Join The Private Medical Practice Academy

WHY YOU WANT TO ADD REMOTE PATIENT MONITORING TO YOUR PRACTICE

podcast Jul 06, 2021
 

Today I want to talk to you about remote patient monitoring (RPM.)   RPM has been around since the 1960s but it wasn't until January, 2020 when CMS increased reimbursement that adoption increased.

There are several reasons that you should  want to add RPM to your practice:

  • You can take better care of your patients
  • RPM can...
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YOU NEED A FACEBOOK BUSINESS PAGE

podcast Jun 08, 2021
 

Baby boomers and household decision makers--the target demographic for most medical practices are on Facebook. In other words, your ideal patients are on Facebook right now. That’s why I want to talk to you about why you need a Facebook business page and what you are supposed to do with it.

First, Facebook is free. ...

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WHAT BENEFITS DO I NEED TO OFFER?

podcast Jun 01, 2021
 

Salary is only part of the overall compensation package. Potential hires often rank benefits as one of the top factors impacting their decision to accept a job offer. Today I'll tell you about how to figure out what you want to include in your benefits package so that you can recruit and retain quality staff while being financially...

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SHOULD I JOIN AN IPA OR CIN?

podcast May 25, 2021
 

One of the questions that I’m frequently asked is whether physicians should join a provider network?  First, let’s get the alphabet soup mumbo jumbo out of the way. IPA stands for Independent Practice Association and CIN stands for Clinically Integrated Network. Today, I’m going to talk about the things that you...

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HOW MUCH SHOULD YOU PAY YOUR STAFF?

podcast May 18, 2021

 

Trying to figure out how much to pay your employees can be a very daunting task. On one hand, you want to pay enough to get the best possible talent. On the other hand, you don't want to overpay. In this episode, I’ll walk through how to figure out what salary to offer.

Establish a salary range 
Salary.com will give...

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HOW TO CHOOSE THE RIGHT BANK FOR YOUR MEDICAL BUSINESS

podcast Apr 20, 2021
 

I want to talk about what you need to look for when choosing a bank for your medical business.  

You need a bank with a designated point person who has a deep understanding of the complexities of medical businesses.

Here are 3 key things that you  want to assess when assessing a bank’s quality of service:

  • You want a bank...
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WHAT YOUR NEW PATIENT PACKET MUST HAVE

podcast Apr 15, 2021
 

You’ve scheduled your first patient.  But that's only the first step in getting them  to that first visit. You need a new patient packet. 

The new patient packet has two purposes:

  • To collect information from the patient
  • To provide information to the patient

There are several ways in which your patient can access the...

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REVENUE CYCLE MANAGEMENT: WHAT IS IT? WHY IS IT IMPORTANT TO YOU?

podcast Apr 08, 2021
 

Revenue cycle management refers to the process of identifying, collecting and managing a practice’s revenue from payers based on the services provided. 

In order to be financially viable, you have to be compensated for the services you provide. No one can run a business providing services and paying expenses without collecting...

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YOUR MIPS PRIMER

podcast Apr 03, 2021
 

 

If you take any form of insurance as payment for your services then you need to understand MACRA and MIPS. MACRA is the law and MIPS is the implementation. 

Key Points:

  • If you see more than 200 Medicare patients and/or bill more than $90,000 annually in Medicare Part B allowed charges, you’re automatically...
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WHAT YOU NEED TO KNOW  BEFORE SCHEDULING A NEW PATIENT

podcast Mar 24, 2021
 

Today I'm going to talk to you about the steps you'll want to consider when setting up the process for scheduling a new patient. 

There are 3 basic ways for a new patient to come into your practice:

  1.  Self-scheduled via your website or portal
  2. Self-scheduled via your website or portal
  3. Referral from another physician

Things...

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