Practice Administration Archives

Is your Clinic too Crowded? Save your Medical Practice by Optimized Management

More patients mean more money but many practices are still not prepared for handling the patient influx caused by the Affordable Care Act. Due to the lack of skilled front-desk staff and physicians, providers have become uncertain about the future of their business. The shortage of skilled resources has put pressure on an already-taxed healthcare […]

What do Physicians Prefer to Join – Hospitals or Group of Clinics?

There are several factors that determine whether a physician should run a private practice, get employment with a hospital or work in a group practice. Physician employment is increasing at a rapid pace; however, majority of physicians continue running a private practice in the US. According to a report by AMA, approximately 60% physicians worked […]

How many Insurance Carriers should Physicians Ideally Enroll with?

Physicians and insurance carriers complement each other. One can have a large influence on the other. In fact, it would not be incorrect to state that one can make or break the other’s potential client base. However, providers and payers usually follow the “you scratch my back and I scratch yours” policy. They know that […]

Why are Lesser Physicians Opting to Open an Individual Clinic?

It has been observed that a large number of physicians in the US are losing control over their professional lives. Increasing workload, payment cuts and rising costs of running a private practice are making them feel stressed and frustrated. Young Physicians Opting for Financial Stability There has been an increase in the number of young […]

Things which Hit the Profitability of a Clinic the most

Healthcare reforms, patient influx and downward pricing pressures from insurance companies have made it difficult to run a profitable clinic. It is important for providers to analyze their practice management system, financial standing, billing, and collections procedures. This will help to determine if their practice is reaching its full revenue potential. Observation and surveys reveal […]

5 Successful Steps that Practice Managers Follow to Maximize Revenue

One of the major focuses of the healthcare service providers undoubtedly is profit maximization and the ideal way to achieve this is through revenue management which can be accomplished by practicing few simple but very important steps. This essential aspect of the healthcare organization is the key role of the practice managers, who by applying […]

How Effective are Consultants in Streamlining Cash Flows in Clinics?

Scores of patients used to crowd healthcare facilities, especially the OPDs, creating a lot of chaos and confusion for the healthcare personnel and administrative staff. However, thanks to the efforts of consultants besides a host of other factors such as automation, new time management techniques and tools, well trained staff, etc., the scenario of practices […]

Is your Front Desk Specialist Trained for a Complex Clinical Environment?

Efficiency of a clinic largely depends on the front desk staff and these professionals can contribute hugely towards patient satisfaction. These two basic reasons call for training the front desk specialists. It has proven to not only help enhance collections but also to reduce the accounts receivables age. Medical practices should step up their efforts […]

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