Are you ready for ICD-10

So now that ICD-10 is less than one year away, has your practice started thinking strategically thinking about the best possible transition? Have you been researching the most common CPT

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Medical Practice Marketing Tips to Increase Referrals

A Kaiser Family Foundation study found that visits by private insurance patients decreased 17 percent from 2009 to 2010, while the number insured only decreased 2 percent. Specialists may have

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Practices Need More Than Technology

In recent years, overinflated promises from EHR and PM vendors have led to disenchanted practices ditching their EHR/PM software, shopping for new EHR/PM software, or remaining mired in inefficient manual

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Avoid Common Errors in Collection Ratios

The net collections ratio serves as a key financial indicator for physician practices, showing what was actually collected as a proportion of what the practice should have collected. Another definition,

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3 ways to Increase Practice Revenue this Year

With declining insurance reimbursement, high deductible plans limiting patients’ access to their providers, and rising costs for technology and compliance, many practices are struggling just to maintain their revenue. Below

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5 Questions to Ask a Potential Medical Billing Service

Overwhelmed with the burden of ever-increasing non-medical obligations, such as reporting and compliance, many practices are considering reducing overhead by moving functions like billing, coding, and collections outside the practice.

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4 Characteristics of a Modern Medical Practice

The modern medical practice typically resembles one of two very different pictures. The first picture looks like a tired athlete, running full speed on a treadmill, set to the highest

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The Difference Between Insourcing and Outsourcing

Many practices still have a polarized view of in-sourcing versus outsourcing, not realizing that the optimal solution may lie somewhere in between. Insourcing, the traditional model, occurs when the practice

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