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.

Topics: Business Growth, Operations, Financial, Medical Billing

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

 

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

Healthcare professionals regularly find themselves struggling to find the best ways to help patients, working in a world where masks continue to be a controversial topic and health is a valued commodity. Society has discovered, thanks in part to the coronavirus pandemic, that a work-life balance is a higher priority than it had been given of late and has begun taking steps to change lives for the better. 

Healthcare employment is projected to increase 13% by 2031, and the U.S. Bureau of Labor projects that means 2 million new jobs in a decade. With more employees to think about, Healthcare HR has some ongoing concerns to address.

Topics: Business Growth, Operations, Compliance, Practice Start-Up, Physician-Patient Relationship

Much like any business, running a medical practice is a lot of work. To reasonably handle everything it takes to run a clinic successfully, day in and day out, there must be a high level of optimization and efficiency.

This goes beyond inventory management and scheduling. This means prioritizing patient experience and making sure each staff member is prepared to facilitate success each day. 

Topics: Operations, Practice Management, Practice Start-Up

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

Topics: Operations, Practice Management, Financial, Medical Billing

If you’re looking to start a medical practice in Texas, you may be wondering “How the heck do I do this on my own?” or “Where do I start?”

We provide this exact guidance for clients every day. Like any major project, the key is to divide and conquer. 

Here’s our working checklist for starting a medical practice in Texas, in no particular order of importance.

Topics: Business Growth, Operations, Practice Management, Practice Start-Up

Operating a medical practice means working in cooperation with other healthcare professionals. However, concerns about referrals between facilities for the wrong reasons have led to regulations and legal consequences. 

Topics: Operations, Compliance, Liability, Practice Management

THE SECRET TO INCREASING PATIENT VOLUMES 

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

Today’s world has integrated technology into every aspect of our lives, and medical practices are finding that patients, particularly Millennials and Gen Xers, are prioritizing partnerships where virtual staff integration is commonplace. One example is appointment scheduling: in 2021, a Harris Poll Survey found that 68% of all patients expect to be able to book appointments for well visits or other health concerns online. 

Topics: Operations, Practice Management, Technology