Whether you've just started your own medical practice or have been a leader in your respective field for years, it's important to recognize that revenue cycle management is one of your foremost concerns. Keeping a close eye on your incoming revenue streams and outgoing budget will allow you to understand where your practice's money is moving, but viewing this data more analytically can do even more for you. Ideally, you should regularly be taking time to observe your practice from a high-level viewpoint with the intention of identifying new sources of profit. The process of identifying new revenue streams can be made a great deal easier with these helpful tips:

The Health Insurance Portability and Accountability Act was developed in 1996 not only to make it simpler for people to maintain health insurance, but also to enhance the confidentiality and security of health care information. While it has been around for nearly two decades, full implementation of HIPAA is still very much under way, and providers have continued to make changes, from implementing new defenses to upgrading practice management software, in order to comply.

More than ever, it's incredibly important for medical professionals to do everything they can to maintain patient satisfaction. Studies show that physicians who engage in direct eye contact with patients are perceived as more empathetic and well-liked. This can be facilitated with mobile tools. Nextech's EHR solution works on both a PC and an iPad, allowing you to choose the best device for patient interaction. With the iPad app, you can keep direct eye contact in the exam room and even stay connected to your patients and your practice wherever you go.

Many of you have probably heard the rumors that CMS has released a proposed Meaningful Use flexibility rule, which could change the rules for the 2015 Meaningful Use reporting period. A proposal was released in April and rule-makers have 60 days to discuss the changes before anything is finalized. Experts in the field agree that a final decision should be released in the July/August timeframe.

With the EHR Incentive program and other initiatives to make health care more engaging, the patient portal is more important than ever. However, as revealed at the 2015 Healthcare Information and Management Systems Society conference, portal technology has largely fallen short when it comes to fostering engagement.

Regardless of the specialty in which you work, having effective practice management techniques will be key to your success in the medical world. Simply put, no matter how strong the care you provide to your patients is, you won't be getting everything you can out of your practice unless your management is as close to perfect as possible. While there will always be some level of inevitable mistakes in this sort of work, it's important to recognize that a continual, ongoing evaluation and adjustment of your practice management techniques can be extremely beneficial to you, your staff and your patients. Take a look at these key tips, suggestions and techniques to help you avoid a practice management epic fail:

Between upkeeping accurate electronic medical records, establishing and maintaining reliable revenue streams and continually developing your staff professionally, there's a lot to consider when you're running a medical practice. With all of these tasks requiring high-level attention on a daily basis, it can be hard to find the time to ensure that you're doing everything you can to build your practice's brand and client awareness. Luckily, living in the digital age means this process now requires less effort than ever before. Taking note of and implementing a few key tips and methods into your practice can help you build a meaningful online brand that can expand your client base and revenue streams while also bettering your reputation. Take a look at these helpful ideas when it comes to marketing:

Transcript: Hi there, and welcome back to the Nextech blog! Today we'll be discussing how to talk to your staff about the impending ICD-10 transition.