A medical practice should keep two key factors top of mind: staff quality and effective reporting software. Sae Evans and Jim Stroud speak on system recommendations, avoiding costly penalties and the preparation for upcoming changes, while also retaining quality staff.
In the last 10-15 years, the use of mid-level providers has increased to expand the base of patients in many practices. The nurse practitioner scope of practice is more flexible and there are specialty designations available to foster expertise in certain areas. The insurance companies have expanded the number […]
Some of our practice management roundtable participants are offering certain patients an opportunity to pay fees of less than the standard fee schedule for their care. Below we will discuss how they are reaching that decision and if it could be appropriate for your practice.
Some patients have no insurance […]
How many of your colleagues are complaining that they are doing more work, and getting less for it? How many of them are experiencing ever increasing levels of frustration brought on by outside influences: governmental regulation, insurance regulation, increased concern about medical malpractice, increasingly negative attitude by society towards […]
The ultimate goal of any medical practice is maintaining their patients. Many patients like knowing that they will see the same doctor time after time, which creates a market demand for smaller practices. Listen here for more information from Sae Evans and Jim Stroud on how smaller medical practices […]
With an increase in administrative, staff and equipment costs for medical practices, the latest trend has been to merge with other organizations or realign to remain competitive. Many practices have found it beneficial to merge with hospitals or other practices their size or smaller. Listen here to find out […]
One of the biggest trends affecting the growth of medical practices is the utilization of technology, specifically to keep millennial patients returning. Find out what you can do to ensure you’re set up for success in this blog post that our own Tammie Lunceford wrote for the Birmingham Medical […]
Tammie Lunceford of Warren Averett’s Healthcare Group was featured in the Birmingham Medical News Blog on November 30, 2016. Tammie’s article, “Quality and Cost Adjustments May Hit Your Bottom Line in 2017” highlights on the Value Based Modifier (VBM). The VBM went into effect in 2014 to affect payment […]
As we meet with clients and evaluate trends affecting the day to day growth of their practice, it is evident that technology is an important consideration. In the past, physicians relied on referrals from other physicians to keep new patients entering the practice. Now, once a millennial leaves the […]
Although the most talked about topic in healthcare in the last few months has been MACRA, another topic is starting to gain much attention—the Value Based Modifier (VBM). The VBM went into effect in 2014 to affect payment in 2016 for practices with 10 or more providers. Eligible professionals […]