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Simple Tips to Improve Medical Practice Productivity

Patrick Dougherty

The Physicians Foundation, a nonprofit advocacy group, recently stated that the average doctor spends at least 20% of his time on uncompensated tasks, a figure that has nearly doubled in the last decade due to a flurry of new rules and regulations. For the average family practice physician, that equates to roughly $60,000 a year in lost revenue—even higher for other medical specialties. 

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Topics: Medical Billing

Understanding Medical Coding Modifiers in Dermatology Specialty

Harold Gibson

It's not a stretch to suggest that dermatology is one of the more intricate and complex specialties when it comes to coding and billing. Global procedure periods, bundled procedures, and especially modifiers all contribute to a coding environment ripe for errors—which can easily trigger an audit. 

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Topics: Dermatology Billing Service

How to Improve Staff Performance in a Medical Practice

Patrick Dougherty

In an era when many practices are struggling just to clear a profit under ever-changing and ever-lower reimbursement paradigms, the idea of performance-based incentive pay may seem counter intuitive. If your practice has extra cash at the end of the year, there are many places you could choose to spend it — new medical equipment, updated office space, or even physician bonuses. But some medical practices are looking more closely at "spreading the wealth" with their employees through performance-based pay. Here's a look at the pros and cons and how to implement an incentive program if it makes sense for your practice. 

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Topics: Medical Practice Revenue

Resolve Medical Billing Staffing Challenges with Outsourcing

Patrick Dougherty

There's been a lot written in this blog about the increased financial pressures on small to medium sized health care practices—everything from shifting reimbursement paradigms to increased regulation and red tape and even the trend toward high deductible health policies that put the onus on the patient to pay for much of his or her care. These challenges are well known. 

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Topics: Medical Billing

Improved Medical Coding Efficiency Improves Your Bottom Line

Patrick Dougherty

It's probably not a stretch to say that most doctors didn't choose their profession because they wanted to be successful business people—yet in today's environment of burdensome regulations, tight profit margins, and a trend toward corporate medicine and commodification of health care, that's exactly what doctors have to be in order to survive financially. And it's probably not a stretch to say that most doctors and small practice administrators would rather focus on the activities that deliver better care and overall experiences for their patients than business practices that improve profitability

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Topics: Uncategorized

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.

Established in 2002 by a group of physicians, we are a national provider of medical billing services to group practices, clinics, and individual physicians. We also specialize in provider credentialing, payer contract reviews and medical coding for a wide range of clients - from solo practitioners to multi-site, multi-specialty practices. 

Guest Blogging in Healthcare

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Improving Medical Practice Profitability Through GPO