It goes without saying that most medical practices— indeed, most people in general—can hardly wait for the COVID-19 pandemic to end. Aside from the terrible human tragedy the pandemic has brought, it has also caused economic damage across the world and financial strain to medical practices, with 2020 bringing a decline in patient visits and […]
James Worsham
Director of Sales
Medical Advantage Podcast EP 3: Finger on the Pulse of Healthcare with Bill Riley
Healthcare Consulting, Podcasts
It’s no secret: the healthcare industry is changing. While the elephant in the room continues to be the Covid-19 pandemic, and all of the ways it has changed aspects of healthcare – in some cases, likely for good – the way the business of healthcare is conducted as we continue transitioning to value-based care […]
Rebuild Patient Volume in 2021 – Now is the Time to Plan for a More Normalized 2021
Articles, Healthcare Consulting
At long last, there is light at the end of the tunnel regarding the COVID-19 pandemic that changed our world, and the business of medicine, throughout the year 2020. Here in early 2021, delays and unexpected operational and administrative challenges have slowed the distribution of the approved COVID vaccines developed by several pharmaceutical companies, and […]
“OpenNotes”: A Brand-New Practice Compliance Requirement Starts on Monday, April 5, 2021
Articles, Healthcare Consulting
TABLE OF CONTENTS History of OpenNotes Proof of Concept for OpenNotes Enactment of The Cures Act and OpenNotes Compliance with Cures Act and OpenNotes Patient Portal and the 21st Century Cures Act As the first wave of COVID vaccines gives us all hope for a more normalized 2021 – at least emerging by the spring […]
Convincing Patients Not to Delay Necessary In-Person Care During COVID-19: Top 5 Tips
Articles, Healthcare Consulting
Although the COVID-19 pandemic has spurred innovations throughout healthcare, many medical practices are wrestling with a stubborn trend: Due to anxiety about potentially contracting the virus, many patients are putting off in-person appointments. According to the Centers for Disease Control and Prevention (CDC), by June 30, 2020, an estimated 41 percent of U.S. adults had […]
Private Equity: 5 Ways to Drive New MSO Medical Practice Revenue
Articles, Healthcare Consulting
The Private Equity healthcare sector was dealt a “double-whammy” by the appearance and endurance of the COVID pandemic: just as practice valuations had been soaring to arguably overvalued levels in deals done leading up to March 2020, COVID came and wiped out much of the expected near-term revenue of those practices. In a further irony, […]