Charity Rice’s Post

"A significant majority of physicians (88%) said burdens associated with prior authorization were high or extremely high. This costly administrative burden pulls resources from direct patient care as medical practices complete an average of 45 prior authorizations per physician, per week." https://hubs.li/Q02N2cPR0 Let Health Prime help and say goodbye to the hassle of benefits verification and prior authorization. Continue providing exceptional care, and let us handle the rest. #medicalbilling #healthcaresolutions #virtualoffice #priorauthorization

You could be overpaying thousands of dollars by being double-billed for medical services! 🤑 Read the article below to learn more about this growing trend. https://lnkd.in/dvZWWKFy #HealthcareHorizons #EveryClaim #HealthcareAudit

Staying informed about healthcare practices is crucial for ensuring quality patient care. This eye-opening article from ProPublica sheds light on a #Cigna medical director who admitted to using non-clinical criteria to deny pre-approval for medical procedures, potentially endangering patients' lives. We need #transparency and patient-centered care in our healthcare system! Staying updated on such issues is vital for navigating the complex landscape of modern #healthcare https://lnkd.in/g9ecUJnj

Big corporations are quietly taking over your medical practice. Some doctors and experts say it's ruining healthcare. Big businesses such as hospital systems, insurers, and PE firms are gobbling up medical clinics. Some doctors and industry experts fear corporate owners could prioritize profits ahead of patients. The federal government is dialing up scrutiny of PE firms and other corporate owners in healthcare. https://lnkd.in/g5eScsXh

With an 80-year head start, #KaiserPermanente shares a bit of its #ValueBasedCare secret sauce recipe: “Value-based care is the future of #medicine. #Healthcare organizations must adapt technology, venues, #primarycare and prevention to survive and thrive”

Check out this interesting piece from my colleague Jay Asser on how private physician practices can buck the trend of being taken over by health systems and other corporate entities.

At the end of the day it is still about the PATIENT. ....Proponents of the private practice model argue that it allows for greater patient autonomy and the opportunity to form long-term relationships with patients without the interruption of corporate protocols.... A recent survey by the Medical Group Management Association (MGMA) revealed that independently owned practices have higher patient satisfaction scores compared to those employed by hospital systems. Dr. Torres added, “Our patients appreciate that we spend the time to understand their needs and provide continuity of care.” https://lnkd.in/gnqFRY5E #medicalbilling #practicemanagement

IRCMS Unlocks Revenue Potential by Addressing the 15% Medical Claim Denial Challenge   Private payers are denying 15% of medical claims, even ones pre-approved. This inefficiency costs providers billions annually. According to Premier Inc., this challenge is pressing and pervasive. At Integrated RCM Services, we tackle these challenges head-on. With tailored solutions, we help providers reclaim lost revenue and streamline processes.   How much are you losing to claim denials? Partner with us, Nick DeRose and Jamie Knox, to unlock your true revenue potential: https://lnkd.in/eq9miqs2 Read the full article here: https://lnkd.in/eWKZV_hh

Why not discuss the benefits, risks, and potential costs of medications earlier in the visit, aligning it with the initial diagnosis? By integrating cost conversations earlier, clinicians can address patient concerns comprehensively, allowing for informed decisions that consider both medical and financial aspects. #Healthcare #PatientCentricCare #MedicationCosts #HealthTech #TransparentCare #PatientAdvocacy