Practice management and business stability
Thanks to our partners at Best Practice Management for putting this article together for LACMA doctors on increasing business stability.
Best Practice Management (BPM) was on hand at the Saving Private Practice Consortium to answer questions regarding billing and coding. Maria Wong and Jeff Cohen from BPM shared some tips on increasing business stability without working more.
Are you looking for a way to increase your business stability without working longer hours?
Every day we work with physicians who are feeling the pressure to manage their patients and business and would love some freedom of time. Is that description familiar to you?
It’s shocking that while most physicians want to increase their revenue they have been ineffective in doing so. Much of that comes from a lack of time to do the research and learn what they can do to increase their average billing per patient.
Most physicians are unfamiliar with Medicare CCM and how they can tap in and claim their part of the billions of dollars that are allocated to it.
Medicare CCM – Chronic Care Management – was introduced in 2015 to cut Medicare’s expenditures by transitioning from fee-for-service to “value-based care.” Get familiar with that phrase — it’s going to be a big part of your future whether you know it or not.
To read the full article on PNN, click here.