Posts Tagged ‘Physician Practices’

Infographic: Is Adopting a Concierge Medicine Model Right for Your Practice?

April 5th, 2017 by Melanie Matthews

As physician practices face changes in the physician reimbursement environment, many practices are looking to alternative practice models, according to a new infographic by Kareo.

The infographic examines the key differences and similarities between traditional practices and concierge practices.

Under CMS’s “Pick Your Pace” choices for Year 1 Quality Payment Program participation, physician practices may opt for the minimum activity necessary to avoid a payment penalty in 2019 by simply submitting some data in 2017.

However, instead of delaying MACRA participation to the later part of this year, physicians should prepare and better position themselves today for MIPS success by analyzing their existing CMS data on their practices’ performance and laying a path now toward performance improvement.

Physician MACRA-Readiness: Mining QRUR and Other CMS Data to Maximize MIPS Performance describes the wealth of data analytics available from the CMS Enterprise Portal–Quality Resource Use Reports (QRURs) and other reports providing a window into practice performance under the Merit-Based Incentive Payment System (MIPS). MIPS is one of two MACRA reimbursement paths and the one where most physician practices are expected to align.

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Infographic: 5 Tips to Empower Medical Practice Staff

August 26th, 2016 by Melanie Matthews

Medical practice staff plays a pivotal role in shaping the patient experience, according to a new infographic by Specialdocs.

The infographic examines five key steps in empowering medical practice staff.

Healthcare Trends & Forecasts in 2016: Performance Expectations for the Healthcare IndustryPatient-centric interventions like population health management, health coaching, home visits and telephonic outreach are designed to engage individuals in health self-management—contributing to healthier clinical and financial results in healthcare’s value-based reimbursement climate.
But when organizations consistently rank patient engagement as their most critical care challenge, as hundreds have in response to HIN benchmark surveys, which strategies will help to bring about the desired health behavior change in high-risk populations?

9 Protocols to Promote Patient Engagement in High-Risk, High-Cost Populations presents a collection of tactics that are successfully activating the most resistant, hard-to-engage patients and health plan members in chronic condition management. Whether an organization refers to this population segment as high-risk, high-cost, clinically complex, high-utilizer or simply top-of-the-pyramid ‘VIPs,’ the touch points and technologies in this resource will recharge their care coordination approach.

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Infographic: Building a Million-Dollar Physician Relationship

August 1st, 2016 by Melanie Matthews

In today’s competitive healthcare environment, hospitals and health systems are looking to drive patient volume and attract and retain physicians, according to a new infographic by Evariant.

According to Evariant, the financial results of physician relationship management are compelling: A single physician, whether in primary care or a specialty, can generate more than $1.5 million in revenue each year, so it’s a heavy price when referrals and procedures are lost to competitors.

The infographic drills down on how to build an effective physician relationship management strategy.

A profitable by-product of CMS’s aggressive pursuit of value-based healthcare delivery is a menu of revenue opportunities associated with care management of the Medicare population.

Physician Reimbursement in 2016: 4 Billable Medicare Events to Maximize Care Management Revenue and Results details the ways in which Bon Secours Medical Group (BSMG) leverages a team-based care approach, expanded care access and technology to capitalize on four Medicare billing events: transitional care management, chronic care management, Medicare annual wellness visits and advance care planning.

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Infographic: 12 Physician Practice Models

January 18th, 2016 by Melanie Matthews

Healthcare industry challenges and government mandates are changing the way some physician practices operate, according to a new infographic by BillingParadise.

The infographic outlines how 12 different physician practice models work to help physicians understand and choose a model best suited for them.

One year after the Centers for Medicare and Medicaid Services began reimbursing physician practices for chronic care management services, Bon Secours Medical Group is now comfortable with the CCM reimbursement requirements and is reporting that it’s unique approach to this revenue opportunity is ramping up nicely. And, the organization’s approach to chronic care management reimbursement is helping to position itself for advance care planning as a new billable CMS event in the upcoming year.

During Physician Reimbursement in 2016: Workflow Optimization for Chronic Care Management and Advance Care Planning, a January 26th webinar at 1:30 p.m. Eastern, Robert Fortini, PNP, chief clinical officer for Bon Secours Medical Group, will provide an inside look at his organization’s experience with CMS’ chronic care management reimbursement this year and how they are leveraging this experience for CMS’ newest billable event in 2016—advance care planning.

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Infographic: Physician Practice Profitability

December 14th, 2015 by Melanie Matthews

The Practice Profitability Index, a survey of more than 5,000 physicians that provides an annual window into the issues affecting the financial and operational health of physician practices across the United States, revealed room for cautious optimism in 2016, with the share of physicians forecasting a negative profitability trend declining year over year. The Practice Profitability Index is sponsored by CareCloud and QuantiaMD.

A new infographic highlights some of the results from the Practice Profitability Index, including challenges to practice profitability, physician practice ownership trends and key targets for physician practice operational improvement.

One year after the Centers for Medicare and Medicaid Services began reimbursing physician practices for chronic care management services, Bon Secours Medical Group is now comfortable with the CCM reimbursement requirements and is reporting that it’s unique approach to this revenue opportunity is ramping up nicely. And, the organization’s approach to chronic care management reimbursement is helping to position itself for advance care planning as a new billable CMS event in the upcoming year.

During Physician Reimbursement in 2016: Workflow Optimization for Chronic Care Management and Advance Care Planning, a January 26th webinar at 1:30 p.m. Eastern, Robert Fortini, PNP, chief clinical officer for Bon Secours Medical Group, will provide an inside look at his organization’s experience with CMS’ chronic care management reimbursement this year and how they are leveraging this experience for CMS’ newest billable event in 2016—advance care planning.

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Infographic: Revenue Cycle Management

March 11th, 2015 by Melanie Matthews

Some 76 percent of physician practices handle their billing function in-house, according to a new survey by NextGen Healthcare.

An infographic by NextGen highlights the survey findings, including key billing metrics, best practices for handling denials and overall physician practice performance as it relates to revenue cycle management.


The Business of Medical Practice: Transformational Health 2.0 Skills for Doctors, Third EditionWritten in plain language using nontechnical jargon, The Business of Medical Practice presents a progressive discussion of management and operation strategies. It incorporates prose, news reports, and regulatory and academic perspectives with Health 2.0 examples, and blog and internet links, as well as charts, tables, diagrams, and Web site references, resulting in an all-encompassing resource.

The Business of Medical Practice: Transformational Health 2.0 Skills for Doctors, Third Edition integrates various medical practice business disciplines-from finance and economics to marketing to the strategic management sciences-to improve patient outcomes and achieve best practices in the healthcare administration field.

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Infographic: Concierge Medicine

October 22nd, 2014 by Melanie Matthews

There was a notable increase in the number of concierge physician practices in cardiology, dental and pediatrics, according to a new infographic by Concierge Medicine Today.

The infographic also examines the number of concierge physicians in the United States; states with the greatest concentration of demand, what’s included in a concierge practice and demographic data on the typical concierge patient.

Concierge Medicine

The Business of Medical Practice: Transformational Health 2.0 Skills for Doctors, Third Edition The Business of Medical Practice: Transformational Health 2.0 Skills for Doctors, Third Edition presents a progressive discussion of management and operation strategies. It incorporates prose, news reports, and regulatory and academic perspectives with Health 2.0 examples, and blog and internet links, as well as charts, tables, diagrams, and Web site references, resulting in an all-encompassing resource.

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Infographic: Physicians’ Salaries 2014

July 21st, 2014 by Melanie Matthews

Physicians are becoming more proactive in managing their incomes by being more selective about insurers and patients and providing ancillary services. In addition, a small but growing number of physicians are moving toward cash-only practices.

A new infographic from Medscape looks at these trends, along with details on how the Affordable Care Act is impacting physician practices, the income gender disparity among physicians and physician career satisfaction.

Physicians' Salaries 2014

In today’s value-based healthcare sphere, providers must not only shoulder more responsibility for healthcare outcomes, cost and quality but also align with emerging compensation models rewarding these efforts — models that often seem confusing or contradictory. The challenges for payors and partners in creating a common value-based vision are sizing the reimbursement model to the provider organization and engaging physicians’ skills, knowledge and behaviors to foster program success.

6 Value-Based Physician Reimbursement Models: Action Plans for Alignment, Analytics and Profitability examines a set of provider compensation models across the collaboration continuum, advising adopters on potential pitfalls and suggesting strategies to survive implementation bumps.

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Infographic: Top Physician Information Sources by Mobile Device

February 24th, 2014 by Jackie Lyons

As physician practices prepare for significant changes in 2014, many are looking to new technologies and information sources to drive efficiency and ensure quality of care.

Seventy-two percent of physicians use smart phones to access drug information such as dosage calculators, side effects and interactions, according to a new infographic from Wolters Kluwer Health. This infographic also shows smart phones versus tablets regarding frequency of usage and how they are being used, as well as other top physician information sources.

You may also be interested in this related resource: 2013 Healthcare Benchmarks: Mobile Health. Healthcare organizations need to be informed of new technologies and information sources. This 50-page resource details everything you need from mHealth trends, including current and planned mHealth initiatives, types and purpose of mHealth interventions, targeted populations and health conditions, to challenges, impact and results from mHealth efforts.


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Infographic: Practice Profitability

June 4th, 2013 by Melanie Matthews

Physicians are almost two-thirds more likely to see their practice profitability trending down in the next year, according to new report, the Practice Profitability Index.

An infographic based on the report data describes the key reasons practice profitability is trending down, including declining reimbursements, rising costs and coding and billing challenges, as well as the impact felt by practices from the Affordable Care Act.

Practice Profitability

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You may also be interested in this related resource: Secrets of The Best-Run Practices 2nd Edition.