The Medicare Physician Fee Schedule proposed rule recently came out, and physician groups and individual providers are already calling it a “mixed bag” for practices. While the proposed rule definitely has some good policies in it, there are some concerning ones, too. It’s important to be informed on the coming proposed changes and make your voice heard if your practice has concerns.
One of the key ways to protect your practice revenue is to avoid claim denials. While medical billing claims may be denied for various reasons, denials due to a lack of medical necessity — often called hard a hard denial — are quite common. Fully understanding medical necessity is a critical part of preventing denials that cost your practice.
Nothing makes medical practice staff happier than seeing their patients thriving and taking a proactive stance on their health. The better patients do, the better their business does. Every medical practice wants to reach more patients to see their health also improve.
When outlets for advertising perpetually shift to meet new trends and developments, staying up to date poses difficulty. However, medical practices can employ many simple and cost-effective strategies to use the evolving marketing landscape to their advantage.
Over the past several years, physician groups and hospitals in various markets have started participating in accountable care organizations (ACO). Some ambulatory surgery centers (ASCs) have already joined ACOs, while others try to determine if they should get involved or go in another direction.
Before you can determine if being a part of an ACO is right for you, it’s important to fully understand ACOs, some of the potential hurdles for contracting with them, and some insider tips on surviving in an ACO market, whether you decide to join one or not.
In today’s increasingly digital day and age, medical professionals need to be more vigilant than ever before to avoid costly setbacks like hacks, cyberattacks, and data breaches. As a dedicated health care provider, you are a target for hackers to exploit your business’s private information. Moreover, you must take steps to protect your patients’ private medical information -- all while staying HIPAA compliant. Health care providers also have to consider the potential financial cost and loss of resources that could be associated with a data breach. With the global cost of data breaches rising to $6 trillion annually, health care professionals can’t afford to be indifferent about cybersecurity. For these reasons and more, it’s time for medical professionals to take a stand against data breaches by utilizing tried-and-true strategies. Take a look at the 4 tips for health care professionals in today’s market to effectively avoid costly data breaches.
Particularly during a time when so many professional teams are working remotely, it’s crucial that medical providers take steps to secure their data and servers by incorporating single sign-on software (SSO). SSO is a security measure that restricts users from being signed into the company’s platform on multiple devices at a time. This measure effectively cuts down on the possibility that an unauthorized party could access the platform from another device with stolen log-in credentials. By prioritizing security measures early on with airtight access control measures, health care providers are sure to enjoy heightened security benefits and less risk of data breaches.
