You preach to your patients the effects of diet and exercise on their cardiovascular health. You explain the dangers heart conditions lead to and how to prevent them through lifestyle changes, but it's not common for you to mention psychiatric conditions in your practice. However, that might change due to recent studies conducted in Sweden and Finland.
The practice of vascular medicine has faced many challenges over the last decade. With the increasing competition from radiologists and cardiovascular physicians, the role of the role of the vascular practice is more significant than ever in terms of vascular medicine as a whole. Vascular surgeons have seen a decrease in their reimbursement rates for vascular procedures due to the passage of the Deficit Reduction Act of 2005. As a result, many vascular physicians are opting to perform more percutaneous procedures in their offices.
Even if your facility is successful at this point, there's still more you can do to increase revenue and enhance your reputation. Businesses that remain stagnant never grow; they remain the same and oftentimes don't continuously drive in patients. The main culprit of a successful medical facility decreasing in profibility or not continously bringing in new patients revolves around the competition who is setting new goals each year.
The Internet of Things. If you aren't into tech, you may not be familiar with the term or understand what it means. As simply as possible, the Internet of Things or IoT is the vast network of interconnected devices. It encompasses virtually all emerging technologies and will impact our daily lives in ways it is difficult to comprehend. Already, in its infancy, it is impacting healthcare and will continue to do so as more devices become connected and more alliances are formed between companies and machines. Here are Seven Ways the Internet of Things Affects Healthcare.
Every physician takes the Hippocratic Oath for a reason. When you become a doctor, you accept the responsibility of life and death, the responsibility of caring for people who are in need of care, and to do what is best for the general welfare of any who come in search of help with their health. Yet, a medical practice is still a business, and this means that physicians are put at a constant crossroad of having to balance doing what is in the best interest of the patient at all times, while also finding a way to maintain profitability.
Most people who suffer from allergy symptoms do not realize how easy it is to be tested, and find which allergen(s) that is causing them so much trouble. Once the allergen(s) have been identified they can be treated and the person will feel much better. Allergic reactions can be dangerous and allergy testing could eliminate a major health obstacle especially if there is a family history of allergic reactions.
Ambulatory surgeries don't require a hospital stay and are done in a comfortable outpatient setting. The recent surge of surgery centers is an indication to the satisfaction from a patient’s perspective as a result of safely, surgery efficiency and cost effectiveness. A patient has the procedure performed and is able to leave once the anesthesia wears off- normally within hours. It oftentimes saves the patient money, and it definitely saves time. Doctors perform outpatient surgeries more frequently than inpatient ones, with 52 percent of all surgeries performed each year classifying as ambulatory surgeries. Certain ambulatory surgeries are more common than others, though. With the increase in medical technology and surgical training we can expect additional surgeries and procedures to be done in an ambulatory surgery setting.
Revenue cycle management (RCM) is the backbone of any profitable medical practice. There are several problems common to the business side of medical practices that can cause a disruption in RCM. This article will discuss these problems, explain their negative impact and identify a remedy.
Health care professionals understand that patient care is always the top priority, however there is one component of patient care that everyone who works in a private physician’s office needs to pay greater attention to, and that is coding. It benefits the clinical staff immensely to have a good working relationship with the persons in their offices who are responsible for billing because communication is the key to ensuring that the best quality of care is being delivered to every patient.