September 8th 2023
Reframing collections as a continual process can minimize bad debt.
August 23rd 2023
Collecting money from patients is an ongoing challenge that has only worsened with high-deductible health plans.
August 21st 2023
Negotiate with knowledge and watch out for pitfalls with billing and side hustles.
August 18th 2023
Investing in digital solutions can automate administrative processes and elevate the patient experience.
July 31st 2023
Your weekly dose of wisdom from the Physicians Practice experts.
Physicians Practice® spoke with Kristina Hutson, a product line developer at Availity, about surprise billing events in independent healthcare practices and what owners and administrators can do to reduce the likelihood of their occurrence.
The AI Difference in Revenue Cycle Management
Advanced, user-friendly artificial intelligence (AI) solutions can save clinics $7 billion each year
Collection Law Firms vs. Collection Agencies: What physicians need to consider
The differences between the two are important to note in your consideration of your collection strategy
Untangling telehealth billing
Billing for telemedicine services doesn’t have to be overwhelming when you understand a few key concepts and take advantage of your available resources.
7 ways to increase patient payments
Practices who fail to be proactive about collecting from patients will predictably experience a tsunami of accounts receivable.
Automating accounts payable
How new technology is curing ailments and streamlining processes in one practice’s AP department.
How social determinants of health play a role in obesity
By addressing these determinants in routine patient care, physicians may be better able to reduce obesity and its complications.
Best states for physicians in 2020: 5 states with the lowest GCPI
Best States to Practice: 5 states with the lowest cost of living
Which states do you think came out on top?
Six biggest mistakes physicians make when planning for retirement
High incomes do not guarantee smart money management.
Coding Q&A: Remote examinations
A generalized checklist for your planning.
How Poor Payer Reimbursements are Effecting Practices During the COVID-19 Pandemic
It’s not uncommon for private practices to receive rates far below Medicare standards.
How physicians can prepare for retirement
Do not wait for current uncertainties to subside to begin your plans.
Top 3 ways physicians can ensure an early retirement
Maximize your business’ bottom line for ease later in life.
Top 3 financial challenges young doctors face
High incomes don’t grant immunity from financial challenges.
SBA and PPP loans increase in the seventh week of pandemic lockdowns
Nearly 1,000 primary care respondents report plans to apply for loans.
Concierge doctors well positioned to weather COVID-19 uncertainties
The alternative practice arrangement is maintaining a stable revenue while also readily adaptable to telemedicine services.
Financial Crisis F.A.Qs – Is my bank safe?
Understanding FDIC insurance.
Personal finance for physicians
Asset protection attorney Ike Devji discusses what physicians should be doing regarding the issue of personal finance protection.
HIPAA, telehealth, and managing billing staff working remotely
Expert advice to secure your practice.
Noteworthy tax credit opportunities for healthcare providers
Looking for ways to reduce your taxable income while contributing to a cause that hits close to home?
Coronavirus 2020: Physicians Recession Survival Guide
It may seem deceptively simple, but these lessons were hard learned by others. It’s time to stop repeating their mistakes.
Six common asset protection mistakes
The top mistakes to avoid to protect your livelihood and lifetime savings.
Smart investing for physicians
Savings, strategies, and stocks.
RVUs: The basics of physician compensation
Fundamentals to avoid costly mistakes in employment agreements.
Physicians’ biggest financial mistakes
Retirement plans, anticipating industry changes, and more.
Headlines reveal five threats to physicians’ assets
Topics include serving on community boards and disappearing medical malpractice insurance.
Q&A: Chronic Care management and consult requirements
Documents required for Chronic Care management code 99490 and fulfilling the consult requirement.
Preparing for a coding and billing audit
Most audits concern outpatient visits.
Is Medicare Direct Contracting the right fit for your organization?
Program focuses on improving quality and reducing cost, while maintaining patient choice.
Annual wellness visit vs health risk assessment: Understanding the differences
Despite crossover in forms, both represent different things.