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| New page wikitext, after the edit (new_wikitext) | because it provides more structure,[http://www.nflnikejerseysonline.com cheap jerseys usa], benchmarking also lays a solid foundation for establishing procedures, highlighting required action steps, and other elements that are in line with the guidelines. By following the guidelines, your internal controls not only help you stay in compliance with applicable statutes and regulations, they also benefit your practice by increasing efficiencies and reducing errors and optimizing employee performance.Let technology do the hard workOf course, it is one thing to know what you should be doing and quite another to implement it. I still talk to physicians who insist that they just havenve set become much more attainable. Generally, the cost of automating your practice is quickly recouped. One option would be to choose a lower-cost Internet-based solution that doesnt have to deal with re-submitting returned forms several weeks later and the billing black hole that this sometimes can lead to. A practice management system should have all the different requirements of each payer stored and be dynamic so that as requirements change, so does the software. For instance, as of this writing, if you submit a claim for a patient over the age of 100 to Medicaid of California, the software needs to know that currently, the payer will only accept the claim if all dates are in six digit format except in box 19, where an eight digit date is required. Being able to track how actual reimbursement compares to the contracted amount for each payer also simplifies this important aspect of benchmarking.People powerFinally, the one thing that single-minded physicians occasionally forget when implementing a benchmarking system: the success of a practice can depend on its staff. You can't single-handedly be effective at benchmarking without the buy-in of your employees. Sharing the benchmarks of your organization with your employees is also vital to their performance! If they are unclear about what is expected of them, how will they know whether they are doing a good job? Drawing up job descriptions for your seasoned employees may seem unnecessary, but clarifying responsibilities can help tremendously. Explain what you are trying to achieve with benchmarking and how they can help. Share your goals,[http://www.nflnikejerseysonline.com Cheap Jerseys]!Knowledge, no matter what your profession, is power, and keeping your finger on the pulse of your practice is an obvious first step in keeping it healthy both financially and operationally. Being a physician in the twenty-first century may involve some juggling of roles,[http://www.nflnikejerseysfactory.com cheap nfl jerseys authentic], but benchmarking and setting sensible business goals will ultimately reduce the challenges that it presents.About The AuthorSherri Dumford is President and owner of Three Bridges Consulting in Alpharetta, Ga. and serves on the client advisory board of NueMD ,[http://www.nflnikejerseysonline.com cheap nfl jerseys], a provider of medical practice management software<ul>
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| Lines added in edit (added_lines) | because it provides more structure,[http://www.nflnikejerseysonline.com cheap jerseys usa], benchmarking also lays a solid foundation for establishing procedures, highlighting required action steps, and other elements that are in line with the guidelines. By following the guidelines, your internal controls not only help you stay in compliance with applicable statutes and regulations, they also benefit your practice by increasing efficiencies and reducing errors and optimizing employee performance.Let technology do the hard workOf course, it is one thing to know what you should be doing and quite another to implement it. I still talk to physicians who insist that they just havenve set become much more attainable. Generally, the cost of automating your practice is quickly recouped. One option would be to choose a lower-cost Internet-based solution that doesnt have to deal with re-submitting returned forms several weeks later and the billing black hole that this sometimes can lead to. A practice management system should have all the different requirements of each payer stored and be dynamic so that as requirements change, so does the software. For instance, as of this writing, if you submit a claim for a patient over the age of 100 to Medicaid of California, the software needs to know that currently, the payer will only accept the claim if all dates are in six digit format except in box 19, where an eight digit date is required. Being able to track how actual reimbursement compares to the contracted amount for each payer also simplifies this important aspect of benchmarking.People powerFinally, the one thing that single-minded physicians occasionally forget when implementing a benchmarking system: the success of a practice can depend on its staff. You can't single-handedly be effective at benchmarking without the buy-in of your employees. Sharing the benchmarks of your organization with your employees is also vital to their performance! If they are unclear about what is expected of them, how will they know whether they are doing a good job? Drawing up job descriptions for your seasoned employees may seem unnecessary, but clarifying responsibilities can help tremendously. Explain what you are trying to achieve with benchmarking and how they can help. Share your goals,[http://www.nflnikejerseysonline.com Cheap Jerseys]!Knowledge, no matter what your profession, is power, and keeping your finger on the pulse of your practice is an obvious first step in keeping it healthy both financially and operationally. Being a physician in the twenty-first century may involve some juggling of roles,[http://www.nflnikejerseysfactory.com cheap nfl jerseys authentic], but benchmarking and setting sensible business goals will ultimately reduce the challenges that it presents.About The AuthorSherri Dumford is President and owner of Three Bridges Consulting in Alpharetta, Ga. and serves on the client advisory board of NueMD ,[http://www.nflnikejerseysonline.com cheap nfl jerseys], a provider of medical practice management software<ul>
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