The American Telemedicine Association (ATA), a leading international resource and advocate promoting the use of advanced remote medical technologies, recently released two state policy reports which identify gaps in coverage and reimbursement, and in physician practice standards and licensure. These reports compare state policies on a report card, assigning each state grades … [Read more...] about Reports provide detailed analysis of telemedicine by state
Increasing profits
Managers, are you creating a community or an organization?
By Dr. Steve M. Cohen There is a managerial question that is often overlooked: Is your office a community or an organization? A community is, by definition, inclusive. An organization is, by definition, exclusive. Let's use the military as an example of an exclusive organization. When people enlist, there are ranks to climb with each level being more selective and more … [Read more...] about Managers, are you creating a community or an organization?
Creativity helps increase patient payments
If your practice is like most, it regularly struggles with patient payment issues. Churchland Internal Medicine in Chesapeake, VA, has found a solution – actually several – to help resolve payment problems. "In our office, when a patient is asked for a payment on a balance and does not pay, we set up a payment agreement," says Linda Warren, office manager. Then, the office … [Read more...] about Creativity helps increase patient payments
Concierge medicine – coming on strong
– a MOM mini seminar – Direct care, boutique medicine, retainer medicine – by whatever name, concierge medicine is a patient-physician arrangement where the patient pays an annual fee or retainer, the physician reduces the patient population from several thousand to an average of 300 to 600, and patients get personal 24-hour access to the physician and, … [Read more...] about Concierge medicine – coming on strong
How the right payment technology can improve profitability at your practice
By Brent Warrington bio Medical practice profitability is a regular concern for practice managers. Now the Affordable Care Act has perhaps shined a brighter light on what it takes to stay in the black. What's more, insurance companies are under pressure to manage costs and grow revenue, sometimes resulting in lower payments to physicians for patient visits, services, … [Read more...] about How the right payment technology can improve profitability at your practice
Model Tool: Meaningful Use resources
Why you need this list: Getting certified electronic records technology can help your practice retain profits. How this list helps you: Resources and information online can help you get certified electronic health records technology and achieve meaningful use. How to use this list: Follow the links to these additional online resources. … [Read more...] about Model Tool: Meaningful Use resources
Indiana office uses billboards and TV to bring in a flood of new patients
An Indiana practice is seeing a significant number of new patients from a billboard and a TV commercial. It's money well spent, says Laurie Streib, administrator of Gastroenterology of Southern Indiana, an eight-physician, 43-staff practice in New Albany, IN. And getting the advertising going has been amazingly easy – the billboard company designed the sign and the television … [Read more...] about Indiana office uses billboards and TV to bring in a flood of new patients
How to use social media to market your practice
Social media marketing is hot hot hot. But how do you use it like the cool kids in order to market your practice? Start at the top. The top three networking sites, LinkedIn, Facebook, and Twitter, offer opportunities for spreading the word about the practice’s offerings and expertise. Network for business LinkedIn, the leading business network, is nonetheless social. … [Read more...] about How to use social media to market your practice
Don’t let the office get caught in Medicare’s pay cuts
e-scripting, EHRs, and value modifiers Medicare has been offering a lot of incentives for technology use and quality measures. But those same incentives have their dark side – payment cuts for noncompliance. Here are the three cuts to be dodging right now. And along with them is the unavoidable 2% cut brought about by sequestration. #1: the 2% cut on e-scripting Most imminent … [Read more...] about Don’t let the office get caught in Medicare’s pay cuts
Sequestration: another 2% cut on doctors’ payments
Sequestration. It began March 1, 2013. And it is hitting doctors’ payments by 2%. As to what managers need to do to meet the payment reductions, the financial experts are all advising essentially the same things: get the copays and deductibles up front, and set up a credit-card-on-file for as many patients as possible. The sequester specifics are these: The 2% … [Read more...] about Sequestration: another 2% cut on doctors’ payments