Staying afloat in these changing times requires specialty practices to ramp up their marketing efforts. A relatively straightforward step is to look at how patients are referred to an organization...
As specialty practices embrace technology to improve performance, they often come to a crossroads. On one path is the option of having separate solutions to handle clinical care, practice management...
There has never been a more critical time to market a specialty practice. Increasing competition, rising patient consumerism and the need to expand shrinking margins are all factors that are pushing...
When it comes to MACRA’s Merit-Based Incentive Payment System (MIPS), change seems to be the only constant. The requirements associated with the MIPS program have been in flux since MACRA launched in...
Communicating with patients outside of periodic care visits is critical to improving their long-term health. Frequent interactions can keep people on track with care plans, ensure they attend...
As specialty practices begin to embrace value-based care models, many providers are considering technology that allows them to better capture information about the patient encounter, streamline...
As health care organizations aim to tighten their business processes to drive revenue and increase cash flow, specialty practices sometimes find themselves behind the curve, unsure of where to begin...
Many specialty providers wrestle with denials. For example, ophthalmology practices have one of the highest denial rates—weighing in at nearly 13 percent. If left unaddressed, denials can translate...
Re-tooling your revenue cycle to make it more efficient can go a long way in improving your specialty practices’ financial performance. As mentioned in the previous blog, a key area of opportunity is...
There are numerous external factors that can impact a specialty practice’s ability to remain financially strong—shrinking payer reimbursements, evolving regulatory requirements and the exploding...
