7 Reasons why Medical Billing Outsourcing works for Physicians Medical Billing Outsourcing isn’t ideally a new concept for practices in the US. By letting a third party handle the medical billing services, growing number of healthcare providers are making profits and are getting ample time to [...]
Whether you run a large or small practice, marketing is essential for the success of your business. On an average, you should see at least 30 to 50 new patients every month if you want your practice to grow. Also, there is a strong need to offer competitive services at reasonable pricing in order [...]
Did you know HIPAA violations can result in fines ranging from $100 to $1.5 million for practices? HIPAA was created to standardize the process of safeguarding private patient information. But unfortunately, most practices are failing to implement even the basic HIPAA requirements. They are [...]
Did you know approximately 50% physicians in the US are dealing with physician burnout? There are several reasons behind it such as, an inherently stressful job, having to deal with non-clinical burdens like billing and documentation, and an inefficient work environment. Emotional and physical [...]
As per the U.S. Physician Employment Report, conducted by Doximity, physician employment opportunities increased by 7% in 2018. In 2017, this employment growth rate was 5.1%. As per another survey conducted by Physicians Foundation in 2017, more that 57% of physicians were employed at hospitals and [...]
HIPAA (Health Insurance Portability and Accountability Act) guidelines were introduced in 1996 to protect the health information of patients and till today, compliance to these guidelines is a must for physicians. Even in 2019, practices will be required to adhere to the HIPAA rules and maintain [...]
Believe it or not but physician dissatisfaction and burnout rates are at an all time high in the USA. With most healthcare providers working at least 40-60 hours on a weekly basis, it seems that a career in medicine is not compatible with the concept of work-life balance. Problems like depression, [...]
Did you know, in the Patient Protection and Affordable Care Act, Congress has recognized PAs (Physician Assistants) as one of the three healthcare professions in primary care. Due to the general medical background, PAs are quite responsive to the changing healthcare needs. From primary care to [...]
2018 has brought a new set of opportunities as well as challenges for healthcare providers. Physicians continue to find themselves on the front lines of changing policies and technology threats. If you are among the practice owners hoping to make 2018 a fruitful year, then here are some of the [...]
What is the number one priority for physicians? The answer is- delivery of quality patient care. But do all physicians get paid for rendered services? Are they equipped to support quality of care with sound financial management? Unfortunately, physicians in all specialties across the US are [...]