Category: Articles

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Clean Up the A/R Before Putting the Practice on the Market

Clean Up the A/R Before Putting the Practice on the Market Physicians Practice – May 2019 by Cheyenne Brinson Thinking of selling your practice?  Looking to be acquired by the hospital?  Merging with another group?  If you’re contemplating any of these scenarios, it’s time to clean up the accounts receivable (A/R).  And even if you’re not, routinely cleaning up...

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Coding Experts Weigh in on the Value of Code-X

Coding Experts Weigh in on the Value of Code-X AAOS Now – May 2019  by Cheryl Toth If you are looking for an electronic tool that makes code selection easier and gives your practice powerful data for reducing denials, strengthening appeals, and validating plan payments, the Academy’s Code-X software tool is a good choice. Code-X is a...

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NEW: Solve Your Practice Pain Points with Practice Solutions Online

NEW: Solve Your Practice Pain Points with Practice Solutions Online Aesthetic Society News – Spring 2019  by Cheryl Toth Is your practice as efficient and financially successful as you want it to be? Terrific—stop reading and go celebrate. But if you think your practice is in need of some improvements, keep reading: The Aesthetic Society...

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Cost Saving Strategies to Save Your Practice Money

Cost Saving Strategies to Save Your Practice Money Doctors Direct Insurance – Winter 2013 by Cheyenne Brinson Like most practices, you want to save money. Unfortunately, there likely isn’t a pot of gold hiding in your office, so focusing on ways to save $1,000 here and $1,000 there is in order. Often, we find these...

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Four Tips for Avoiding Data Breaches

Four Tips for Avoiding Data Breaches AAOSNow – April 2019  by Michael R. Marks, MD According to a new report by Radware, a provider of load balancing and cybersecurity services for data centers, the average cost of a cyberattack now exceeds $1 million. Furthermore, 37 percent of the organizations that have been attacked experienced subsequent damage to...

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Selling your practice? Clean up the coding first.

Selling your practice? Clean up the coding first. Physicians Practice Pearls – March 2019  by Karen Zupko As more and more practices are courted for acquisition, our firm is being engaged by both buyers and sellers to evaluate the accuracy of coding and documentation, and the efficiency of the revenue cycle. The results of these...

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Anatomy of a Lessons Learned Summary

Anatomy of a Lessons Learned Summary Medical Office Manager – March 2019  by Cheryl Toth What do you call the CEO of three failed start-up companies? Experienced. Leaders like this are hired time and again because they’ve made mistakes and learned from them. The lessons they take with them to their next role carry a...

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Do Your Cybersecurity Policies Need a Checkup?

Do Your Cybersecurity Polices Need a Checkup? AAOSNow – March 2019  by Michael R. Marks, MD When was the last time you reviewed your cybersecurity policies? If you can’t recall, you’re overdue. Such policies are critical for protecting patient and other sensitive data in your network and reducing the risk of breaches that can cause reputational...

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