Why Telemedicine Could Be The Next Frontier

By | 2017, Practice Development, Practice Operations, Practice Profits | No Comments
Why Telemedicine Could Be The Next Frontier By Valora S. Gurganious, MBA, CHBC, Partner, and Senior Management Consultant Technology is ubiquitous in modern society, and just when we thought that computers could not replace the “human touch” of a healthcare provider, technology is making specialized care accessible to patients anywhere there is an internet connection....
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Why Virtual Credit Cards Are Costly, But Won’t Go Away

By | 2016, Practice Operations | No Comments
Why Virtual Credit Cards Are Costly, But Won’t Go Away When insurance companies reimburse you by issuing virtual credit cards, your practice loses money, which is why most practices now receive payment using electronic funds transfer (EFT). Unfortunately, virtual credit cards aren’t going away: Some smaller payers still default to virtual credit cards, while at...
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Concierge Medicine: Personalized, Cost-Effective Care

By | 2016, Practice Operations | No Comments
Concierge Medicine: Personalized, Cost-Effective Care Note: This is the first half of a two-part series on concierge medicine by experts at DoctorsManagement who have helped many practices incorporate this model into their businesses. Concierge medicine, also known as boutique or private medicine has grown beyond just a trend. Paid entirely by patients rather than health...
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Revenue Growth: Efficiency in Healthcare

By | 2016, Practice Development, Practice Operations | No Comments
Revenue Growth: Efficiency in Healthcare By Frank Cohen, Director of Analytics and Business Intelligence Note: This is the second of a four-part series on improving your practice processes and workflow to boost revenue. The first article can be found here. Negotiating better contracts would certainly be beneficial, but many practices, suffering from the “Eeyore syndrome”...
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HR Alert – DOL Releases Final Overtime Rule

By | 2016, Practice Operations | No Comments
DOL Releases Final Overtime Rule By Philip Dickey, MPH, PHR, SHRM-CP | May 20, 2016 The U.S. Department of Labor (DOL) issued the long-anticipated final overtime rule on May 18 and included an exempt employee threshold of $47,476—less than the proposed rule’s $50,440 but slightly more than double the old threshold of $23,660. It is a change that will make millions...
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