Tips for Creating a Medical Office Operations Manual
Businesses of all sizes are constantly trying to streamline operations so they can spend less money while improving productivity. And while it may not always seem like it, your practice is indeed a business. This means you should always be on the lookout for ways to make your practice more efficient. One of the best […]
Switching to Concierge Medicine: Pros and Cons
Some physicians suffering from chronic underpayment are turning to alternative payment models to increase profits. One such model is concierge medicine, sometimes called “retainer” or “boutique” medicine, whereby patients pay an upfront fee in order to secure the services of a physician.
3 Specialties Facing Important Code Changes from ICD-10
The transition from ICD-9 to ICD-10 is as divisive an issue as many in the healthcare industry today. When the news came out that the deadline for the switch was being pushed back until October 2014, some viewed it as a positive while others viewed the delay as a negative. No matter what side of […]
Preventing Medical Burnout: The Increasing Dangers of Physician Fatigue
Doctors spend so much energy worrying about the health of their patients, often times their own issues go unresolved. Consequently, physician incidences of medical burnout are increasing at an alarming rate. In fact, career fatigue is more common among doctors than any other U.S. worker. A recent study by the Archives of Internal Medicine found that […]
Ways to better pay: A 5-step strategic process
Here’s a dirty little secret about healthcare: money is a really big deal. Practices need to be reimbursed, the lights need to be kept on and doctors need to get paid. Managing the flow of cash in any business can be a head-scratching affair, but with a myriad of patients, providers, and payers, the revenue […]
14 Best Practices to Keep Your Staff HIPAA Compliant
HIPAA compliance can be a frightening concept, especially because non-compliance penalties can incur fines of up to $250,000 depending on the seriousness of the infraction. In most cases, it’s smart for providers to hire or train a HIPAA champion who focuses on security standards and oversees staff handling of patient-protected health information (PHI).
4 Tips for Designing a More Productive Practice
Productivity. You’re always trying to squeeze more of it out of your practice employees, using a number of techniques and strategies you’re accustomed to falling back on. But what happens when they run dry? Well, you get creative, that’s what. Today, we are going HGTV on you, looking at how your practice’s design affects employee […]
Power Your Practice’s Holiday Wish List for Your Practice
There are a number of legends speculating how the custom of gift-giving began circa Holiday time. Chances are, however, the giving of presents was the result of the Christian church adopting certain customs associated with the mid-December Roman feast of Saturnalia. Whatever the origin is, there seems to be a wish list for almost anything […]
How to Submit Medicare Claims Correctly and Avoid Costly Denials
Medicare denials have become much more frequent of late and can be very costly. For instance, we at Medical Billing, Inc. been getting an unprecedented amount of denials for “name and ID# do not match.” And we’re getting these denials on claims for providers who have been seeing and getting paid on claims for these […]
5 Best Practices for Patient Email Contact
Email communication can be a great tool for your medical practice to communicate with patients quickly and keep them up-to-date with their future appointments or follow-ups. However, when dealing with sensitive or confidential information, it’s imperative that both physician and patient are fully aware of the privacy concerns when communicating over the Internet. Similar to […]
