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Increasing profits

How the right payment technology can improve profitability at your practice

June 13, 2014

By Brent Warrington  bio Medical practice profitability is a regular concern for practice managers. Now the Affordable Care Act has perhaps shined a brighter light on what it takes to stay in the black. What's more, insurance companies are under pressure to manage costs and grow revenue, sometimes resulting in lower payments to physicians for patient visits, services, … [Read more...] about How the right payment technology can improve profitability at your practice

Model Tool: Meaningful Use resources

May 20, 2014

Why you need this list: Getting certified electronic records technology can help your practice retain profits. How this list helps you: Resources and information online can help you get certified electronic health records technology and achieve meaningful use. How to use this list: Follow the links to these additional online resources. … [Read more...] about Model Tool: Meaningful Use resources

Indiana office uses billboards and TV to bring in a flood of new patients

April 10, 2014

An Indiana practice is seeing a significant number of new patients from a billboard and a TV commercial. It's money well spent, says Laurie Streib, administrator of Gastroenterology of Southern Indiana, an eight-physician, 43-staff practice in New Albany, IN. And getting the advertising going has been amazingly easy – the billboard company designed the sign and the television … [Read more...] about Indiana office uses billboards and TV to bring in a flood of new patients

Editor watches staggering changes in medical office management

December 22, 2013

By Susan Crawford Founding Editor Dear Readers: Medical Office Manager’s first issue came out in November 1987. And now after 26 years as your editor, I have retired. This is a good time to look at the issues and conundrums you as manager have faced during all that time and to congratulate you on a job well done. The changes have been staggering. You have kept up with them … [Read more...] about Editor watches staggering changes in medical office management

Don’t let the office get caught in Medicare’s pay cuts

June 3, 2013

e-scripting, EHRs, and value modifiers Medicare has been offering a lot of incentives for technology use and quality measures. But those same incentives have their dark side – payment cuts for noncompliance. Here are the three cuts to be dodging right now. And along with them is the unavoidable 2% cut brought about by sequestration. #1: the 2% cut on e-scripting Most imminent … [Read more...] about Don’t let the office get caught in Medicare’s pay cuts

Sequestration: another 2% cut on doctors’ payments

April 1, 2013

Sequestration. It began March 1, 2013. And it is hitting doctors’ payments by 2%. As to what managers need to do to meet the payment reductions, the financial experts are all advising essentially the same things: get the copays and deductibles up front, and set up a credit-card-on-file for as many patients as possible. The sequester specifics are these: The 2% … [Read more...] about Sequestration: another 2% cut on doctors’ payments

Keep safe from the Recovery Audit Contractors and the courts by making the corrections correctly

January 4, 2012

What flaws are the Recovery Audit Contractors searching for in records? Illegible documentation, incomplete documentation, unidentified providers, wrong dates of service – and evidence of improper corrections. To help offices stay safe, the government has set out guides for making corrections so the records pass muster with the RACs. Those same guides will also ensure the … [Read more...] about Keep safe from the Recovery Audit Contractors and the courts by making the corrections correctly

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