Everyone talks about patient no-shows. Some practices take for charge and control, some, not so much. I’m dividing the nemesis of no-shows into parts. One, how to avoid them in the first place and also, how to manage them because inevitably you cannot ever eliminate them. Good scheduling practices are financially more rewarding. We have …
There are hundreds of EHR systems in the market today. Many of these have been around for about 10 years or more. Thousands of medical offices search online for systems. This search may be initiated either because they are starting a new practice and need a system in place, or they are not happy with …
Modify the EHR to fit your current workflow or adjust workflow according to the EHR system. What should you do? Wrong question. It is like putting a cart before the horse. In the past few weeks, I have talked a lot about practice revenue and revenue cycle management. Let me focus on that as I …
Practice Management Software and Workflow. What comes first? Read More »
How many times have we seen this sign in a public restroom?
This week is a continuation of the high-level financial analysis of your practice. Part of this analysis involves looking into your collections and related gross collection percentages. However, collections do not always meet expectations and there are a few possible reasons you should look for: 1. Shift in your payer mix (click here for last …
Practice Financial Analysis – Part 8 – Possible Embezzlement Read More »
This week is a continuation of the high-level financial analysis of your practice. Part of this analysis involves looking into your collections and related gross collection percentages. However, collections do not always meet expectations and there are a few possible reasons you should look for: 1. Shift in your payer mix (click here for last …
Practice Financial Analysis – Part 7 – Poor patient receivables management (Patient A/R) Read More »
