Is your practice running efficiently? Are you using best practices in scheduling, patient communication, operational workflows, and medical billing? Many clinical practices don’t really have the answers to these questions. You may know that there are some potential bottlenecks in your clinic workflow, or that the average days your collections remain in accounts receivable … Continued
How efficient is your medical practice? From the time you spend stocking your exam rooms because things aren’t in the right place, typing notes about each patient encounter into your EHR software, or trying to find a member of your staff, those minutes add up throughout the day. As more small and independent medical practices … Continued
If you have flown on a commercial airline anytime since 2005, chances are you have used a self-service kiosk to check yourself in, get a boarding pass, and maybe even put the tags on your own luggage. Today grocery stores, fast food restaurants, and many other vendors understand how beneficial it can be to let … Continued
Medical providers and staff have always been busy and trying to provide care for patients while also running the business side of a clinic is challenging. Add that to the increasing regulations, processes, and requirements from payers for programs like MACRA and MIPS, and it can leave everyone in your practice feeling overwhelmed. While you … Continued
Rhythm master suite just got a whole lot smoother. Watch video This release further improves the core AdvancedMD user experience with more unified workflow across all our product tiers. Many features have been refined to give you and your staff faster access, better visibility and more control. All capabilities, features, and enhancements continue to give … Continued
Rhythm master suite just got a whole lot smoother. See what we’ve done to make our Rhythm master suite a whole lot smoother in the release announcement video. This release further improves the core AdvancedMD user experience with more unified workflow across all our product tiers. You’ll learn the many features that have been refined … Continued
In part one of this blog post we covered two common reasons that small practices may not be earning all the revenue they should from patient care they provide—inadequate payment collection processes, and improper coding. Here are three more ways practices could be losing money. Denied Claims A biggest problem for small practices, especially … Continued
How Private Practice can Thrive during COVID-19 and Beyond From the early stages of the COVID-19 pandemic, healthcare providers have been reaching out to us expressing some of the most difficult decisions they have ever been faced with. Practices are struggling to keep their doors open as costs mount, and revenue has fallen significantly. Practices … Continued
Compared to almost any other industry, the healthcare payment system is strange. Your local coffee shop wouldn’t provide you with a latte then send you (or a third-party payer) a bill later, hoping to collect most or all of what you owe. Even industries that do provide services up front without full payment (like a … Continued
The ‘new normal’ will largely be what you make of it. If your objective is to just get back to normal, the way things used to be, you may find yourself disappointed and passed by as new trends and changes emerge. Over the past few months, we’ve seen encounters plummet by 50 percent or more. … Continued
How well does your small practice manage its finances? For many, the challenge of creating and maintaining peak operational efficiency is difficult, especially since you are likely wearing a lot of hats—clinician, CEO, CFO, and more. The problem for many small and medium-size independent practices is that not paying close attention to your finances could … Continued
Medical practices that take time to implement some key patient engagement strategies now will be in a better position for medical payment collection now and in the future.