The Medical practice turf comprising of private practices, independent or groups has been on a gradual decline over the last 30 years. These developments throw light on the fact that physicians are moving away from private practices selling their practices to hospitals, medical centers, and multi-specialty hospital chains. In recent times, there has been a […]
No game is ever played with the same rules. Right from American Football to Soccer and Baseball, the rules of the game keep on changing drastically to suit the changing environment. The same logic, if applied in terms of medical coding requirements, also leads to the same way, the only difference remaining that in sport […]
Working in the healthcare industry is an essential component and likely to be in vogue, in the present day’s business scenario. A large portion of us know who is our physician, medical attendant or even the technician working in the lab, however one thing most of the patients as well as doctors don’t know is […]
As a practicing for Wound Care service, trends are changing constantly, it is no surprise when I read that the global wound care market is expected to reach USD 20.4 Billion by 2021 from USD 17.0 Billion in 2016, growing at a CAGR of 3.6% from 2016 to 2021. The above figures are based taking into […]
It is essential for physician facilities to track monetary performance metrics, as every dollar that falls through the cracks can create an adverse and irredeemable impact on the practice. So, the moot question that arises here is, have you set the Medical billing department goals this year? Do you know the importance of medical billing […]
The practice of medicine is all about specialization. Doctors spend more than a decade of practice necessary for getting specialization in any field of medicine. Plus with the technological advances, ever-changing protocols in the specialty, they need to stay abreast so as to provide the best care to their patients. But despite all the hard […]
Quality measurements and quality data reporting are an integral part of Medicare programs. PQRS (Physician Quality Reporting System) is one such reporting that is to be demonstrated to meet the quality performance standards. PQRS is a quality reporting program that boosts group practices and individual EPs (eligible professionals) to report about quality care to Medicare. […]
Donald Trump against all odds has finally managed to become the President of the United States of America on the promises of ‘Making America Great Again.’ Now that he is in White House, the promises he made to citizens before getting elected are slowly but surely, taking a shape. Be it about building the wall […]
There are developing numbers of wound care centers being opened in the United States. Their emergence signifies the need for more patient-centric chronic wound centers that deal with minor to major bodily injuries. A methodical approach to deal with the improvement and execution of a comprehensive wound care center depends on many critical elements such […]
In the overall business world, there is a very popular phrase that goes like “it costs five times more to attract new consumers than to retain the old ones.” This very phrase stands applicable in the physician business as well, where good customer service in the form of right treatment, hospitality, patient satisfaction, and proper […]
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