Insights

PPP Forgiveness: What Physicians and Medical Practices Need to Know

With the CARES (Coronavirus Aid, Relief and Economic Security) Act Paycheck Protection Program (PPP) loans beginning to hit business bank accounts in waves, relief is finally on the way for some physician practices. Here’s what you need to know to maximize forgiveness and minimize repayment.

Physician Practice Guide to Reopening Post COVID-19

As individual states take a phased-in approach to reopen businesses after the initial COVID-19 quarantine this spring, it’s vital that your physician practice or medical group have a plan to reopen safely as well.

Financial Relief FAQs

More answers to your questions about financial relief related to the Coronavirus Pandemic.

Financial Relief for Physician Practices: A Brief Guide for the Coronavirus Pandemic

In a short time, COVID-19 has forced physician practices to make big changes: modifying hours of operation, shifting to telemedicine, canceling appointments, and reducing staffing. All of these adjustments translate to reduced revenue. If your group practice is under financial strain, now is the time to seek aid.

5 Ways Practice Managers Can Lead During COVID Slowdowns

To curb the spread of COVID-19, communities and nations are taking unprecedented measures to reduce non-essential physical interactions. As a result, many non-emergency healthcare providers and medical groups are seeing significant drops in patient volumes – forcing some to stop services altogether.

Telehealth Quick Start In Response To The COVID - 19 Situation

The COVID-19 situation is requiring many practices to rethink the way they run their businesses. Starting a telehealth solution is a vital first step that will provide supplemental income to offset your declining in-person patient visits. We’ve included a list of the most frequently asked question below to help you determine if a telehealth program is right for your practice

Revenue Cycle Management: Choosing The Right Provider Can Make All the Difference

Few business choices impact the success or failure of your medical practice as much as your Revenue Cycle Management (RCM) partner. A good one is an invaluable asset to your operation—streamlining processes, maximizing reimbursements, and eliminating many of the complex billing issues that routinely bog down independent practices.

Three Powerful Ways Independent Physicians Can Banish Admin Burden

In today’s competitive medical practice marketplace, it can be challenging for independent physicians to thrive on their own. Increasing healthcare regulations, evolving insurance rules, and mounting pressures to consolidate make it difficult for smaller, more siloed practices to keep pace. On top of that, independent physicians are often strapped with all the administrative headaches of a larger medical center —but under one, minimally-staffed roof.

Four Myths that Fuel Physician Burnout— And How to Combat Them

You’re emotionally exhausted. You don’t feel a personal connection to your practice. Perhaps worst of all, you don’t have a sense that you’re providing effective care to your patients—the whole reason you got into medicine to begin with.