Concordis Practice Management, LLC

Improving Employee Retention

Regardless of the number of employees in your medical practice, knowing your employee’s future intentions is important for the medical practice’s continued success; however, the impact of an employee deciding to leave a small practice because the employee didn’t feel he was part of the...

Are Coding and Billing Mistakes Hurting your Medical Practice?

In today’s healthcare environment, it is imperative to ensure your medical practice performs their billing and coding function at the highest level possible.  In many cases, billing and coding mistakes can cause revenue to decrease; however, the mistakes could also result in overpayments. Either way,...

Holy MACRAoni!

Sadly, this article is not about the best macaroni and cheese recipe.  The Medicare Access and CHIP Reauthorization Act (MACRA) of 2015 will soon change the payment methodology for medical practices.  MACRA’s first performance year starts January 2017.  Hopefully you have already started reading about...

Are Narrow Networks Driving You and Your Staff Crazy?

We hear this comment often from medical practice executives… My practice has participated with ABC insurance plan for years, and our original participation agreement states that we can (or will) be added to other new ABC insurance plans in the future.  Then, why is it...

The Importance of a Coding Review

You may recall our blog titled “The Advantages of Medical Coding Compliance” from June 17, 2015, and we want to remind everyone that having an active compliance program is key to avoiding financial penalties, and possible exclusion from the Medicare program, for fraudulent billing and...

Successful New Physician On-boarding

Your recruiting process started months ago, the new physician has executed the employment agreement, and now it’s time for the new physician to join the practice. If your practice doesn’t have an on-boarding checklist, now is the time to develop it. While the new physician...

Measuring Your Medical Practice’s Success

We are at mid-year, and it is time to review your medical practice’s performance.  Many practice management systems have robust reporting packages to determine key performance indicators, which makes the Practice Manager’s job easier to measure the medical practice’s success.   What key performance indicators...

Are you ready for MACRA changes?

The Medicare Access and Chip Reauthorization Act (MACRA) of 2015 was instrumental in eliminating the Sustainable Growth Rate (SGR) that was tied to Medicare Part B provider reimbursement for years. The good news is that through 2019, Medicare Part B payments will increase by .5%...

Billing for Additional Complaints During the Preventive Examination

Are you leaving money on the exam table? Many providers are performing additional services at the patient’s request during the preventive examination, and not taking credit for their work. While expenses continue to rise in running a medical practice, the practice manager should ensure the providers...