More: Practice Management

How Should Primary Care Providers Prepare for the CVS/Aetna Merger?

How Should Primary Care Providers Prepare for the CVS/Aetna Merger?

CVS Health and Aetna rang in the New Year with a massive $69 billion merger, a healthcare deal that is being recognized as the largest of its kind in history, surpassing Express Scripts’ $29 billion acquisition of Medco in 2012. It’s also being heralded as the merger that might change healthcare as we know it, …

Peak Practice Performance: Revenue Cycle

Peak Practice Performance: Revenue Cycle

How can your practice maintain a steady stream of cash month-over-month? In this month’s Peak Practice Performance blog series, we will discuss several key strategies that will assist you in collecting every dollar and saving a penny or two, by investigating how the five areas of performance impact your practice metrics. Last month, we discussed …

Tips for Scripts: How Targeted Drug Conversions Saved us $600,000

Tips for Scripts: How Targeted Drug Conversions Saved us 0,000

As the Manager of Clinical Pharmacy Services, I promote clinically appropriate, evidenced-based therapies for prescribing quality medication use and cost savings to Privia Medical Group Physicians. It’s just one of the many ways that Privia removes burdens from our physicians so they can focus on providing quality care to their patients.    Pharmacy costs are …

One in Five of Your Patients Are Lonely: A Research Study

One in Five of Your Patients Are Lonely: A Research Study

A second-year medical student participates in a study examining the correlation between patient loneliness and lack of primary care visits. The findings underscore the need for investments in research on social determinants of health and value-based medicine. A recent study, conducted in part by one of Privia’s own physicians, Dr. Alex Krist, and researchers at …

Small Business Ownership and Private Practice: Alike, yet Different

Small Business Ownership and Private Practice: Alike, yet Different

Growing up the son of grocers taught me a lot about running a small business. In my family’s Washington, D.C. mom-and-pop convenience store, generating revenue was usually a straightforward endeavor. I started stocking shelves at the age of five. By my late teens, I was managing the store. I quickly learned that if the distributor …

The Rundown | Week of 12.4.2017

The Rundown | Week of 12.4.2017

Busy provider looking for healthcare news? Check out The Rundown. U.S. Healthcare Spending Growth Slows According to a new Reuters report, growth in healthcare spending slowed in 2016 due to a slower health insurance enrollment growth. Healthcare spending grew 4.3% in 2016, to a total of $3.3 trillion dollars, compared to 5.8% growth in 2015. Out-of-pocket …

Peak Practice Performance: Finance

Peak Practice Performance: Finance

Has your cash flow weakened over the last few quarters?  As we approach the holidays and the end of the year, many practices notice a decline in revenues. Even if your cash flows are good, you may be wondering how your practice can maintain a steady stream of cash month over month. In this Peak Practice Performance …

Value-Based Care: Why Physician Engagement is Key

Value-Based Care: Why Physician Engagement is Key

The only practical way to make value-based care a reality is for healthcare organizations to take physician voices seriously in decision-making processes, writes Tim van Biesen and Josh Weisbrod for HBR. In a recent survey conducted in partnership with Bain & Company of 980 U.S. physicians across eight specialties, HBR found that physicians express a …

Population Health and Primary Care Providers

Population Health and Primary Care Providers

A new inforMD by Privia blog series, “Population Health & You,” brought to you by Rick Foerster, VP, Population Health, Privia Health Now that we’ve defined population health (a feat that many in healthcare avoid in the first place), let’s dive into what population health means to primary care providers. When it comes to operationalizing …

Four Myths About Independent Physicians, Debunked

Four Myths About Independent Physicians, Debunked

According to a recently issued American Medical Association study, the number of independent doctors has declined in the period between 2012 to 2016, leaving fewer than 47.1% of physicians with ownership stakes in a medical practice. Yet, in a recently issued survey conducted by Medscape, market analysts say they expect private practices will remain a …

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