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HENDERSON, NV – November 2024 – MEDVA, a pioneering leader in healthcare virtual staffing solutions, has been awarded Healthcare Virtual Assistant Company of the Year 2024 by Healthcare Business Review (HBR). Founded by doctors Steven Kupferman, M.D., FACS, and Omid Shaye, M.D.,
Billing often becomes one of the biggest administrative burdens for solo and small behavioral health practices. Behavioral health providers managing both clinical care and business operations face unique challenges: complex prior authorization requirements, extensive documentation standards, and insurance coverage barriers.
This makes it crucial for medical assistants to deliver patientcare efficiently. Top Reasons to Choose a Medical Assistant Career in 2024 1. Bureau of Labor Statistics, the employment of medical assistants is expected to grow much faster than average through 2024. Let’s dive into the top reasons! According to the U.S.
An Evolution of Care The adoption of AI in behavioral health is not a disruption, but a natural evolution of care. With thoughtful integration, therapists can utilize AI features to reduce administrative burden and reclaim more time for patientcare and practice growth.
SHOW MORE Innovative payment models — like pay-first and direct primary care — enhance financial stability and patient engagement for independent practices. Deciding which model to adopt depends on a practice’s patient demographics and strategic priorities.
Practice management skills like scheduling, billing, documentation, and compliance can protect you from professional burnout and set you on a path to success. It streamlines communication with patients and creates a professional impression. Systems with automated appointment reminders save you money by reducing no-shows.
When healthcare systems deploy AI to run more smoothly, clinicians experience fewer disruptions and can focus on what matters: patientcare. However, AI can play a valuable role in reducing the burden of routine processes adjacent to clinical visits, like appointment scheduling, billing, and claims management.
health care Author(s): Olga Khabinskay Fact checked by: Richard Payerchin , Afton Woodward Key Takeaways CAQH ProView's frequent reverification demands lead to providers being dropped from networks, affecting patient access to care. The 2024 Change Healthcare cyberattack illustrated health care’s digital fragility.
You need reliable systems for scheduling, billing, intake, and internal communication. The less time you spend on administrative tasks, the more time you have available for patientcare, and in LA’s demanding market, that efficiency can translate to significant practice growth.
While some providers view AI as a valuable tool to improve patientcare, others express hesitation, questioning its role in such a deeply human-centered field. Billers can increase their clean claims rate with AI software that catches mistakes in the billing process. Billing—claims and payment collection.
With the help of advanced technologies, you can attract even more patients to your clinic. The global artificial intelligence for patient engagement market was valued at US$8 billion in 2024 and is projected to reach US$23.1 Society is increasingly focusing on personalized models of patientcare. billion by 2030.
The Biden administration announced a finalized Mental Health Parity Rule on September 9, 2024, bringing significant changes to how insurers cover mental health care. Practices should prepare to assess and potentially adapt their billing and authorization procedures. Ultimately, the changes may improve access for patients.
years earlier than women, and for preventable reasons. Also, the American Cancer Society estimates 299,010 new cases of prostate cancer and 9,760 of testicular cancer will be diagnosed in 2024. This way, practices can mitigate financial obstacles that might prevent men from getting the care they need.
This April 2024 article by Neil Baum, MD , on being an on-time physician gives this tip: Instruct new patients to arrive 20-30 minutes before their appointment to fill out paperwork or complete the paperwork online if your website provides the forms for patient demographics and a health care questionnaire.
billion in 2024 and is expected to surpass this number by around 56.39 Applications of automation span everything from medical billing and administrative processes to enhancing patientcare through clinical decision support and real-time analytics. Time and money saved are better spent elsewhere, such as patientcare.
After the 2008 recession, employers and their health plans shifted strategy from putting physicians and hospitals at risk through delegated risk capitation to putting patients at risk through higher patient cost sharing. The stated intention of the High Deductible Health Plan movement was to encourage patients to shop for care.
This January 2024 article by Nick Hernandez on avoiding strategic planning mistakes gives this tip: 2. Reynolds May 27th 2025 Article Boost clinic morale and productivity with eight quick, evidence-based strategies to energize your team and enhance patientcare after long weekends.
CEO Andrew Witty holds his hand up to testify under oath before the House of Representatives' Energy & Commerce Committee Oversight & Investigations Subcommittee on May 1, 2024. The results The researchers found 381,463 primary care physicians and other clinicians billing Medicare in 2023, with 6.4% Subscribe Now!
Reynolds Blog Article New tax provisions in the One Big Beautiful Bill Act empower medical practices to expand, enhance cash flow and simplify compliance for physicians. Reynolds Blog Article New tax provisions in the One Big Beautiful Bill Act empower medical practices to expand, enhance cash flow and simplify compliance for physicians.
Fierce Healthcare just issued a 2025 healthcare outlook with several key findings, including: An American Hospital Association (AHA) report published in 2024 finds reimbursement from government payers is not keeping pace with the high costs of drugs, labor, and supplies and the inflation rate. Administrative costs.
This year, the American Medical Association published its latest “Physician Practice Benchmark Survey,” with findings from a 2024 national survey of doctors. There are some doctors who believe they can provide the best patientcare when they are their own bosses.
Paul Berggreen, MD, a gastroenterologist and president and board chair of the American Independent Medical Practice Association ( AIMPA ), talks about how physicians could use new AI programs to improve their workflow and patientcare. Oz say June 23rd 2025 Ep. 70: The state of private practice with Paul Berggreen, M.D.,
of GDP in 2024 to 6.7% Advances in medical treatments may improve patient health, though cost implications remain uncertain. SHOW MORE Annual report puts depletion three years ahead of projected schedule in 2024 report. Highlights This year’s report had highlights from 2024: Medicare covered 67.6 million people, or 60.3
The Policy Research Perspectives paper , “Physician Practice Characteristics in 2024: Private Practices Account for Less Than Half of Physicians in Most Specialties,” published by the American Medical Association, identified three major causes for the decline of independent physicians.
More broadly, Berggreen spoke to Medical Economics about the Policy Research Perspectives paper , “Physician Practice Characteristics in 2024: Private Practices Account for Less Than Half of Physicians in Most Specialties,” published by the American Medical Association. 70: The state of private practice with Paul Berggreen, M.D.,
The Policy Research Perspectives paper , “Physician Practice Characteristics in 2024: Private Practices Account for Less Than Half of Physicians in Most Specialties,” published by the American Medical Association, found that 42.2% of American doctors remain in private practice.
The American Medical Association published the Policy Research Perspectives paper , “Physician Practice Characteristics in 2024: Private Practices Account for Less Than Half of Physicians in Most Specialties.”
He discusses recent findings about the current state of physicians in private practice as outlined in the Policy Research Perspectives paper , “Physician Practice Characteristics in 2024: Private Practices Account for Less Than Half of Physicians in Most Specialties,” published by the American Medical Association.
Alvi admitted to billing over $14 million for tests that were either never performed or improperly diluted to cut costs, then issuing bogus negative results. He pleaded guilty to wire fraud and must repay $14.2 million and forfeit luxury assets including $6.8 million in cash and a 2021 Range Rover. FDA Commissioner Marty Makary, M.D.,
1 spot on Fierce Pharma’s list of the highest-paid pharma CEOs in 2024, raking in an industry-leading $287 million — mostly from exercising stock options granted in 2019. of Roetzel & Andress June 17th 2025 Protect CDC funding—Our patients depend on it June 17th 2025 Fired ACIP members: RFK Jr. He far outpaced No. Adler, J.D.,
In 2024, the 10 largest drug companies made more than $100 billion in profits while the pharmaceutical industry spent more than $5 billion on television advertising. The widespread use of direct-to-consumer advertising by pharmaceutical companies drives up costs and doesn’t necessarily make patients healthier,” King said in the news release.
As we enter Alzheimer’s and Brain Awareness Month 2024 , it’s imperative to underscore the importance of effective medical billing practices in providing quality care for individuals affected by Alzheimer’s disease and other forms of dementia. Best billing practices for Alzheimer’s and Dementia Care 1.
As we delve into the realm of the top medical billing software of 2024, you will discover a new set of tools that can empower you, as a medical billing and coding practitioner, to handle your billing responsibilities with increased confidence and efficiency. What is Medical Billing Software?
The International Classification of Diseases, Tenth Revision (ICD-10) released updates for 2024 related to behavioral health, which went into effect October 1, 2023. These revisions help practitioners communicate more accurately about patient diagnoses. F33.3 , and ICD-10 Code for Anxiety, Unspecified 2024 – F41.9.
For behavioral health practices, transitioning to in-house billing for mental health services can be extremely beneficial. In-house billing can boost efficiency, reduce spending, improve revenue streams, and simplify compliance—even with ever-evolving regulations. What inefficiencies exist? What areas can be improved?
The healthcare industry is in a constant state of evolution, developing new tools and strategies to enhance physician performance and patient satisfaction. These ongoing industry trends can also facilitate physicians’ tasks, allowing them to focus on patients while ensuring proper revenue collection. The year 2024 is no exception.
Request Pricing Streamlining the PatientCare Process with Valant’s EHR However, it’s not just the treatment phase that must become more efficient to free up your time. You need a quicker, easier EHR workflow throughout the entire patientcare process, from start to finish.
Here is a closer look at 12 fast-growing medical jobs in 2024 to consider for your next career move. Medical Assistants perform both administrative tasks like scheduling appointments and clinical duties such as taking patient vital signs, assisting with examinations, and preparing treatment rooms. Where Do They Work?
According to the report, here are the top challenges for RCM teams: Clinical denials: 70% Technical denials: 63% Staffing shortages: 39% Underpayments: 33% Patient collections: 27% Third-party liability/complex claims: 18% Managing remote teams: 13% Other: 8.6% Trust your RCM to us so you can return to what matters the most: your patients.
Senators Angus King (I-ME) and Marco Rubio (R-FL) recently introduced a bill addressing cybersecurity protections and oversight in the healthcare industry. The Strengthening Cybersecurity in Health Care Act , introduced on February8, 2024, aims to bolster a vulnerable and often-targeted industry against cyberattacks.
Apparently, several companies have been accused of gaming the system by submitting fraudulent bills for millions of catheters using patient and doctor information. Several accountable care organizations (groups of hospitals and doctors) said they could each lose more than $1 million if the fraudulent billing issue isn’t fixed.
ACI Medical & Dental School Has Been Designated As A Military Friendly® School for 2024/2025 We are proud to announce that ACI Medical & Dental School has been chosen for the Military Friendly® Schools designation for 2024/2025. Contact ACI Medical & Dental School today to learn more!
On June 16, the Centers for Disease Control and Prevention (CDC) released the ICD-10-CM codes for the 2024 fiscal year (FY). Also, the CMS updated the 2024 addendum, code descriptions in tabular order, and code tables, tabular list, and index. Read more about the ICD-10-CM update codes for FY 2024.
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