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User Profile @promd

author: Pro MD Practice Management

website: www.promd.us/

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promd's Posts

How to Reduce Claim Denials

Consistent cash flow is essential to the health of any business. This holds true for medical practices, as well. Maintaining an adequate level of revenue while minimizing the number of claim denials can be a struggle.  Read more... continue reading
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Medical Practice Outsourcing Services

It can be a real challenge trying to juggle the many tasks that need to be done behind the scenes at your medical practice when all you want to do is focus on your patients. It's why many medical practices end up outsourcing various services, from billing and collections to credentialing.  Read more...

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3 Steps to Increase Profitability

We can count on the cost of providing quality medical care to continue to rise even while having to face forces that lower reimbursement to providers in the healthcare industry. It is easy to get caught up in the day to day operations of your medical practice management and lose your focus on the financial health and trajectory of your practice.  Read more...

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Maximizing Collections and Improving Billing Performance

When it comes to the differences between struggling medical practices and successful medical practices, it often comes down to billing and collections efficiency and not the actual quality of the medical  services. Maximizing your collections and improving billing performance will help to bring in more revenue, but it's something that a lot of medical practices have trouble actually doing.  Click Here continue reading
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Tips to Avoid Bottlenecks and Manage Your Patient Flow

Running an efficient medical practice is very important to your ability to treat all of your patients in a timely fashion. Unfortunately, bottlenecks can occur during any day that can put you massively behind schedule. When this happens, you can end up dealing with a lot of annoyed patients who are waiting around well past their appointment times while your staff struggles to keep up with their work - and when you and your staff are running around trying to get things done frantically, there's more risk for potential error, which can compromise your ability to effectively treat your patients.  Read more...

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Submitting Incident to Billing Claims

To many physicians and medical practice staff members incident to billing can be a somewhat confusing concept. When billed "incident to" for services provided by a non-physician practitioner (NNP), like a nurse practitioners, physician assistants or clinical nurse specialists, the Medicare claim is submitted under the physician's National Provider Identifier (NPI) number, and not the NNP's. This results in reimbursement at 100 percent of the fee schedule instead of the 85 percent that is paid when billed under the NNP's NPI.  Read more...

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3 Steps to Save Money When You Outsource

If you run a medical practice of some kind, then outsourcing your medical billing and collections services might be something that you will want to look into. There are many benefits to outsourcing your medical billing and collections services, one of the most convincing being the ability to make more money. The following are three steps that you should take in order to determine how much money you can actually end up making or saving by outsourcing your medical billing and collections services.  Read more...

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6 Signs to Fire a Staffer

Running a medical practice of some sort is no easy task. It's also something that must be taken extremely seriously since your patients will depend on you for their health and safety. Because of this, you can't take any errors that happen in your practice lightly - and you may have no choice but to let go of a staffer if they make a serious mistake. You're not going to have as much wiggle room when dealing with your staffers as you would at an ordinary business.  Read more...

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Best Practices to Increase Financial Health of Your Operation

Most physicians who open their own private practice do it out of a desire to provide service to their patients and to build on their relations with those patients. In short, to practice medicine. More often than not, the running of a business is secondary, or worse, an afterthought.  Read more...

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Difficult Patient Interactions

Physicians and their staff members want to be optimistic about each new patient that walks into their practice, but it is not realistic to expect every patient relationship to be a positive one. Some patients might bring a bad attitude and negative energy to your office.  Read more...

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