As a healthcare practitioner, there are several functions your office must complete in order to not only survive, but thrive. Arguably, medical billing is one of the most important because if the money owed to you doesn’t come in regularly and in a timely manner, you’re not going to be able to stay open for long.
Additionally, one study conducted by InstaMed found that two out of three patients (65 percent) are willing to find a new healthcare provider if their current one doesn’t provide a satisfying payment experience. So, not only can inefficient medical billing processes hurt your practice from a financial standpoint, but it can also cause you to lose patients.
Yet, the question that many health practitioners have with regard to billing is whether they should outsource this important task or perform it in house. Determining the answer lies in considering these eight factors. (more…)
According to the 2018 ReviewTrackers Online Reviews Survey, before doing business with a local company, 63.6 percent of consumers check Google first in an attempt to discover what people are saying about it.
Numerous others take the time to read review-based sites like Yelp (45.18 percent) and TripAdvisor (30.03 percent), and even social media sites like Facebook (23.14 percent) are used to see what others are saying about the company itself.
If you’re one of the majority then, you’re probably using online reviews to help you determine which electronic health record (EHR) software to use. While this may appear on the outset to be a fairly simple process, it’s important to realize that not all reviews are equal.
In other words, if you demand to know which EHR software has the best reviews, you’ll want to pay fairly close attention to three specific areas: review ratios, review quality, and review source. (more…)
The American Institute of Stress reports that work-related stress is “far and away the major source of stress for American adults.” In fact, one in three workers indicates that they feel extreme levels of angst while on the job.
The number one cause of workplace stress is workload, affecting roughly 46 percent of individuals nationwide. People issues are the next biggest concern (28 percent), followed by trying to juggle obligations at work with responsibilities at home (20 percent).
Worse yet, this type of workplace distress appears to be increasing over time, putting an employee at greater risk of life-threatening issues such as heart attack and stroke. Fortunately, many of these stressors can be minimized simply by maximizing your time. This infographic illustrates the 5 most proven ways to maximize your time, so you can focus on your clients instead of managing your stress. (more…)
According to the Centers for Disease Control and Prevention, 86.9 percent of office-based physicians currently use some type of electronic medical record (EMR) or electronic health record (EHR) system. Though this relatively high number is likely in part due to the implementation of the Health Information Technology for Economic and Clinical Health (HITECH) Act, using this type of practice management software also provides a number of practice and patient-based benefits.
For instance, using an EMR or EHR enables healthcare practitioners to keep all of their patient data in one convenient location, where it can be accessed via any device that is connected to the program. It also allows for ease of patient scheduling and billing via a highly automated, patient-centered processes. EMRs and EHRs also provide DCs the ability to quickly and easily compile all of the reports required to run a successful, legally compliant chiropractic practice.
But which integrated applications should your software offer, better streamlining the process and providing the most benefits? The answers to this question can be broken down into four basic categories: revenue cycle enhancement, patient engagement tools, multiple specialist adaptability, and linked diagnostic equipment. (more…)
According to a Duke University/CFO Magazine Global Business Outlook Survey, “More than 80 percent of U.S. companies indicate their systems have been successfully hacked in an attempt to steal, change or make public important data.” This study also found that small and medium-size businesses are most at risk, primarily because they tend to not allocate as many financial resources to this task as some of the larger companies in existence today.
While this particular finding paints a pretty grim picture about data security in chiropractic offices across the nation, the reality is that you don’t have to put your private information or that of your patients at risk. In fact, there are at least four things you can do to begin hack proofing your electronic health record (EHR) system today. They are: backing up your data, securing your internet, protecting your emails, and locking your network. (more…)