The Smart Medical Practice

We understand the challenges facing private providers – shrinking reimbursement rates, increasing compliance mandates and an influx of newly insured patients, some who haven’t seen a physician in years. Naturally, these challenges have some practice managers struggling to find ways to boost revenue, or at least slow down the declining profit margin. Professional practice consultants,

Text messaging can simplify communication with patients in a medical practice; however, it is also risky if the doctor and staff members do not take measures to improve security. It’s important to be aware of the HIPAA compliance rules surrounding sending sensitive information. Here are some way to ensure that sending a text message is

Legal experts advise physicians to start preparing for the sale of their practice several years in advance. Careful planning ensures accurate valuations so that physicians are not compelled to sell their practice during unfavorable market trends. Retaining a team of professional appraisers, accountants and attorneys who specialize in medical practice transactions is also advisable. Entities

One of the greatest challenges facing health care companies today, from the smallest private practice to the largest hospital, is how to retain quality physicians. No health organization wants to lose a good doctor. It not only takes time and effort to recruit a replacement, but the departing physician takes with him or her knowledge

  EHR’s have come the distance since they were introduced. REVENUE CYCLE MANAGEMENT At this point, EHRs are about much more than how encounters are recorded. If you’re looking for a smoking gun, think revenue management. Without a fully unified practice-wide system, you’re in danger of failing to create the type of efficiencies and revenue

Physicians work more than most people realize. In fact, the time they spend helping others through their medical practice often leads to serious imbalances in their own lives. While it may be impossible to fully alleviate this difficulty, there are some steps that physicians can take to bring more equilibrium to both their jobs and

We all like to feel like things are under control, especially when it comes to our business. When you’re running a physician practice, that’s a tall order. There are so many moving parts—from front office tasks like checking eligibility to tracking every part of the billing process to keeping a close eye on your overall

When it comes to medical technology, many physicians are adopting a new EHR system or have adopted more than one EHR system over the last decade. By understanding the basics of how an EHR system works, it is easier to determine if it is appropriate for your medical practice and how it can be applied

Unfortunately, medical practices cannot be fully guaranteed for protection against cyberthreats by even the most cutting-edge computer software. Medical practices and healthcare clinics and hospitals are notoriously known for having poor data security and cybersecurity measures, despite the sheer volume of sensitive patient information that flows through their system. However, specific plans and actions can

Advances in technology have made it possible to communicate with patients via electronic devices, but that does not mean it is always a smart decision. Physicians should always be aware of the potential pitfalls and downsides associated with electronic communication solutions. Accidental Breach of Privacy As a physician, you are responsible to maintain doctor-patient confidentiality