We blog about things we learn in our work with practice owners and managers. We hope these articles help you.
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Practice management tips to stop the shrinking reimbursement
Know how much it really cost you to see a patient. Divide your annual operating costs plus the physicians wages by the number of patients you see each year. That's the number you need to know. Analyze payer performance. Look at your top 10 CPT codes and how the five highest
A prominent hospital unveils a great social media suite
Many healthcare professionals -- hospitals and doctors in private practices alike -- are fearful about using social media to connect with their communities. Among other things, they're worried about privacy issues and regulations (e.g., HIPPA rules). Yet, with more and more patients coming onto social networks -- and, especially, using
Stop Wasting Energy & Money
Medical practice revenue is tighter than ever. It's time for you to take critical steps to keep costs under control and improve profits. The first step to fixing the bottom line is to look for the waste. Wasted energy results in a loss of potential revenue and lots of frustration. There is waste throughout the typical practice,
Have you claimed your Place on Google?
Over the past year or two, Google has increasingly emphasized local web pages in its search results -- potentially a real boon for medical practices who have amassed detailed information in Google. One of Google's primary tools in delivering local results is Google Places, a profiling system that pulls information about an
Google alerts: stay on top of news that matters to you
Do you know what's being said online about your practice, or your specialty? With millions of blogs, forums and websites hosting articles and discussions on every topic under the sun, it can seem impossible to keep up with (or even to find) the conversations that matter to you. Fortunately, there is
Fight for your money
Did you know that 30% of the insurance claims submitted for payment of medical services in the United States are denied and of that amount 15% are never resubmitted? According to Medicare, 40% of their claims denials are never resubmitted. These are daunting statistics. Experts state that 70-80% of appealed claims are