The COVID-19 pandemic journey often feels like a real-life Netflix series, complete with twisty plotlines, complex characters, and unsuspecting heroes. How many seasons will it last and how will it end? That remains to be seen. But we do know that the novel coronavirus will continue to have repercussions within the healthcare community for some …
In the early months of the COVID-19 pandemic, many medical practices saw a significant decline in appointments and revenues. Patients delayed both routine and urgent care in fear of contracting COVID-19. The Texas Medical Association reported 68% of practicing physicians in the state reduced their work hours due to COVID-19. Similarly, a study by the …
The Current and Future State of the Internal Medicine Landscape Read More »
Recent studies show that 42% of physicians in the United States report feeling symptoms of burnout. Much more significant than just a stressful day, burnout manifests itself emotionally, physically, and mentally. Burnout is caused by prolonged periods of stress, a common experience for healthcare providers. The healthcare industry’s unrelenting pace combined with long hours, bureaucratic …
Provider Burnout Is on the Rise— What’s the Antidote? Read More »
Raise your hand if you’ve heard this story before. A physician writes a prescription for a patient, but during a follow-up visit two weeks later, the prescribing doctor discovers that the patient isn’t taking their medication. After a little probing, the doctor learns that the out-of-pocket cost was more than the patient could afford, or …
RXNT receives recognition as one of the best software companies of 2021 by Digital.com. ANNAPOLIS, MD. (January 7, 2021) – RXNT, a leading provider of cloud-based ambulatory healthcare software, today announced that it has been selected as a top software company by Digital.com, an independent review website for small businesses. RXNT’s products were recognized as …
RXNT Named to Digital.com’s Best Medical Billing Software of 2021 Read More »
Chronic diseases present significant healthcare concerns in the United States. 6 in 10 adults have a single chronic disease, and four in ten adults have two or more chronic diseases. These chronic conditions are the leading cause of death and disability in the country and a major contributor toward the nation’s $3.5 trillion annual healthcare …
The Complexity of Managing Specialty Drugs in the 21st Century Read More »
Using the most accurate Current Procedural Terminology® (CPT) codes is one of the best ways to avoid claim rejections and get reimbursed faster. In the third quarter of 2020, the American Medical Association (AMA) released new codes, the first major revision of office visit and outpatient evaluation and management (E/M) codes in 25 years. And, …
The margin errors in medical billing are alarming, ranging from 30% to 80%, according to an article in the Wall Street Journal. With the increase of electronic health records (EHR) and over-inundation of patients during the COVID-19 pandemic, numbers are likely even higher than estimated. According to the American Medical Association, medical billing errors fall …
Scheduling patients for provider visits was challenging long before COVID-19. Studies by Health Management Technology found that missed appointments cost the healthcare community $150 billion per year. Not to mention the “soft” dollar costs that come when patients don’t receive needed care. By not staying on course, patients are at higher risk for complications, poor …
Picture this: your practice in its most optimal state. Patients arrive with their paperwork complete, insurance information verified, and checked in. Providers have reviewed patient information and have plenty of time to address these issues. Your staff can readily access documents and review scheduled appointments. There is no last-minute scramble to find important documents or …
Front Office Tech: 4 Must-Haves for an Optimized Practice Read More »
How many bills do you pay online? If you’re like most people in the United States, you probably pay at least half of them through digital billing platforms. Over the last decade, online bill pay has become an integral part of how society spends and collects money. From digital banking to mobile wallets, there are …
Online Patient Bill Pay: Why Healthcare Practices Need to Catch Up Read More »