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 [...]
Healthcare has advanced in leaps and bounds over the past two decades. From imaging to robotics to novel pharmaceuticals to medical devices - we have seen innovation pave the way for the potential of better patient care. Yet with all of this forward thinking, the mechanics of practicing medicine have remained fragmented and inefficient. What [...]
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 [...]
Over the past couple of decades, without question, technology has transformed healthcare and medicine across the world. It could even be called the “driving force” behind improved care, treatment options, and patient outcomes. But, even with all the advancements, tools, software and technology, the healthcare system as a whole continues to operate in silos, which [...]
The simple truth is, you are missing charges. What is charge capture in healthcare? Charge capture in healthcare describes the various processes used by healthcare providers to collect the money that is owed to them for the services that they have rendered to past and current patients. While medical professionals provide excellent care for [...]
Everyone needs to wind down after a long stressful day—but who has the time? My day, as an ASU student usually entails a lot of frantic note-taking, as well as some stressful MCAT preparations. When I get home at the end of a long day, I would love to sit down, play a few video [...]
Is your practice up to your ears with paperwork and overwhelmed with the logistics of medical billing software? Or are you juggling multiple medical billing software and nothing seems to help but just create more work and trouble? Between front office customer service, billing and scheduling, you’re jugging a lot of balls every day. [...]
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