The TRIARQ Health Blog
Does your billing company cost your practice more than you realize?
If you're considering contracting with a billing company for your medical practice or questioning the effectiveness of your current vendor, it's crucial to take a closer look at the potential issues discussed in this article. While focusing on factors like customer...
Medicare Advantage and the burden of prior authorization: Seeking a balance for patient care
The growing administrative burdens associated with prior authorization requirements continue to frustrate patients and healthcare providers. In this blog post, we will explore the concept of prior authorization in Medicare Advantage plans, its impact on patients, and...
Data-driven decision making: The key to your independence
In today’s healthcare environment, data is essential for independent practice success. Whether you’re looking to improve your practice’s financial performance or to deliver higher quality, patient-centered care, data and analytics should play a critical role in...
The Future of Independent Orthopedic Practices
AAOS 2023 wrapped up in Las Vegas last week. This event was TRIARQ Health's first large industry conference since COVID; being back among the industry's top surgeons and vendors was invigorating. Great work is happening in the world of orthopedic surgery. Yet, at the...
5 Questions to ask when choosing a Medicare convener
Medicare has opened applications for Bundled Payment for Care Improvement Advanced (BPCI-Advanced) for 2024 and 2025. Many Orthopedic surgeons are pondering whether or not their participation in this program is "worth it." General frustration abounds from some...
What a physician services organization can do for Orthopedic surgeons
Managing a modern orthopedic practice is more challenging than ever. Administrative and compliance burdens balloon and become overwhelming, especially for providers who want to remain independent. Independent practices must be clinically and financially strong to...
Value-based care 101: what is it and when will it be implemented?
As the healthcare landscape continues to evolve, independent specialty practices, like Orthopedics, are shifting from traditional fee-for-service-based care to value-based reimbursement. Value-based payment models accounted for 38.2% of healthcare reimbursements in...
3 reasons practices should prepare for value-based care now rather than later
In recent years, value-based care has emerged in the healthcare industry as a new standard for provider reimbursement. Practices across the country are rapidly transitioning into this new reimbursement model, with 36% of providers reimbursed through value-based...
Setting 2023 Goals to Maintain Your Independent Specialty Practice
With the new year comes exciting new possibilities. Independent specialty practices have opportunities for innovation, new system implementation, and preparation for the long-term future of healthcare, including the shift to a value-based care model. However, running...
5 Practical Ways to Ensure That Your Independent Practice Stays Profitable
Independent doctors are invaluable to the healthcare system, doing everything from improving patient engagement to providing high-quality care at a low cost. However, independent practitioners also have to deal with several challenges. These challenges may include...
The Doctors Office Software You’ve Always Wanted
Keeping an independent medical practice running smoothly requires the management of many moving parts. There are the tasks that revolve around why a healthcare professional got into medicine in the first place, like meeting with and treating patients. Then there are...
Is Your Practice Wasting Time on Payments and Receivables?
Time is a precious commodity that many independent practices can't afford to waste. After all, running a medical practice is a complex and time-consuming process. Providers must care for patients, maintain legal and clinical documentation, manage employees, and more....