Category: Editorial

5 Strategies to Grow and Retain Your Practice’s Patient Base

Travis Schneider

By Travis Schneider, chief corporate development chair, Tebra.

In a digital-first world, it is more important than ever for physicians to implement strategies that meet patients where they are. To grow and retain a patient base, physicians must implement tools and technologies that set them apart from other practices and physicians online. With the right practice growth software and business strategies, independent practices can quickly execute the best methods to grow and retain their patient base.

Optimize Your Website For Search Engines

When selecting a healthcare provider in today’s digital age, 74.5% of patients turn to the internet. To remain competitive, your practice needs a strong online presence. First, examine and optimize your website by ensuring it is user-friendly and that information like phone numbers, provider information, and addresses are accurate.

Search engines, like Google, are where patients start searching for healthcare information. Ensuring your website features keywords related to the practice and healthcare field can help boost the search engine optimization (SEO) ranking. The higher a practice website ranks, the more visibility the website will have with potential patients using Google to find their next physician.

Another way to optimize a website is by ensuring that the pages of the website are also SEO friendly. This means content on a website should be unique, include links to drive traffic, and have relevant keywords throughout the page content.

Maintain a Great Online Presence

Start by claiming and updating your Google business profile through Google My Business (GMB) to build an excellent online presence. Doing so will ensure prospective patients see the most accurate information about your practices and services. In addition, by displaying various business information in multiple formats, Google makes it easier for patients to find information about your practice without the need to navigate directly to your website.

Like your Google business profile, updating your profile on popular sites like WebMD, Yelp, and Facebook is crucial. All information must be accurate and engaging. For example, include your practice address, hours of operation, key services, and photos or videos showcasing your office and providers. In addition, patients may research potential new doctors; without updated profiles, you risk losing patients.

Take Advantage of Patient Feedback

According to PatientPop’s survey, 74% of patients report that reviews affect their decision-making when selecting a new provider. Having that positive reputation online can make a difference in retaining and growing a patient base as an independent practice.

Physicians should focus specifically on Google reviews, as 69.3% of patients report that they are more likely to rely on Google for authentic patient experiences. One way to encourage online reviews is by implementing patient satisfaction surveys. Additionally, PatientPop, a leader in practice growth technology, data reports state that patients being asked for feedback by their providers immediately after appointments are more than twice as likely to take the initiative of submitting online reviews.

Building an online presence and optimizing the patient experience will help physicians and independent practices retain and grow their patient bases over time. In addition, patients want to ensure they will be taken care of by the physician they choose to seek care from.

Examine the Complete Patient Experience
While it might sound like an obvious patient retention strategy, keeping your patients happy is essential, especially in a busy healthcare practice with many moving parts. Many factors can impact the patient experience at any point in the patient journey, so independent practices must understand the entire patient experience from when they find your practice to post-appointment follow-up.

The patients’ top priorities include a provider who listens, welcoming staff, and a short wait time. Patients will contemplate switching providers for greater convenience, so adding tools to simplify the patient experience is a valuable investment in patient retention.

From online scheduling and digital patient registration and intake to automated appointment reminders and telehealth options, providing simple conveniences can add to a better patient experience — and, ultimately, better patient reviews.

Communicate with Patients Directly

When physicians strengthen the provider-patient connection, it goes a long way in supporting a practice’s growth strategy. And it doesn’t have to be complicated. One easy way to do this is to communicate with patients how they prefer.

Current survey results indicate that 2 out of 3 patients prefer to receive appointment reminders via text message. However, when the questions they have might be more involved—say, questions about you or your staff—nearly one-third prefer a phone call. These statistics show patients prefer human contact and communication when things get complex.

Practices can also take retention communications one step further by implementing email marketing campaigns. These campaigns can be custom-designed to increase patient engagement, provide specific information about health conditions, and share practice updates. By segmenting your patient base through email marketing campaigns, you can deliver targeted, relevant information that matters to patients while also establishing a deeper connection with patients.

Patients have an abundance of healthcare providers to choose from, and with big players like CVS, Walmart, and Amazon entering the landscape, the competition is fierce. As a result, independent practices must prioritize their online presence and patient experience. The ultimate key to success for independent practices is cultivating patient relationships over time.

How Modern Technology Revolutionizes Medicare Buying Process

The COVID pandemic hastened the digitization process of many companies. As people lean towards availing services online, many businesses realize the potential of moving to a digital platform. Doing so made purchasing more convenient for the buyers. The same can also apply to Medicare.

Recent industry articles about fixing the Medicare buying process mention that the Medicare buying system is seriously flawed. It is outdated and in need of serious reform.

Buying a Medicare plan usually takes place over the phone- a traditional agent-to-consumer relationship. However, is this the best way to sell Medicare plans?

Choosing a healthcare policy is complex, mainly because of various choices. A 15- to 30-minute phone call with an incentive-hungry agent would not be enough to cover all the intricacies of choosing a Medicare plan.

How can Digitalization Help in the Medicare Buying Process?

Accenture reports that Americans 65 and over are most likely to have used electronic health records in the last year among health technology users. Moreover, their research also reveals that people are extremely enthusiastic about virtual health and artificial intelligence. It is a wonder that most health insurers still think digital is just for the young.

Clearly, anyone surprised about seniors’ desire for digital health hasn’t been paying attention. Over the past few years, silver surfers have become a force to be reckoned with in the digital world. The healthcare system that does not embrace them as digital health consumers is falling behind its rivals. This consumer segment is experiencing a significant shift, putting these providers even further behind.

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MDaudit Launches Revenue Integrity Suite to Mitigate High-Impact Denial Risk and Prevent Revenue Leakage

MDaudit, the healthcare technology company that harnesses the power of analytics and its proven track record to allow the nation’s premier healthcare organizations to retain revenue and reduce risk, announced today the launch of MDaudit Revenue Integrity Suite which brings fully integrated risk capabilities and supporting workflows together on a single platform.

The only end-to-end denials analytics technology designed to pre-emptively protect against revenue leakage by identifying and resolving systemic risks based on historical data and applied insights, MDaudit Revenue Integrity Suite proactively addresses the issues that lead to costly inpatient and outpatient claim denials.

NPC Creative Services, Thursday, August 25, 2022, Press release picture

 

“Up to 80% of denial dollars can be traced back to just 20% of denied claims – denials that are rooted in systemic issues that MDaudit Revenue Integrity Suite eradicates with a unique blend of retrospective diagnostics and predictive analytics,” said Peter Butler, president and CEO, MDaudit. “This is not just another in the industry’s long line of software that does little more than highlight coding inaccuracies without identifying the cause of denials. Rather, MDaudit Revenue Integrity Suite creates a closed-loop feedback process between insights, action, and outcomes to manage high-impact denials, making it a powerful vehicle for driving improved overall revenues.

Powered by sophisticated analytics, augmented intelligence, and expertise in providing proven revenue cycle management services and solutions to the nation’s leading healthcare provider organizations, Revenue Integrity Suite is the latest offering from MDaudit that delivers industry-leading innovation to improve outcomes through actionable analytics and empower healthcare organizations to achieve unparalleled efficiency, reduce compliance risk, and retain more revenue. MDaudit technology delivers powerful workflow automation, risk monitoring, and built-in analytics and benchmarking capabilities – all in a single integrated cloud-based platform.

MDaudit Revenue Integrity Suite gleans insights from historical data and applies them proactively to address potential denials for reasons that are either medical necessity, pricing, or treatment-related, including specialty drug and durable medical equipment (DME) utilization, thereby resolving the issues that cause high-dollar hospital claims to be denied. It features a powerful analytics engine that proactively identifies financial and clinical issues with high-value services as they are seen by payers, reducing the costliest denials and payment delays, and improving revenue and days in A/R.

By identifying, prioritizing, and addressing denial risks that have the greatest financial cost, MDaudit Revenue Integrity Suite optimizes and targets internal resources for maximum impact. It also:

“In today’s macro-economic environment, healthcare organizations are necessarily hyper-focused on achieving sustainable revenue and profitability,” said MDaudit COO Ritesh Ramesh. “Their needs drive MDaudit’s continuous search for technology-enabled approaches to ensure these organizations can keep the revenue they earn with greater predictability and less risk.”

He continues: “MDaudit Revenue Integrity Suite tackles this critical problem with an innovative, data-driven, and cross-functional approach that exceeds the capabilities and ROI of the traditional solutions in this space.”

To learn more about the Revenue Integrity Suite, visit http://www.mdaudit.com/revenue-integrity-suite/.

Healthcare Mobile Application Development: Main Types of Medical Apps and Tips for Creating

The horizon of healthcare mobile application development is expanding through limitless boundaries after the world hits the massive pandemic. Even though it’s the era of tech evolution, healthcare mobile application development has followed an impactful drift. Following the link, you can find the most detailed article by Topflight Apps on this topic.

If you’re curious to dwell on the running subject and know how to build a medical app, here’s something fascinating for you:

Why is Healthcare Mobile App Development Necessary? 

The attainable fitness goals and a patient-centered healthcare approach are the two main reasons compelling the developers to build healthcare applications.

The benefits of adhering health care services to mobile applications are numerous, whereas a few are discussed below:

Types of Healthcare Mobile Applications – User-Based Classification

If you’re searching for tried and tested ways how to create a health app, then make sure you’re entitled to any of these types:

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LinkedIn Tip: What Healthcare Professionals Should Know

LinkedIn is a real asset for health professionals, especially in the post-COVID-19 period. It is an excellent commercial lever for companies, particularly those in the health sector. You should create the perfect LinkedIn profile to stand out.

If you don’t know how to go about this, there are different companies specializing in writing linkedin profiles that you can hire and have yours perfectly crafted. To craft the perfect profile, it is more beneficial to know each LinkedIn tip and how to use this social network correctly. So let’s take a look at some specifics together.

Is LinkedIn still an essential network for healthcare professionals?

This professional social network is still essential for healthcare players and their marketing strategies. First, the professional page on LinkedIn now serves as a showcase for companies. Users should find all the most important information there.

LinkedIn also allows marketers to effectively promote content where professional exchanges are encouraged. For health professionals and industrialists, it is interesting to share articles concerning the medical field and to target professionals in this sector.

LinkedIn tip to improve your professional page

Optimizing your professional page to showcase your business has become a necessity. This must be just as neat as the website because aesthetics and clarity are vital points. Nowadays, your LinkedIn account can be a guarantee of your image. It must be attractive while remaining professional. However, do not forget to respect the ethics of health professionals because this sector has many standards and regulations.

LinkedIn tip: for the practical side, we have listed a few points to take into account to optimize your company page:

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Diminishing Patient Privacy Dangers From The Increased Reliance On Telehealth

The convenience of telehealth, both for the medical professional and the patient, is a strength that can’t be overstated. Telehealth, or telemedicine, empowers patients to have better access to quality care at more affordable prices. As a result, telehealth and telemedicine have seen a sharp increase in use and popularity over the past few years. 

There are many explanations as to why that uptick has occurred, from the practice becoming routine during the pandemic, an increase in access to more technology, and a demand for more convenient, affordable healthcare.

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Using Technology To Improve Clinical Staff Retention

Free Positive male doctor in blue uniform with hands in pockets smiling and looking at camera while standing near nurse holding hands behind back in hospital Stock Photo

Practitioners and hospital administrators understand the need to retain staff and reduce turnover rates. According to a 2016 study published in Frontiers in Psychology, a reduction in staff density harms the quality of treatment and other services needed by psychiatric patients. This is also true in other practice areas where staff turnovers can have a direct impact on the continuity of care.

Using the right methods for retaining clinical staff can help enhance efficiency and improve patient experiences and outcomes in the long run. Not only that, clinics and hospitals will also need to lean on new technologies that can ease workloads, improve career prospects, and create a better and safer work environment for staff. If you are a healthcare provider looking to retain quality staff members in your practice or institution, then you should invest in the following tools:

Practice Management Software

Healthcare providers know better than to rely on traditional principles when it comes to managing patient and staff workflows. As the demand for quality healthcare keeps increasing, it has become essential for doctors and hospitals to adopt practice management software for delegating tasks, improving collaboration, and ensuring safe access to critical data.

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Modern Technology: A Transformation of Drug Research

Technology has revolutionized almost every aspect of life and the pharmaceutical industry doesn’t stay untouched. Between 2010 and 2019, the development and approval of the new drug for sales increased by 60 percent and technology played a huge role in achieving these statistics. Today, all pharmaceutical companies form strategic partnerships with well-equipped and technology-updated CMO biologics services. Let’s see how technology has made drug research and discovery easier and smooth over the years.

1.   Improved Medical Research

Modern technology has made medical research easier due to various specialized software, automated machines and tools that have made it easier for the researchers to conduct medical experiments which ultimately adds to medical knowledge of diseases and the requirements of appropriate drugs. Pharmaceutical companies build on medical researchers to conduct the experiments required to develop new drugs. Medical research gives an anchor to drug research by telling where to look for it.

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