More: Finance & Revenue

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 …

Four Myths About Independent Physicians, Debunked

According to a recently issued American Medical Association study, the number of independent doctors has declined in the period between 2012 to 2016, leaving fewer than 47.1% of physicians with ownership stakes in a medical practice. Yet, in a recently issued survey conducted by Medscape, market analysts say they expect private practices will remain a …

Prior Authorizations: How to Manage this Hidden Healthcare Cost

Administrative burdens — tasks mandated by commercial and government insurers — overwhelm the healthcare system on a daily basis and are just one aspect of what ails our troubled healthcare system. One such task, experienced by nearly every stakeholder in the delivery of healthcare (including the patient), is managing prior authorization requests required by most …

Does Your Practice’s Website Need an Upgrade? Top Tips for Creating a Mobile-Friendly Provider Website

Privia Medical Group recently launched our new website, PriviaMedicalGroup.com, with a streamlined look and feel to make it easily navigable for our 4 million patients. Patients want convenience and ease of use when they seek to find a doctor, book an appointment, have their questions answered, and manage their care, so Privia’s digital team kept …

Revenue Cycle Success: A Case Study in Patient Financial Communications Strategy

For the second year in a row, Privia has been named a recipient of the Healthcare Financial Management Association (HFMA) MAP Award for High Performance in Revenue Cycle. This honor confirms what Privia physicians already knew; that our physician group is extremely innovative and effective in the area of revenue cycle performance. HFMA MAP Award …

The Rundown | Week of 4.3.2017

Healthcare is a rapidly evolving industry – it’s difficult to read up on everything that matters to you. But the success of your practice can depend on how knowledgeable you are about changes in the healthcare landscape. Privia has compiled a weekly list of important articles we are reading on healthcare industry trends, clinical best …

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