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Creating an Easy-to-Implement ICD-10 Action Plan

Harold Gibson

Is the ICD-10 nightmare going to cease? Whether it does or not shouldn't influence whether are prepared for the possible transition. And even if you've already created a ever budget for it, you still need to develop an action plan, and yes, this action plan can be a bit complex in terms of carrying out the involved tasks.But by following an action plan you can rest assured that you'll be covering all the bases in relation to compliance with the new codes.

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Topics: ICD-10

Can outsourcing medical billing process maximize your revenues?

Harold Gibson

While in-house medical claims billing and outsourcing both have their advantages and drawbacks, one way to determine which is best is to do a cost comparison analysis. Using a hypothetical practice consisting of three primary-care physicians and two in-house billers, let us do some comparisons in a nutshell.

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Topics: Medical Billing

Strategies for competing as an independent medical practice

Harold Gibson

The trend against physician-owned medical practices

It wasn’t that many years ago that each doctor ran a medical practice as they felt best served the needs of providing care in their communities and local hospitals. Thanks to recent changes in reimbursement rules and the increase in compliance tracking and other paperwork, small independent practices, with their smaller staffs, are in danger of becoming as extinct as the dodo.

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Topics: Medical Practice Marketing

7 Strategies to Make More Money as a Owner of Medical Practice

Harold Gibson

In a society where government healthcare programs and mandates are making it all more difficult for private doctor offices to make money, there is light at the end of the tunnel, and it all starts with implementing the right tactics. Not only can higher profit levels lift the burden of feeling pushed toward employment, but it can also facilitate better patient care, which in return boosts profit levels even further. 

Here's a close look at seven effective ways for making money in your private practice in today's competitive healthcare industry. 

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Topics: Medical Practice Marketing

How Medical Practice Revenue Can be Improved in the Mobile Age

Harold Gibson

Regardless of the type of business you have, marketing is a major aspect of ensuring that it prospers. This is especially true when it comes to managing a medical practice, despite what many people may believe. Not only do you have to market to perspective customers via the internet, but with the mobile age in full-swing, it is necessary to reach those perspective customers, as well. Since many consumers access the internet solely through their mobile devices, by not marketing to this category of people, you could be missing out on numerous possible patients. Here are some easy tips for improving your marketing strategy to the mobile audiences out there:

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Topics: Medical Practice Marketing

About this blog

A place for physicians and other healthcare RCM stakeholders to share and discover information about everything related to medical billing and ways to increase revenue.

Founded in 2002, M-Scribe is a full service Revenue Cycle Management (RCM) Company. We provide all types of claims billing services integral to healthcare delivery system.

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