Health Care
11.03.22
Navigating an Understaffed Workforce
Kevin Omahen
Much like everything else, there is no certainty as to how long the labor shortage will continue. That said, there are a few strategies to address this issue: Cross-Train. There are plenty of responsibilities that can be delegated to other staff. Ask your team what responsibilities they may have that they could teach someone else […]
07.15.22
Developing Your Practice
Kevin Omahen
What are you looking for? Physicians are constantly juggling three aspects of their life: Professional, personal and social. Understanding what your priorities are and what you are willing to sacrifice is a key element when considering growth in your practice. If you grow your medical practice will you be willing to sacrifice personal time to […]
06.07.22
How To Choose the Right Scheduling Approach
Kelly H. Buchheit
Among the top patient complaints is waiting too long to see a doctor. And all too often, it is with good reason — practices simply do not implement good scheduling practices. Many practices randomly fill in appointments where there is a slot, regardless of what the patient is there for. As a result, the daily […]
04.08.22
Starting a New Practice? Be Sure To Write a Business Plan
Kelly H. Buchheit
Many medical practices have been faced with both financial and practical challenges over the past two years because of the many effects of the COVID-19 pandemic, some temporary and some lasting. As a result, when starting up a new practice, you need to ensure it is designed to survive and thrive in this new environment. […]
03.31.22
Maximizing Reception
Kevin Omahen
A medical practice’s reception is the first stop of every patient’s visit. Receiving a warm welcome is important to most patients. However, a friendly hello is not the only job of the front desk administrative assistant. There are a number of other responsibilities that need to be performed properly in order to have a smooth-running […]
01.20.22
What Can You Do About Claim Denials?
Kelly H. Buchheit
Among the most essential characteristics of a financially healthy medical practice is claim acceptance and timely payment. In the current volatile economy, it is even more important to ensure that your billing process runs smoothly and that you avoid bumps in the road caused by too many claim denials. Here are some ways to increase […]
12.13.21
Five Financial Strategies To Improve Your Practice’s Profitability
The COVID-19 pandemic negatively affected many physicians’ practices in 2020 — and even continued into 2021. As medical practices begin to rebound, this is an especially good time to evaluate your financial strategies to determine what is still working and what needs to be improved. Related Read: Proactively Overcoming Industry Challenges Is there room for improvement? […]
11.29.21
The Telehealth Tax Checklist
Jason Flahive
Your telehealth tax questions, answered Health care practices implementing telehealth often focus their efforts on the marketing, technology, security and logistics of providing health care services to their patients and occasionally overlook tax and state regulatory considerations. The very nature of telehealth, which allows for patient care delivery across state lines, requires a careful analysis […]
10.18.21
Challenges to Recognizing Revenue for Telehealth Visits
Revenue recognition is difficult at the best of times — if the number of resources on the topic across the Internet is any indication. However, when it comes to telehealth, revenue recognition can seem downright impossible. After all, you are performing a healthcare visit, potentially across thousands of miles. You do not only have to […]
08.09.21
Proactively Overcoming Industry Challenges
Kevin Omahen
With the onset of COVID-19, all industry sectors have been dealing with a multitude of issues. In the health care sector, practices have not only been faced with employee retention issues, but also practice management issues which will be discussed below. Challenges and solutions In looking at the top challenges that medical practices face, the […]
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