As many of us know, Risk Adjustment is an area of healthcare where technology and systems make it hard to accurately report at the practice level. But, this piece of the revenue puzzle is often critical not only to the financial well-being of payers, but to the programs and offerings available to patients who need […]
The sudden – and ongoing – COVID-19 pandemic of 2020 has been the greatest external disruptor that the modern healthcare industry has ever seen. That tumult has unmoored everyone involved, from hospital systems, to physician groups, to practitioners, to patients and their families, to payers, to federal, state, and local government agencies – and the […]
A security risk assessment (SRA) isn’t something that healthcare organizations can or should put off. It is a requirement for the Health Insurance Portability and Accountability Act (HIPAA). A risk assessment also helps to identify any vulnerabilities that hackers could exploit to access protected health information (PHI). When businesses that handle PHI conduct a cybersecurity […]
At the heart of the many interconnected challenges facing ambulatory medical practices in the COVID-19 environment is the existential specter of plummeting revenue. While the driving mission of practices is to provide care for patients, the ability to continue doing so goes hand-in-hand with being a financially viable and profitable business. While the typical citizen […]
As the world comes to terms with the COVID-19 pandemic and countries begin to lift their lockdowns, healthcare will continue to be at the forefront of the forward movement. With pressures for the healthcare industry to advance to the new needs of the world’s patients, new approaches are emerging for integrating medical practice technology in […]
What a difference a day makes; or, in this case, a couple of months. Back in February, the fastest growing segment of the physician marketplace was Private Equity backed roll-ups. The consolidation was real – and accelerating each year – as outlined in the February 19, 2020 JAMA article “Private equity’s takeover of physician practices […]
