Tag: Health Biz: Misc.
Steps Taken to Increase Use of Electronic Tools in Medicine
Docs will have more opportunity to use technology with extra codes approved by CPT Editorial Panel
Surgical Price Transparency Tied to Improved Volume, Revenue
Most centers also reported better patient satisfaction and engagement after initiation of transparency
Three Financial Metrics Can Improve Practice Performance
Understanding collection rate, accounts receivable, A/R aging helps improve practice performance
Steps Can Be Taken by Doctors to Minimize Risk of Lawsuits
Steps include having a good handbook addressing legal issues, having risk committees within practices
Front Desk Staff Can Set Up a Practice for Successful Billing
Front desk staff should be trained, and should not be assigned to billing at same time as answering calls
Learning to Change Important for Improving Practice
Physicians need to accept that the health care industry is changing and that change is difficult
Better Care Quality Needed for Universal Health Coverage
Integrated approach involving governments, health providers, and patients is best
Insurers May Be Underpaying Doctors
Practices need to incorporate efforts to double check reimbursement against contracts
Physicians and Practices Should Prepare for Emergencies
Helpful strategies include developing a plan, knowing who will implement the plan, and staying flexible
Embezzlement Not Uncommon in Medical Practices
Employees should undergo detailed background checks; practices should have zero-tolerance for theft
