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 Simple Tips to Improve Your Medical Bookkeeping
Any healthcare professional will likely spend most of their time caring for patients, which can lead to neglect in certain other areas. One of these areas that are often neglected is bookkeeping. Most physicians would prefer to focus on patient care, rather than the tedious tasks that come afterward. However, a medical practice is also Read more…
6 Ways to Grow Your Practice Through Funding
Alternative small business funding provides a fantastic opportunity for providers to attain the extra capital they need to grow their practices. Alternative practice funding is available to practices of any specialty. The majority of these loans are best suited to newly licensed physicians looking to start their practice or established physicians looking to dip into Read more…
Building a Strategic Plan for Your Practice
Many practices overlook having a strategic plan. There are a variety of reasons behind why physicians tend to avoid creating such a plan, including: They consider it a waste of time, as their time would be spent better on patient care. It is too difficult to do. They do not see any value in it. Read more…
3 Tips for Getting the Most Out of Your EHR
Utilizing an Electronic Health Record (EHR) system in your practice is key to maximizing productivity and optimizing workflows. Without an EHR, practice staff simply will possess the tools they need to maximize profits, provide high quality care and create the best patient health outcomes. Any old software will not help your practice achieve these goals, Read more…
The Role of High-Quality Medical Equipment in Patient Care
Enjoying good health with no illness can make us feel happy. However, various diseases may affect your health at any time. You must seek medical help immediately to handle complications before the problem escalates to something serious. The advances in the medical field mean easy access to the best care. People have better chances of Read more…
Improving Office Workflows with Healthcare AI
AI technology has come a long way over the past decade; these technologies have also begun augmenting the capabilities of EHR solution. The uses for it in the healthcare industry are many, that is plain to see, with successful examples of diagnostics, robotic surgery and much more. However, these are higher level uses of AI. Read more…
3 Things to Reconsider If Your Practice Struggles with Collections
Mostly, patients want to make their healthcare payments on time. However, these payments often arrive later than their due date. Often patients may not make their payments until they have moved on to collections, leading to additional fees for the practice. However, what must be the reason behind this struggle? Let us take a closer Read more…
The Five Best Tax Strategies for Your Practice
Medical practices often generate large amounts of income, which in turn lead to hefty tax obligations. While these obligations are unavoidable for the most part, there are a few legal strategies that can help reduce them. These strategies are not reserved only for large healthcare conglomerates, the tax code is available to all practices, regardless 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…