Capitation vs. Fee-for-Service: pros and cons

Capitation vs. Fee-for-Service: pros and cons

One primary goal of the Affordable Care Act was to change the fee-for-service payment model to something focused on better quality care at lower costs. With the emphasis now on value-based care, managed care programs are looking to capitation reimbursement to ensure they provide patients with quality care and can control costs at the same time. What is Fee-For-Service? In the conventional reimbursement fee-for-service model, the doctor or practitioner gets paid a fee or commission for each…

How can I get more patients?

How can I get more patients?

Marketing is an essential tool for any business, including a medical practice. For medical professionals, though, it can feel like a dirty word. As a result, physicians and medical offices frequently struggle to discover innovative and effective strategies to bring in new patients. Practitioners who want to see their practice grow, though, must embrace innovative ways to market it. Focus on Patient Education Marketing can simply be a matter of helping patients understand the services offered at…

What are the benefits of integrating mobile applications with my practice software?

What are the benefits of integrating mobile applications with my practice software?

Mobile technology has enormous promise for improving illness prevention, diagnosis, and management. For this reason, more and more practices are looking to include apps in their operational software systems. Both patients and healthcare professionals can benefit from these mobile health solutions. Consider some primary advantages of mobile technology in medical practices. Improved Communication With Patients The more practitioners connect with patients, the better. Mobile technology can open many doors in this area. There are mobile apps that:…

How do I get my practice paneled for insurance carriers?

How do I get my practice paneled for insurance carriers?

Getting on insurance panels is an essential step for any practice, but not an easy one. There are very specific steps necessary to get there. It starts with putting together the credentials information and documentation. Necessary Documentation Some of the information the practice will need to provide to get on panels includes: Licensure details NPI numbers for all practitioners Resume for all practitioners Proof of malpractice insurance Proof of liability insurance if the practice owns the property…