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davidjohn6366
31st July 2022, 08:33 PM
When you join up with other small or solo practices in an informal group, you can pool resources for staffing, billing, and purchasing. Together a group of practices can even afford to upgrade their medical EMR software. Unlike an IPA, each practice remains independent and profits are strictly their own. It does require that you make sure the partnership is legally solid and fair, so hire a lawyer before you handshake on an informal collaboration.

Other Revenue Sources

Make sure you're paid fairly by training your Medical image analysis (https://www.beehealthy.org/medical-image-analysis-and-processing/) staff to be on top of billing. For instance they must always pre-certify, get patient releases, and obtain all necessary records in order to keep the rate of denial as low as possible.

Also look into incentives similar to the ones for implementing medical EMR software. New government mandates come out often, so go for every single cent of incentive money you can land.

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