Here are 5 quick ways to assess the health of your private practice’s revenue. In truth, these are the same key performance indicators that you should be asking about regardless of whether you are in private practice or are an employed physician. These key metrics are essential indicators in assessing your practice’s health.
If you are an employed physician, chances are your employer purchases malpractice insurance for you. Your first introduction to the complexities of malpractice insurance may come when you leave that employer and have to buy a "tail." And, if when you start your own practice you'll need to understand how to get the...
Today I had a great chat with Dr. John Lin about how to think about choosing to be In-Network vs. Out-of-Network. We all know that dealing with health insurance companies can be very frustrating. But reimbursement rates are only a part of what makes dealing with these companies a headache.
Trying to decide whether it makes sense...
You’re a Medicare provider. And you know that the Centers for Medicare and Medicaid Services (CMS) runs Medicare. But did you know that CMS is just the umbrella organization? The actual administration is done by a Medicare Administrative Contractor (MAC.)
What is a MAC?
A MAC is a private health care insurer...
There are two over-arching reasons for you to stay on time: patient satisfaction and to de-stress you. I'll be the first to admit that staying on time can be a challenge. Here are some strategies that can help keep you on schedule.
There are two over-arching reasons for you to stay on time: patient satisfaction and to de-stress you. I'll be the first to admit that staying on time can be a challenge. Here are some strategies that can help keep you on schedule.
Recently, one of the members of The Private Medical Practice Academy told me that one of their biggest concerns about private practice is the number of after-hour patient phone calls. In order to reduce the volume of after-hour phone calls, you need to have a policy that implements these strategies.
There will always be after-hour...
When you run a private medical practice, you’re invariably going to need services and vendors outside of your practice. What you need to know is that any person or organization that you hire to handle, use, distribute, or access protected health information is a Business Associate (BA) and that you need to have a Business...
We send and receive emails every day so it would seem natural to send emails to your patients. But what if the emails contain protected health information? How do you make email HIPAA compliant?
How you will use an email with protected health information
The first questions to ask are, “Is my email network is behind a...
Trying to figure out how the digital world fits into your private practice can seem very overwhelming. Today, I had a great conversation with Dr. Dana Corriel, a board-certified internist, entrepreneur, digital strategist, and the founder of doctorsonsocialmedia.com to get her insights.
Here are some of the key points...
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