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Increasing profits

Get personal to get patients to pay faster

December 31, 2018

Set the expectation of payment before the patient comes in. When the office calls to confirm an appointment, whether it's a live conversation or an automated message, say, "Your co-pay is due when you check in." In other words, "bring your wallet." Some offices go so far as to refuse people who don't have the co-pay at the time of the visit. However, such a strict policy … [Read more...] about Get personal to get patients to pay faster

Make these your 2 top goals for 2019

December 17, 2018

Goal No. 1: Win the doctors' respect Everyone knows communication is key and, when it comes to managing a medical office, communicating poorly with the doctors can sabotage your ability to do your job well. Here are a few rules for communicating in a way that generates respect, establishes your credibility, and demonstrates that you can be trusted to manage their … [Read more...] about Make these your 2 top goals for 2019

The healthcare consumer: Using patient online reviews to boost your practice’s business

December 10, 2018

Patients are making increasing use of physician rating and review sites to comment on their medical experiences the way diners do with restaurants. And as with restaurants, this can be a tremendous boost or drag on your practice's business. Here's how to make effective use of these sites. Top review sites First, become familiar with the top healthcare review sites, which in … [Read more...] about The healthcare consumer: Using patient online reviews to boost your practice’s business

New referrals come from a visit, a folder, and chocolate cookies

November 30, 2018

When a new manager took over the office of a Miami gastroenterology practice, the office had just lost two physicians and needed to increase referrals for the three physicians who remained. So she took on the job of marketing. Her approach was direct and simple, but the results were so good that now, less than two years later, the schedule stays full. First, she put together … [Read more...] about New referrals come from a visit, a folder, and chocolate cookies

How to determine the order of multiple insurance coverages

November 30, 2018

By Ranadene (Randi) K. Tapio, MBA, CMRS, CMC, Guest Contributor  bio When patients have multiple insurance coverage, at times it can be difficult to determine which one is primary, secondary, and tertiary. Sometimes, the patients don't even know which order they go in! While there are always going to be exceptions, here are some basic guidelines to keep in mind: … [Read more...] about How to determine the order of multiple insurance coverages

Physician entrepreneurs drive innovation and change

November 12, 2018

By Nick Hernandez  bio Physician leaders must be innovators to navigate their practices into and through the era of healthcare reform. True physician entrepreneurs take charge of change and continuously scan the outside environment for new and fresh ideas. They search for opportunities for ways to do what has never been done before, and many times engage consultants … [Read more...] about Physician entrepreneurs drive innovation and change

Is your waiting room costing you money?

October 26, 2018

How would patients rate your medical practice's reception area? Is it cold and clinical, or warm and welcoming? The waiting room is where new patients form early impressions of your practice – and, like it or not, these impressions influence their perception of the medical care they receive. Patient experience is a primary reason medical practices are investing in office … [Read more...] about Is your waiting room costing you money?

Telehealth integration offers healthcare advantages for baby boomers

October 22, 2018

By James B. LeVasseur, Ph.D.  bio The looming shortage of qualified doctors and specialists presents a significant challenge for the nation's healthcare system. With more baby boomers requiring healthcare every year, physician demand continues to grow faster than supply. This has created a projected shortfall of between 42,600 and 121,300 physicians, 14,800 to 49,300 … [Read more...] about Telehealth integration offers healthcare advantages for baby boomers

Polite form on chart collects balance due at registration

October 22, 2018

Because staff don't like asking patients for money, one manager set up a non-confrontational form that gets patients to pay their outstanding balances at registration. The billing department attaches it to the charts each morning, and the front desk staff hand it to patients with, "Oh, by the way, there is a note here for you from the billing department." The form was designed … [Read more...] about Polite form on chart collects balance due at registration

Patient collections ‘bonus incentive’ program increases patient payments and staff pay

October 9, 2018

An Indiana practice recently established a bonus incentive program for its support staff that has been a huge help to patient collections. "I had managed an office prior to joining this practice where I was able to track patient collections percentages each day," Leanne Craig, office manager at Hendricks Therapy, tells Medical Office Manager. "I had a report within our … [Read more...] about Patient collections ‘bonus incentive’ program increases patient payments and staff pay

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