Contending with the emerging global pandemic of the novel coronavirus is becoming even more difficult now because of anxiety and pressure causing individuals to abuse opioids. Due to the lockdown and stresses caused by COVID-19, there have been major spikes in opioid abuse both by workers and those who are stuck at home.
While you are working hard to protect the health and safety of your staff and patients during the battle with the novel coronavirus responsible for COVID-19 infections, you also need to pay attention to your bottom line and the financial health of your organization. Amidst uncertainty about how we will weather the global pandemic from a medical perspective, we have to prepare for the financial impact as well.
There are many aspects of MACRA, and it's important you're familiar with all of them.
It’s essential to pay close attention to the flow of revenue in your healthcare organization. And to that end, prudent managers will make sure that they use the right tools to gain insight into the revenue cycle and to manage the details.
By now, leadership in your medical organization is starting to conclude that there are more problems than benefits in continuing to use paper-based records and it is time to make the switch to electronic health records. While some practices can manage to get by using old-fashioned paper, the drawbacks can no longer be ignored. Paper records are simply too insecure and it is becoming increasingly difficult to justify using this outdated method of maintaining patient files.
See Past Events: 2019 | 2018 | 2017 With so many changes occurring in the fast-paced world of healthcare, it makes sense to attend as many healthcare conferences as would be practical for your organization. Conferences give you an opportunity to hear from notable experts, network with colleagues and keep up to date on important healthcare industry developments.
In any enterprise, knowing what your clients or customers want is crucial for ensuring the long-term survival of the organization. This is especially the case when it comes to medical organizations. Patients do not have to put up with a doctor’s practice that doesn’t meet their needs, because generally, they have a wide range of healthcare provider options from which to choose.
Whether you are already a medical industry professional or have an interest in medicine and would like to expand your knowledge, it pays to make the maximum use of your time as you learn. Busy people who want to stay on top of healthcare industry developments, innovations, and the latest news may not be able to devote much attention to reading books or journals, let alone watching lengthy documentaries.
A great deal of financial work goes on behind the scenes at any thriving medical practice. That’s a given, since you cannot keep the doors open and the lights on if you neglect seeing to the timely delivery of payment for each patient you take care of. With that in mind, professionals who are in search of solutions to save their medical organization time and money find themselves turning to revenue cycle management software.
Many familiar objects are starting to become phased out to be substituted with digital versions. For example, we read e-books on our portable devices, listen to digital music instead of purchasing physical recordings, and enjoy streaming videos instead of going to a store to buy a Blu-ray disc. Paper prescriptions signed by the hand of a physician are another example of objects going digital. If you currently rely on paper prescriptions but have some awareness that electronic prescriptions offer some benefits, read on to learn how they can improve your practice and the patient experience.
We live in an era of accelerated change with constant innovation in technology, including medical equipment, computers, and software that never stay the same for very long. While your primary focus is on providing outstanding healthcare service, you have to devote some time and attention to staying up-to-date with all your technology too, since we rely so much on devices and applications to provide medical services.