Practice Finance

For small or independent practices to thrive in this healthcare environment, a "big picture" view of value-based reimbursement really helps.

Starting out with clear priorities will help simplify process of finding the right plan, experts advise

Practicing high-quality medicine requires collaboration and teamwork, but the first step is to build a talented staff

Qualified medical assistants can help primary care practices become more efficient, reduce patient wait times and streamline patient processing, which ultimately increase patient satisfaction.

Price transparency is the current and growing buzzword in healthcare.

Physician incomes have been a topic of controversy for years, with physician compensation being criticized as one of the leading causes of high health care costs.

The new model for primary care in America, has contributed to significant changes in the roles of our employees.

It’s about time-time to recognize that primary care physicians (PCPs) need more time with their patients.

The beginning of a new flu season marks a time for primary care physicians to consider how to vaccinate patients without falling into costly pitfalls.

Hospitals continually seek to broaden service lines and increase their market share by adding key private physician groups.

Theft and embezzlement is widespread, and it occurs more often in healthcare than in most other industries

There was a time when doctors looked forward to retiring after a successful career, looking to vacation, play golf and spend more time with their families. But these days, it seems more physicians are halting retirement plans.

Value-based patient care requires the support of an entire practice team, so make sure they understand the new rules of the game.

From the vendor for billing and collections software, to an EHR, if physicians have the need to succeed in value-based reimbursement, help is available.

Medical Economics is looking for physicians making a significant impact or driving innovation in healthcare as nominees for our first-ever list of “ChangeMakers in Medicine.”

You’ve no doubt heard about large healthcare companies and hospital systems being purchased for staggering sums by private equity firms.

A recent survey by Morning Consult showed that across the country, in both red and blue states, the overwhelming majority of Americans believe that a health system based on a foundation of primary care produces healthier patients, higher quality healthcare and lower costs.

Primary care practices located in community settings do a better job of providing high-value, cost-effective services than primary care practices within hospital settings, according to a recent article in JAMA Internal Medicine.

This problem represents yet one more example of CMS’ ill-advised attempts to dictate what transpires in the course of the doctor-patient encounter.

For doctors, the price of prescription drugs used to be largely a medical concern: Patients wouldn’t get better if they couldn’t afford to fill their prescriptions. But with Medicare’s growing emphasis on value-based care, many physicians now also have a financial stake in ensuring that patients can pay for the medications they need.

Regulators are providing flexibility when it comes to system upgrades, but functionality questions remain

We, the people, must have an open debate and come to resolution on healthcare: Is it a right or a privilege?

Providing healthcare pricing is important, but listing them in the form of a static menu is not helpful.

Chances are, many independent medical practices are participating in Medicare’s Quality Payment Program through the Merit-based Incentive Payment System (MIPS) in 2017.

Come out swinging for patients.

There are ways doctors can save significant money on occupation disability insurance.

New tools can help grow or run a practice, but be sure they also help the bottom line

Up to 80% of all medical bills contain mistakes, so what can be done to fix this problem?

How to optimize the revenue cycle with comprehensive patient communication strategies

Do patients prefer Marcus Welby, MD, or Derek Shepherd, McDreamy, for their physician? The former, a well-seasoned veteran of medical science, the latter, a recently educated young doctor?