The first baby boomer wave has hit the healthcare beach and the second is on the way. Understanding what makes boomers tick and serving them with well-matched technology will ensure continued quality care as demands on the healthcare system increase.
A snapshot of the current state of artificial intelligence in medicine, key factors private practice clinics should keep their eyes on, and potential AI tech dream distractions to avoid. In the technology world, once in a decade – sometimes only once in several – a new technology comes along that changes the way we live, … Continued
At the core of every thriving private practice is a robust billing process, seamlessly integrated with an effective revenue cycle management (RCM) system. Grasping the interconnectedness of RCM and billing is crucial for a practice’s financial success. Efficient billing isn’t just about sending out invoices and awaiting payments—it’s a nuanced dance of processes, communications, and … Continued
How can your independent medical practice compete with big healthcare facilities? Simple. By automating your processes and systems. During the pandemic, the healthcare industry—like many others—evolved to reach patients at home by using more automation tools. From Zoom appointments to online prescription refills, physicians were forced to adapt to meet patient needs. Surprisingly, many of … Continued
Learn how to position your private healthcare practice in the best possible light, opening the door to financially favorable M&A opportunities from private equity firms and large-scale healthcare networks.
Since 2020, the healthcare industry has widely adopted the use of telehealth or virtual appointments. And linking healthcare and electronic information and telecommunication technologies has helped to connect everyone from any location, providing them with comfort, convenience, and care. We created this eGuide to share how the healthcare industry has made a more widespread shift … Continued
As a private practice owner, do you know which data points have the biggest impact on your revenue? Studies show more than 65% of healthcare providers fail to track business-critical KPIs. If you’re unsure where to start when it comes to monitoring and measuring your practice’s most important data points, AdvancedMD has you covered. Download … Continued
As a medical practitioner, you know the challenges of managing a medical practice while also providing excellent patient care. We know it takes staying on top of administrative tasks, managing staff and resources, and adhering to industry regulations to run a successful practice. But many of these responsibilities can be time-consuming and, at times, tedious … Continued
5 MACRA Facts Every Medical Practitioner Should Know With so many acronyms and changes happening to the Medicare program over the past several years, it’s no wonder MACRA is often not fully understood. We wrote this eBook to give you all the main facts about MACRA to guide your independent medical practice. Read this eBook … Continued
Healthcare is a rapidly changing industry, especially since the Covid-19 pandemic. After enduring remote prospects and at-home explanations, telehealth and telemedicine continue to thrive as people don’t want to go back to archaic scheduling, billing, and so on. Healthcare continues to shift from in-person office visits to online payments. Not only that, but millennials are … Continued
We recently reached out to our customers and a select group of prospective customers to learn how telehealth (telemedicine) has evolved post-Covid. As a technology company, we are seeing very positive rebounding both for number of patient visits, and reimbursement amounts. Our goal with administering this study was to learn if our clients share … Continued
Today’s private practices have had to adjust to mounting challenges like ICD-10, Meaningful Use, and ACA. With so many changes disrupting practice management processes, it may seem as though your private practice is leaking revenue—and it probably is. Operational inefficiencies and redundancies are costing your office time and money.