A Dive into the Future of Medical Finances According to the Centers for Medicare & Medicaid Services, total healthcare expenditure is projected to reach $6.2 trillion by 2028. As this inevitability unfolds, the financial outlook of the healthcare industry takes on a contrasting yet increasingly decisive role. While revenue leakages in other industries may affect…
Beyond EHRs: The Disruptive Impact of Digital Health Solutions We all can recall that historic moment when the United States’ guidelines mandated the use of EHRs; it changed the healthcare landscape forever. Medical records were digitized. Long-term storage and maintenance costs were reduced. Providers gained the flexibility to access patient data anytime, anywhere. The rate…
The Future of AI in Ambulatory Practice: A Strategic Two-Year Roadmap Do you recall the early days of eCommerce? Many skeptics dismissed it as a fleeting niche, incapable of challenging the dominance of brick-and-mortar establishments, while others labeled it as merely a passing trend. Yet, over time, eCommerce revolutionized the retail landscape, forcing even the…
How RPM is Fostering a More Connected Chronic Care Experience A few decades ago, envisioning a healthcare future with disease management independent of in-person clinic visits seemed nearly impractical. Care was largely defined as reactive, episodic, and facility-centered. Chronic conditions were monitored only during scheduled checkups, and treatment was provided when patients actively sought help….
How to Decide What Rates to Charge for Your Therapy Services Although we live in a time when mental health awareness and treatment are finally receiving the attention they deserve, yet the stigma surrounding it remains firmly in place. Unknowingly, many therapists internalize this stigma, often feeling guilty about charging for their services. Some even…
Evidence-Based Cost-Saving Strategies for Practice Managers in Small Clinics You would never want to cut costs at the expense of quality equipment or patient care. A consistent, well-researched, and informed approach to reducing service overuse, curbing unnecessary expenses, and enhancing long-term profitability is what we all strive for. However, billing errors, staff shortages, claim rejections,…
Is AI Truly the Magic Wand for Clinics? We Firmly Believe So! Do you recall the early days of eCommerce? Many skeptics dismissed it as a fleeting niche, incapable of challenging the dominance of brick-and-mortar establishments, while others labeled it as merely a passing trend. Yet, over time, eCommerce revolutionized the retail landscape, forcing even…
EHR Costs Breakdown: Pricing, Hidden Fees, and Budgeting Tips Today, it is almost impossible to imagine a healthcare facility without an EHR. From patient check-ins to post-recovery tracking, EHRs have permeated every nook and cranny, becoming an indispensable part of the healthcare ecosystem. However, like all technologies, EHRs come with their own costs, both direct…
Is Your EHR HIPAA Compliant? The healthcare industry has experienced a significant escalation in data breaches over the past few years, with 2024 marking a particularly challenging period. In 2024, 703 large data breaches were reported, affecting approximately 184 million individuals, about 53% of the U.S. population. This represents a 9.4% increase in breached records…
Navigating Digital Health Legalities Healthcare technology paradigms such as mHealth, eHealth, telemedicine, and Remote Patient Monitoring (RPM) are often used interchangeably with digital health. While digital health is the broadest term, encompassing all tools and technologies employed to improve medical care, eHealth specifically refers to digital applications supporting healthcare services over the internet and through…