Work smarter, not harder to keep your practice running as efficiently as possible: Delegate! Don't perform tasks that don't require an doctor. Examine your activities frequently, and get staff input about ways to do them more efficiently. Delegate as many … Read More
With declining Medicare reimbursements, the impending ICD-10 transition in October, and growing patient responsibility for payments, physicians are increasingly concerned about how they are going to get paid. Here are five tips to help you maximize your revenue cycle: New … Read More
What does your practice’s denial rate look like? If it is higher than 4 percent, you need to take action. By implementing these simple steps, you can help to avoid billing mistakes and denied claims. Verify Insurance Not verifying insurance … Read More
Are you feeling the pinch now that the federally funded Medicaid primary pay bump has expired? If so, you’re certainly not alone. Many primary care doctors in Colorado who see Medicaid patients this year will get a fee cut averaging … Read More
Medical practices of all sizes must make decisions that not only are for the betterment of the services provided to patients, but also for the financial health of the practice. One such decision to be made is if outsourcing to medical … Read More
Surgeons spend years developing the skills they needs to perform complicated surgeries. Their intelligence is admirable. Their dexterity is amazing, and their knowledge can be awe-inspiring. A patient needs to believe these things about the man or woman who will … Read More
If you wonder whether you employ too many or too few clinical staff in your medical practice, you’re not alone. Many physicians share this concern and don’t know how to assess what the right number is for their practice. Fortunately, there are … Read More
The face of healthcare has changed. With the new Affordable Healthcare Act, many small private practices have been inundated with new patients clamoring to get in and be seen. Physicians are trying desperately to keep up with the demand, and … Read More
Health care reform has ignited much debate on health care costs and how compensation should be calculated for services. Physicians and insurers alike have strong opinions about the value-based and quality-of-care metrics put in place by the Affordable Care Act. … Read More
As doctors many of you dreamed of helping the sick, the needy and the poor because it is the right thing to do. After surviving the crucible that is med school, many of you emerged with mountains of debt and … Read More