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Medical Practice Management Blog Posts

Medical Practices Trends Should Watch Out in 2019

Harold Gibson

With 2018 in the record book, it's time for physicians to start looking ahead to 2019. Changes to the ways in which payers reimburse physicians for services, competition from new providers, and changes to healthcare law will all play a major role in how medical practices run their business. As the year progresses, medical practices should keep the following trends in mind so that they're prepared for the road ahead.

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Topics: medical practice management

Revenue Cycle Management Trends and Challenges for 2019

Patrick Dougherty

Highlights of 2018 Reviewed

2018 has been quite a year within the healthcare industry for patients, providers and especially medical claims billing. Knowing what to expect can help you to improve and strengthen your own medical billing strategies in 2019 and beyond. Over the past year, we’ve seen new trends and changes in the following areas:

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Topics: medical practice management

4 Ways the FY 2019 Budget Will Affect Medical Practices

Patrick Dougherty

The U.S. Congress passed the federal budget for the fiscal year (FY) 2019 on February 8, 2018, which will fund the government through September 2019. This budget will increase domestic spending by over $128 billion over the next two years, including areas dealing with healthcare. The most significant areas in the FY 2019 budget for medical practices include the following:

  • Program funding
  • Chronic care under Medicare
  • Relief from regulatory burdens
  • Drug costs
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Topics: medical practice management

Millennials in Medicine: What Do Younger Doctors Want?

Harold Gibson

The “Millennial” generation, usually defined as those born between 1982 and 1997 (or 1980 through 1994, depending on who you ask) is currently the youngest age group to take its place in the working world, behind their “Gen-X” parents and older siblings, who in turn are right behind the aging Baby Boomers (which currently make up the majority of physicians in the process of retiring or already retired, hence the need for younger replacements.)

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Topics: medical practice management

Value-based care and analytics: their impact on revenue cycles

Harold Gibson

The passage of the Medicare Access and CHIP Re-authorization Act of 2015 (MACRA) was intended to replace fee-for-service (FFS) with a framework that rewards providers for better outcomes and improved quality of care of population health while containing per capita costs. This shift places more emphasis on the entire care community’s coordinated efforts in sharing in both risks as well as responsibilities of the costs and outcomes. Although the impact of the law is currently focused on Medicare, its framework and delivery incentives are increasingly becoming the new model for other payers – and in the process, turning the health care delivery and reimbursement systems on their heads.

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Topics: medical practice management

About this blog

A place for physicians and other healthcare stakeholders to share and discover information about everything related to running efficient medical practices.

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.

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