Large corporate offices and small, local businesses alike are anxiously awaiting the day when they are cleared to reopen their doors. Medical practices are in the same boat, waiting to be able to see patients, deliver the services they need, and at the end of the day, contribute to that bottom line.
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.
These days, crowded waiting rooms and patients walking past one another on their way to examination rooms is becoming a health risk in its own right. The spiking cases of the novel coronavirus that causes COVID-19 infections has led countries to formulate policies about social distancing. The idea is to minimize the chance of infected individuals being able to spread the virus.
When you're reading or listening about technology these days, it seems like the Internet of Things (IoT) is everywhere.
As the world reacts to the growing threat of the new coronavirus, healthcare workers are on the front lines of the effort to combat this disease, safeguarding the population while also striving to protect their own health with limited supplies (including masks) while hospitals fear shortages of ICU beds and ventilators.
Telemedicine (or telehealth) has been around for several years. But the coronavirus pandemic has propelled telemedicine services into being the leading vehicle for remote healthcare. While it may be the leading vehicle, it’s not the only vehicle for diagnosing and treating patients remotely.
Digital literacy and the use of digital tools are inevitable in our wired world. Using the right technology in your practice can help you to be productive and manage time in a better way.
In recent years, there has been a significant shift by many, both older and younger, to monitor their health and well being. The growing Sober Curious movement adds proof that the relationship with alcohol and other substances has changed. Some might even come to question if they have a substance use disorder, especially when they can’t seem to not drink at a sober event.
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.
Today in the United States, behavioral health practices of all sizes continue to operate using old-fashioned paper-based systems or generic office software that does little to help them keep their work organized and flowing efficiently.