Rx for Practice Management / Practice Management Advisor

RX

Showing 1–16 of 243 results

  • Hello and welcome! Decreasing your no-show rate

    Summer 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 444

    Abstract: Every medical practice has its share of “no-shows,” when a patient misses an appointment without canceling in advance. No-show rates can range from 15% to as much as 30%, and the costs can add up. This article offers seven tips medical practices can use to reduce the number of no-shows. It points out that while missed appointments are a fact of life for any practice, it’s possible to diminish their impact on scheduling and find ways to decrease how often they occur.

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  • The ins and outs of Medicare audits

    Summer 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 618

    Abstract: Medicare audits are an unpleasant fact of life for physicians and their medical practices. In today’s highly automated environment, in which claims data can be analyzed quickly and easily, any physician who practices medicine long enough will almost certainly wind up at the receiving end of one. This article offers suggestions on how physicians can ensure they withstand a Medicare audit — and come out on top by staying aware of how audits work and knowing how to respond to one.

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  • Are you suffering from revenue leakage?

    Summer 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 658

    Abstract: In the face of constant reimbursement headwinds, efficient and effective fiscal policies are vital to prevent revenue leakage in a medical practice. This article suggests ways to tighten up business practices, including having a solid cash flow system and delving into the details of payer contracts. It notes that it’s important for any medical practice to stay on top of all these issues to avoid being blindsided by a problem that could have been avoided.

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  • Not bigger, better – How to safely grow your medical practice

    Summer 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 856

    Abstract: In the context of a medical practice, more patients aren’t necessarily better — especially if the practice can’t handle the load, staff stress levels are high and morale is low. If a practice has more patients than it can handle and it still isn’t profitable, growth clearly isn’t helping matters. This article suggests that physicians need to redefine “growth” as “profitability.” It looks at several ways a medical practice can improve profitability, including optimizing volume and using targeted marketing. A brief sidebar notes some key performance indicators to use.

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  • Tips for hiring the best staff for your practice

    Spring 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 422

    Abstract: Since the COVID-19 pandemic hit our economy, labor issues have become paramount for many businesses, including medical practices. Many are struggling to find good staff but not receiving enough good applications. This article explains that physician practices might need to reconsider their search requirements — not to lower their expectations, but to rethink exactly what they’re looking for to ensure the staff they hire are a good fit.

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  • How to choose the right scheduling approach

    Spring 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 674

    Abstract: Among the top patient complaints is waiting too long to see a doctor. And with good reason — many practices simply don’t implement good scheduling methods. This article highlights three broad types of scheduling schemes: the traditional, or standardized, method; the wave, or steady stream, approach; and the modified wave approach. The article notes that practices need to weigh specific factors, such as the type of practice it is and whether most care provided is routine or specialized, when deciding which type of scheduling would work best.

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  • Starting a new practice? Be sure to write a business plan

    Spring 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 662

    Abstract: Many beginning 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. They can’t casually assume that, if they treat patients and pay the bills on time, their new practices will be fine. They need to plan their operations strategically — and creating a business plan can help provide them with a blueprint for success.

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  • Getting a good reception – 5 signs your front desk has a problem

    Spring 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 798

    Abstract: A medical practice’s front desk is the first face-to-face interaction patients have with staff, and first impressions matter. It’s important for physicians to be aware of any potential problems in the reception area and address them. The article points out that front desk issues can negatively affect a medical practice, possibly reducing patient retention — and the practice’s bottom line. A sidebar offers some pertinent questions to ask on patient surveys.

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  • Nonmedical staff and external support can make all the difference

    Winter 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 419

    Abstract: Nonmedical staff members and external support providers play integral roles in many practices’ operations. They can make all the difference in quality of care and profitability. This article explains some of these staff roles and how they can improve a medical practice’s patient interaction and financial stability over time.

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  • How to handle a problem employee – Options to consider before conflict arises

    Winter 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 565

    Abstract: It’s important for physician practices to ensure that the staff members they hire are both qualified for the position and fit well into their practices’ missions and cultures. Despite these efforts, it’s always possible to end up with a problem employee. This article suggests some ways to prevent this situation. It also explains strategies for dealing with employee problems if they do arise.

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  • What can you do about claim denials?

    Winter 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 599

    Abstract: Among the most essential characteristics of a financially healthy medical practice is claim acceptance and timely payment. In the current volatile economy, it’s even more important for practices to ensure that their billing processes run smoothly and that they avoid bumps in the road caused by too many claim denials. This article provides some ways to increase claim acceptance.

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  • 5 financial strategies to improve your practice’s profitability

    Winter 2022
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 902

    Abstract: The COVID-19 pandemic negatively affected many physicians’ practices in 2020 — and even into 2021. As medical practices begin to rebound, this is an especially good time for medical practices to evaluate their financial strategies to determine what’s still working and what needs to be improved. This article suggests some ways practices can improve profitability going forward, such as analyzing objective benchmarks and ensuring staff understands payer contracts. A sidebar offers some key benchmarks practices can use as metrics.

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  • Mitigate the risks of telemedicine

    Fall 2021
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 443

    Abstract: It’s likely that telemedicine will be a continuing presence in health care. Although it has many positive aspects, there are two primary areas of risk associated with telemedicine: medical errors and cybersecurity. This article discusses these risk areas and ways to mitigate them.

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  • Defining and implementing the role of a medical assistant

    Fall 2021
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 575

    Abstract: Medical assistants (MAs) typically engage in a broad range of activities within a medical practice. They may perform clinical duties, such as taking medical histories and explaining treatments to patients. They also often perform administrative duties, such as answering the phone, welcoming patients, using computer applications, and updating and filing medical records. This article explains how an MA can contribute value to a medical practice.

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  • Is outsourcing right for your practice?

    Fall 2021
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 645

    Abstract: In a rapidly changing health care climate, it pays to put all options on the table when considering improvements to a medical practice. Some of the ways practitioners traditionally have done business may be holding the practice back. This article suggests physicians might want to consider outsourcing some activities to ensure their practices continue to thrive.

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  • 7 ways to improve patient satisfaction surveys

    Fall 2021
    Newsletter: Rx for Practice Management / Practice Management Advisor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 785

    Abstract: Increasingly, physician reimbursement is being affected by patient satisfaction scores. Medicare payments and reimbursement rates are linked to patient satisfaction scores, specifically via the Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) scoring system. This article points out that while nothing can be done about predetermined HCAHPS survey questions, medical professionals do have some control over patient surveys. A sidebar provides some tips for improving patient satisfaction.

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