How Practice Management Systems Help Doctors Overcome Hurdles to Profitability
Medical practices across the United States are struggling to see profits. It’s no wonder news sites are quick to pump out predictions about the decline of small private practices. In a joint survey by QuantiaMD and CareCloud, 5,012 U.S.-based physicians were asked to identify the factors negatively impacting their profitability in the coming year. Declining […]
5 Gadgets to Make Practice Management Easier
A typical day managing a medical practice can really test the amount of stress one can take before bursting a blood vessel. In addition to serving all of the patients that pour through your door, you now have to start preparing staff for big changes like the upcoming ICD-10 switch. You may even be in […]
Choosing Practice Management Software: A Research Guide to Web-Based Systems
When things change in the healthcare industry, such as diagnosis or procedure codes, a new version of your practice management software must be written and offered for sale. Therefore, one of the most important factors to consider when looking for a new PM system is where your system will live. We’re here to tell you that […]
Time for a Switch: Replacing Your Practice Management System
As change reshapes the healthcare industry, it is placing an ever-increasing strain on the technologies that practices use to manage their operations, sustain profitability, and support patient care. At the same time, the arrival of modern technologies in healthcare – the same ones that power Facebook and Twitter, rather than the Nixon-era coding that dominated […]
The Complete Guide to Practice Management
Papers fly as patients pour in, phones ring, and ongoing billing battles never end, the cash or credit argument ensues – a day at the practice is relentless, and sometimes you could use a little help. Hence, Power Your Practice has assembled a guide for practices to abide by, helping physicians and office managers navigate the […]
6 Tips To Maximize Cloud-Based Practice Management
So you’ve stepped up your game. You’re on the almighty cloud. You are liege of the tech fiefdom, set to reign confidently over EHRs, PMSs, and RCM systems. But silently you may be asking yourself, “How am I supposed to use this thing?” Maximizing your use of a cloud-based practice management system for your practice’s […]
Do You Need a Consultant for Your Practice Management System?
According to MGMA’s 2008 digest, 54.8% of physicians had utilized the services of a healthcare consultant or firm at least once in the last three years. Since that time, the amount of practice management systems permeating the market has increased. This begs the question: should physicians use a consultant to help choose a PMS for […]
Choosing a Practice Management System? Why Web-Based is the Way to Go
Choosing your practice management system is one of the most important decisions you will make for your office. A practice management system can be very expensive, so you’ll want to make sure your decision will serve you well for many years. Practice management systems have changed considerably over the past ten years with the development of […]
Power 5 Week in Review: Perfecting Practice Management
From phones to finances to technology, running a medical practice requires a whole lot of management. We touched on improving your administration in all of those areas – and others – this week on PYP. Just as you’ve got lots of departments to manage, we’ve got lots of ground to cover in this week’s recap. […]
How to Handle Timely Filing Claim Denials
HOW TO HANDLE TIMELY FILING CLAIM DENIALS A big challenge medical billers are most often confronted with is handling claims denied due to timely filing issues, as each insurance company wants the deadline set by it observed doggedly. The length of these deadlines for filing insurance claims is not fixed. They can vary from as […]