Don’t you hate it when you go to a meeting, and some attendees are spending more time on their electronic devices than listening? Do you become angry when you are trying to train physicians on coding and clinical document improvement, and those who need what is being said the most are browsing Facebook or reading email? ...
Here are five quick tips to maintain a strong bottom line in your medical practice: Keep tabs on productivity: Monitoring provider productivity helps to manage providers’ compensation expectations, as well as the business’ bottom line. Regular reports, tying productivity to revenue, should be reviewed with providers. Maximizing revenue (charges) is number one for financial strength. ...
Some see ICD-10 implementation as an obstacle, but it’s really a chance to improve your healthcare business skills and knowledge. AAPC’s VP of ICD-10 Education and Training Rhonda Buckholtz, CPC, CPMA, CPC-I, CGSC, COBGC, CPEDC, CENTC, recently published a Physicians Practice article on avoiding productivity loss after ICD-10 implementation. “Failure to prepare early enough will ...
Aug 1st, 2013
Think accessibility, and relax. by Sylvia Partridge, CPC, CGSC “A place for everything and everything in its place,” I always say. Organized workspaces allow for efficient workflows, which in turn can lower employee stress levels and increase productivity. Here are some tips to get you to that happy place. Start by completely clearing out your ...
Mar 1st, 2013
Keep close tabs on productivity measurements, identify revenue opportunities, and share them with your provider. By Dixon Davis, MBA, MHSA, CPPM The most important factor in achieving financial success in a clinic is productive providers. Higher productivity results in higher revenue, while lower productivity results in less revenue. This is a simple concept, but we ...