(shared from MD Revolution) Government payers continue to invest in programs that improve equitable access to health care for the medically underserved, geographically isolated, and economically vulnerable. With the highest slated Chronic Care Management (CCM) reimbursement rate of 2022 committed to FQHC’s and RHC’s, and recent news that HRSA Slots $13M…
Don’t let the year-end and new year tasks and responsibilities become overwhelming. Proper planning, execution, and education are essential when closing out the year and preparing for the upcoming year. Use this checklist to help set your practice up for long-term success. Fee and Allowable Fee Schedules Review and update…
Whether it’s a grocery cart full of food, an oil change at the car dealer, or a burger at a restaurant, you made a purchase and are expected to pay for the goods and services. It seems logical, right? Now think about what happens when you need to see a…
(shared from Medcurity) Did you know that the HHS Office for Civil Rights (OCR) can fine an organization up to $1.5 million for breaking a HIPAA regulation? A fine from the OCR isn’t even the only cost associated with a HIPAA breach. Here are 5 key steps you can take…
For years, physician practices were on their own when it came to managing the business side of their practice. Software and contracted experts eased much of the burden, but the burden of maintenance, hiring, training, and keeping employees still fell on the physician’s practice. Times have changed. In that old…
Any physician knows that the business side of medical practice has been tough in the past few years. Hundreds of thousands of jobs have been lost. For many hospitals and private practices, revenues have plummeted. Healthcare practitioners are burnt out. And demographic shifts are leading us toward a major nursing…
No-shows cost the healthcare industry an estimated $150 billion in profit each year. When a patient unexpectedly misses an appointment, the consequences can be ruinous for their health. For your medical practice, a high rate of no-shows can compromise revenue and, ultimately, the quality of care you provide. Not only…