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Tag Archives: Medical Management

5 Tech tools to boost financial performance

Most physicians are already using EHR systems to record patient encounters, track clinical progress, and report on outcomes. But fewer are taking full advantage of them as a tool to improve financial performance, according to practice management experts Lucy Zielinski, vice president of The Camden Group, and Derek Kosiorek, a principal consultant with the Medical Group Management Association. While there are myriad technology features and add-ons that can help optimize workflow and bring in payments, a few are becoming essential to revenue cycle efficiency. They recommend starting at the front desk with these five tools that leverage the capabilities of your system.

Read more at Physicians Practice.com.

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Revenue Cycle Management: 7 Steps to Improving Patient Collections

Many small and mid-size medical practices are leaving money on the table by failing to develop a strategy for collections, experts say. The most common problem is lack of monitoring and accountability, according to Reed Tinsley, CPA, a Houston-based practice management consultant. You need to collect copays at the time of service and keep on top of overdue accounts. Read more in this article I wrote for Physicians Practice.

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