Five years ago, if you asked me if a website was mandatory for physicians, I would have said “no”. But times have changed. Now, I believe every doctor should have a website. Here’s why:Websites play several very important roles in your practice. At the most mundane end of the spectrum, a website provides patients or [...]
Archive | June, 2009
Need to hire a practice manager? Look for the three “Cs”.
If the thought of hiring a practice manager makes you anxious, your reaction is perfectly reasonable. Your practice manager is an incredibly important person in your life. You will not only spend significant amounts of time working with that person, you will trust him or her with the financial underpinnings of your livelihood. It’s smart [...]
Cleaning Up Your Billing Claims For Better Results
I continuously stress to my clients and their staffs that they are the first ones touching the superbill, charge slip, routing slip, encounter form. The cleaner it is, the more advanced it is in using modifiers and trying some add-on codes that are clearly described in a CPT book/computer program the better the chance to see an improved cash flow.
Why Medicare Is Not The Enemy
As a billing service, I come in contact with many insurance plans on a daily basis. Every year, I have my favorites and the ones that I dread. In all the years I have been in this business, the latter change from year to year (I always have at least one on my hot list [...]
Physicians in Private Practice Need to be Entrepreneurs
It is more important than ever for private practice physicians to sharpen their entrepreneurial edge, and I mean that in a good way. With the various healthcare reform options being discussed, I hear a recurrent theme that in order to bring healthcare costs down, and the quality of patient care up, we physicians are going [...]
Share Your Private Practice Management Tips
For PrivatePractice.MD to become truly useful for doctors starting a new private medical practice, members will need to share their own knowedge and experiences with other members. I would be thrilled to see experienced doctors become mentors to the newly minted doctors. Private practice mastermind groups would be another way doctors and their advisors can [...]
X Prize for a New Health Care Paradigm
The X Prize Foundation has announced a $10+ Million prize to the person or group that creates a fundamentally different US healthcare delivery system. I think the private medical practice community can win this prize! In the description directly from the X Prize website it states “This first-of-its kind competition will focus on reinventing the [...]
Business Liability Insurance For Your Medical Practice Is A Must!
If you have a business, which a medical practice is of course, you need business liablity insurance. Your malpractice insurance won’t protect you if your patient slips on your front step and breaks her hip. As doctors, we’re used to the concept of risk. Some doctors are even comfortable with it, but I can only [...]
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