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Welcome to the blog!
A repository of articles about things doctors didn't learn in medical school, covering side gigs, finances, the business of medicine, life in medicine, and more. These resources are intended to take a deeper dive into specific topics referenced in our educational pages.
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Steps Involved in the Revenue Cycle Management (RCM) - It's More than Just Billing and Coding
Overview of the revenue cycle management (RCM) process & what each step entails for private practices to optimize collections & efficiency to maximize capture & reduce denials
Strategies for Denial Management in Medical Billing for Your Practice
Proven strategies for denial management to reduce initial denial rates, improve appeal success, and speed up the claim denials process to collect outstanding revenue for your practice.
How Do I Increase Private Practice Revenue Without Seeing More Patients?
Many physicians wonder how to increase private practice revenue without having to see more patients; it’s important to seek ways to improve billing & collections and to optimize systems and revenue streams. This includes examining RCM practices, payer contracts, & scheduling templates, & providing add on complimentary services, some of which may be reimbursed in a favorable way.
Ideas for Extra Income While You’re Building Your New Private Practice
Practical ideas for additional practice revenue sources or extra income while building your patient base at a medical practice, including moonlighting, disability exams, clinical research, & more.
The Impact and Uses of AI in Medical Billing and Revenue Cycle Management
AI in medical billing is transforming healthcare revenue cycle management. Learn key use cases, benefits, challenges, and how AI improves billing accuracy, cash flow & the patient experience
Detailed Logistics of Setting Up a Clinical Research Trials Site
The logistics of establishing a clinical research site & running research trials at a private practice, including staffing, space, software, and compliance.
A Day in the Life of a Clinical Research Principal Investigator (and What a Sub-I Does)
The day-to-day responsibilities of a principal investigator (PI) in clinical research—from patient oversight to documentation & administrative tasks—to determine if clinical trials are right for your private practice
Adding Lab Testing Services to Your Private Practice with Options for Ancillary Income
Ways to add in-house or third-party lab testing options to a private practice to offer patient convenience while potentially creating an additional revenue stream for extra income
How Much Revenue can a Private Practice Make from Participating in Clinical Research Trials?
Factors that determine revenue generated from clinical trials at a private practice, examples of potential income based on practice size, & how to optimize research studies & net profit generated
Outsourcing Medical Billing vs Keeping RCM In-House: Pros and Cons for Private Practices
Pros and cons of outsourcing revenue cycle management (RCM) services vs keeping billing in-house, and how to decide what option is better for your private practice
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