1 / 10

Family Practice: Boost Your Revenue With Minimal Efforts

Family Practice: Boost Your Revenue with Minimal Efforts<br><br>Some important strategies to increase your family practice revenue with minimal efforts.<br>u2022tReview the scheduling practices<br>u2022tWork Smartly<br>u2022tHave multiple revenue streams and procedures<br>So, if you want to boost the family practice revenue with minimal efforts, contact us today on this 888-357-3226 number <br>Visit our medical billing and coding services website for further information on a specialty: https://bit.ly/2FeLov6<br>#medicalbillersandcoders #healthcarerevenuecycle #reimbursementIssues #patientengagement #medicalbilling #boostfamilypracticerevenue<br>

Télécharger la présentation

Family Practice: Boost Your Revenue With Minimal Efforts

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Family Practice: Boost Your Revenue With Minimal Efforts Medical Billers and Coders

  2. There are not a lot of us who believe that family practice physicians are adequately paid for the kind of valued care they deliver to patients and to the health care system. As an established medical billing and coding organization, we regularly observe as to how desperately clinicians need primary care payment reform. Agreed that there is a better future for the healthcare industry on the horizon, but as of now, we have to make the best of what the dysfunctional health care system offers. For many doctors whose reimbursement depends in part on our productivity, increasing gross revenue is one vital element to your success.    Toll Free no: 888-357-3226

  3. Family practitioners can protect their revenue stream by being equipped to provide as many procedural services as possible and also by making sure that you are billing and coding for the minor procedures that you already perform, but might not know that you can be paid for.    Toll Free no: 888-357-3226

  4. Here are some important strategies to increase your family practice revenue with minimal efforts. • Review the scheduling practices • Work Smartly!! • Have multiple revenue streams and procedures    Toll Free no: 888-357-3226

  5. Review the scheduling practices The single biggest move family practitioners can do to increase revenue by minimal efforts is to regularly work in an extra patient in the lunch hour or at the end of the day. The road to a positive bottom line may be as straightforward as this. Moreover, you may need to polish up the way your appointments are scheduled. For instance, if appointments are booked in a standard 15-minute format, one might be spending more time waiting for patients than you should actually do. If the appointments are all reserved at the top of the hour, the patients might be spending a long time waiting than they should. In our experience, the modified-wave schedule is the most efficient approach for family practice.    Toll Free no: 888-357-3226

  6. A modified-wave system plans two 15-minute appointments on the hour; one appointment 15 minutes later and the next 30 minutes after the hour. Usually, there is no appointment at 45 minutes after the hour, which then gives you time for a 30-minute appointment, an extra work-in patient, and time to take phone calls or look into the documentation. A modified-wave system also ensures that you are not behind schedule even before you begin. If you start seeing patients at 10 a.m. and one they don’t arrive on time, the chances are the other patient with a 10 a.m. appointment will.    Toll Free no: 888-357-3226

  7. Work Smartly!! Get into a huddle. Yes, you heard that right!! Each morning start your day with a ten-minute meeting of all the office staff members to save you valuable time later. The purpose of this huddle is to look into the day’s schedule, forestall information needs, or special cases that may arise during the day and needs your attention. Delegate work to staffers that don’t require a physician’s license. Don’t spend much of time on the patient-care-related tasks which don’t require a medical degree. Ask yourself whether you would pay another clinician to do the same thing. Delegate as many administrative tasks as you can to other people. For example, let the experts in family practice medical billing and coding handle the tedious reimbursement work while you maintain a good understanding of your practice’s operations.    Toll Free no: 888-357-3226

  8. Have multiple revenue streams and procedures It’s critical to realize the extent to which your practice drives you’re the income cycle and to carefully consider decisions that would narrow it. Whether it’s performing a certain medical procedure or nursing home patients, completing obstetrics, and taking care of patients in the hospital, think of these services as a revenue stream to your practice’s income cycle. Letting go even one of these services means you’re cutting down the revenue stream, and one that can be difficult to reclaim, predominantly when procedural skills or privileges have failed.    Toll Free no: 888-357-3226

  9. In the end… It would be careless on our part if we fail to acknowledge that revenue is only a part of the net income equation. Remember that a dollar of expense saved is as good as a dollar of gross revenue earned.    Toll Free no: 888-357-3226

  10. CONTACT US info@medicalbillersandcoders.com    Fax no: 888-316-4566    Toll Free no: 888-357-3226

More Related