More: Finance & Revenue

How Ancillaries Help Both Patients and Providers

What are the benefits and limitations of ancillary services in the primary care setting? Two experts weigh in on how physicians can promote better health outcomes for their patients by implementing these services.

Revenue Integrity in the Time of COVID-19

The COVID-19 pandemic has seriously impacted many independent practices’ revenue. What is “revenue integrity” and how might it help physicians secure their financial future during uncertain times?

Award-Winning Tips to Improve Your Revenue Cycle

For the third consecutive year, Privia Medical Group received the 2018 MAP Award for High Performance in Revenue Cycle, sponsored by the Healthcare Financial Management Association (HFMA). The award celebrates industry leaders that utilize revenue-cycle strategies that measure objectively, apply evidence-based solutions, and perform to the highest standards of both financial results and patient satisfaction. …

Show Me the Money: Five Ways to Improve Your Practice’s Economics

As a busy healthcare provider, you have a lot on your mind. You work long hours. You strive to make the right decisions for your patients. You monitor government regulations and commercial payer shifts. You manage office staff. You try to maintain a reasonable work-life balance. And somewhere in all this, you also need to …

Peak Practice Performance: Revenue Cycle

How can your practice maintain a steady stream of cash month-over-month? In this month’s Peak Practice Performance blog series, we will discuss several key strategies that will assist you in collecting every dollar and saving a penny or two, by investigating how the five areas of performance impact your practice metrics. Last month, we discussed …

Understanding the Volume to Value Transition

By now, you’ve heard about the transition from volume to value in healthcare, but what does it really mean? In this blog, I’ll attempt to explain it in layman’s terms. Value-based Care and the Connection with Population Health Simply put, “value” is defined as better quality for lower cost; an easy concept to grasp, but …

Small Business Ownership and Private Practice: Alike, yet Different

Growing up the son of grocers taught me a lot about running a small business. In my family’s Washington, D.C. mom-and-pop convenience store, generating revenue was usually a straightforward endeavor. I started stocking shelves at the age of five. By my late teens, I was managing the store. I quickly learned that if the distributor …

Peak Practice Performance: Finance

Has your cash flow weakened over the last few quarters?  As we approach the holidays and the end of the year, many practices notice a decline in revenues. Even if your cash flows are good, you may be wondering how your practice can maintain a steady stream of cash month over month. In this Peak Practice Performance …

Physicians, Payers, and Patients: Partnering for Success

Fee-for-service initiated a healthcare system that led to skyrocketing prices, which eventually undercut the ultimate goal of medicine: providing patients with high quality care at the best cost, for the optimal patient outcome. Physicians and payers often feel at odds in their sometimes competing methods of arriving at the same goal of patient well-being. These …



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