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Medical Economics Insider: Save your practice

Check out our inaugural edition of our interactive publication, featuring in-depth reporting, expert insights, exclusive data, and more!

Medical Economics Insider: Save your practice


The American Academy of Professional Coders, which in April released a five-year training plan to prepare coders and physicians for ICD-10, recommends all practices start analyzing how the expanded code sets will affect them, but small practices should not begin training until at least six months prior to implementation.

If you're looking to increase your patient base, there's a lot you and your staff can do to make first-timers feel welcome and ease their integration into your practice.

Replace the E&M documentation-based payment system with a system that rewards service and value, results in sparser and more useful documentation, and eliminates unnecessary complexity and burden.

More than half of all non-referred visits to specialists are for routine or preventive care that likely could have been managed by the patient's primary care physician, according to a recent study.

Practices that aspire to become medical homes are required to set self-and evidence-based standards for access, communication and clinical care, create and document team-based strategies for achieving these standards, and document movement toward achieving standards.

While leaders of the AMA, AAFP, and American College of Physicians all support Obama's goals and what he's done so far, no one is underestimating the tremendous political hurdles-or the potential for opposition from segments of the physician community.