Medical practices are carrying more financial waste than they realize, according to experts. Here are a few areas to trim the fat.
Revenue Cycle Management
As more and more payers offer value-based contracts, how can practices negotiate favorable terms in this strange new territory?
Every penny matters in health care, so be sure physicians and staff have a grasp on how that money flows through the practice.
There are two ways to grow your medical practice. The first is to acquire new patients. The second is to retain your existing patients.
It is important to evaluate whether you want to consolidate your medical practice’s position or find ways to grow.
If you aren't a patient isn't on your insurance panel, for whatever reason, how can you expect to be fairly paid?
You don’t know how much money you have in the bank. What if I told you, you can calculate a projection of your inflow for this month?
Instead of funneling a bunch of capital into your practice on a monthly basis, how about cleaning up your DSO?
A brief overview of laws and issues related to office based surgical practices.
Identify those small, insignificant areas of lost revenue; you'll be surprised how quickly these areas will add up.