In today’s highly competitive market, keeping a medical practice consistently profits has become a challenge. To be successful, first, you have to learn where you stand now. Dig deeper into your financial data and compare your earnings, spends, and profits. Benchmarking is the only way to understand the dynamics of profitability. When you will compare …
Read moreThe Secrets to a More Profitable Physician Practice
The year 2018 will remain notable by continual insecurity plus US health industry’s risk, in the light of Research Institute (HRI). The year 2018 is inclined to imitate the last year which was spotted by harsh arguments over reforms regarding tax and health and a chain of calamities that the natural catastrophes stimulated with regard …
The healthcare industry is bearing an imbalance in work-life, especially for physicians. In spite of the commendable work-ethic of the previous generations, the morale of physician is currently overburdened. The industry is undoubtedly going on a wrong route, as 46% of physicians felt burnout overtly in 2015 and this percentage was 40% in 2013. However, …
Read moreDemanding Health System Is Causing Physician Burn Out and Draining Medial Brands
Responding to a breach is an extremely recommended segment to comply with HIPAA. In this way, you can ensure complete safety in order to alleviate breaches. Below are the four approaches you should adopt to avoid breaches. A. Analyzing the Risk HIPPA requires this approach due to its significance. It should be entirely comprehensive and …
Read moreNecessary Measures to Comply With HIPAA In Case Of Medical Data Breach
Medical billing solutions are of much significance due to their number of benefits for the healthcare practitioners. The innovative medical billing solutions are increasingly important in the current era as practices require effective and faultless medical billing for the smooth running and developing of the businesses in the long run. Below are some of the …
Read moreHow Medical Billing Solutions Are Significant for Healthcare Practitioners
The chief digital information officers (CDIO) are finding great trouble to formulate strategic plans due to the vagueness of policies, diversity in the marketplace as well as advancement in the technology. The CIO’s are struggling with the shift in the technology. The escalating consumerization in the healthcare industry has turned out to be a major …
Read moreThe Shrinking Lifespan of Technology-Based Healthcare Strategies
In the past few years, there are many reforms to impart the right of decision making to the healthcare consumers in every respect. They were not really involved in the process of choosing what’s best for them in terms of healthcare products and services. However, recently, it has been noticed that consumers showed a significantly …
Read moreThe Pairing up of Traditional Healthcare Stakeholders with the Non-Traditional Ones
The growth of Healthcare Consumerism and complex agreements regarding risk sharing between consumers and healthcare providers caused the process of claim management extremely intricate plus highly labor dependent. The process of checking claim status roughly consumes 5 to 10 minutes asks for the provider to submit certain information whenever a fresh claim status is required. …
Read moreThe Current Claim Status Inquiry Process Is Complicated for Organizations
The rise in healthcare consumerism, the healthcare is sensing an increased need to engage patients in the process of their healthcare. In this regard, a key step is to put together the nonstop flow of data from sensors, wearables, and another internet of things (IoT) tools that are currently regarded as patient-generated health data or …
Read moreKnowing the Significance of Patient-Generated Health Data (PGHD)
The conventional approach of FDA for software-structured medical devices appears to be unfitting due to its certain limitations. Therefore, FDA proclaimed a pre-certification program recently which will foster new digital health solutions at the same time will give a lift to established medical device agencies. This pre-certification program is basically a pilot program intended to …
Read morePre-Certification is Significant for Digital Health and Medical Device Makers