Continuing our discussion of the importance of a practice assessment and checkup, Ms. Fletcher gets into part two of this two-part series, to discuss industry benchmarks, the importance of crunching financial numbers and how to consider the culture in your practice as an invaluable investment in your medical practice’s success. By learning what inefficient processes, […]
Can you say that you take care of your medical practice health as well as your patient’s health? Isn’t it time for a checkup there as well? For most provider groups the simple answer is, “yes”. This week Terry dives into part one of a two-part series to give some serious insight as to the […]
Continuing with this month’s theme of revenue and where those sources can come from, Ms. Fletcher discusses the “Hidden Revenue” that already exists within your medical practice, and how coders, billers, administrators, and physicians can tape into these sources. Healthcare regulations continue to focus on ways to reduce costs and increase efficiency for both Providers […]
Happy New Year listeners. This week Terry rings in 2018 with some revenue opportunity gems, that many physician practices may not realize are billable services. With current reimbursements at a standstill, it is more important than ever to explore what revenue sources are available to physician practices with little or no cost to them to […]
This week Terry tackles the topic of current E/M guidelines and how CMS has opened up the lines for current discussions and dialogue to update these very dated services. With the technological advancements of electronic medical record (EMR) and the administrative burden that goes with the current 1995 and 1997 documentation guidelines, Medicare is aware […]
Physicians and mid-level providers are having some serious conversations with patients regarding their Advanced Care Planning, meaning the discussion of a serious illness and the next steps that they need to take regarding advanced directives, hospice, skilled nursing, pre and post-death arrangements, etc. These discussions are now payable under most health insurance plans including Medicare, […]
The past three years has witnessed tremendous growth in the use of computer-assisted coding (CAC) systems. Many hospitals, physician practices, and health systems moved forward with CAC implementation after the ICD-10 rollout continued with delays. According to several, 2017 research reports, the CAC industry is expected to see continued adoption with the overall market rising […]
Medical scribes can increase efficiency and the quality of chart documentation, and lessen audit exposure in most practices. Terry discusses using medical scribes in a physician’s practice; how to calculate your ROI (return on investment) if you chose to use a scribe in your practice, and will outline not only their potential duties, but give […]
Terry takes the practical approach in discussing the frequent question of “Should physicians assign their own codes after a patient encounter?” Is the expense of hiring a coder worth the savings of having the physician provide the codes themselves or would this flag a practice for an audit? What are the pros and cons of […]
Telemedicine services and technologies are the current rage in the country. Terry brings her expertise in her podcast, this week on how to successfully adopt Telemedicine (Telehealth) into your practice, how to use this technology to potentially expand physician practice base, cut rising practice expense, and improve patient outreach while increasing revenues. Telemedicine can provide […]
