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The panic over the upcoming switch from ICD-9 to ICD-10 is palpable enough to make one think of the old Godzilla movies, with people quaking in fear as the monster draws closer. But unlike Japan’s fire-breathing lizard, ICD-10 doesn’t come
According to a 2013 Physicians Practice survey, approximately 28% of physicians claim their pay is entirely dependent upon productivity, while only 8% cite quality and cost of care as the sole factor influencing their earnings. This means a vast majority
Introduction Better healthcare results require the satisfaction of the patient. But how can a healthcare provider discover patient experience, and are their patients truly happy? So, the best way to figure this out is to get patient insights by doing
In a busy medical office, it can be easy to give in to the temptation of administrative shortcuts. But oftentimes, these timesaving practices can have an adverse effect on your revenue cycle. The three following shortcuts are responsible for many
With the year coming to a close, it’s time to start planning for 2014. And perhaps the most important step in the planning process is creating a viable practice budget. A well thought out budget serves as a year-long guide
When patients don’t pay their medical bills, maintaining a profitable medical practice can be extremely difficult. To help physicians achieve billing success, the Healthcare Financial Management Association (HFMA) has developed a list of best practices for healthcare providers to follow
The high frequency of errors seen during HIMSS’ ICD-10 test pilot program indicates physicians have a long way to go before October’s big transition date. Perhaps the best way to ensure October 1 doesn’t bring chaos to your practice is
Is there another process more complex than the medical claims cycle? It seems built to make it difficult for practices to get paid. Luckily, CareCloud’s latest infographic shows you where in the cycle physicians are losing money, so you can
There are plenty of revenue cycle techniques meant to help practices boost profits. While many focus on ways to bring more money in, sometimes saving money is just as important. The problem is many practices engage in processes that diminish
By some measures, Bay Urology is considered a small practice. Their staff boasts a close-knit group composed of two doctors, five nurses, two physician’s assistants, five clerical employees, and a practice administrator, most of which have worked together for nearly
