According to a Pew Research Center analysis of U.S. Census Bureau data, Millennials have become the largest generational group in the United States. Along with this shift in demographics comes changes in experiences, attitudes and expectations, all of which have implications for varying businesses, including health care providers. A 2012 study from ZocDoc and Harris Interactive found that Read more…
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How to Reduce the Administrative Burden in a Practice?
When the staff of a small practice attempt to do everything themselves, problems will almost certainly arise. Administrative duties, such as managing operations, scheduling, billing, account management, customer service, and providing medical attention, can become downright burdensome for a small staff, and may often divert attention from the core focus of providing care. How can Read more…
The Pros and Cons of Outsourcing Medical Billing
Physicians may want to outsource billing to a reliable third-party company to direct their resources towards more core and profitable functions. Billing is one of the most vital functions of medical practice, regardless of the size and specialty. However, despite its crucial role in the profitability of the practice, it is not a core function. Read more…
Battling Low Staff Productivity In Independent Practices
Low staff productivity can cost you a fortune, but proactive planning and smart strategic initiatives can promise you a smooth sail. Thanks to the digital revolution in the healthcare industry, many physicians are feeling much more productive and less exhausted than ever before. Benefitting from technological breakthroughs such as Big Data, EHRs, mHealth apps, smartphones, Read more…
Financial Impact of COVID-19 on Medical Practices – Survey
The COVID-19 pandemic is posing unprecedented challenges for physician practices, especially in terms of financial stability. The COVID-19 Public Health Emergency has unveiled innumerable intimidating challenges for physician practices. Many are labeling it as the ‘black swan’ – an unpredictable event with dire consequences. Ranging from diminishing patient volume to lost patient revenue, the coronavirus Read more…
The Increasing Need for Mental Health EHR
A quality mental health EHR can make all the difference for your mental health practice, regardless of your size and scale. Gone are the days when the mental and behavioral health industry was considered inferior to other medical specializations. It is today at exciting crossroads and is being finally recognized as an integral facet of Read more…
Improving Opioid Addiction Treatment with Telemedicine
Substance abuse is a stark reality of the American healthcare landscape. Telemedicine is a plausible solution to address the opioid crisis. Substance abuse is a stark reality of the American healthcare landscape. According to the National Institute of Drug Abuse, more than 130 Americans die every day due to opioid overdose. CDCP further estimates that Read more…
Maximizing ROI on Advanced Practice Providers
To meet the demands for physicians, many health systems and hospitals are rapidly expanding their portfolio to include more APPs, making them one of the fastest-growing healthcare workforce. Advanced Practice Providers (APPs), such as physician assistants, nurse practitioners, clinical nurse specialists, and clinical social workers, can generate considerable Return on Investment (ROI) for your practice. Read more…
What will a Practice Need to Offer Telemedicine?
Are you planning to implement a telemedicine solution at your medical practice? Here are all the essential things that you need to have in place to make the implementation a success: Medical practices are increasingly embracing digital health technologies to deliver superior quality care. Telemedicine is undoubtedly one of the widely acknowledged health information technologies Read more…
4 Reasons Telehealth Will Transform Healthcare
Telemedicine offers a channel for delivering quality care that can bridge the gap and provide care across the entire continuum. As we are moving deeper into a digitized world, we come across numerous innovative technologies that are transforming every aspect of everyday life. The prolific use of digital health technologies is one smart manifestation of Read more…