Tips for making the most of your revenue.
Address prior authorizations and referrals
Take control of paperwork
Streamline portal messages
Limit tasks to those that require a medical license
Be flexible with EHR documentation methods
Be mindful of family conferences
Physicians spend a significant amount of their workdays-probably 20% or more-on uncompensated tasks thanks to a barrage of regulatory requirements, says Joseph Valenti, MD, a board member of the Physicians Foundation, a nonprofit physician advocacy group.
“This equates to at least $50,000 of lost revenue per physician annually,” he says. “This magnitude of uncompensated time often leads to physician burnout and forces many physicians to close their practices.”
See the slides above for some tips from board members on reducing the amount of uncompensated time you spend in your practice: