Practice Management

How Independent Practices Can Come Out of COVID-19 Stronger

by Jacqueline LaPointe

COVID-19 seems like the final nail in the coffin for independent practices. Devastating financial losses from the start of the pandemic, stagnating patient volumes, and a new appetite for virtual care...

Provider Compensation Rose 3.79% But Is Low Productivity a Problem?

by Jacqueline LaPointe

Once again, provider compensation increased last year while productivity remained stagnant in a troubling trend according to members of the American Medical Group Association (AMGA). AMGA’s 33rd...

Primary Care Is Staying Open, But Practice Management Issues Persist

by Jacqueline LaPointe

Practice management issues remain even though significantly more primary care clinicians are confident their practices can stay open over the next four weeks, according to the latest survey from...

Is the Doctor’s Office Dead? Practice of Primary Care Goes Virtual

by Jacqueline LaPointe

“The doctor’s office is dead,” said Nick Desai, co-founder and CEO of Heal, a virtual primary care company that leverages telemedicine and home visits to connect patients with...

Can Direct Primary Care Lead Private Practice Out of the Hole?

by Jacqueline LaPointe

It took two surgeries, nine doctors, and over a decade of care for Ashlie Olp to get a diagnosis for persistent leg pain. The overall patient experience was frustrating for Olp, a physician herself who was working at a private family...

Could COVID-19 Spell the End of Independent Physician Practices?

by Jacqueline LaPointe

So far, only 8 percent of physicians have closed their practice as a result of the COVID-19 pandemic, according to a new survey. But many more believe that number will skyrocket, particularly among...

Providers Fear Growing Uninsured Rate to Keep Patient Volumes Down

by Jacqueline LaPointe

While many providers are starting to see their patient volume levels return to pre-pandemic levels, most physicians and advanced practice providers are still concerned about the effect COVID-19 will...

Banner Health Adopts Cerner’s Revenue Cycle Management Product

by Samantha McGrail

Banner Health and Cerner recently expanded their partnership to implement an end-to-end comprehensive suite of revenue cycle management (RCM) solutions and drive population health...

Healthcare Providers Receive Most Paycheck Protection Program Loans

by Jacqueline LaPointe

So far, healthcare providers and social assistance businesses have received the largest percentage of Paycheck Protection Program loans, according to new federal data. Healthcare and social assistance...

Healthcare Enterprise Resource Planning Systems Going to the Cloud

by Jacqueline LaPointe

Provider organizations are replacing or selecting new enterprise resource planning (ERP) systems to realize the benefits of a cloud solution, according to a recent KLAS Decisions Insights report. In...

Key Considerations for Reopening Healthcare Facilities Amid COVID-19

by Jacqueline LaPointe

Under the direction of federal and local governments, healthcare providers locked down their facilities to prevent the spread of the novel coronavirus, shutting down key clinical service lines and...

Nearly a Fifth of Primary Care Practices Are Temporarily Closed

by Jacqueline LaPointe

Primary care practices continue to be under extreme financial stress as a result of the coronavirus pandemic, the latest survey from the Primary Care Collaborative and the Larry A. Green Center...

Should Physician Practices Return Paycheck Protection Program Loans?

by Jacqueline LaPointe

Paycheck Protection Program loans were designed to support small businesses during the unprecedented COVID-19 crisis, but many physician practices have been debating whether returning the loans is a...

How COVID-19 Imperiled Physician Practices, And How to Save Them

by Jacqueline LaPointe

Some have heard the ringing of the death knell for physician practices for years now. Mergers and acquisitions, industry consolidation, value-based care, and the growing presence of private equity firms in healthcare have all threatened...

21% of Physicians Furloughed, Had Pay Cut During COVID-19 Crisis

by Jacqueline LaPointe

Furloughs and pay cuts are just two ways the COVID-19 crisis has changed the physician’s role, according to a new survey from Merritt Hawkins and the Physicians Foundation. For more coronavirus...

20% of Primary Care Practices Anticipate Closing in a Month

by Jacqueline LaPointe

Primary care practices are facing significant financial challenges as a result of the COVID-19 pandemic, leaving 20 percent of practices without the resources they need to remain open beyond the next...

CMS Issues Guidance on Resuming Elective Services in Certain Areas

by Jacqueline LaPointe

As COVID-19 outbreaks start to wane in certain areas, CMS is releasing guidance on resuming non-emergent, elective services to non-coronavirus patients without symptoms. For more coronavirus updates,...