It’s hurricane season – again! It’s been a few years since we’ve had a major hurricane here in South Florida. Have you and your billing service been lulled back into a false sense of security? Because unless you heed the lessons learned from past disasters, your practice is one power-outage away from thousands of dollars in lost revenues.
True story: Right after Hurricane Wilma struck South Florida in October 2005, one Palm Beach County pediatrician was lucky enough to get his power back just a week after the storm (most of the tri-county area was in the dark for a full two weeks). But the building where his billing service was located had no power and the doors were sealed shut. So the doctor spent a week seeing patients amid chaos and confusion – with no support from his billing service and no real way to reach them.
Since the inception of the modern healthcare industry after WWII, the U.S. has been plagued with a daunting amount of wasteful spending related to healthcare. For the first time, the technology has come of age that truly allows us to change that reality and to take back those wasted healthcare dollars and redeploy them towards real benefits.