Medical Practice Management:  Three Success Drivers for 2023

R1 RCMDecember 2, 2022

2023 is approaching fast.   Are you ready for the new challenges that you'll face?  Are you confident that your practice management systems and processes are as efficient as they could be?   Is your revenue cycle optimized for success?

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Five Healthcare Workforce Shortage Solutions for Physician Groups

Chris PierceMay 17, 2022

The healthcare workforce shortage is hitting physician groups hard. Worse, the tight labor market doesn’t appear to be a brief bump in the road. Findings from dozens of studies reveal that the shortage of healthcare professionals in the U.S. will not end anytime soon.

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Good Faith Estimate Interim Final Rule Tells Us About Future of Healthcare Regulation

R1 Regulatory TeamMarch 28, 2022

The No Surprises Act of the 2021 Consolidated Appropriations Act greatly expanded patient protections through upfront cost transparency in the form of Good Faith Estimates (“GFE”).  Specifically, the law requires each health care ...

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4 Signs It’s Time to Work with a Physician Practice Management Company

Scott MaulMarch 10, 2022

Your goal as a physician is to provide superior healthcare for your patients, but running a successful medical group takes a lot more than clinical excellence. The day-to-day demands of operating a busy physician practice require you to have superior business management skills.  

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The Value of Rev Cycle Partnerships:  A Discussion with LifePoint SVP Jason Ross

Brian ZimmermanJune 3, 2021

Amid what may be healthcare’s toughest era, financial leadership currently faces the daunting task of increasing revenue while simultaneously containing costs. At the recent Becker's Hospital Review 11th Annual Meeting, Jason Ross, senior vice president of revenue and network management for LifePoint Health – a nationwide health system with 87 ...

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Increasing Revenue Through Payer Contract Management

R1 RCMNovember 12, 2020

Financial recovery isn’t just an uphill battle for today’s physician practice – it’s a mountainous one of Kilimanjaro proportions. Most practices are making up for a substantial decrease in revenue that resulted from a 50% to ...

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Three Best Practices to Improve Reimbursement Via Coding

Yvonne RussellNovember 6, 2020

2020 is beginning to wind down, but COVID-19’s financial impact on physician practices isn’t. As The Washington Post recently stated, “many of the doctors…who form the backbone of front-line care are barely hanging on,” and ...

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Joe Polaris on M&A Risk and Benefits, Consumerism Goals

Joe PolarisMarch 13, 2020

Hospital M&A activities have been trending up in recent years, and with the promised economies of scale it seems like an attractive option. However, according to Joe Polaris, Senior Vice President of Product Technology at R1, achieving the desired benefits of consolidation can be difficult.  Joe recently recorded

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How Physician Practices Can Decrease Patient No Shows

Richard Lopez del RinconFebruary 20, 2020

Patients who do not show up for scheduled appointments disrupt practice flow by taking dedicated time slots away from other patients and negatively impact the productivity of both the provider and staff. Practices often waive ‘no shows’ as a normal part of business but when translated to a bottom-line impact, using a rate of collections per ...

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Creating a Physician Practice Quality Improvement Team

Lynn Guerrant BSN, MSJanuary 31, 2020

Quality and value seem to be two of the most elusive words in health care today. The debate over how to define, measure, and achieve quality and value, stretches from shore to shore, across all specialties and to the top reaches of our government. While definitions and rules change with startling rapidity, one thing is certain, in order to ...

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