Do you pay attention to the denials you receive from payors? How do you handle them in your office? Do you work all of them and look for patterns? Do you appeal your denials with the payors that processed them? This week, we want to provide...
We came across an article in the January edition of Managed Healthcare Executive that we wanted to share. The article points out several simple things providers can do to make their patients happier. Besides that fact that this is a good practice for any business...
For this week’s blog, we decided to revisit the Peterson-Kaiser Health System Tracker to see what interesting data they’ve been analyzing lately. They have a very interesting study they’re featuring that analyzes whether value has improved in the U.S. health system in the last 25...
The beginning of the year is a great time to look at the year ahead and plan out how you're going to manage your practice. As you're well aware, there are seemingly endless tasks to be completed in order to ensure a medical practice runs smoothly. We've...
At this time of year, we like to take a look back at the year that just ended and examine what we can do better in 2019. Improving the financial performance of your practice is, of course, the reason why you hear from us on a...
We regularly stress on this blog that your practice is a business. Because we are in the business of providing a professional service, and that service comes through as more of a need of our customers than something they are voluntarily seeking, we sometimes lose...
One of our managers recently came across a meme on Instagram that said “soon it will be time for me to replace my everyday anxiety with my holiday anxiety.” This resonated all too well with us, and we assumed we’re not alone, and should share...
The end of the year for speroMD means performance reviews, and this might mean the same in your medical practice as well. Medical practices are unique, but there are many elements, especially those that are related to human resources, that should be treated the same as...
We received the latest release from healthcare visionary and thought leader, Atul Gawande this week – Why Doctors Hate Their Computers. I’m sure the title alone resonates with many clinicians. In his practice, Gawande uses Epic, so he makes several Epic references throughout the piece,...
Have you ever calculated the payor mix for your practice? Do you track any changes to your payor mix on a regular basis (annually / quarterly)? Your practice’s payor mix is a calculation that allows you to look at what percentage of your total business is...