4 Secrets to Enriching Your Revenue Cycle for 2015

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Billing and collections are the lifeblood of a profitable medical practice – no surprise there. In fact, a Practice Profitability report from CareCloud and QuantiaMD finds physicians most often target billing and collections processes to improve operational performance.

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What Internists Need from Their Health IT Software in 2015

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Each medical specialty comes with a unique set of challenges that demand different software functionality. In this updated post, we’ll examine the field of internal medicine and highlight health IT solutions that can help internists thrive and succeed.

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In-House vs. Outsourced Medical Billing Revised: Pros and Cons

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The question of whether to outsource medical billing operations or keep the process in-house continues to weigh heavily on many doctors and practice managers as we move into 2015 and beyond. The right answer differs from practice to practice based on a multitude of factors: age of the business, size of local labor market, and state of practice finances, among other considerations.

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What Orthopedic Surgeons Need from Their Health IT Software in 2015

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Your orthopedic surgery training is very focused and specialized, so why spend your day working around software that doesn’t fully align with your needs? More efficient surgery scheduling, access to imaging, and processing of workers’ comp claims are among the many distinct needs that can be met with effective specialty-specific software.

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The Most Bizarre ICD-10 Codes, Revisited

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The popularity of our first “Most Bizarre ICD-10 Code Awards” inspired us here at Power Your Practice to look for more. Although ICD-10 implementation will mean a set of nearly 70,000 codes, some clearly stand out as more bizarre than others.

This year’s winners include:

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4 Reporting Capabilities Your PM System Needs

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At Power Your Practice, we’re constantly applauding the numerous benefits practice management systems provide to medical practices. Not only do they improve revenue cycles with features like payer rules intelligence, but also streamline operations and promote engagement through patient portals.

That being said, the true power of PM systems may reside in their reporting abilities. Generating reports on practice operations can reveal performance trends and highlight areas that need improvement. But when it comes to reporting, not all PM systems are created equal.

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