February 2014 - Practice Management Software. Medical Billing Services. Telehealth TeleMed

The Controversy of Cloud Based Rehabilitation Therapy Documentation

Posted on February 28, 2014 By Michael Sculley

Of the 204,000 Physical Therapists, 113,000 Occupational Therapist, and 134,000 Speech & Language Therapist, more use paper charts to capture therapy notes than use electronic medical records. But when it comes to billing, the case is exactly the opposite as electronic billing has essentially ...

Practice Management

10 Handcuffs Keeping Your Medical Billing Business Small And Poor

Posted on February 25, 2014 By Michael Sculley

What is it that makes a Revenue Cycle Management Company different from its less sophisticated sister, the Medical Billing Service? The point of locus can be typified in the analogy between a bookkeeper vs. a CFO. As a bookkeeper my focus is on receipts, the accurate posting of expenditures and in...

Practice Management

Reports of the Death of Solo Physician Practices: Greatly Exaggerated

Posted on February 24, 2014 By Michael Sculley

The latest trend in physician services seems like it’s hospitals hiring doctors as their employees or owning the practice jointly with the physician. Although this focus on hospital as employer with the doctor as employee is on the rise, this statistic does not tell the whole story, and it cer...

Practice Management

Nurses Want Seat at Medical Billing Software Table

Posted on February 23, 2014 By Michael Sculley

Although all nurses today rely on modern technology to perform their job as efficiently and accurately as possible, a discrepancy exists between using technology and providing educational opportunities to nurses who are involved in nursing education. An assistant professor and registered nurse worki...

Practice Management

Cost of Implementing ICD-10 Higher than Expected

Posted on February 20, 2014 By Michael Sculley

Implementing ICD-10 by the October deadline may be more costly than initially expected. In the updated report entitled “The Cost of Implementing ICD-10 for Physician Practices,” Nachmison Advisors estimated costs dramatically higher than initial estimates from 2008. Large healthcare provider: $2...

Practice Management

Want to Grow? – 5 Simple Steps to Adding Billing Service Clients

Posted on February 19, 2014 By Michael Sculley

Are you looking to grow your medical billing business? We’ve got a surefire plan we’ve seen work time and again. Here’s how it goes: Don’t fumble the basics. You’ve got only a few minutes to convince a physician or practice manager that you’re extremely knowledgeable about billing and th...

Practice Management

Is Revenue Cycle Management Software Really Worth It?

Posted on February 18, 2014 By Michael Sculley

State-of-the art, cloud-based Revenue Cycle Management is a significant investment, so the owner of a Medical Billing Company must ask themselves whether it is worth the cost. The answer? Only if you want your business to succeed. Over the last several weeks, we’ve talked about the changes occurri...

Practice Management

Doctors Continue to Air Concerns

Posted on February 17, 2014 By Michael Sculley

Complicating an already chaotic health care system further uprooted by the implementation of the Affordable Care Act is an act of what some doctors feel is bribery by the government to digitize patient documentation. After spending over $25 billion to “assist” physicians in updating thei...

Practice Management

Physicians, Pharmacists, and Medical Billing

Posted on February 13, 2014 By Michael Sculley

Although a pharmacist’s primary job is to follow prescription instructions as written by a physician and dispense the type and dosage of medication indicated on the prescription, pharmacists will likely be playing a more comprehensive role in the physician-patient relationship in addition to c...

Practice Management

90% of Physician Practices Not Ready for ICD-10

Posted on February 12, 2014 By Michael Sculley

With the October 2014 deadline for physicians to transition from ICD-9 to ICD-10 approaching, less than 10% of private practices are ready. In a survey of medical professionals, Porter Research found that even though 87% of respondents said they are confident they will be ready when the time comes...

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10 Handcuffs Keeping Your Medical Billing Business Small And Poor

Nurses Want Seat at Medical Billing Software Table

Cost of Implementing ICD-10 Higher than Expected

Want to Grow? – 5 Simple Steps to Adding Billing Service Clients

Doctors Continue to Air Concerns

Physicians, Pharmacists, and Medical Billing

90% of Physician Practices Not Ready for ICD-10

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