AdvancedMD

An effective patient engagement strategy is key to building a thriving practice, but it also has a measurable impact on patient outcomes. How? ????To start, more than 40% of patients are more likely to follow treatment plans if they receive reminders between visits. ????In fact, 70% of hospital readmissions are the result of patients neglecting to follow their treatment plans. Download our free infographic now to learn critical data points that prove why your patient engagement strategy is not only crucial to your practice's success, but integral to improving care outcomes: https://lnkd.in/gyT8y7HH #PrivatePractice #PatientEngagement #HealthcareTechnology

When asked what percentage of patients use self-scheduling tools, nearly three-fourths of medical group owners surveyed by MGMA said less than 25% of their patients use digital tools to schedule appointments. In fact, only 11% of the survey respondents reported at least half of their patients use digital tools to schedule visits. "Many proponents of patient self-scheduling frequently point to a lower patient no-show rate as one of the key benefits of adding this functionality to practices," according to MGMA. "However, the relative lack of self-scheduling among these poll respondents leaves most practice leaders (43%) reporting they are unsure if patient self-scheduling reduces no-shows." But addressing no-shows is just one benefit of providing self-scheduling tools for patients. As MGMA outlines in its report, allowing patients to schedule their own appointments not only improves flexibility and convenience for patients, it can help increase operational efficiencies. Be sure to read the full report from MGMA at: https://lnkd.in/giRr9huW #PrivatePractice #NoShows #HealthcareTechnology

??SAVE THE DATE: On January 25, AdvancedMD partner TLD Systems will be sponsoring a free CME webinar to help medical groups safeguard their systems against ransomware attacks. ??According to a 2021 survey of IT and security professionals, more than 80% reported their organization had fallen victim to a ransomware attack. ??Among those impacted by ransomware, 60% paid a ransom fee to recover the data that had been stolen. ??More than 80% of the ransom fees totaled $100,000 or more. In the three years since the survey was conducted, ransomware attacks have only increased across business sectors. Healthcare organizations and medical groups are especially vulnerable because of the vast amount of patient data that resides within their systems. You can read more about the threat of ransomware and register for the free webinar on our blog at: https://lnkd.in/g4dJ_ZMb #HealthcareCybersecurity #Ransomware #PrivatePractice

A new report from Physicians Practice underscores just how fraught the relationship is between private practices and payers. According to its 2024 Payer Scorecard, payer organizations earned 1.8 stars (OUCH!!) out of five when it came to customer service capabilities. The overall payer score was an underwhelming 2.02 stars. The report also revealed: ?? 66% of survey respondents report low reimbursement rates as their biggest payer challenge ?? More than 75% of survey respondents said their practice accepts eight or more payer plans (29% accept more than 20 payer plans) ?? Nealy three-fourths of survey respondents report doing more prior authorizations in the past year ?? Nearly 100% of the survey respondents said there should be a CPT code requiring payers to reimburse medical groups for time spent completing prior authorizations Be sure to read the full findings, along with insights from respondents on steps payers could take to improve relationships with healthcare providers: https://lnkd.in/gpDRHyrs #PayerChallenges #HealthcareInsurance #PrivatePractice

The American Heart Association (AHA) recently released a scientific statement addressing the role of primary care in cardiovascular health. "Primary care professionals have the potential to greatly improve the identification and treatment of cardiovascular risk factors and health behaviors in their patients," according to the statement covered by Medical Economics reporter Austin Littrell. The AHA estimates that one in four deaths in the U.S. caused by cardiovascular disease could be prevented with the right lifestyle changes and medical treatments. "The AHA’s recommendations for improving and maintaining optimal cardiovascular health come in the form of the AHA's Life’s Essential 8 guidelines, a list of four health behaviors—diet, physical activity, nicotine exposure and sleep—and four health factors—body mass index (BMI), blood lipids, blood glucose and blood pressure," writes Littrell. Be sure to read the full story at: https://lnkd.in/gHwB4nEd #CardiovascularHealth #PrimaryCare #AmericanHeartAssociation

Social determinants of health (SDOH) play an integral role in population health outcomes, as this recent report from Healthcare IT Today makes clear. The publication asked a number of healthcare leaders how social determinants of health (SDOH) impact population health outcomes and what initiatives they have implemented to address healthcare disparities. According to Samantha Bockoven Tamminga, health clinics coordinator at The Vineyard Free Health Clinics, "At our free health clinic, each patient completes a social needs screening survey on arrival to the clinic. This allows us to meet the patient’s needs in real-time, whether it is giving them hygiene items, referring them to our food pantry, providing them with free medication, or connecting them with a case worker." The Vineyard Free Health Clinics in Columbus, Ohio has been a longstanding AdvancedMD customer and we couldn't agree more with Samantha's approach to caring for the most vulnerable within the Columbus community. Be sure to read her insights on population health, along with commentary from other healthcare leaders, at: https://lnkd.in/d_rzg5BU #HealthEquity #SDOH #PopulationHealth

Happy #WorldKindnessDay from AdvancedMD ???? "A single act of kindness throws out roots in all directions, and the roots spring up new trees."—Amelia Earhart

A new report from Kaufman Hall revealed medical groups’ median investment per employed physician reached $304,312 last quarter—surpassing the $300,000 mark for the first time. "Among medical groups, labor expenses have remained elevated, according to Kaufman Hall’s Physician Flash Report," writes Healthcare Dive reporter Emily Olsen. "The total direct expense per full-time provider increased 5% compared with the third quarter in 2023. Physician productivity also rose 6% year over year." Be sure to read Olsen's full coverage of the report at: https://lnkd.in/gp-QqMPW #PhysicianSalaries #HealthcareCareers #HealthcareLaborCosts

???? Choosing an EHR provider is one of the most important technology investments you'll make as a private practice owner. But with so many options, selecting the right EHR platform can be an overwhelming task. If you're in the market for a new EHR platform, our latest guide can help you determine the features and functionalities you need to increase productivity across your practice. Our "EHR for the Private Practice: A Beginner's Guide" outlines the top ten EHR features that ensure flexible and sustainable processes for medical groups of all sizes, including: ?High levels of interoperability ?Unhindered connection to Health Information Exchanges (HIEs) ?Sophisticated report and analytics functions that improve decision making on both the clinical and admin sides of the practice ?Unified telehealth workflows It also offers insights on how an effective EHR solution can deliver more efficient charting workflow capabilities, as well as why some EHR platforms contribute to burnout across the staff. Best of all, you can download the guide for free now at: https://lnkd.in/gqqMABZi #EHRSolutions #EHRsforPrivatePractices #HealthcareTechnology

As a healthcare provider, do you ever wonder how your sleep schedule and amount of overtime hours may be impacting your work? Researchers from University of Pennsylvania Perelman School of Psychiatry teamed up with researchers at Japan's Juntendo University Graduate School of Medicine to determine if sleep durations influence a physician's alertness and psychological health. "The study utilized standardized surveys to assess sleep duration in addition to symptoms of burnout and depression," writes Medical Economics editor Austin Littrell. "A brief Psychomotor Vigilance Test (PVT-B) was used to assess the physician’s alertness." After surveying more than 1,200 physicians in Japan and analyzing the PVT results, the study findings revealed that working 10 additional hours per week led to increased burnout severity. "Attentional lapses and generally poor objective alertness on the PVT were associated with increased rates of depression and intense feelings of burnout, suggesting that PVT performance could be a useful indicator of psychological health, although further research is required," according to Littrell. Be sure to read his full coverage of the study at: https://lnkd.in/ga2EaEXS #PhysicianBurnout #HealthcareCareers #PhysicianOvertimeHours