Today's physicians many times are left wearing too many hats.
For example they are the nurse, front desk, back office, office manager and medical biller all at the same time.
I like to use the term Dr.
Drowning Don.
This phrase accurately describes how loaded down in paperwork today's Doctors find themselves.
As a Dr.
Drowning Don, they are a Doctors who has been in business for a while but they currently have a biller or office manager who doesn't quite know what they are doing or their biller up and quit and left them a trail of unfiled or denied claims.
Whatever the case, they're the one stuck trying to figure it all out.
They realize that without claims being filed timely and accurately and steady continuous cash flow coming in, overhead expenses cannot be met and their practice will face disastrous financial difficulties.
But they are torn between doing what they love, and being troubled because they just can't do it all.
They're super passionate about what they do and they so badly want to create a successful practice but right now cash flow is an issue for them, one that is creating some stress in their life and sometimes requiring them to work very long hours trying to make the "business" part of their practice work.
They chose a career in medical services because they wanted to help people; however they find themselves inundated with paperwork related to insurance claims, patient billing, and patient records.
They love their patients and their patients LOVE them!But they struggle with the business part or administrative part of their practice.
As you probably know there are two sides to a practice.
There is a "service" side and then there is a "business" side.
The business side is the one they struggle with and frankly I found out that most of them would prefer to not be bothered with the administrative side so they could just focus on what they went to school for, taking care of the patient.
Their primary focus needs to be on streamlining their processes immediately, getting their claims filed within 1 to 5 days to ensure continuous cash flow, and then have a way of monitoring the results! There are three options a doctor can do to free up some of his time.
1.
Hire trained staff 2.
Have documented Clinical and Administrative Procedures 3.
Outsource part of the administrative work.
For example they are the nurse, front desk, back office, office manager and medical biller all at the same time.
I like to use the term Dr.
Drowning Don.
This phrase accurately describes how loaded down in paperwork today's Doctors find themselves.
As a Dr.
Drowning Don, they are a Doctors who has been in business for a while but they currently have a biller or office manager who doesn't quite know what they are doing or their biller up and quit and left them a trail of unfiled or denied claims.
Whatever the case, they're the one stuck trying to figure it all out.
They realize that without claims being filed timely and accurately and steady continuous cash flow coming in, overhead expenses cannot be met and their practice will face disastrous financial difficulties.
But they are torn between doing what they love, and being troubled because they just can't do it all.
They're super passionate about what they do and they so badly want to create a successful practice but right now cash flow is an issue for them, one that is creating some stress in their life and sometimes requiring them to work very long hours trying to make the "business" part of their practice work.
They chose a career in medical services because they wanted to help people; however they find themselves inundated with paperwork related to insurance claims, patient billing, and patient records.
They love their patients and their patients LOVE them!But they struggle with the business part or administrative part of their practice.
As you probably know there are two sides to a practice.
There is a "service" side and then there is a "business" side.
The business side is the one they struggle with and frankly I found out that most of them would prefer to not be bothered with the administrative side so they could just focus on what they went to school for, taking care of the patient.
Their primary focus needs to be on streamlining their processes immediately, getting their claims filed within 1 to 5 days to ensure continuous cash flow, and then have a way of monitoring the results! There are three options a doctor can do to free up some of his time.
1.
Hire trained staff 2.
Have documented Clinical and Administrative Procedures 3.
Outsource part of the administrative work.
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