Abstract Patient appointments are the gateway to your practice’s revenue. If scheduling and appointments aren’t managed well, you’re going to have holes in your schedule…and your bank account. The pitfalls of patient scheduling–no shows, forgotten appointments, and cancellations–negatively impact the smooth running of your practice and your bottom line. Getting on top of scheduling means … Continued
Increase front desk revenue, step 2 of 5 Independent practice physicians care about two things when it comes to their practice: patient care and the financial health of their practices. Many physicians go into business for themselves because they want to be independent, and one of the biggest ways to ensure that your practice stays … Continued
Has your ICD-10 conversion created financial leaks? During this recorded presentation, you’ll learn how AdvancedInsight can help your practice pinpoint areas where money is being left on the table, growth opportunities for your practice, and create practice metrics catered to your office!
You may have noticed there has been a lot of buzz around payer contract negotiations lately, and for good reason. New mandates, healthcare exchanges, and higher co-pays/deductibles are making it more difficult than ever for the private-practice physician to get paid. Although the idea of going head-to-head with large health plans can often cause the … Continued
It’s harder than ever to run a successful independent medical practice. As value-based reimbursement becomes more common along with the fee-for-service model, in order to receive payment, physicians will need to demonstrate clinical outcomes while providing seamless care.
Improve billing practices to gain better control of your revenue cycle During this recorded presentation, you’ll learn how OpenEdge can help your practice streamline your payment processes, reduce the declined transaction rate, improve payment security and much more!
Introducing the new AdvancedMD ICD-10 Toolkit, a free app from the Apple App Store that gives private practices a suite of ICD-10 preparation tools. Track preparedness for ICD-10, compare ICD-9 codes with the ICD-10 equivalents, view potential risk assessments, use as a quick and convenient search for ICD-10 codes, add ICD-10 codes to charge slip … Continued
Verifying that your EHR and practice management bundle (or separate systems) is up for the ICD-10 challenge may be the most important step to ensuring your own compliance. This guide provides 12 critical questions that every private practice must ask its EHR vendor, or risk being left high and dry come October 1, 2015. Your … Continued
Dr. Orazio L. Giliberti, MD of Giliberti Eye & Laser Center is a busy ophthalmologist having built up his private New-Jersey-based medical practice of two providers over the past 30 years. He started using AdvancedMD revenue cycle management services in 2013 after evaluating five other billing services providers. His goals were to optimize his … Continued
The case study of Dermatology Associates of Eastern CT. This practice is a high-volume, five provider practice handling medical necessity and cosmetic procedures.
Without a clear financial view, physicians lack the ability to make informed, real-time decisions to benefit the practice. Many decisions are made with limited data or on instinct alone. New innovations in reporting technologies have provided private practices with hospital-grade technologies at a fraction of the cost. Financial reporting will become a key component in … Continued
Top-performing physicians care about two things: patient care and financial performance. Because a practice’s financial health directly affects the ability to provide excellent care, top physicians carefully evaluate billing procedures in order to collect all available. This guide illustrates why medical billing processes, staff, and technologies are critical factors in maximizing revenue capture.