When the patient arrives the day of the appointment, the first thing your staff should be verifying is the patient’s insurance. Sometimes you find that insurance has changed in just the short period between scheduling and appointment day. Another reason for insurance verification is to prevent or detect insurance fraud/identity theft. According to The Institute […]
Medical billing can be time-consuming, yet, if you’re like many physicians who are in private practice, you have your staff handle patient billing in-house. No doubt you know that billing is also one of the most complicated aspects of running your own medical practice.
Physician practices are facing competition from new sources, but they can take some lessons from companies such as Amazon and Southwest Airlines, according to two optometrists.
These days, it is both easier and more difficult for patients to pay their medical bills.
A good administrator makes a practice more productive by ensuring all physicians and staff members work together smoothly and effectively, and that could be the key to a smooth transition to team-based care, according to an article in Diagnostic Imaging.
Process optimization has long been used by manufacturers to streamline processes, ensure quality control, and increase profitability. Companies like Motorola and GE, for example, were early adopters of Six Sigma, a quality improvement methodology aimed at reducing the number of defects to the point that they become statistically insignificant. As business improvement tools and methods […]