Rx for Practice Management / Practice Management Advisor
RX
Showing 1–16 of 227 results
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12 steps for mitigating a Medicare audit
Summer 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 457
Abstract: The U.S. Department of Health and Human Services (HHS) has created a position of Chief Data and Analytics Program officer for its Office of Inspector General. This suggests that the HHS is increasing scrutiny of Medicare data, with a corresponding increase of audits expected. This article suggests 12 steps to take to help mitigate an audit should one arise.
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How can you improve the telemedicine experience?
Summer 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 696
Abstract: The COVID-19 pandemic has pushed the use of telemedicine to the forefront, a trend that will likely continue going forward. This article discusses some ways to help improve the telemedicine experience in physician medical practices. It highlights how important it is for physicians to clearly communicate to patients the services they can offer via telemedicine, while being straightforward about its limitations.
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Stay on top of medical practice challenges
Summer 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 765
Abstract: As the economy continues to stabilize in the aftermath of the COVID-19 pandemic, medical practices find themselves in a new landscape characterized by increasing use of technology and telemedicine — and new models for providing services to patients. Although the circumstances are evolving, the same basic challenges tend to recur for physicians and others managing a medical practice. This article offers a look at common problems and ways to solve them.
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Setting the tone – Make sure your website reflects well on your practice
Summer 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 831
Abstract: For a medical practice in 2021, a website is no longer a nice option — it’s a requirement. The COVID-19 pandemic has not only made it imperative for physicians to create ways to see patients virtually instead of in person, but also placed increasing emphasis on the practice website as an essential information source. This article looks at some of the features medical websites require to ensure effectiveness. A sidebar notes the importance of using marketing techniques on practice websites to attract and retain patients.
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6 ways to improve your revenue cycle
Spring 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 418
Abstract: Revenue cycle management (RCM) is one of the most complex medical office tasks. The various steps involve creating, processing and submitting claims, as well as collecting fees for services. This article suggests six ways to apply the standard principles of professional RCM to improve a medical office’s ability to get paid in a timely manner.
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Co-management arrangements – Rewarding quality and efficiency can be a win-win
Spring 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 615
Abstract: In difficult economic times, it’s particularly important for medical practice managers to assess any areas of their practices to locate systems that can be streamlined, simplified and improved. This article notes that making strategic changes will give practices a boost that can help them survive an economic downturn and thrive going forward. It explains that, while it’s not for every practice, clinical co-management is one tool that can help create incentives for improving service quality and efficiency while maintaining control.
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Is it a good time to buy a practice? Consider these factors before you make the leap
Spring 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 660
Abstract: Even in times of economic uncertainty, there may still be opportunities for growth. While some medical practices are struggling, others are doing well —and may want to expand their operations by acquiring a practice. This article looks at some factors potential buyers need to consider before purchase, including goodwill, transition details and revenue adjustments. It notes that with proper due diligence, an acquisition is more likely to succeed over the long term.
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What you need to know about practice valuation
Spring 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 821
Abstract: In these uncertain economic times, many medical practices are closing. To survive, others are considering buying a practice, merging with another practice — or possibly selling. The first step in any of these scenarios is to establish estimated value. This article explains the importance of using a professional, accredited appraiser to conduct a practice valuation, and discusses the items the practice will need to provide to the appraiser and the possible valuation methods that may be used. A sidebar notes the importance of ensuring compliance with relevant rules and laws before engaging in any transaction.
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Make the most of patient-facing technology
Winter 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 462
Abstract: Patient-facing technologies — or a medical practice’s phone system, website and patient portal — offer new and current patients ways to access the practice’s services. The importance of these technologies shouldn’t be underestimated. This article looks at each technology category and explains how practices can ensure that these technologies provide the best possible experiences for their patients.
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A good business plan can help your practice thrive
Winter 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 682
Abstract: For physicians who are obtaining loans to expand their practice — or simply to set up operations — generating a business plan makes sense. And with the current economic uncertainty brought about by COVID-19, it’s even more important. This article points out that a good business plan will enable physicians to operate a successful medical practice based on proven methods, allowing them to respond to their patients’ changing needs and continue to provide excellent health care regardless of the circumstances.
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7 steps to handle a down economy
Winter 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 722
Abstract: One ramification of the COVID-19 pandemic has been a down economy that has affected many sectors of our society — including medical practices. Physicians have felt the effects as patients have lost jobs and health insurance, have been reluctant to visit doctors’ offices because of fear of infection and have shifted to saving instead of spending. This article suggests seven steps that can help medical practices not only survive any downturn, but thrive in the long term.
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Should you outsource your billing?
Winter 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 870
Abstract: Deciding whether to handle billing in-house or hire an outside billing company is an important decision for any medical practice. While it’s true that not all physicians or their staffs have the experience, training and temperament to handle billing internally, it’s important to understand that a billing company typically takes 6% to 9% of the monies they handle. This article takes a look at the drawbacks — and benefits — of outsourcing billing. A sidebar lists four key metrics that will help physicians make the decision for their practices.
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How can you avoid “paralysis” when making key decisions?
Fall 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 480
Abstract: Being too aggressive with changes or improvements to a medical practice can cause confusion and resentment among staff, while not being aggressive enough may mean the changes don’t happen at all. To avoid paralysis in making improvements, this article offers some simple strategies to help physicians running a medical practice find a balance and make improvements successfully.
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Get ready for your closeup – Embrace telehealth
Fall 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 537
Abstract: The pandemic has accelerated the use of telehealth, and many physicians are finding it convenient, efficient and liked by patients. This article explains the importance of laying the groundwork for a successful telehealth strategy by ensuring the platform has strong security features and having good policies in place in case technology fails. The article notes that, rather than being an “extra service offering,” telehealth may become a significant part of many medical practices permanently.
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Nonphysician providers could enhance your practice
Fall 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 619
Abstract: In these volatile economic times, adding staff to a medical practice may be counter-intuitive. But hiring one or more nonphysician providers (NPPs) may help round out the staff, helping the practice respond more effectively to changing needs. This article points out that NPPs can fill a niche and provide high-quality services to patients while relieving pressure on the physicians.
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Lessening the financial impact of the pandemic
Fall 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 785
Abstract: The COVID-19 pandemic has had, and will continue to have, a large economic impact. Many physician practices have experienced a reduction in patient volume as patients have lost jobs and no longer have insurance. Even those who still have insurance may be reluctant to have elective procedures performed. This article suggests some steps medical practices can take to mitigate the effects of the economic slowdown, including appointing a patient care coordinator and leveraging telehealth. A sidebar discusses the possibility of shoring up finances by having some staff members juggle roles or outsourcing some duties.