You may have read the title of this post and asked yourself “how are practice management services and patient volumes even related?”
It’s clearer each passing day that not only is the world changing, but the way healthcare is practiced is changing as well. Returning to the way things were before with crowded waiting rooms and little in the way of personal protective equipment (PPE) is unsafe and illogical.
There’s no doubt that the way we practice medicine as a society has changed over time, and it’s not showing any signs of stopping. Especially in the wake of the COVID-19 pandemic, patient care and office visits could start to look a little different.
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.
There’s no question that telemedicine is becoming more and more prevalent, especially in our current public health crisis. Though telemedicine is an efficient alternative to in-office visits for some, there are also some areas to keep an eye on when considering implementation.
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.
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.
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.
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.
As the year comes to a close, it’s time to start thinking about getting ready for your annual staff training. Training is the easiest way to make sure your employees are prepared for any situation that could come up in a medical practice.