As the lingering COVID-19 pandemic places unprecedented stress on U.S. healthcare workers, data suggest that the country is on the brink of a tsunami wave of change in the healthcare workforce. One in 5 physicians and 2 in 5 nurses intend to leave their current practice within two years, a new study by the American Medical Association (AMA) suggests. According to Helene Beilman-Werner, CEO of Zymeda “A number other recent studies indicate over a ...
Zymeda is growing! We are excited to announce, due to our remarkable growth over the past year, Zymeda is expanding into Texas. "The opening of Zymeda's new location in Texas allows us to serve the needs of solo providers and group medical practices by providing a comprehensive portfolio of practice management and strategic consulting services". says Helene Beilman-Werner, CEO of Zymeda. "We are committed to positioning independent physician practices for long-term success. We conduct ...
The No Surprises Act went into effect on January 1st, 2022. If you are not familiar with this new law, it becomes illegal to bill patients for more money than the in-network cost-sharing price if the patient did not know that the care service would come from an out of network provider. In simplified terms, a “surprise bill” occurs when a health care provider or facility balance bills a patient the difference between the facility ...
Looking Ahead: Healthcare 2022 This past year has stressed the healthcare industry like never before. Pandemic issues and economic woes challenged every aspect in healthcare. One of the biggest impacts this past year was the number of physicians leaving healthcare due to burnout. It seems job satisfaction in healthcare has become a big concern, and understandably so. Over 40% of physicians have stated they are dissatisfied with their jobs, feeling more like employees than leaders ...
Translating a customized care model for a specific demographic of patients into improved patient care outcomes, reduced cost of healthcare, and increased revenue is no easy task, but with the right team establishing the outline, identifying patients through analytics, submitting encounter data, flagging patients and providing detailed clinic status reports, payors will see that patients are receiving the level of care that prevents hospital admissions and improves the health of the whole patient, especially with ...
Workplace culture can make or break a business. Numerous books and research have shown a great work culture can lead to improved employee engagement. Employee engagement impacts retention, productivity and the way your teams treat your customers, in this case, your patients. A happy staff member will go above and beyond for patients, flag potential issues early and always be looking to innovate and make the practice better. We’ve all heard about the amazing ...
Have you ever asked to be paid less than what you’re worth? We can’t speak for everyone, but for most, it’s safe to assume the answer is a resounding no. You and your staff take pride in staying connected and providing quality care to your Medicare and Medicare Advantage patients annually, so why are your HCC/RAF scores so low when so many of your patients have multiple chronic conditions? Do you ...
MEDICARE INCREASES PAYMENT FOR COGNITIVE ASSESSMENT AS OF 01/01/2021 Did you know that Medicare reimburses providers for a separate visit to complete cognitive assessments when conducted in the office or via telehealth? Any clinician eligible to report E&M including physicians (MD and DO), nurse practitioners, clinical nurse specialists, and physician assistants. Cognitive Assessment & Care Plan Services (CPT code 99483) Start with a 50-minute face-to-face visit that includes a detailed history and patient ...
Private practice physicians continue to face constant threats of consolidation, a recent survey of 346 healthcare providers was conducted to collect their thoughts on a number of topics integral to their practice, according to the PatientPop 2020 Practice Growth Report. Here are five insights from the report: 1. Approximately 72.7 percent of providers are satisfied with their level of success. 2. Providers identified six characteristics that were important to their success: Delivering a top ...
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. How frequently do you think about your practice’s online reputation? Do you know if your online reputation is positive or negative? Do you have a process to capture and manage reviews from your patients? Often, medical practices overlook the importance of their online reputation. But the bottom line – it matters ...
Operating a medical practice is more than just practicing medicine. Whether you’re a veteran physician with an established practice, or a novice practitioner branching out for the first time, the business side of your medical office can be overwhelming. You have two full time jobs…business owner and doctor. You don’t have to do it alone. Medical practice management consulting helps independent practices achieve their goals without sacrificing patient care quality. They guide ...
Great ways to fuel enthusiasm, boost success, and find balance in your daily routine Even the best of jobs have good days and bad days and sometimes can be tedious. Keeping your energy level up is about more than getting a good night sleep and a smart fueling at breakfast. It comes from your internal attitude as well as from the people around you. Take a preemptive strike against burnout with these ideas to enjoy ...
To increase revenue, save time and decrease the costs associated with billing, many healthcare facilities and private medical practices are choosing to outsource their revenue cycle management (RCM) and medical billing. When these tasks are outsourced to a reputable medical billing services company, patients receive the same cordial communication provided through an in-house billing department, but the provider benefits substantially because each claim is prepared and managed by a billing specialist. The Benefits of Using ...
Part 4 – Beginning Your Job Search: Who and What You Know If you’re just joining this blog series, we encourage you to spend some time with Parts 1, 2 and 3 to get a great framework for what we’re discussing in Part 4 – Beginning Your Job Search: Who and What you Know. If you’re a new physician reading this, we’ve guided you in Part 1 towards making the most informed choice ...
Part 3 – Beginning Your Job Search: Prep and Landing In Part 1 and Part 2 of this blog series, we guided the new physician in making the most informed choice for your career in medicine and also provided tips for assessing the opportunities available to you. This month’s article will discuss what happens after all that initial research footwork is done – preparing for the job search itself. Easier said than done, your search for ...
Part 2 – Assessing Your Opportunities In Part 1 of this blog series, we gave new physicians a general overview of our guide to success in making the most informed choice for your career in medicine. This month’s article will focus on one of the most critical aspects in helping you do that – assessing the various opportunities available to you and evaluating them based on your unique needs. One of the first questions you’ll ...
Part 1 of 3 One of the most rewarding aspects of our consultancy at Zymeda is the opportunity we have to regularly present to a wide variety of physician audiences all over Southern California. From financial to practice management topics, we truly enjoy bringing practical and useful information to physicians and their administrative staffs. One of the weightiest topics we often speak on is directed to the new physician – fresh out of his or her ...
If the proliferation of Yelp, Google, and other online ratings website reviews about a person’s experience with a doctor’s office is any indication, customer service is a big deal when it comes to maintaining the health and vitality of your practice. While this fact may not be surprising, we find that many physicians don’t realize the online reviews and ratings that they uncover about their practice may have nothing to do with ...
Physician resources for improved efficiency and a better quality of life It would be no surprise to a doctor or practice administrator reading this to know that demands on today’s physicians are staggering. From increased expectations from patients and payors to significant regulations governing the scope of care a practice must provide, it’s no wonder why physician burnout is at an all-time high. In fact, in its 2020 Lifestyle Report, Medscape, a leading ...
