Physicians Show Optimism and Resolve in 2016
This article was originally published by HIStalk Practice, healthcare IT’s go-to site for practice news, rumors, and opinion since 2003. Delivering high-quality healthcare while simultaneously maintaining a profitable practice remains a tough challenge for physicians across the country. Evolving reimbursement requirements and a constantly shifting industry landscape pull physicians away from patient care and leave […]
Top 3 Reasons Physicians Predict a Positive Business Outlook Next Year
Optimism among physicians appears to be growing. The Third Annual Practice Profitability Index (PPI) shows a trend toward a positive business outlook not seen in years past. The survey of more than 5,000 physicians in 50 states reveals how doctors feel about profitability, financial challenges, and practice performance. Among the findings, the advances U.S. doctors […]
7 Best FDA Approved Health Apps — An Update
As the mobile health industry continues to rapidly expand with no signs of slowing down, FDA regulation of health apps has evolved too. Today, there are more than 100,000 mobile health apps on the market for Apple and Android devices, with mobile health revenues projected to jump to $26 billion by 2017, according to Mobile Health Economics. In […]
3 Ways Cloud Security Can Offer Greater Data Protection
A whopping 80 million people affected by the data breach at health insurer Anthem in February 2015. The month before, 11 million patient records compromised in the Premera BlueCross BlueShield breach. More recently, illegal access to another 10 million people’s protected health information occurred at Excellus BlueCross Blue Shield. It’s perhaps no surprise that healthcare […]
How to Connect: Large Physician Group Makes a Call on Telemedicine
Telemedicine can make sense when your patients come from far and wide, you offer unique expertise, or you’re looking to add an ancillary service to your growing medical group. And with telehealth’s reach expanding, the 143,000+ member strong American College of Physicians offers advice for doctors considering connecting with patients remotely. Their take on telemedicine […]
How Much Will That Cost? More Patients Checking Healthcare Prices Up Front
When deciding whether or not to make a purchase in a store or online, knowing the price in advance is important for most people (I know a family with their own private jet, and I’m not including them here). For the rest of us, buying airplane tickets, a new tablet or a car typically […]
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 […]
Many Medical Groups Remain Unsure About Protecting Patient Data
Recent cybersecurity events triggered the loss of patient, financial or organizational data for about 1 in 5 healthcare organizations, a new survey reveals. If you feel overwhelmed by the possibility of a future data breach, you’re not alone. Turns out 42% of healthcare leaders and information security officers believe there are too many emerging 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 […]
Should Your Practice Charge Patient No-Show Fees?
Madelyn Young contributed to this post Despite your staff’s best efforts to remind patients of their appointments, you’re still likely plagued by one or two no-show events every day. The MGMA has estimated that medical practices average a 5% to 7% no-show rate. But that’s not so bad, right? After all, you can’t expect every single […]