Practice management plays a critical role in improving the overall operations of medical practice. This function also collects data that enables organizations to offer a better quality of care to their patients, increase revenue, and create a sustainable model for growth. Healthcare businesses operate in a frenzied environment that requires clinicians to provide value-based care, Read more…
COVID19 and the Need for Health Care Reform
The outbreak of the COVID-19 pandemic has transformed the face of healthcare globally, bringing into focus the need for significant healthcare reforms that will eventually promote universal access to affordable care. The U.S. healthcare industry has faced incredible challenges in the wake of this pandemic and is expected to come across even more. The way Read more…
The Socio Economic Barriers to Sustainable Telemedicine Implementation
The meteoric upsurge in adoption of telemedicine due to the pandemic, and an increasing demand for patient convenience, has rendered telemedicine a useful and necessary adjunct for practicing medicine and delivering care in the 21st century. Its accessibility and effectiveness are reason enough for providers to embrace it in order to supplement in-person visits and Read more…
Risk Stratification; Combining Objective And Subjective Insights for Risk-Stratified Care Management
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…
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…
Covid-19 and the Rise of Value-Based Models
The increased adoption of virtual care technologies is accelerating value-based care. The COVID-19 pandemic has created a sense of urgency around numerous healthcare-related issues and opportunities that were already on the radar but were awaiting large-scale implementation. The foremost objective of providers and healthcare systems today remains to keep people out of hospitals and Read more…
See and Treat Patients Remotely with Telemedicine
Slow and steady telemedicine has evolved as the ultimate tool for empowering providers to see and treat patients remotely. Telemedicine is the new face of healthcare. It has gained significant attention during the recent COVID-19 public health emergency, which essentially put a halt to our daily lives. The need for healthcare increased manifold during this Read more…