For a small practice, the idea of introducing data measurements to improve profitability may not seem like an affordable idea. But if your practice can make more money by engaging in data management, then the end result would seem to justify the added expense. Economics experts always say that the profitability is in the numbers

Do your medical billing processes feel overwhelming? The right medical billing software can help your office billing procedures get more accurate, streamlined, and profitable. What is Medical Billing Software? Medical billing software is a huge asset to your office’s workflow and financial management. This software can help you manage appointments and schedule reminders. It can

Transparency helps you build trust with your patients. Transparency is important, and the Sunshine Act helps keep health care professionals and those who manufacture drugs, medical devices, and other medical supplies transparent in their interactions with each other. As medical office staff, your role is to run your practice in a manner that complies with

Time and time again, EHR has continues to remain the winner for practitioners.  Despite adoption concerns with doctors over seamless implementation, electronic health records give doctors the ability to achieve positive returns on investment with the money they have put into EHR. The primary reason:  was an increase in the number of patients each clinician could

Physicians are not normally the segment of the population that comes to mind when one thinks of filing fraudulent tax returns. Filers of bogus tax returns aim to defraud the federal government out of millions of dollars. The Culprit Uncovered? While no one theory has been proven as the reason for this spike in fraudulently

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,

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

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

Online Billing Almost everything has an electronic component to it. And the things that don’t are quickly shifting there. Consider email, e-commerce, and e-trade. Why not e-billing? As it turns out, paper bills are becoming an unnecessary hassle. According to the Medical Group Management Association, a medical practice must send out more than three paper

When it comes to medical practice efficiency, appointment scheduling serves as one of the most essential components in managing front office workflow and revenue. If your practice chooses a high-quality medical scheduling software program, this can remove longer wait times. To help you make that decision, we’ve reviewed the top options for medical appointment scheduling