Practice Management
Healthcare costs are growing at a slower pace than in years past, but they’re still rising faster than the overall inflation rate, according to new data from the PwC Health Research Institute. That means the pressure is still on insurers and employers (not to mention everyday people who pay out of pocket) to make sure their own costs are kept in check. Urgent care has the chance to play the hero in this scenario by …
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New data from the Centers for Disease Control and Prevention reveal that one out of every five Americans visits a hospital emergency room at least once a year, with California, Florida, Illinois, New York, and Texas accounting for more than a third of all ED visits nationally. The report also reconfirms that most of these patients are adults who are not admitted to the hospital. Of interest to urgent care operators, the national rate for …
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If permitted in your municipality, window decals can enhance the appearance of your center, make your brand visible at eye-level to pedestrians on a city street (important if your signage is near the top of your building), and educate the community as to your various services. For example, there’s an OPTUM Urgent Care location in Plano, TX in the out-lot of a high-traffic SuperTarget store that uses its window decals to market a wide array …
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Physicians and nurses were charged along with business owners after the Department of Justice moved in on scores of clinics that were allegedly involved in fraudulently collecting fees from Medicare and Medicaid. The DOJ says more than 300 people were charged in healthcare fraud schemes involving $900 million in false billings. Sixty suspects were allegedly linked to schemes involving Medicare Part D, which is the fastest-growing component of Medicare, overall. According to court documents, the …
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Add Intermountain Healthcare to the growing list of large healthcare providers that offer patients the chance to connect with a physician from the comfort of their own phone. IHC’s Connect Care will be available 24 hours a day, seven days a week and charge a flat fee of $49. Patients who the provider thinks need to be seen right away will get a referral and not be charged for the virtual visit. IHC operates 31 …
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A new study from PwC’s Health Research Institute is just the latest to show that the convenience offered by retail clinics comes at a steep price. As a result, large employers can expect to see health costs keep growing throughout this year and the next, according to Medical Cost Trend: Behind the Numbers 2017. The “big surprise,” according to the report, is that the biggest increases appear to be coming from basic healthcare that should …
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I do most of my banking online and through the ATM. Recently, though, I needed to conduct business in person at a JPMorganChase branch. I knew the branch closed at 6:00 pm so I broke away from the office, dodged North Dallas traffic, and rushed into the branch at 5:58 pm, sliding in just before they locked the doors. Or did I? When the manager saw me she asked, “Did you rush to get here?” …
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Despite data proving that many emergency rooms are overcrowded, patient volume is down in U.S. hospitals overall, forcing administrators to consider novel business strategies, according to a new report from Frost & Sullivan Transformational Health Team. Basically, patients are looking for outpatient, minimally invasive care—and finding it with “ambulatory care” providers in urgent care clinics, ambulatory surgical centers, and retail locations. Hospitals are responding by considering partnerships and collaborations with such providers. Transformation of the …
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The laws of supply-and-demand have taken a liking to physicians just entering the work force—and the bounty seems especially rich in urgent care. We told you recently that physician shortages have some states offering incentives to draw newly minted docs to their neighborhoods. Now the 2016 Review of Physician and Advanced Practitioner Recruiting Incentives reveals that “starting salaries for both primary care and specialist physicians spiked in the last 12 months.” Of particular interest, urgent …
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There’s a “new, critical stakeholder” with a voice in discussions about healthcare costs—and it’s someone urgent care operators know as well as anyone. A new report from InstaMed says 74% of patients had to pay a bigger share of their healthcare costs in 2015, prompting revenue cycle analysts to look at them more closely as actual “consumers” of services. “Both payers and providers will be challenged to overhaul their payment processes or face lost revenue …
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