Reading Time: < 1 minuteAmazons telehealth venture Amazon Clinic could soon make deals with physical providers to provide care that the services on their own platform can’t supply, a top executive at Amazon said in Octobers HLTH conference About Amazon Clinic: In November 2022, Amazon unveiled Amazon Clinic, a direct-to-consumer (DTC) telehealth service designed to serve millions of Americans […]
Read MoreReading Time: 3 minutesThe recently released 36th annual 2023 Medical Group Compensation and Productivity Survey conducted by the AMGA (American Medical Group Association) sheds light on compensation trends within the healthcare industry. The survey reveals a notable increase in primary care compensation, surpassing compensation growth in medical and surgical specialties. This article will explore the survey’s findings and […]
Read MoreReading Time: 3 minutesIn the dynamic and ever-changing healthcare industry, strong leadership skills are crucial for success. Whether you’re a doctor, practice manager, or healthcare worker, cultivating effective leadership abilities is essential. By doing so, you can navigate challenges, drive innovation, and ensure exceptional care for patients. In this blog post, we’ll explore the significance of leadership development […]
Read MoreReading Time: 2 minutesOrlando, Florida, June 20, 2023 – Billed Right, a leading Revenue Cycle Management (RCM) company founded in 2006 and headquartered in Longwood, Florida, is proud to announce its recent expansion through the acquisition of Custom Billing Services of Ohio Inc., (CBS), an Ohio-based medical billing company. This strategic move represents a significant milestone for Billed […]
Read MoreReading Time: 4 minutesThe healthcare industry has been traditionally much slower than other industries at adopting the newest digital technologies. Amid the coronavirus pandemic, the healthcare industry has been moving into a more collaborative, personalized and value-based model that takes patient preference as the main focus. According to a March 24 McKinsey report, the consultancy rounded up 10 […]
Read MoreReading Time: 3 minutesRecently the HHS Office of the Inspector General published a report calling out that Medicare Advantage organizations (MAOs) sometimes delayed or denied beneficiaries access to services even though the request met the traditional Medicare coverage rules. To compile the report, a list of prior authorization and payment denials from a one-week period in June 2019 […]
Read MoreReading Time: 5 minutes Timely and correct reimbursement is always top of mind for a healthcare provider. However, many providers are leaving money on the table due to infrequent payer contract renegotiations. Due to the nature of payer contracts, which includes fee schedules, reimbursement requirements, as well as conditions payers must meet for timely reimbursement. Therefore, payer contract […]
Read MoreReading Time: 4 minutesUtilization of Social Determinants of Health in Healthcare Social determinants of health (SDOH) refer to the non-genetic and non-medical conditions in the places people live, learn, work and play that affect health and quality-of-life risks and outcomes. Factors such as economic stability, education, food, housing, transportation, community, and social situations all feed into the social […]
Read MoreReading Time: 4 minutesThere are many rules and regulations around accepting Medicare, Medicaid, and other federal healthcare programs. And if you are a practice that accepts and bills for these federal government programs, it is your responsibility to ensure you are protecting patients from things such as fraud and abuse. To that end, you need to know the […]
Read MoreReading Time: 3 minutesThe pandemic has been blamed for many of the problems happening in the world; however, it didn’t cause the shortage of healthcare workers. It did, however, compound it in a big way. It is estimated that nearly one in five healthcare workers has resigned since March 2020. Not only is there a severe shortage of […]
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