Rising patient expectations and consumerism have been significant trends prior to 2020 and have grown exponentially with what seems like a second wind through the protracted pandemic recovery. We created this eBook to explain why patient behavior is following a consumer-behavior model. Inside you’ll learn why consumerism is being driven by escalating out-of-pocket costs and … Continued
What would you do if you could practice from anywhere? And do anything? Without effort and without waiting? And everyone could stay connected? And patients loved their experience? Introducing your practice: automated, refined, evolved, with extraordinary outcomes. Watch the AdvancedMD overview video to learn how you can create a patient-centered practice with a complete cloud … Continued
Revenue collection is a necessary part of your clinic operations, but it’s also one of the most difficult. From large multi-specialty, multi-provider, multi-location to small independent physician clinics with a single provider, revenue collection remains one of the most frustrating parts of private practice. The financial pressures of running a clinic are one of the … Continued
CMS released the 2021 Physician Fee Schedule in August. If you missed the news at the time with everything going on with COVID-19 and other healthcare challenges, it’s important to understand what changes were included and how it can impact your clinic in the future. We’ll cover some important things contained in the 1,353-page proposal … Continued
Through more than 20 years of providing billing systems and services for tens of thousands of independent practices nationwide, we’ve gleaned six key billing tips that have made the biggest difference for practices in getting more of their reimbursement faster. In reality, they’re more than tips. They are fundamental billing processes every practice should have … Continued
Earlier in 2020, CMS released the Interoperability and Patient Access Final Rule, and policy that impacts a wide variety of care providers in an effort to provide patients with better access to their health information. The rule, which was slated to go into effect over the course of 2020 and be in effect by January … Continued
Parts one and two of our blog post covered some key ways you can better optimize your revenue cycle, rather than just managing it. Using technology to your advantage and making some small tweaks to your workflows can help you improve your bottom line immediately. Here are two additional things to keep in mind. Best … Continued
In part one of this blog post, we covered two best practices for finding a revenue cycle management system that not only “manages” your clinic billing and collections but optimizes it to increase total revenue and improve your bottom line. Here are a few more ways you can optimize your RCM to bring in more … Continued
You’ve probably heard people say that the definition of insanity is doing the same thing over and over again and expecting different results. That’s not actually the definition — Merriam Webster defines insanity as “extreme folly or unreasonableness; something utterly foolish or unreasonable” — but the point is well taken that doing something that hasn’t … Continued
Historically, most practices were geared toward government and commercial payers for the majority of their collections. However, the shift to greater patient financial responsibility has increased the resources needed in order to collect the money owed to you. Research indicates that many patients prefer to go paperless (eStatements/ePayments) when it comes to their healthcare bills. … Continued
Growing and expanding a private medical practice in today’s current economy can be quite a challenge. The coronavirus pandemic has changed everything about the way we live our lives and handle the operations of our businesses, including the qualifications for small business financing. After paying staff, overhead, and expenses, it can be difficult to find … Continued
Did you know that different pharmacies charge different amounts for the same medication? What if there was a way to not only find the best price for prescriptions and medications but also get a discount? It doesn’t matter if you are taking one medication or several, everyone wants to know what the out-of-pocket expense is … Continued
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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