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…
Physician Documentation
Strategies for Patient Collections
Turning patients over to collections can be an unpleasant experience for all involved. Sometimes, however, practices are left with no choice. To maintain profitability and keep doors open, practices need to continue receiving payment for the services they provide; thus, it is important to have a proper strategy in place for patient collections. Mistakes to Read more…
5 Strategies for Patient Acquisition
A marketing strategy is essential to running a successful business of any sort, including a healthcare practice. Patient acquisition is an area where practices can never rest, as patients are the very lifeblood of their business. However, marketing can be expensive, and figuring out how to successfully market your practice can put undue stress on 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…
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…
5 Reasons Patients No-Show For Healthcare Appointments
There is no magic solution for eliminating no-shows. However, by showing empathy towards your patients and leveraging technology at your practice, you can considerably reduce their incidence. Patient no-shows are a downright recipe for increased costs. According to a study, the healthcare industry loses around $150 billion to patient no-shows every year. This is equivalent Read more…
Top 10 Reasons for Claim Denials
If you want to attain more financial success, you must overcome these common reasons for claim denials. Denials generally fall under two categories: technicalities and medical. Denials resulting from technicalities are incurred due to missing codes or authorizations and claim to file mistakes. On the contrary, denials are considered medical when the treatment is not Read more…
Top Challenges Physicians Are Expected to Face in 2020
From compensation hassles to compliance hurdles and staff burnout, independent practices have a myriad of obstacles to overcome. Now, with the start of the new year, physicians are finding themselves on the front line of evolving technology, policies, and patient expectations, while struggling with spending adequate time on patient care. Here are the top challenges Read more…
Best Way to Market Your Medical Practice for Free in 2019
There was a time when being a medical professional was a privilege. Those days are over. Now you need to be a business major to complement your profession. As a health IT consultant, I felt like writing tit takes a lot of money and effort which can be put to better use. Free medical marketing Read more…
Managing Patient Documentation
ICD-10 is almost upon us, and an existing physician issue looks all set to take another huge blow. Yes, I’m talking about managing physician documentation in 2015 and beyond. Experts are anticipating a 15-20% increase in physician documentation time for most practices post October 1. However, there are some cost and time effective options that Read more…