has firmly established itself as a staple of healthcare; providers and healthcare organizations initially had to scramble in order to implement the service, lest they be left behind by those who already offered it, or were quicker to the draw. However, as fantastic an option as telehealth presents Read more…
Important Legal Issues to Consider Before Starting a Concierge Practice
Concierge practices, alternatively known as subscription or retainer practices, are drawing physicians in greater numbers than ever before. This sort of practice forges a direct contract between the patient and their physician, with the patient only paying for an agreed set of healthcare services. The fee paid is fixed, paid either monthly or annually, and Read more…
4 Tips for Collecting Patient Balances
During the COVID-19 pandemic, medical practices have had to be creative in order to adapt, survive and ensure continued access to medical services for patients. examples of this include telemedicine, curbside immunizations, and drive-up testing for the virus. The main challenge posed by all of these methods is collecting patient balances. Here are 4 tips Read more…
4 Tips for Driving Sales of Health Related Products Online
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. Keep Read more…