3 Tips to Manage More Patients in the ACA Era
It’s becoming clear that the Affordable Care Act is working to cut the number of uninsured Americans. But are U.S. physicians ready for an influx of these newly insured patients? If you’re not ready, what are the best ways to deal with an increased patient volume without sacrificing quality of care or patient satisfaction with […]
Top 3 Best Practices to Boost Billing Efficiency
With the increasingly complex world of medical insurance claims, Medicare/Medicaid reimbursements, and other financial concerns, managing the billing process is a challenge for many practices. Time is Money According to a Health Affairs study, physicians use nearly 12 percent of their net patient service revenue to cover the costs of “excessive administrative complexity.” Seventy-four percent […]
Many Predict ICD-10 will Drive the Demise of the Paper Superbill
If your medical group still relies on paper superbills, like 54% of physician practices recently reported, what does that mean come October 1, 2015? Will the transition to the more complex and greater number of ICD-10 codes make all paper superbills a thing of the past? Some predict yes. The simplicity of the traditional superbill […]
Will ICD-10 Drive the Demise of the Paper Superbill?
If your medical group still relies on paper superbills, like 54% of physician practices recently reported, what does that mean come October 1, 2015? Will the transition to the more complex and greater number of ICD-10 codes make all paper superbills a thing of the past? Some predict yes. The simplicity of the traditional superbill […]
Are You Doing Enough to Secure Your Patient Data? [HIMSS Survey]
Recent cybersecurity events triggered the loss of patient, financial or organizational data for about 1 in 5 healthcare organizations, a new survey reveals. Also, many healthcare leaders and information officers feel overwhelmed by the threats to their data. The 2015 HIMSS Cybersecurity Survey shows 42% of 297 respondents believe there are too many emerging and […]
Training Your Team: 3 Steps to Bring New Employees Up to Speed Fast
Bringing a new member to your team who can help provide better service and care for your patients is awesome. But training and onboarding that new team member can sometimes be a difficult process. Even in the best-case scenario — when your new hire brings tons of healthcare experience — they may not be familiar […]
The Digital Revolution Is Coming to a Healthcare Setting Near You
‘The Internet of Things,’ digital wearables, telehealth and the cloud will continue to revolutionize healthcare as we know it, Goldman Sachs predicts in a new report. And it all could save a lot of money. In this first installment of our Summer Digital Disruption series, we look at the big picture of how technology and […]
What CMS’ Surprise Flexibility on ICD-10 Claims Can Mean for Your Practice
With less than 3 months until the October 1, 2015 deadline for switching to ICD-10 codes, the Centers for Medicare & Medicaid Services just granted providers some unexpected leniency. But what do the changes mean to your medical group? First of all, what’s not changing: the October 1, 2015 deadline for ICD-10 implementation remains. And […]
An Update: Why Physician MBA Degrees Are Worth the Investment
Even though school’s out for summer, maybe it’s the right time for physicians to consider continuing their education. We know what you’re thinking. Doctors already go through enough schooling. But in today’s uncertain health care environment, a physician MBA can be a worthwhile investment. When we first investigated the potential MBA advantages for doctors […]
Why Software with Advanced Billing Rules Can Be Your Practice’s Secret Weapon
Let’s face it. Medical billing is a complex process. Just staying on top of your accounts receivables, denied claims and all those specific payer rules remains a challenge. But it’s not unbeatable. Knowing how to make the most of your medical billing software can be a great first step. This strategy can improve your practice’s […]