11 Things Successful Practices can teach you about missed appointments

There are numerous practices that cause people to lose over $100,000 every year because of missed appointments only. If you are here, we assume that you’re most likely one of the numerous practices on experiencing what we call the No-Show Epidemic. Every year about an average rate of 12% of missed appointments build up the …

Read more11 Things Successful Practices can teach you about missed appointments

Medicare Part B Premiums/Deductibles for year 2019

Medicare Part B covers physician services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part  A. The standard monthly premium for Medicare Part B enrollees will be $135.50 for 2019, an increase of $1.50 from $134 in 2018 The annual deductible for …

Read moreMedicare Part B Premiums/Deductibles for year 2019

ICD-10 CM Changes for the year 2019

The ICD-10-CM code set in the United States is maintained by the ICD-10 Coordination and Maintenance Committee. This committee reviews all requests for changes or additions to the code set and  includes representatives from the National Center for Health Statistics (NCHS) and the Centers for Medicare and Medicaid Services (CMS). The Center for Disease Control …

Read moreICD-10 CM Changes for the year 2019

Upcoming Medical Events in January 2019

As the new year of 2019 is right around the corner, we thought we’d share some of the important medical events that will occur in the month of January. Mark your calendars, for these include: National Blood Donor Month, Cervical Health Awareness Month, Thyroid Awareness Month, and National Birth Defects Awareness Month. National Blood Donor …

Read moreUpcoming Medical Events in January 2019

Should the U.S Healthcare delivery system be restructured?

The new trend adopted by the retail and pharmacy blockbuster chains means there will be express and retail clinics that have new partnerships with commercial insurers. Through this, they can expand their patient outreach and improve their bottom line while repositioning themselves as the new ‘front door’ of providing primary care. The proposed purchase of …

Read moreShould the U.S Healthcare delivery system be restructured?

How to Build Trust and Relationships and Use Technology Not Being Used By It

For so many years now, people have been trying to use the latest technology in order to give better access to the consumers so that they can get closer to the healthcare industry. The healthcare organizations succeeded in getting involved into the social media, building patient portals as well as latest innovative smart phone apps …

Read moreHow to Build Trust and Relationships and Use Technology Not Being Used By It

5 Technology Trends Impacting Healthcare

Healthcare technology is advancing by leaps and bounds. Thus, it is impacting the overall performance of the healthcare organizations drastically. In past, the technologies took time to make their place in a system but now they are being adapted more quickly. The use of these technologies is to make sure a safer environment for the …

Read more5 Technology Trends Impacting Healthcare

3 Common Uses and Misconceptions about AI in Medical Practices

Whether or not you are aware of it, you are using artificial intelligence every single day. It is something we are utilizing constantly, and it certainly is here to stay. Artificial intelligence helps you choose the best movie on Netflix, play your desired music via Amazon’s Alexa and filters the trending content on your personalized newsfeed on Facebook. These days Al is also performing business functions in several industries such as transforming business models and strategies. It is also included in healthcare, especially a physician’s practice. Al increases operational efficiency and improves patients experience. For non-techies, Al technologies like machine learning, neural networks and natural language processing can look scary and complex.

This might be true to some extent but there are simple Al technologies as well and these are capable of making a lot of difference in small sized and medium sized practices. Mostly, the working of these technologies is dependent upon identifying and mechanizing patterns. For example, these patterns are at times present in the airwaves, like you voice and may be detected in speech recognition. Al refers to computer algorithms which are capable of emulating a task performed by a human.

Read more3 Common Uses and Misconceptions about AI in Medical Practices

Top Five Reasons Why Say No to Payer Contracts

The payer contract is not just a fee schedule and as such there are many factors which have to be kept in mind when deciding whether to keep or terminate the contract. In fact, the fee schedule is usually a secondary consideration when you do decide to terminate a payer agreement. The top five reasons …

Read moreTop Five Reasons Why Say No to Payer Contracts

For Health Systems, Disaster Preparedness Never Ends

Natural calamities such as the Hurricane Florence have taught us that healthcare organizations must always be ready to deal with such disasters. Hurricane Florence forced thousands of people to evacuate the area and many healthcare organizations and facilities had to cease their activities. Dealing with the injured people during such events is one thing and …

Read moreFor Health Systems, Disaster Preparedness Never Ends