Patient turnover threatens the financial stability of private practices. Studies have shown patients rarely leave a practice due to distrust in a physician’s skills, but rather due to frustrations with office procedures and staff. With several economic factors impacting small private practices, fostering loyalty with patients is more important than ever. Physicians must improve the … Continued
You may not be able to define EHR interoperability, but you can’t ignore it. It’s impacting your private practice, especially if you don’t have it. Manual, paper processes are time-consuming and expensive. The ability to share patient information is a driving force behind EHR – better information leads to better health outcomes.
When considering EHR, practices often remain status quo because it seems easier and less expensive than adopting change—but this way of thinking is shortsighted and could drain thousands in profits—up to $42,000 per year, per physician. Learn the five myths of remaining status quo, why you may being held back, and the impact to your … Continued
Stage 2 focuses on many Stage 1 requirements, however, many optional objectives will become mandatory, including a special focus on electronic health record exchange with patients and other providers. Learn what you need to do today to qualify for maximum reimbursement.
Use the tools and reports within AdvancedMD to support industry standard best practices in revenue cycle management. To further leverage your AdvancedMD practice management system and secure reimbursements, we created AdvancedMD Training and Companion Guide to step you through each stage.
Now, more than ever, medical providers are facing pressure to focus on the business side of their practices in order to remain profitable – or, in many cases, just to keep the doors open. Once considered an annoying distraction from more important clinical work, escalating practice management and clinical efficiency/documentation issues have sent providers scrambling … Continued
In this guide we’ll explore what it will require to transition to ICD-10 CM/PCS. This tremendous effort can incur incredible cost for private health care organizations. The root of the issue, as we have recently learned from the HIPAA Format 5010 transition, goes much deeper than merely upgrading billing staff acumen. It stems from legacy … Continued
Market analysts estimate that the U.S. Healthcare System is so inefficient that 24 cents out of every dollar are wasted on administrative and billing expenses. This article discusses why outdated office technology and software can impact the bottom line with inefficient billing processes and superfluous administrative expenses.
Jed Shay, MD
The Pain Care Center
Keith Berkowitz, MD
Center for Balanced Health
Estaban Lavato, MD
La Loma Medical Center
Raju Raval, MD
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