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Weekly Checkup: January 13-17
We’re feeling chilly here at Power Your Practice HQ. It dipped all the way down to 50 degrees in Miami last night, which is downright Arctic for a city whose natives have no clue what long johns are....
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4 Secrets to Enriching Your Revenue Cycle for 2015
Billing and collections are the lifeblood of a profitable medical practice – no surprise there. In fact, a Practice Profitability report from CareCloud and QuantiaMD finds physicians most often target...
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How Automated Billing Rules Can Boost Your Medical A/R
Let’s face it – keeping track of all those medical billing rules from different payers can be tough. And it’s not just the sheer number. Insurers keep changing the rules of the game along the way....
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Accounts Receivables: Shouldn’t We Be Paid on that Claim by Now?
It’s complicated. Follow up on medical claims from one payer in 30 days but wait to track payment from another for two months? What about that third payer that usually takes 90 days or more? Trying to...
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Why You Could Be Missing 11% of Your Revenue
The revenue cycle for medical groups seems to get only more complex and difficult to manage. In our Maximizing Your A/R series, we look at how medical practices can attack revenue shortfalls on more...
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Why You’re Seeing Fewer Workers’ Comp Cases
Since 2003, legislators in 33 states have passed workers’ comp laws that reduce benefits or make it more difficult for those with certain injuries and diseases to qualify for them. In 37 states,...
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Many Medical Groups Remain Unsure About Protecting Patient Data
Recent cybersecurity events triggered the loss of patient, financial or organizational data for about 1 in 5 healthcare organizations, a new survey reveals. If you feel overwhelmed by the possibility...
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How Much Will That Cost? More Patients Checking Healthcare Prices Up Front
When deciding whether or not to make a purchase in a store or online, knowing the price in advance is important for most people (I know a family with their own private jet, and I’m not including them...
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How to Connect: Large Physician Group Makes a Call on Telemedicine
Telemedicine can make sense when your patients come from far and wide, you offer unique expertise, or you’re looking to add an ancillary service to your growing medical group. And with telehealth’s...
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5 Surprising Findings from the 2015 Practice Profitability Index
Do you want to know how more than 5,000 physicians across the United States feel about their prospects for profitability? Physician sentiment about their businesses is starting to trend into more...
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