While large organizations, such as WESTMED Medical Group in New York have reported the most success in forming accountable care organizations, a handful of small family practices in Nebraska are confident that they won't just benefit financially from their ACO, but will gain more satisfaction in the way they practice as well.
More than 15 percent of your current patients are "not very likely" to recommend your practice or physicians to others, thus putting them at "high risk" for taking their healthcare needs elsewhere, according to an analysis from Press Ganey.
The Medical Group Management Association (MGMA) is urging the U.S. Department of Health & Human Services to conduct full end-to-end testing of ICD-10 to prevent cash-flow problems for physician practices.
Accidental overdoses from prescription painkillers have quadrupled over the past decade, creating a catch-22 for physicians who must determine the best way to treat patients suffering from severe pain.
Even in tough financial times, marketing your practice is still a worthwhile investment. This job is so important, in fact, that some experts recommend practices add a full-time marketer, at a salary of $40,000-$50,000 plus benefits, to their payrolls, according to a post from Physicians Practice.
A new report from online appointment-booking service ZocDoc provides several useful insights into patient needs and preferences.
Physicians who use electronic health records must find the right balance between using too many shortcuts to document efficiently and focusing too heavily on the record to the detriment of the patient. Some researchers are concerned that 'distracted doctoring' can result in consequences just as severe as texting while driving, according to a study in the Annals of Internal Medicine..
If you don't yet use patient satisfaction surveys at your practice, now may be the time to start. Almost 80 percent of medical practices deemed "better-performers" conduct patient satisfaction surveys, up from 76 percent in 2007, according to the results of a recent survey from the Medical Group Management Association. Further, higher performance was correlated with more frequent surveys.
Patient engagement--through electronic portals, in particular--is not just a major component of Meaningful Use Stages 2 and 3, but may also help practices save lives, according to a recent article from Physicians Practice.
Contrary to popular belief, physicians who work in outpatient settings are at just as much risk for burnout as their inpatient counterparts, according to a new study published in the Journal of Hospital Medicine.
The increase in Medicaid patients under the Affordable Care Act will exacerbate the looming doctor shortage, with many current practitioners unable to take on any more patients covered by the program, according to the New York Times.
In the era of health reform, your practice is more directly affected by patients' behavior than ever before. This means that even if you prescribe all the right treatment and give top-notch advice, you may still face penalties if your patients don't follow through with the steps they need to take (i.e., complying with your instructions) to make good outcomes possible
Providing physicians with the price of lab tests via electronic health records can reduce their ordering rates, according to a new study in the Journal of General Internal Medicine.
When evaluating your insurance contracts, the decision whether to drop a payer is just the first part of the process. Once you've determined it's time for the relationship to end, keep in mind these four tips from an article published in Medical Economics.
As the Internet age has evolved, so too have doctors' love-hate relationships with online reviews. As a recent post from Forbes pointed out, giving patients the power to influence physicians' reputations on such a large scale, with limited ability to respond, is scary
Many doctors fear being sued for malpractice and for good reason. A 2010 report from the American Medical Association indicated that nearly all physicians would be sued by a patient sometime during their careers. However, it's not a given that injured patients or their family members will sue after a bad outcome. A recent article from Medscape reveals some of the key reasons patients will resist bringing even a strong case to court:
Although physician groups have lamented the burden of aggressive Meaningful Use standards on doctors, some practices and health systems in Massachusetts have reported big benefits from incorporating technology into patient-centered care, according to an article from the Worcester Business Journal.
Physician practice acquisition hasn't turned out to be a financial win for some hospitals. As a result, hospitals are adjusting their buying strategies to make the business model work, Healthcare Finance News reported.