Healthcare may be one of the very few industries in which you don’t immediately get paid for the work or service provided. Rather, it can be days, weeks, or even months before payment is actually received for work completed. And that’s if rounding physicians remember to submit the charges. Missed charges mean lost revenue and [...]
With all the changes in healthcare, imagine what these disruptions do to physicians and ultimately the care they provide to patients. Most medical students dream of healing the sick and providing preventative care and recommendations to improve patient outcomes. When reality hits and providing care is lost in a massive sea of clerical work, an [...]
Focus on your PEOPLE Your number one priority if you are sitting in the C-Suite is taking care of your PEOPLE. Wait. What? You may be thinking, “Shouldn’t patients always come first? “I disagree. What many top leaders mistakenly do is alienate themselves from their people. And, in front of the line is the medical [...]
According to Definitive Health’s 2019 Annual Healthcare Trends Survey: 38% of Hospital Executives reported reducing operating expenses was their number one priority for 2019. The challenge is….how do we effectively reduce costs while at the same time, not compromise patient care? I believe the answer is getting smarter at HOW and WHERE we provide great [...]
Patients are getting lost between the in-patient and out-patient world. This results in higher readmissions, sicker patients, and skyrocketing healthcare costs. Today, on average, the national rate for 30-day all-cause readmission is almost 15% (see Figure 1 below). Source: Agency for Healthcare Research and Quality (AHRQ), Center for Delivery, Organization, and Markets, Healthcare Cost [...]
For years, clinic practices, hospitals, surgery centers, urgent care, assisted living, nursing homes, etc., have operated in silos. You’re probably thinking, “Tell me something I don’t know!” Here we are in the era of technology, where there is an app for everything, and we still cannot track patients as they flow throughout our community healthcare [...]
Officials state that small scale breaches of privacy often cause the most harm. According to the ProPublica Report, violations that expose the health details of just a patient or two are “proliferating nationwide”. For a full list of HIPAA breaches and fines, you can visit OCR’s Breach Portal. Doctors, PAs, CNPs, and other providers who [...]
Going paperless is not just simply adopting an Electronic Medical Record. This is just the first step, as your practice likely manages a ton of paper in other areas. Paper truly impedes the overall goal of having an integrated and collaborative healthcare team. Many employees prefer paper. You can touch it, refer to it, and [...]
Rounding with a purpose. Interesting,…tell me more. Heavy caseload. Multiple hospitals. Sick patients—some, very high risk. Long hours. Exhausted. Missed dinners. No relief in sight. Fast forward. You adopt a mobile charge capture solution that automatically sends charges to your biller and billing staff because missed charges mean lost revenue – for the work you [...]
According to a research commissioned by the AAMC, the United States will face a shortage of more than 120,000 physicians by the year 2030. Additionally, this shortage will be strained by an ever-growing aging population that will impede accessibility to healthcare like never before. Let’s face it—healthcare is in crisis. Physicians no longer get to [...]
