Concordis Practice Management, LLC

medical practice location

How Location can Make or Break your Medical Practice

At some point, every new physician has the thought, “Should I stay with my current group, or should I open up my own medical practice?” Owning and operating a business isn’t for everyone, but for a select group of men and women, nothing less will...

outsourcing medical billing

The Benefits of Outsourcing Your Medical Billing

Considering whether or not to outsource your practice’s medical coding or the entire process is a big decision. However, when you learn how it works and the benefits it can have on your bottom line – it’s not a matter if you should transition, but...

strange ICD-10 codes

There’s a Code for that? 5 Strange ICD-10 Codes

We’ve written quite a bit about the new ICD-10 coding system and the implications it has for your medical practice. Time has flown by and the October 1st deadline is here. The new ICD-10 system will have over 68,000 billing codes as opposed to...

Medical Practice Hiring

Medical Practice Hiring: 4 Approaches You Need to Change

Whether you’re opening your doors for the first time or have been in operation for years, making sure you have the right personnel on staff is critical to the success of your medical practice. As a practitioner who wants to continually excel, you desire to...

patient engagement medical practice

Barriers to Patient Participation in the Healthcare Experience

Of all the areas in your medical practice that can undergo innovation, perhaps nowhere else can you experience increasingly exponential returns than when you take the time to focus on patient engagement. After all, the healthcare process should be a collaborative one that foster’s trust,...

What’s Your Practice’s Net Collection Rate Score?

Do know how well your medical practice is performing? You may have a general idea as to the productivity and health of your business, but if you’re simply deriving an opinion off a “gut-feeling” rather than hard numbers – you might be surprised to learn...

medical practice

Grow your Medical Practice with a Line of Credit

In business, cash is king. When the money stops flowing so does your growth. While it’s never a good idea to get into unnecessary debt, credit lines can be a hedge against cash flow droughts that affect every medical practice from time to time. In...

human capital medical practice managment

How ICD-10 Affects your Human Capital Needs

When you see a refreshing billboard by Coca-Cola, or watch a sleek, quirky commercial by Volkswagen, several things might come across your mind in the moment. What stands out the most? For some it may be the visuals, the music, the message – or it...

medical practice management san antonio

Is Your Medical Practice OS HIPAA Compliant?

If you’ve followed our blog lately, you may have noticed a post we released just a couple of weeks ago titled “ICD-10 Effects on Healthcare Operations and Information Technology”. We discussed the consequences for failing to conduct an IT readiness assessment and the importance of...

ICD-10

ICD-10 Effects on Healthcare Operations and Information Technology

Sweeping changes to the healthcare industry are soon to take affect in less than 90-days. On October 1, 2015, ICD-10 will replace the current ICD-9 system for medical diagnosis and inpatient procedure coding. The consequences for failing to comply with new regulations are severe, as...