The marketing world has come a long way since town criers were in existence. And although having someone stand outside your place of business and scream at people may get their attention, it’s not exactly the most effective way to gain new customers.
As a physician or other medical worker, your primary focus is likely to be on patient care -- not the tedious details afterward. However, bookkeeping in the medical office isn’t something you want to overlook.
The Health Insurance Portability and Accountability Act (HIPAA) of 1996 helped cut down on healthcare fraud and ensure that employees could maintain healthcare coverage while between jobs. Since its original creation, several updates have been made to HIPAA to help improve privacy protection for patients and health plan members.
Starting your own medical practice is a huge undertaking, and it is virtually impossible to handle all by yourself. As you are planning for your new practice, there are several kinds of people who you will need to help you along the way, and we’ll be discussing those partnerships today.
If your business provides a service, you should be paid for that service - and that includes private medical practices!
As with any business, there are certain laws and regulations put in place that exist solely to protect patrons of those businesses, and medical practices are no exception.
Whether you’re starting a new practice or you’re adding additional practitioners to your clinic, they all have to go through the physician credentialing process.
You may have read the title of this post and asked yourself “how are practice management services and patient volumes even related?”
As the new year approaches, many medical practitioners are reevaluating their career trajectory, especially in the wake of an economy-shaking pandemic.
As this most tumultuous year comes to a close, many businesses are taking this time to evaluate their performance over the past 12 months, as well as considering their goals for 2021 and beyond - and your medical practice should be no different!