Medical Billing vs. Revenue Cycle Management: Optimizing Financial Health in Healthcare Practices
Efficient financial management is the foundation of successful and sustainable practice operations. Two critical processes—medical billing and revenue cycle management (RCM)—are key to this optimizing Financial Health in Healthcare Practices. Understanding and implementing them effectively is crucial. Below, we’ll define, process, and compare the benefits of medical billing and healthcare RCM. We’ll also explain how CareTracker’s integrated […]
Growth Trends in the ASC Market
The Ambulatory Surgery Center (ASC) market in the USA is experiencing unprecedented growth, with the number of ASCs increasing by over 20% in the past decade. This blog explores the trends of the ASC market growth, emphasizing the factors driving its rise, such as cost-effectiveness and the convenience of outpatient care. Additionally, we will explore the […]
ASCs and the Shift Towards Value-Based Care
As healthcare evolves, value-based care in ASC is pivotal in delivering superior patient outcomes. A Health Care Payment Learning & Action Network report revealed that approximately 60% of healthcare payments are now tied to value-based care arrangements. This shift reflects a significant change in how care is delivered and reimbursed. The move towards value-based care […]
The Future of EHR Interoperability and Integrations
In healthcare technology, interoperability and integration are vital for driving progress. The seamless data exchange between Electronic Health Record (EHR) systems and other healthcare applications promises to improve care coordination, enhance clinical outcomes, and, ultimately, provide better patient experiences. The integration of EHR systems has become widespread across various healthcare settings, including hospitals, private practices, home […]
7 Best EHR Features for Surgical Continuity of Care
Maintaining continuity of care in surgical environments is more crucial in healthcare than ever. As healthcare providers, your role in ensuring effective continuity of care is pivotal. Studies have shown that this can significantly reduce the risk of postoperative complications, underscoring its critical importance in patient outcomes. As patients transition from the hospital to home […]
The Importance of Efficient Scheduling in Independent Practices
Efficient patient scheduling is vital for independent healthcare practices. It serves as the cornerstone of operational success and high-quality care delivery. Streamlined scheduling processes ensure timely access to care, optimize resource utilization, and enhance patient satisfaction. Below, we will explore the critical role of efficient scheduling in independent practices and its impact on patient care […]
The Ultimate Guide to HIPAA-Compliant Digital Patient Intake Forms
In modern healthcare, providers are increasingly transitioning from traditional paper-based processes to digital solutions. One area where this shift is particularly beneficial is patient intake forms. In this blog post, we will explore the advantages of digital patient intake forms over paper forms and underline the crucial role of ensuring HIPAA compliance throughout this transition, emphasizing […]
Patient Self-Scheduling for Independent Clinics
In contemporary healthcare, the pursuit of efficiency and accessibility takes precedence, and the pivotal role of patient scheduling software comes to the forefront. This software has become a cornerstone for medical practices seeking to enhance operational efficiency and elevate the patient experience. Patient self-scheduling, facilitated by intuitive software solutions like Harris CareTracker, represents a transformative approach […]
Why Switch to Digital Intake Forms to Streamline Patient Intake?
Optimizing patient intake workflows in modern healthcare is crucial for enhancing operational efficiency and realizing significant financial benefits. By leveraging advanced solutions like electronic health records and practice management software, medical practices can streamline registration processes, gain insight into profitability, and improve overall performance. The financial benefit lies in reducing administrative costs, minimizing errors, and […]
Leveraging Interoperability to Navigate the Landscape of Value-Based Reimbursement
Value-based care has garnered significant attention in recent years. At the core of this paradigm shift is the exploration of Value-Based Payment Models, heralding a necessary transformation in healthcare delivery. Medical professionals are poised to shift focus towards delivering healthcare that meets and enhances patient value. One notable initiative is the World Economic Forum’s Global Coalition for […]
