Outsourced vs. In-House Dermatology Billing
Outsourced or in-house billing for your dermatology practice? The real cost, where revenue leaks, and five questions to answer before you switch.
We stay up to date on the ever-changing insurance market's impacts on your specialty for you...because it's basically a full time job in and of itself.
Medical clinics can be chaotic. Between nervous patients and disputes about copay, it’s not difficult to see why running a medical clinic smoothly can be quite a challenge. Yet, it doesn’t have to be. Below, we explain the four easy steps to managing your clinic efficiently:
When a provider receives payment over the amount payable for a service rendered, they have received an overpayment.
While overpayment happens in every practice, it creates problems when left unaddressed. Insurance companies typically issue the overpayment, but overpayment can sometimes come from the patient via excessive co-pay.
Each week, your office schedules hundreds of appointments. Scheduling duties like negotiating follow-ups, sending reminders, and creating new appointments are all pivotal to a successful clinical workflow. That said, they can also suck up a ton of your staff’s time, which is often at a premium.
Online scheduling software programs eliminate wasted time and increase medical office efficiency. Here are the top 5 reasons for considering an online scheduling software this year.
Operating a medical practice is more than just practicing medicine. Whether you’re a veteran physician with an established practice, or a novice practitioner branching out for the first time, the business side of your medical office can be overwhelming. You have two full time jobs…business owner and doctor.
You don’t have to do it alone. Medical practice management consulting helps independent practices achieve their goals without sacrificing patient care quality. They guide you through the business side of practicing medicine.
Here are 5 benefits you can expect from a practice management consultant.
How to and 101 on finding metrics that work for you!
Operating a medical practice is more than just practicing medicine. Whether you’re a veteran physician with an established practice, or a novice practitioner branching out for the first time, the business side of your medical office can be overwhelming. You have two full time jobs…business owner and doctor.
You don’t have to do it alone. Medical practice management consulting helps independent practices achieve their goals without sacrificing patient care quality. They guide you through the business side of practicing medicine.
Here are 5 benefits you can expect from a practice management consultant.
Payment processing is one of those things that should just work. You shouldn’t really need to spend much time worrying about it and no news is good news right? The problem is that the industry is largely predatory when it comes to contracting and rates, especially with medical offices. Worse still, support is quite frequently outsourced and/or has pretty low bar for the definition of support/services.
While many medical offices run like a business, they have drastically different needs for payment processing. The average business worries about protecting customer payment information. For a medical practice, however, a breach in security compromises patient medical information. Medical offices also have strong use cases for mobile payments, embedded statement payment options, online payment options and beyond.
Your practice’s most valuable asset is its people. They determine the type of practice you run, whether it’s friendly and efficient, or cold and unproductive.
Many smaller practices mismanage human resources. They don’t have a separate HR specialist or department, and the practice manager must negotiate HR issues and complaints.
Without proper handling, HR issues reduce office productivity and create hostile work environments. Below are the most common HR issues that plague medical practices – and how to fix them!
In a fast, demanding medical environment, an empty position can devastate productivity.
Hiring an ill-fitting staff member further damages productivity. Never mind the precious time training a person who can’t complete the job correctly, doesn’t fit culture, or is mis-aligned with expectations…the wrong hire creates even more work for the senior members, and you have to repeat the process as soon as you decide to move on and scrap the wasted resources.
Here are 8 steps to hire the right staff member for your practice (and save your productivity)!
Businesses need a solid accounting system and cash controls to succeed. While medical practices differ from traditional businesses in many ways, a practice with unbalanced books or without an eye on its books at all, will fail.
For many practice owners, accounting can be an enormous hassle. Generating financial reports and balancing books detracts time and money from medical services. Why should aging receivables and late payments prevent you from providing quality patient care?