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!
Are You Satisfied with Your Current Medical Billing Process?
Topics: Business Growth, Practice Management, Patient Volumes, Financial, Medical Billing
How to Determine if Outsourcing Revenue Cycle Management is Right for Your Practice
When it comes to running a private medical practice, handling all of your own Revenue Cycle Management (RCM) in-house can take up more time than you have to spare.
Topics: Business Growth, Practice Management, Financial, Medical Billing, Consulting
Are You Getting the Most Out of Your Medical Billing Service?
Medical billing is the middleman between a medical facility and an insurance company, so it’s safe to say that it’s a pretty important step in the process of running a practice.
Topics: Business Growth, Practice Management, Patient Volumes, Financial, ICD-10, Medical Billing
How Does the Billing Process for Telemedicine Visits Work?
As many practices around the world are beginning to implement telemedicine visits in their daily schedules, many people are benefiting from the added safety of not having to visit a doctor’s office in person during a global pandemic.
Topics: Operations, Financial, Medical Billing
How Practice Management Services Can Improve Patient Volumes
You may have read the title of this post and asked yourself “how are practice management services and patient volumes even related?”
Topics: Marketing, Business Growth, Operations, Practice Management, Patient Volumes, Financial
In our last post, we discussed some practice considerations that could come up as telemedicine becomes more prevalent - especially as we navigate a global pandemic. In addition to those practice considerations, expense management is also a major facet of implementing telemedicine services in your office.
Topics: Marketing, Business Growth, Operations, Liability, Practice Management, Financial, Medical Billing
Tips for Managing Medical Practice Expenses to Lower Your Overhead
Here at 99MGMT, our primary goal is to help medical practices run as efficiently as possible, and one of the most impactful ways to help overall performance at a practice is to decrease expenses to increase revenue.
Topics: Business Growth, Operations, Practice Management, Financial, Practice Startup
Increasing Medical Practice Financial Health with These 5 Metrics
When you spend every day caring for your patients’ health, it can feel like a hassle to think about managing your practice’s financial health as well. As cumbersome as it can be, staying on top of your practice finances is the key to many years of continued operation.
Topics: Operations, Practice Management, Financial, Medical Billing
As anyone who works in healthcare knows, you can’t provide the best service to your patients if you don’t have the best staff working in your practice. Often times though, recruiting can be harder than it sounds.
Topics: Marketing, Business Growth, Operations, Compliance, HR, Practice Management, Patient Volumes, Financial, Practice Startup
5 Steps to Verify Patient Insurance as the New Year Begins
Check All the Boxes During the Initial Information Transfer
The initial transfer of information from patient to practice is extremely important. This is your opportunity to obtain a broad and detailed scope of a patient’s insurance coverage to enter into your system.
Topics: Operations, Enrollment, Practice Management, Financial, Medical Billing