Tips for Medical Practice Management

Physicians like orthopedists can adopt effective strategies to boost their practice performance. Orthopedic EHR practice management streamlines communication and builds a rapport between physicians and patients. Improved orthopedic practice management is also conducive to better patient care and clinical decision-making, time-saving, and patient satisfaction.

With the help of these six tips, orthopedists can manage their medical practice and enjoy higher levels of profitability:

1. Adopt Modern Technology

Telemedicine is a modern technology that helps orthopedists interact with remote patients. The need to avoid traveling expenses makes many patients avoid physical clinical visits. Orthopedic telemedicine makes it convenient and affordable for such patients to attend appointments from their remote areas. Decreased ‘no shows’ by patients can help you monitor their recovery and quickly treat their new symptoms. 

The high demand for orthopedic treatments in the U.S. increases competitiveness in the sector. Orthopedic telemedicine can help you offer comprehensive care, which can attract more patients to your clinic. The more patients your orthopedic clinic receives, the more competitive you can become and the more profits you can make.

Telemedicine implementation requires expertise to avoid possible challenges that hinder better practice orthopedic management. Incompatibility, lack of patients’ trust, poor standard regulation, and data breaches can result from poorly implemented orthopedic telehealth.

2. Conduct Regular Audits

Your orthopedic practice must always comply with American medical rules and regulations. A professional healthcare compliance auditor can enlighten you on where your orthopedic practice needs improvement. Knowing your medical practice’s weak areas can help you implement efficient changes for better patient experiences.

Auditing can also identify any mistakes in your orthopedic Current Procedural Terminology (CPT) codes. A medical auditor can identify mistakes like modifier overuse, incorrect hydration code reports, code unbundling, and upcoding. Erred coding can make orthopedic EHR capture inaccurate patient data and process wrong health claims. Medical auditors update expired coding systems and input correct codes.

Auditing can also help you identify possible billing errors like duplicate bills and unbalanced charges. Proactively correcting mistakes in medical billing prevents fraudulent claims, which can damage your reputation as a provider. Comprehensive auditing, quality improvement auditing, random auditing, and hybrid auditing are common approaches that healthcare compliance auditors use.

3. Delegate Tasks to Your Staff

Orthopedic practice can be demanding; you can’t do everything alone. Implementing the art of delegation simplifies most tasks, causing their faster completion. The strategy can sharpen your staff’s work skills and boost their performance and productivity. Delegating responsibilities to your healthcare staff can also build their work morale and trust.

Splitting tasks and delegating them to your team members based on their strengths can ease managerial responsibilities. Analyzing your medical staff’s performance reports can enlighten you about their strengths and weaknesses. You can also interact with them to learn what they love about their medical careers. Communicating effectively with your team members can help them understand the tasks they should handle. Some staff can get challenged by the tasks you give them; be there to offer help whenever needed.

4. Train Your Staff

The medical field involves continually learning and acquiring new skills. You and your staff can enroll in orthopedic-related courses or engage in medical conferences to sharpen your skills. Technical training can also increase your staff’s knowledge about various orthopedic electronic health record (EHR) software providers. Consistent training can increase your staff’s performance and retention rates.

5. Adopt Evidence-based Medicine

Evidence-based medicine involves thorough research to find the best treatment for patients. You should thoroughly analyze patients’ data and preferences to make proper treatment decisions. Analyzing patients’ data and information can help you understand their illnesses better and offer consistent care. Orthopedists should have electronic medical record systems for patients’ data input and organization. Evidence-based medicine reduces treatment expenses by preventing unnecessary screenings, tests, and recurrent hospital admissions.

6. Set Attainable Goals

Achievable goals are great motivators for medical practitioners. Your orthopedic goals should be measurable and bound within a specific time. Attracting more patients, increasing revenue, and satisfying patients are examples of goals to set. Involve your staff in setting your goals and monitoring their outcomes.

Implement an Orthopedic EHR Software

Technology has improved healthcare by promoting accuracy, accessibility, affordability, and efficiency. Orthopedic EHR is an example of healthcare technology that comes with such benefits. The EHR you choose should integrate other orthopedic software like e-billing, telemedicine, and scheduling. Choose an EHR software that can involve patients in your orthopedic practice.