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Insights to guide your practice. 

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The 5 Common Mistakes Made When Starting a Medical Practice

by Kaitlyn Houseman on November 8, 2013

1. Assuming it will be easy

You are excellent with medicine, and maybe a few other things. But no one can be good at everything.  Starting a medical practice entails much more than just seeing patients. Yes, there is a business side to starting a practice which is ultimately your business. There thousands of variables you haven’t even considered yet so do not be afraid to ask for help. 

Bringing in a practice start-up expert can save you time, money, and a few headaches.  Having the correct staff on board for your start-up can help you avoid some commin pitfalls that new practices can encounter so you have the best chance of building your new practice into a profitable, and long term solution for your specific situation.

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Topics: Revenue Cycle Management, Medical Business, Practice Management, Coding

Anderson Reveals “Scary” Truth About ICD-10 Test Results

by Kaitlyn Houseman on October 16, 2013

The North Carolina Healthcare Information and Communications Alliance executive director Holt Anderson revealed a ‘scary’ finding after some end-to-end ICD-10 testing.  Anderson made the announcement of their findings during the MGMA 2013 annual conference last week.

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Topics: Revenue Cycle Management, Medical Business, Practice Management, ICD-10, Coding

There's an ICD-10 Code For That?

by Kaitlyn Houseman on September 29, 2013

Burn Due to Water Skis on Fire? - There's an ICD-10 Code For That!

Struck by a Turtle? Walked Into a Lamppost? Hurt While Crocheting? Burn Due to Water Skis on Fire? – There’s a Code for that.

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Topics: Practice Management, CMS, ICD-10, Coding, Denial Management

Is Your EHR Your Certified Professional Coder (CPC)?

by Kaitlyn Houseman on September 26, 2013

The key to successful Electronic Health Record (EHR) adoption is not only selecting the right system, but ensuring you have the right people involved in the process. Many EHR’s pledge the reduction of coding staff because the EHR will allow you to swiftly document, accurately code your progress notes, and auto generate your coding. Sounds easy enough, right? What you might want to consider when listening to the sales demonstration is who is giving the demonstration. As a software vendor, do they have the experience of medical coders and reimbursement staff that have lived the tricks of the trade? Do they understand that sometimes submitting a clean claim requires more than automated claim creation and filing?

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Topics: Revenue Cycle Management, Medical Business, EHR, Practice Management, Coding

Recovery Auditors Aim at EHR Medical Practices

by Kaitlyn Houseman on October 11, 2012

Recovery auditors (RACs), which had been primarily focused on the billing activities of hospitals, will expand their scrutiny to examine physician practices, reported American Medical News.

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Topics: Revenue Cycle Management, Medical Business, Coding

Burn Due to Water Skis on Fire? - There's an ICD-10 Code For That

by Keith Lage on September 19, 2011

Walked Into a Lamppost? Hurt While Crocheting? Burn Due to Water Skis on Fire? – There’s a Code for that. This is an article from the Wall Street Journal that was posted on Sept 13, 2011 regarding ICD-10. Some may find this interesting/amusing. ICD-10 is a good reason for medical practice to partner with a professional billing service firm like GroupOne Health Source.

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Topics: Revenue Cycle Management, ICD-10, Coding

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