Losing Money
Share This Page
By Nicola Hawkinson, DNP, RN, RNFA
While no one wants to believe that his or her practice management strategies lose money, experience shows us that two of the biggest pain points in a medical practice in 2022 are the underutilization of electronic medical record (EMR) tools combined with ineffective billing/coding management procedures. In this article we discuss what to check for in your current usage and offer some prescriptive measures to improve profitability.
Whether you manage all coding, billing, and receivables internally or you outsource much of this activity, it’s important to understand that systems and training are your friends.