99MGMT Blog

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What Are Medical Billing Services? Why Outsource Medical Billing?

Posted by 99 MGMT on Feb 23, 2024 2:08:00 PM

Busy medical practices have to balance a high level of patient care with completing necessary administrative tasks to keep the doors open.

Medical billing can take up a lot of valuable time. It can also be difficult to find and train people to handle this crucial task. Plus, if claims are processed slowly or incorrectly, they can negatively impact your practice's revenue.

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Topics: Business Growth, Operations, Financial, Medical Billing

Bookkeeping for Medical Practices: 5 Tips for Success

Posted by 99 MGMT on Jan 23, 2024 1:59:00 PM

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. 

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Topics: Practice Management, Financial, Medical Billing, Technology

Average Medical Practice Overhead & How to Reduce Practice Expenses

Posted by 99 MGMT on Oct 17, 2023 9:14:00 AM


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.

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Topics: Operations, Practice Management, Financial

7 Use Cases of Healthcare AI to Improve Office Workflow Management

Posted by 99 MGMT on Sep 12, 2023 11:50:00 AM

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?

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Topics: Marketing, Business Growth, Social Media, Patient Volumes, Financial, Coding, IT, Medical Billing, Physician-Patient Relationship, Technology

Medical Practice Operating Expenses: 16 Pieces to the Puzzle

Posted by 99 MGMT on Apr 10, 2023 9:05:00 AM

In previous blog posts, we’ve spent some time talking about the steps that go into starting your own medical practice. 

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Topics: Operations, Practice Management, Financial, Medical Billing

Stark Law Examples Simplified: Who it Protects And Where it Applies

Posted by 99 MGMT on Feb 15, 2023 10:13:38 AM

Navigating medical issues and the confidential nature of medical histories is complex. Patients know they have rights, and they are counting on the medical professionals they see to respect those rights. 

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Topics: Compliance, Liability, Financial

Marketing for Medical Practices: Why It’s Important

Posted by 99 MGMT on Aug 15, 2022 11:15:00 AM

In today’s society, potential patients look to online resources for everything. Studies show that 80% of potential new patients search for health-related topics online before they reach out to any professional. This is why online marketing is key to growing your medical practice. 

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Topics: Marketing, Business Growth, Compliance, Financial

How Practice Management Services Can Improve Patient Volumes

Posted by 99 MGMT on May 25, 2022 6:00:00 AM


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Topics: Marketing, Business Growth, Operations, Practice Management, Patient Volumes, Financial

What Is Telemedicine? Consolidating Overhead & Reducing Practice Expenses Post-COVID

Posted by 99 MGMT on Jun 29, 2021 11:17:24 AM

If there’s one positive thing that we can say about the COVID pandemic, it’s that it showed the world just how equipped we are to effectively conduct our jobs from the safety and comfort of our homes. For some things, at least. 

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Topics: Operations, Practice Management, Financial

Closing/Selling A Medical Practice Checklist

Posted by 99 MGMT on Jun 14, 2021 6:43:36 AM

There are several reasons for the closing and/or sale of medical practices. The primary cause is financial strain, which was exacerbated last year as a result of the global pandemic. 

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Topics: Compliance, Practice Management, Financial


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