Bookkeeping for medical practices can be a complicated process. Technology may be the resource you need to ensure a potentially complex process does not result in missed opportunities or lost revenue.
Topics: Practice Management, Financial, Medical Billing, Technology
Time for a Change? 9 Considerations When Starting a Medical Practice in Texas
When you've been with a medical practice for a while, it can be hard to imagine leaving. After all, you've built up a good rapport with your patients. You know the ins and outs of the office, too.
Topics: Business Growth, Compliance, Practice Management, Practice Start-Up, Location
The Physician Self-Referral Law, also known as Stark Law, bans physicians from referring patients to “designated health services” payable by health coverage programs such as Medicare or Medicaid with which the physician or an immediate family member has a financial relationship (unless a rare exception applies).
Topics: Operations, Compliance, Liability
A Decade in Excellence: Celebrating Private Practice Growth & Partnership
Addison Internal Medicine has spent a decade working toward what it is today: a premier destination for advanced primary medical care. The practice has achieved success in quality of care provided, patient satisfaction, and has shown the ability to adapt and grow with the community’s evolving needs.
Topics: Practice Management, Consulting
Although it’s never easy, there are times when ending the relationship with a patient from a medical practice is absolutely necessary.
Topics: Operations, Practice Management, Physician-Patient Relationship
Average Medical Practice Overhead & How to Reduce Practice Expenses
Research shows that today’s average medical practice overhead is actually between 60% and 70%.
Overhead is calculated as costs as a percentage of revenue. Basically, this means any and all revenues that don’t go into your pocket.
Topics: Operations, Practice Management, Financial
7 Use Cases of Healthcare AI to Improve Office Workflow Management
You don't have to look far to see the use cases of AI in healthcare – diagnostics, robotic surgery, and much more. But what about the time-sucking tasks that get in the way of those important patient touchpoints?
Topics: Marketing, Business Growth, Social Media, Patient Volumes, Financial, Coding, IT, Medical Billing, Physician-Patient Relationship, Technology
Here’s the bottom line: you’re wasting time and money doing your own credentialing. Find out how to avoid wasting precious time and money.
Topics: Credentialing, Enrollment
The Electronic Medical Record (EMR) system is designed to provide comprehensive, up-to-date information regarding the patient journey that can be shared among different departments or medical centers, facilitating effective communication between clinicians and improving the quality of patient care.
Topics: HIPAA, Practice Management, Consulting
9 Tips on Selecting the Best Name for Your New Medical Practice
What’s in a name? It turns out that names are very powerful, especially when you’re selecting a name for your practice. Your practice name is how patients will share recommendations with friends and family. It’s how people will find you online, and it’s the cornerstone of your medical practice’s identity.
Topics: Marketing, Practice Management, Practice Start-Up