Is the Future of Your Independent SPECIALTY Practice at Risk?
What you should know about remaining independent
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 support, communications, and compliance is important, assessing how these aspects can impact claim resolution timelines, cash flow, and overall financial strain is equally essential.
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 driving your clinical and business decision-making.
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 government regulations, complex payment processes, staffing issues, negotiations with insurance companies, and the rising costs of care.