Operations Management

Making Conference Calls More Effective

Many medical practices have multiple locations, to include locations in different cities.  It’s not always feasible to have the managers from the other locations drive to a central location to meet.  In today’s fast paced healthcare environment, medical practices are using conference calls for meetings...

Changing Your Medical Practice’s Bottom Line

The answer to changing your medical practice’s bottom line should be obvious… increase revenue and decrease expenses; however, this can be easier said than done.   This article addresses a few examples regarding increasing revenue and decreasing expenses. According to a Healthcare Finance News survey conducted...

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 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%...

puzzle piece teamwork

Pitfalls to Avoid as a New Practice Manager

As a new medical practice manager, the list of duties to perform on a daily basis can be overwhelming. The list of responsibilities most likely will include maintaining and administering personnel policies, financial management, billing processes and marketing. You may also be asked to prepare a...

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...

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,...