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.
Now is the time to start thinking about how you can use technology to improve your practice. There are many available tech tools that can help streamline your workflow, improve patient communication, and make your life easier. But with so many options out there, it can be tough for millennial physicians to know where to start.
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.
It is a well documented fact that Physician Burnout is continually creeping up as a silent antagonist in the healthcare industry.
Operating a private practice can put a lot of strain on the practicing physician, as the time with patients must be balanced with administrative tasks and staff management concerns. Physician practice management companies (PPMCs) provide non-clinical business administrative services to private practices.
Running a medical practice takes hard work, dedication, and unfortunately - involves a lot of expenses. Like with any other business, it is important to be aware of all the costs you’ll be incurring for your clinic so you can plan accordingly.
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.
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.
The need for dedicated, dependable healthcare workers has never been greater, yet the well to tap from has never felt drier.