Medical practices across the country are tackling some of the most complex processes by using spreadsheets and it makes sense: they are flexible, customizable, and low cost. But there are some things that don't belong in spreadsheets, no matter how much you might want to put them there.
You're running a practice you have a lot to do. In this blog post we'll discuss why outsourcing certain tasks is so important and how to do it properly so that it doesn't negatively affect your bottom line.
The trend is overwhelmingly in favor of clinicians joining large employed networks. This trend can leave independent medical practice leaders feeling isolated. And that isolation can further feelings of burnout and encourage incremental market consolidation.
When clinical reimbursement is declining or stagnant, every minute spent balancing administrative tasks amid clinical responsibilities becomes an opportunity. Inefficient workflows evolve from less than optimal decisions made among limited resources over time.
An answering service helps triage patient calls and also relays time sensitive messages and consult requests from other providers. Choosing an answering service is an important decision for a medical practice.
Rising Costs of IT Systems and of Data Collection Prohibit Analytics Making Rate Negotiations and APMs Difficult to Impossible
Independent physicians are frustrated with a perceived lack of power when it comes to payer contract negotiation and it may start with IT costs. Implementing a new EHR may cost a solo physician practice upwards of $150,000 with ongoing annual fees over $50,000 per year.
Top 5 Proven Ways to Grow Your Healthcare Business Today. #5 Invest in your future. An experienced consultant can be an effective and efficient sounding board.
Top 5 Proven Ways to Grow Your Healthcare Business Today. #4 Refresh your pitch. Armed with a concise pitch, ensure your whole team understands it and buys in.
Top 5 Proven Ways to Grow Your Healthcare Business Today. #3 Get the word out about why you’re different.
Top 5 Proven Ways to Grow Your Healthcare Business Today. #2 Don’t undervalue reviews. Few businesses stop and take the time to categorize this information.