The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) has replaced the Sustainable Growth Rate (SGR) formula. As a result, new guidelines for paying providers for care administered to individuals enrolled in Medicare Part B will come into effect for the following calendar year. Providers that participate in MACRA through the Merit Based…
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Per full-time physician, prior authorization-related activities cost around $3,500 a year, without even taking into account lost productivity or operational efficiency. Prior authorization is costly and time-consuming. In addition, the patient cannot receive treatment or medication until the process is completed. Fortunately, the healthcare industry can collectively remove this burden because of current electronic…
With the influx of new patients from the Affordable Care Act and the ever-increasing paperwork requirements, medical dictation software has become essential to every healthcare practice. Fortunately, advances in natural language processing have made this software more affordable. This article briefly covers the most important features to consider when selecting the best EMR medical voice…
Estimates suggest that practices lose up to 14% of their annual income due to missed appointments, or “patient no-shows,” every year. Patients who fail to arrive at their scheduled appointment reduce practice revenues and place an unneeded burden on admin staff. A patient appointment reminder system can improve no-show rates and increase a practice’s overall…
1st Providers Choice is excited to announce that we will be attending the American Academy of Pain Medicine’s (AAPM) 32nd Annual Meeting. We look forward to joining over 1,000 pain medicine professionals this year in the beautiful Palm Springs, California. This year, pain medicine professionals will hear from renowned speakers and have the opportunity to…
1st Providers Choice is proud to announce that we are attending the American Academy of Sleep Medicine’s (AASM) Sleep Trends 2016 conference! We look forward to joining over 400 sleep medicine professionals at the Pointe Hilton Squaw Peak resort in Phoenix, Arizona. This year promises to be unlike any before. The AASM will be unveiling…
Multi-specialty group practices are comprised of healthcare providers from a variety of backgrounds and expertise. Following the implementation of the Affordable Care Act, more primary care offices are integrating with mental health centers to offer a more holistic treatment approach. While multi-specialty practices like this are known to improve patient satisfaction and enhance interprofessional collaboration,…
Medical billing is a crucial part of running any healthcare practice. Providers depend on accurate and efficient billing practices in order to receive reimbursements from payers in a timely manner. With numerous PQRS and meaningful use requirements, running an efficient practice is becoming more difficult. Staff members and healthcare professionals are required to stay up…
