4 Ways Data Can Help You Manage Your Supply Chain
How do you manage your supply chain? This high-priority operational task is essential to creating and managing a safe and well-equipped practice for treating patients but did you know that you can leverage your existing business data to make better-informed supply chain decisions? Keep reading to discover how you can boost operations through elevated supply […]
Improve Practice Revenue – Identifying Patient Payers
It would be easy to assume that you’ve recognized and maximized on each of your practice payers’ arrangements. After all, insurance companies and providers have worked in tandem for years, developing relationships that are well-understood. However, one payer group tends to get overlooked more than the rest: the patients. Too many administrators neglect the fact […]
5 Ways to Enhance Your Prior Authorization Strategy
If you’ve managed a medical practice for any length of time, you’ve likely run into your fair share of eligibility and prior authorization challenges. Before we jump into tactics, tricks, and best practices for helping you tackle prior authorization, let’s take a quick step back and review the basics… What is Prior Authorization? Prior authorization […]
Improving Patient Satisfaction
Implementing the mindset that patients are consumers, and focusing on providing top-tier customer service, is essential to provider success in a patient-empowered care environment. Patients are consumers of healthcare, and a positive treatment experience impacts overall satisfaction. They’re ready to voice their opinions, let’s make sure you’re doing everything in your power to ensure their […]
How to Get the Most Out of A Virtual Healthcare Conference
In a landscape indelibly altered by the COVID-19 crisis, we’ve been forced to rethink how we can safely gather to educate, learn, and connect. As a result, a number of in-person conference events have restructured to an online format and many are joining the trend every day. Before you panic, this isn’t inherently bad news. […]
Uprising Trend of Telehealth in the Medical Industry
According to a survey taken by Medical Group Management Association, as many as 97% of healthcare providers now provide patient care via telehealth as a result of the pandemic. And it comes as no surprise considering that, to-date globally, there have been some 7.1 million COVID-19 cases and more than 400,000 related deaths. As a […]
5 Key Steps for Optimizing Practice Profitability During a Crisis
Maximizing profitability and cash flow is a perpetual objective for successful medical practices. In a time of crisis, however, healthy practice revenues become even more critical. Here we review the five key steps you can learn from and implement to optimize your practice’s profitability. Financial Resources Leverage the financial resources that make sense for your […]
Practice Survival, Options for After the Pandemic
Healthcare practices may be open, but it’s not business as usual. The coronavirus (COVID-19) pandemic has changed the way the world thinks and acts, and this is especially relevant in healthcare. Most practices stayed open but may have had to lay off non-essential staff due to decreased patient volume. Others increased virtual care, while all […]
COVID-19 Impacts to Healthcare Sector Real Estate
by Brian Zelenka – Vice President Marketing Thanks to COVID-19, a majority of healthcare real estate expansion plans, and future decisions regarding real estate, have stalled. Social distancing, shelter-in-place mandates, and the success of telehealth mean fewer medical office buildings and hospital developments will plan to break ground this year. Even though many practices are […]
Seven Steps for Reopening Your Practice: A Checklist
Every day, more practices are moving towards reopening their offices and preparing to resume regular patient care. Ensuring the safety of patients as well as staff means there are a number of considerations to take into account. Do you ever wish you could consult a universal physician practice guide to reopening? You’ve come to the […]