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Here’s Why You Shouldn’t Sell Your Independent Practice

Here’s Why You Shouldn’t Sell Your Independent Practice

As physicians, we are more than those who are skilled in the art of medicine. We’re also business owners, entrepreneurs, and leaders. However, declining reimbursement rates and a complex healthcare industry place insurmountable pressure on private practices. Negotiating with payers, competing with local hospitals, managing your electronic health record (EHR), maintaining advanced care, and the …

Here’s Why You Shouldn’t Sell Your Independent Practice

Here’s Why You Shouldn’t Sell Your Independent Practice

As physicians, we are more than those who are skilled in the art of medicine. We’re also business owners, entrepreneurs, and leaders. However, declining reimbursement rates and a complex healthcare industry place insurmountable pressure on private practices. Negotiating with payers, competing with local hospitals, managing your electronic health record (EHR), maintaining advanced care, and the …

Your Guide to Value-Based Care for Independent Physicians

Your Guide to Value-Based Care for Independent Physicians

Many independent physicians report that value-based care is both exciting and intimidating, promising and perplexing. The model’s emphasis on high-quality medicine and the doctor-patient relationship is accompanied by new terminology, extensive education, and a paradigm shift in your approach to patient care. To cut through the confusion and help you navigate the volume-to-value transition, we’ve …

4 Trends Transforming Independent Practices’ Revenue Cycle Management

4 Trends Transforming Independent Practices’ Revenue Cycle Management

From registration to claim submission to patient collections, revenue cycle management (RCM) encompasses a wide array of processes and services that impact nearly every dimension of healthcare. Several challenges — some ongoing, others new — exist in the RCM space. These problems include: Workforce shortages Lack of patient-centered processes Inefficient workflows causing delayed payments and …

What Does Award-Winning Revenue Cycle Management Look Like?

What Does Award-Winning Revenue Cycle Management Look Like?

Editor’s Note: This post is adapted from The Break Room podcast episode focused on trends in revenue cycle management and tips to help independent practices optimize their revenue integrity. Listen to the full episode below. A recent report valued the revenue cycle management (RCM) industry at $126.1 billion and forecasted a more than 10-percent growth …

Smart Support Helps My Pediatrics Group Face Industry Headwinds

Smart Support Helps My Pediatrics Group Face Industry Headwinds

Editor’s Note: This article is reprinted from the American Medical Association.   The second I started working with children during my last rotation in year three of medical school in 1993, I knew I wanted to be an independent pediatrician. Every day presents me with opportunities to do what I love most: care for patients …

Why Pediatricians Need a Seat at the Table

Why Pediatricians Need a Seat at the Table

Editor’s Note: This post is adapted from The Break Room podcast episode on elevating independent pediatricians to improve healthcare and has been edited for length and clarity. Listen to the full episode below. Pediatricians play a pivotal role in children’s physical and mental health, especially during this time of skyrocketing rates of adolescent anxiety and …

How Can Health Systems Harness the Value of Incumbency & Disruption?

How Can Health Systems Harness the Value of Incumbency & Disruption?

It’s no secret that health systems today face a variety of challenges. From supply-chain issues to staffing shortages, physician misalignment to payment-model imbalance, these challenges range from unique to widespread, sudden to long-simmering. Underlying these complex problems is a fundamental tension between the advantages of incumbency and the constant evolution of the physician and healthcare …

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