No amount of training that you and fellow medical professionals have undergone could have prepared you for the massive hit to the economy with the advent of the novel coronavirus pandemic in 2020.

The novel coronavirus pandemic causing COVID-19 infections to rampage across the planet has caused the healthcare industry to make some major changes. To help patients and medical staff stay socially distant as much as possible to avoid spreading disease, many organizations have adopted telehealth solutions.

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 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.

Your doors are open and patients in your community are starting to slowly emerge from sheltering in place. They are tentatively moving toward getting back to normal after the lockdowns instituted during the early days of the novel coronavirus pandemic.

The state of the economy, with a rise in unemployment and so many companies shut down in the wake of the global coronavirus pandemic is putting financial pressure on many individuals. Health practices are not immune to pandemic-related downturns either. So in the face of more and more denied claims, it makes sense to put some effort into reducing their number, for the sake of the financial strength of your organization.

Everyone has been hit hard by the global coronavirus pandemic. Now as you pick yourself up and assess the damage, it’s time to focus on what steps to take to turn around your finances. The good news is that improving medical practice cash flow is easier than you may think.

Medical practices have been through more than anyone could have ever expected prior to early 2020, when the coronavirus started spreading like wildfire through the population.

Medical credentialing verifies that nurses and doctors are properly trained and certified and have the required professional experience to provide healthcare services to patients. It’s a crucial aspect of maintaining high standards of safety in the medical profession.

You already know how important computer and software systems are in delivering healthcare, especially from the perspective of improving employee productivity and treating more patients more effectively. That’s true in a general sense, but not all healthcare providers have insight into a particular type of software used in hospitals, practices, and clinics all across the country—electronic health records or EHR software.

The bureaucracy and behind-the-scenes machinations of the medical billing process means the revenue cycle is much more complex than in the days before the industry began adding software automation tools to the mix.