March 26, 2020 Cancelled elective surgeries and uncertainty about what tomorrow brings has many medical practices wondering how they will maintain cash flow. Focus on these three areas to bring in revenue while services are slow and poise the practice for increased collections when life gets back to normal. 1. Go after the unpaid A/R....
January 22, 2020 As MIPS enters its fourth year, the penalty for not participating rises to 9%. CMS retired 42 quality measures in 2020 including measures specific to orthopaedics, otolaryngology, neurosurgery, vascular surgery, PMR, as well as others. So whether you have been participating all along or 2020 is your first year, there are new...
August 28, 2019 Is there revenue hiding under the baseboards in your practice? Not likely, but there are likely revenue leaks occurring that are costing the practice thousands to hundreds of thousands of dollars a year if not properly monitored. 1. Missing Encounters. The patient was seen, services were rendered, yet no bill was generated....
Clean Up the A/R Before Putting the Practice on the Market Physicians Practice – May 2019 by Cheyenne Brinson Thinking of selling your practice? Looking to be acquired by the hospital? Merging with another group? If you’re contemplating any of these scenarios, it’s time to clean up the accounts receivable (A/R). And even if you’re not, routinely cleaning up...
June 12, 2019 A well-constructed schedule improves patient flow, minimizes wait times, and increases patient and provider satisfaction. The smoothest running clinics are the ones that know how to control the schedule. They don’t let the schedule control them. Good scheduling is more of an art than a science. Perhaps you have tried revising the...
May 8, 2019 Is your office running as efficiently as it could be? Does clinic start on time? Is the staff able to get all of their daily work completed without getting overwhelmed each day? If you can answer “no” to one or more of those questions, here are four underused workflow techniques that will...
Cost Saving Strategies to Save Your Practice Money Doctors Direct Insurance – Winter 2013 by Cheyenne Brinson Like most practices, you want to save money. Unfortunately, there likely isn’t a pot of gold hiding in your office, so focusing on ways to save $1,000 here and $1,000 there is in order. Often, we find these...
5 Tips to Boost Efficiency for the Front Office Medical Office Manager – March 2019 by Cheyenne Brinson The front office is the face of the practice, the first impression for the patient, and the beginning of the revenue cycle. They are tasked with multiple assignments, competing priorities, and a sense of urgency from everyone, yet asked...
March 6, 2019 Denials can seem like a way of life in any revenue cycle. In this blog, we tackle the 10 best practices for working insurance denials. 1. Quantify the denials. “You cannot manage what you do not measure.” In order to develop a solid denials management program, quantifying what the denials are and...
5 Tips for Analyzing Practice Profitability Aesthetic Society News – Winter 2019 by Cheyenne Brinson Download Article
