Medicare reimbursement involves a complex series of rules, qualifications, and calculations, which change annually. It’s critical for specialty practices to stay on top of each year’s changes so you can be prepared for how they might affect your bottom line. This guide will address: 1. How Medicare Reimbursement Works 2. The Medicare Physician Fee Schedule 3. Proposed 2025 Changes to Medicare Reimbursement 4. How to Maximize Your Revenue from Medicare 5. The Future of Medicare Reimbursement
Patient Engagement | EHR | MedSpa
What Does Patient Engagement Mean? Patient engagement encompasses every experience, encounter, or interaction where the patient engages with your practice. In today's digital age, this often involves patients interacting with online portals, mobile apps, or digital experiences on the practice's devices. Patients may use these tools to schedule appointments, shop for products, watch informational videos, view before-and-after photos, sign consent and intake forms, and review pre- and post-treatment instructions.
No one likes getting “ghosted” – abruptly being cut off from contact – and that includes when patients don’t show up for appointments. Unfortunately, patient no-shows are common, especially for outpatient clinics, which have an average no-show rate of 27%.
A medical practice is a business, but it’s a business like no other. Managing a private medical clinic is a complex job that presents many challenges.
Nothing is more important to a healthcare provider than the safety of their patients — and in 2024, that includes the safety of patient data.
While many of the use cases for artificial intelligence in healthcare are still in their early stages, the technology is rapidly making inroads in specialty medical clinics.
Every medical clinic, no matter its size, needs an efficient way to organize patient data. If you have a small, private practice, you may think paper charting or a custom-built record-keeping system suits you just fine —– after all, you don’t have that many records to keep. The truth is, even a small practice can get huge benefits from switching to an EHR. Holding out on this technology is doing a disservice to your patients and leaving money on the table.
To encourage medical providers to use electronic health record (EHR) systems, the U.S. government has linked their use to Medicare reimbursement, with penalties taking effect in 2024 for providers not using the technology. But avoiding penalties is not the most compelling reason to use an EHR. The greatest benefits of EHR systems are an improved patient experience and a more profitable practice.
