Reading Time: 2 minutesIn a remarkable turn of events, the healthcare industry witnessed unprecedented growth in 2023, adding over 650,000 jobs, marking its most substantial expansion in over three decades. This surge, outlined in a report by nonprofit research consultancy Altarum, not only signifies a remarkable revival but also underscores the sector’s resilience in the face of challenging […]
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Reading Time: 5 minutesIn the fast-paced world of healthcare, staying ahead requires a keen eye on performance metrics that truly matter. In a previous blog post, we delved into crucial KPIs shaping the pillars of Appointment Scheduling Efficiency, Financial Health, Patient Experience, and Operational Efficiency. If you missed our first part, catch up on those insightful KPIs here. […]
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Reading Time: 6 minutesWelcome to the Billed Right blog, where we’re tackling the nitty-gritty of financial challenges in medical practices. Understanding and navigating the “red zone” is crucial for doctors, practice managers, and medical staff in today’s ever-changing healthcare landscape. In this article, we’ll explore the three common reasons behind revenue decreases in medical practice. We aim to […]
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Reading Time: 7 minutesThe appeals process in medical billing holds significant importance as it provides a mechanism for healthcare providers to challenge denied claims and rectify billing discrepancies. It acts as a crucial step in ensuring accurate reimbursement, maintaining financial stability for healthcare practices, and upholding the integrity of the billing system. Effectively navigating the appeals process can […]
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Reading Time: 4 minutesHealthcare has been undergoing a transformative journey with the integration of Artificial Intelligence (AI) and chatbots that rose to the mainstream in November of 2022. These digital companions are crucial in streamlining processes, enhancing patient care, and optimizing overall efficiency within medical practices. In this second part of our three-part series on AI in healthcare, […]
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Reading Time: 3 minutesBreaking Down the CDC Report: U.S. Health Workers and the Mental Health Crisis A new CDC study aimed to investigate and analyze the mental health challenges faced by U.S. health workers, particularly during and after the COVID-19 pandemic. The study used data from the General Social Survey Quality of Worklife Module, comparing responses from 2018 […]
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Reading Time: 2 minutesIn the ever-evolving landscape of healthcare, the surge in telemedicine, accelerated by the post-COVID era, has prompted a critical examination of its impact on physicians. This study delves into the association between telemedicine expansion and the electronic health record (EHR) burden, unraveling key insights that illuminate the challenges faced by healthcare professionals. As we navigate […]
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Reading Time: 5 minutesEver wondered what keeps a medical practice ticking and, more importantly, thriving? Well, it’s not just about treating patients; it’s about keeping tabs on the right stuff. In the dynamic landscape of healthcare, achieving and sustaining success requires a strategic approach. For medical practitioners, practice managers, and healthcare staff alike, understanding and harnessing the power […]
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Reading Time: < 1 minuteA study done by researchers at JAMA Network Open asked 1373 physicians over three different survey periods (2017, 2019, 2021) and found significantly higher burnout rates year after year. Specifically, higher burnout rates in groups of female physicians compared to male counterparts and primary care physicians compared to providers in other specialties. Medical workplace burnout […]
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Reading Time: 3 minutesIn an era where technology continues to reshape the landscape of healthcare, the integration of Artificial Intelligence (AI) is proving to be a transformative force. At the forefront of this revolution are AI chatbots, versatile tools that hold the potential to redefine patient engagement, streamline administrative processes, and enhance the overall healthcare experience. This blog […]
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