“Change is hard at first, messy in the middle, and gorgeous at the end.” -- Robin Sharma Healthcare transformation is happening now. Although briefly slowed and nudged to the side by the COVID pandemic, the shift by payers from the old “fee-for-service” care model to...
Articles
Convincing Patients Not to Delay Necessary In-Person Care During COVID-19: Top 5 Tips
Dec 4, 2020 | 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...
E/M Coding is Changing: Why it’s Important for your Practice to take Note
Nov 24, 2020 | Articles, Billing & RCM
As the calendar page turns over to another year, a big opportunity for medical practices to reduce administrative burden, bill more accurately, and increase profitability and care quality is on the horizon. In 2021, the Evaluation and Management (E&M) coding...
Geographic Expansion via Telehealth: First, You Need a Business Plan
Nov 19, 2020 | Articles, Telehealth
Telemedicine has been thrust into the forefront this year, yanked from a marginal “early adopter” technology into the spotlight as table stakes for any practice that wanted to survive the COVID pandemic. Now we are entering the inevitable “sawtooth curve” of compound...
Why Remote Patient Monitoring Will Become More Important for Your Practice
Nov 13, 2020 | Articles, Care Management
Remote patient monitoring (RPM) is one of the most talked-about areas of innovation in healthcare today, and for good reason: many consider RPM an exciting extension of the way telehealth has already allowed practices to offer more comprehensive care. During...
Private Equity: 5 Ways to Drive New MSO Medical Practice Revenue
Oct 5, 2020 | 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...
Telehealth: The New Group Practice Growth Vehicle
Sep 29, 2020 | Articles, Telehealth
Over just the past six months of 2020, we have seen an incredibly accelerated evolution in the role of telehealth. It went from a rarely used technology to a basic “table stakes” capability for modified practice re-opening and revenue in the summer, to where we are...
Optimizing Risk Adjustment: Making Technology Work Better.
Sep 22, 2020 | Articles, Healthcare Consulting
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...
Private Equity: Medical Practice Valuation in the COVID Era
Sep 17, 2020 | Articles, Healthcare Consulting
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...
Is Switching EHR Systems Really The Best Solution?
Jul 21, 2020 | Articles, EHR (Electronic Health Records)
If your practice’s staff and practitioners feel a chronic level of frustration with your EHR, you’re not alone; it’s a common dynamic, as most of us got into the healthcare field to play a role in helping patients, not to become IT experts. This frustration frequently...
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