Healthcare IT Blog

2022 is not quite finished yet, but you’ll want to spend some time considering what’s ahead in the coming year for your medical organization. After all, it’s best to be as prepared as possible for upcoming requirements that will have a big effect on your practice and the way you do business during the next two years of the Biden administration.

Savvy owners and operators of medical practices know that it’s prudent to periodically look ahead to the future of healthcare technology trends. The idea is to carve out a bit of room in their already busy schedules to get a better understanding of what may be to come. Doing so can help you support your bottom line in the coming year.

It’s not always easy to make a big change in how you run your medical facility. But if you delay implementing practice management software, it can put your organization at a huge disadvantage. You run the risk of falling behind other savvier healthcare providers. You should assume your competitors are using modern medical practice management software to manage their practices. With that assumption comes the realization that your staff will be working less efficiently than other doctor’s offices in comparison. It should be clear that failing to use industry-standard medical software can hamper your facility's smooth operations and damage your bottom line and future financial health. By now, most medical practices have progressed beyond relying on old-fashioned paper-based systems. For those that are still stuck with dead trees for their filing system or who are only getting by with generic management software to manage their medical practice, here are five ways that practice management software will help you.

Running a flourishing medical practice can be an extremely labor-intensive process that involves a lot of moving parts. Anything that you can do as a manager to simplify your team’s workflow and add efficiencies to the system will go a long way toward helping your organization thrive amongst your competitors. Ordinary office management software tools will not suffice for the complicated environment of a busy medical practice. This is why so many medical organizations have come to rely on dedicated practice management software created by application professionals who know their way around the world of healthcare. As you prepare to use practice management software, here are five things that you should look for to ensure you get the best results.

While we are still in the middle of summer, it’s prudent to look ahead to next year to prepare for potential changes in how your medical practice will receive payments for services rendered. Whether your patient population currently consists mostly of Medicare patients or only a portion, it’s imperative to stay on top of regulations and updates that the government issues regarding healthcare coverage. And consider that local demographics may be changing, leading to more Medicare patients coming through your doors in the years to come. It can be challenging to carve much time out of your already busy schedule to keep track of what’s happening with Medicare lately. With that in mind, here’s a look at proposed Medicare fee schedule changes that are anticipated for 2023.

Medical practices, small and large, rely on electronic health records or EHR software to help them keep track of patient data and spot overall trends in the population they serve. For those healthcare providers working in the area of behavioral health, a behavioral health EHR application is indispensable. 

How is the flow of revenue in your healthcare practice these days? Or more precisely, how is your revenue cycle management (RCM) progressing?

Medical Billing: Claim Submission and Follow Up "Medical billing is the process of submitting and following up on claims with health insurance companies in order to receive payment for services rendered," as stated on HBMA. Without submitting clean claims on a timely basis, it doesn't matter how many patients you see or how many services you render.

Your healthcare organization or medical practice needs tighter control over the flow of revenue and you are now preparing to deploy Revenue Cycle Management software. If you’re new to RCM applications or are curious about how RCM will integrate into your company’s existing medical billing computation infrastructure, it pays to become more familiar with Healthcare Revenue Cycle Management software and how it works. To help guide you in the decision-making process, here are the top features to look for in Revenue Cycle Management software for both smaller practices as well as large healthcare organizations.

As your organization devotes itself to providing outstanding healthcare for patients, you have to consider what the overall experience is like for each person who passes from the waiting room into the examination room.