99MGMT Blog

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9 Common HIPAA Violations to Avoid

Posted by 99 MGMT on Apr 8, 2024 8:06:02 AM

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).

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Topics: Practice Management, Physician-Patient Relationship

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

Time for a Change? 9 Considerations When Starting a Medical Practice in Texas

Posted by 99 MGMT on Dec 29, 2023 1:23:00 PM

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. 

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

A Decade in Excellence: Celebrating Private Practice Growth & Partnership

Posted by 99 MGMT on Dec 6, 2023 12:02:12 PM

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. 

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Topics: Practice Management, Consulting

[Example] How to Write a Patient Dismissal Letter

Posted by 99 MGMT on Oct 23, 2023 9:27:00 AM

Although it’s never easy, there are times when ending the relationship with a patient from a medical practice is absolutely necessary.

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Topics: Operations, Practice Management, Physician-Patient Relationship

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

Healthcare Workflow Optimization & The EMR System

Posted by 99 MGMT on Aug 29, 2023 7:40:15 AM

The Electronic Medical Record (EMR) system is designed to provide comprehensive, up-to-date information regarding the patient journey that can be shared among different departments or medical centers, facilitating effective communication between clinicians and improving the quality of patient care. 

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Topics: HIPAA, Practice Management, Consulting

9 Tips on Selecting the Best Name for Your New Medical Practice

Posted by 99 MGMT on Jul 20, 2023 11:17:00 AM

What’s in a name? It turns out that names are very powerful, especially when you’re selecting a name for your practice. Your practice name is how patients will share recommendations with friends and family. It’s how people will find you online, and it’s the cornerstone of your medical practice’s identity.

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Topics: Marketing, Practice Management, Practice Start-Up

Stark Law Violation Q&A: What People Want to Know

Posted by 99 MGMT on Jul 6, 2023 8:29:48 AM

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. 

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Topics: Compliance, Practice Management, Physician-Patient Relationship

How to Run a Clinic Successfully: 4 Tips for the Practice Owner

Posted by 99 MGMT on May 9, 2023 8:04:00 AM

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. 

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Topics: Operations, Practice Management, Practice Start-Up

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