Power Your Practice

Today’s medical practice is faced with more challenges than any of us can remember. These include: reimbursement issues, technology demands, pressure to change workflows, tightening labor markets (despite national unemployment figures), and general uncertainty about the direction of our healthcare system. Almost any challenge can be solved with two things: money and people. Unfortunately, most [...]

As general operating costs skyrocket for medical practices, outside pressures force them to cut general operating budgets just to stay in business. According to the Medical Group Management Association’s (MGMA) Cost Survey for Multispecialty Practices: 2011 Report Based on 2010 Data, practices reduced operating expenditures by 2.2 percent in 2010.

The impending transition from ICD-9 to ICD-10 diagnostic coding sets has healthcare providers concerned over the confusion that may result when they switch from roughly 18,000 codes to nearly 150,000. The Centers for Medicare & Medicaid Services (CMS) is attempting to alleviate some of the anxiety for the October 2013 deadline by publishing a guide [...]

If you haven’t started the switch to electronic health records (EHR), you need to make a long-term plan to make Meaningful Use attestation as painless as possible. The government is leading the charge with the Office of the National Coordinator for Health IT (ONC) publishing its “Federal Health IT Strategic Plan 2011-2015,” which outlines five [...]