Gain Insight into Industry Related and Company News to Help Grow Your Business
Medical practices everywhere are constantly facing new changes in the industry. The constant development of new technology and tools is incredible for the advancement of medicine. But as new developments and trends pop up across the field, it can be hard to keep up. Below are 9 trends for the
Value-based care has revolutionized the healthcare industry. This model rewards providers for achieving positive outcomes with their patients and clients. It promotes helping a patient reduce the impact of chronic disease or achieving overall positive results rather than the traditional fee-for-service model. Healthcare providers everywhere are turning to this model
Physician burnout in the United States is damaging health systems everywhere. It has a negative impact on the quality of medical care, personal satisfaction in one’s career, and a provider’s ability to effectively help patients. Compared to a toy’s battery running out, the provider’s energy level and ability to work
Healthcare compliance is everything when it comes to protecting your practice and patients. Should your practice not comply with industry standards and regulations, you become susceptible to security risks, missed revenue, and danger. Below are some of the top healthcare compliance issues for 2020 and what you can do about
Theories about the future use of AI in healthcare have existed for decades. The idea that robots will take over our care and artificial intelligence will change the medical landscape forever is often seen in science fiction. Does AI have a place in healthcare? The truth is, it already does.
Social Determinants of Health are the conditions in which someone is born into, grow in, live in, work in, and age in that shape their health across their lifetime. For some, they can act as an obstacle to obtaining quality medical care. Medical professionals across the country are working to
Is your practice trying to decide whether or not to outsource medical billing services? Your team may be weighing the factors and trying to determine the best route to take to optimize its revenue. With a healthy revenue cycle, your practice can grow, and your team can offer the best
COVID-19 has had a huge impact on patient experience in 2020. At the start of the pandemic, medical facilities were reporting record-low patient volumes. Now, nearly 6 months later, providers are starting to see their visits return to pre-pandemic numbers. Providers who have focused on improving the patient experience are
In order to grow your bottom line at your independent medical practice, you need to reduce claim denials. Denied claims as well as missing or late charges are two of the most common reasons for lost revenue at an independent medical practice. In order to avoid this, you need to
A quality practice management system is essential to keeping your practice organized and efficient. To keep patient records, billing information, and other aspects of your practice organized, you should implement quality software. Finding a practice management system that offers time-saving features will not only help you get more accomplished in
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