Texting: A Do or Don’t for Doctors?
Introduction In today’s world, text messaging has become a convenient way for businesses to interact with customers. Healthcare practices are no exception to this trend. In truth, 89% of customers prefer text communication with businesses, and 63% of Americans say they would switch to a company that provides texting as a channel for exchanging information. […]
3 Marketing Tips For Your Medical Practice
Marketing is, in many ways, defined by how well you leverage emotional triggers like fear, guilt, pride and instant gratification to craft messages about a service or product in question. So, just because patients experience the abovementioned emotions whenever they visit a doctor’s office, doesn’t mean medical practices are excluded from savvy content marketing campaigns […]
3 Solutions to Common Revenue Cycle Problems
Revenue cycle management is fundamental to running a successful practice, but filing claims to payers without having them denied and collecting bills in a timely manner isn’t always easy. To help streamline the process, we’ve outlined problematic revenue cycle management issues for medical practices and how to fix them. The conflicts below offer physicians the […]
Cashless Practice: Why Some Docs are Only Taking Plastic
In an October 2011 survey, Javelin Strategy & Research found that 54% of consumers use a credit or debit card most frequently to pay for goods or services. Only 21% relied on cash. Your practice already takes patient payments in plastic (we hope!), but would you ever consider taking them only in plastic? Some doctors […]
ICD-10: Keep an Overdue Change from Costing You Money
Most experts agree that the switch to ICD-10, now scheduled for Oct. 1, 2014, is long overdue. But depending on whose study you read, the costs of switching could be significant. It is impossible to deny that medicine and the nature of diagnoses have changed dramatically over the past three decades. Physicians, their staffs, and […]
Power 5 Week in Review: Happy Memorial Day
Today, we at Power Your Practice hope you’ll join us in recognizing all past and present members of the U.S. military for their service. Thanks veterans! As you embark on the adventures of your holiday weekend, take a look through this Power 5 recap of the content we shared on Power Your Practice this past […]
3 Ways to Clean Up A/R to Collect More Money
If you don’t give diligent attention to accounts receivable, collections can get messy – fast. Even if you feel that your A/R is running smoothly, it’s important to audit and clean up operations from time to time to ensure that your processes and cash flow stay manageable. It may be a little late in the […]
What EHRs Can Learn From Smart Homes
Seven in the morning. Instinctively, you bang on your alarm clock, fumbling for the snooze button. You may turn on a lamp or turn off your ceiling fan, pop a breakfast Hot Pocket in the microwave and maybe switch on your Apple TV and mirror your iTunes on it for morning mood music. While that […]
The End of EMR: Increase Productivity & Revenue with EHR
In a survey conducted by the Medical Group Management Association (MGMA), 47.3 percent of respondents rated themselves ‘unsatisfied’ to ‘very unsatisfied’ with their current EMR system. Why are they so displeased? Because EMRs, unlike EHRs, are not designed for collaboration between providers – a hallmark of Meaningful Use.
Should Doctors Ever Lie to Their Patients?
It’s long been a given that when it comes to doctor-patient interaction, one of the two parties may not always be completely honest with the other. Patients have been known to fib, in some instances, when certain sensitive questions arise. I doubt too many dishonest patients feel all that uneasy about lying when asked how […]