4 Simple Strategies to Boost Profitability in Your Integrative Medicine Practice
If you are just starting out, get on the right track early by applying these 4 basic steps to get and stay more profitable and boost profitability in your integrative medicine practice! 1) Reduce denials by minimizing simple errors and/or missing documentation. Staff members must be trained, skilled and precise. Build a checklist for staff members […]
How to build a build a dynamic referral program that really works!
We know that many practices aim to build sustainable referral programs, yet are not quite sure where to start. If building or growing a referral network is on your “to-do” list, the tips and suggestions below will help you formulate a plan and checklist to work from. First of all, focus on the right partnerships […]
Patients Look to Online Reviews for Healthcare Decisions
According to a 2014 survey of more than 2,000 consumers, online reviews hold just about as much clout as personal recommendations. It should make sense, shouldn’t it? With the raging success of online review hubs such as Yelp and Software Advice, businesses that maintain a healthy internet relationship with the public stand to gain the […]
Rules of Engagement: Avoiding Healthcare Security Pitfalls
America is witnessing a growing number of patients turning to alternative forms of health. With this heightened awareness of integrative or complementary health, legislation such as the non-discrimination clause in the Affordable Care Act was a significant step toward getting other care professionals to acknowledge the far reaching benefits of holistic healing. Mandating that health […]
How to Build Patient Loyalty
Healthcare providers have one daily focus: Improving the quality of life for patients through health. But when it comes to ensuring the vitality of the business aspect of the practice, others factors are at play. Patient loyalty is not a sprint but rather a marathon that must be strategically ran in order to build long-lasting, […]
Increasing Revenue with In-House Dispensaries
Generating profits for a small practice can be much easier said than done. Adding the hurdle of operating as a cash-based office makes the feat even harder to accomplish. While many start-up practices are struggling to keep their doors open, providers are working overtime to figure out how to drive business on a consistent basis. […]
Small Steps to Improve Practice Earnings
The daily battle to thrive and grow in the private practice realm of healthcare can be a tough undertaking. Combined with the sometimes high cost of alternative methods of care and the need for more patients, staying afloat is a continuous process at the forefront of many providers’ minds. While many publications and medical insiders […]
Evaluating Metrics to Determine your Practice Success
Gaining a good grasp on what is working for your practice and what isn’t is paramount in ensuring its longevity. Keeping track of every facet of a healthcare practice helps physicians to understand how profitable it is, what services patients are seeking the most and, most importantly, whether or not change is needed. When it […]