99MGMT Blog

Did you know that over 90% of consumers use social media to help make health-related decisions? 

In today's digital age, social media in healthcare has become a powerful tool for professionals to connect with patients, share valuable information, and build trust. However, navigating the social media landscape in the healthcare industry requires a strategic approach to ensure compliance with regulations and to maintain professionalism.

As a healthcare professional, navigating social media in healthcare can feel daunting. These 12 healthcare social media tips can help you create a strong online presence, educate patients, and enhance their care.

Topics: Marketing, Business Growth, Operations, Compliance, Liability, HIPAA, Social Media, Practice Management

Operating a private practice can put strain on the practicing physician, as they need to balance patient care with administrative tasks and staff management. Physician practice management companies, also known as Management Services Organizations (MSOs), offer non-clinical business administrative services to private practices, alleviating some of these pressures.

Topics: Operations, Practice Management

Maintaining a thriving medical practice hinges on attracting and retaining a steady flow of patients. In an era where healthcare consumers have many choices, practices that fail to prioritize patient acquisition and retention risk falling behind their competitors. 

Topics: Practice Management, Patient Volumes, Physician-Patient Relationship

The Physician Self-Referral Law, commonly referred to as the Stark Law, is a federal law passed in 1989 that prohibits healthcare providers from referring Medicare and Medicaid patients for “designated health services” to entities with which the provider has a financial relationship. This includes physician practice management companies, such as those that employ new physicians and offer administrative outsourcing. 

Topics: Compliance, Practice Management, Physician-Patient Relationship

HIPAA compliance represents a cornerstone of privacy and security in the healthcare sector, safeguarding patient information, ensuring data security, and building a strong foundation of trust between patients and healthcare providers. For healthcare organizations and their business associates, adhering to HIPAA's regulations is not just about fulfilling legal requirements; it's about embracing an ethical responsibility to protect sensitive personal health information (PHI).

Topics: Practice Management, Physician-Patient Relationship

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. 

Topics: Practice Management, Financial, Medical Billing, Technology

When you've been with a medical practice for a while, it can be hard to imagine leaving. After all, you've built up a good rapport with your patients.  You know the ins and outs of the office, too. 

Topics: Business Growth, Compliance, Practice Management, Practice Start-Up, Location

Addison Internal Medicine has spent a decade working toward what it is today: a premier destination for advanced primary medical care. The practice has achieved success in quality of care provided, patient satisfaction, and has shown the ability to adapt and grow with the community’s evolving needs. 

Topics: Practice Management, Consulting

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