CareCloud http://www.carecloud.com Fri, 24 Oct 2014 15:58:55 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.1 CareCloud Gears Up for Another Great Year at the MGMA Conference http://www.carecloud.com/blog/carecloud-gears-another-great-year-mgma-conference/ http://www.carecloud.com/blog/carecloud-gears-another-great-year-mgma-conference/#comments Fri, 24 Oct 2014 15:58:55 +0000 http://www.carecloud.com/?p=15080 Heading to the Medical Group Management Association 2014 Annual Conference in Las Vegas? Don’t gamble with your time. Plan ahead — it’s easy to get overwhelmed while you’re at MGMA2014 (it’s Vegas, after all).  To help, we took a look through the MGMA14 Preview. Highlights of the conference, which runs October 26th – 29th, include: […]

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Heading to the Medical Group Management Association 2014 Annual Conference in Las Vegas?

Don’t gamble with your time. Plan ahead — it’s easy to get overwhelmed while you’re at MGMA2014 (it’s Vegas, after all).  To help, we took a look through the MGMA14 Preview.

Highlights of the conference, which runs October 26th – 29th, include:

Keynote Presentations

“Game Plan for Success” – a primer on personal and professional achievement and inspiration, presented by Lou Holtz, legendary Hall of Fame football coach. Sunday October 26/3:00‑4:30 PM

“The 15 Invaluable Laws of Growth” – personal growth strategies and the benefits will be outlined by John. C. Maxwell, founder of the John Maxwell Company. Monday October 27/7:45-9:15 AM

“Restoring Humanity to Healthcare: The Key to Driving Loyalty and Growth” – M. Bridget Duffy, MD, Chief Medical Officer at Vocera Communications, will address humanizing healthcare; engaging physicians; and optimizing patient experience to boost financial performance. Tuesday October 28/4:00-5:15 PM

“The Happiness Advantage: Linking Positive Brains to Performance” – Simple habits that can rewire your brain for happiness and promote greater on-the-job success will be outlined by Shawn Achor, best-selling author and GoodThink psychology researcher. Wednesday October 29/10:00-11:30 AM

Still undecided? Read more details about the Keynote Presentations.

The Latest Industry Innovations

The MGMA exhibit hall will feature more than 300 exhibitors, a new exhibitor showcase, a product connect tour and more. The exhibit floor is open Sunday, October 26, 4:30 PM-6:30 PM and Monday and Tuesday from 9:00 AM-2:00 PM.

Be sure to look for CareCloud at Booth #315. Stop by, say hi and learn more. Look for our two-story booth on the main aisle. Here’s the MGMA exhibit floor map.

“Best Practices for ICD-10 Success” 

Plan to attend the educational session “Best Practices for ICD-10 Success” on Tuesday October 28/1:30-2:30 PM (Room N239). In addition to tips for a successful transition to ICD-10, effective long-term strategies to optimize practice efficiency post-ICD-10 will be presented by Albert Santalo, CareCloud Chairman and CEO and Alyson Tiedeman, Director of Practice Management for South Florida Medicine.

Specific Content Areas

MGMA narrows down sessions by areas of interest. Choices we like include:

Innovation

Making Your Data Work for You, Monday October 27/10:45 – 11:15 AM

Utilizing Kiosks in Your Practice, Monday October 27/11:30-12:00 PM

Activating Patients with Mobile Health, Wednesday October 29/8:45-9:45 AM

Optimizing Technology

Optimizing Your EMR to Improve Physician Productivity, Monday October 27/10:15 – 11:15 AM

30 Tech Tips in 30 Minutes, Monday October 27/11:30-12:00 PM

10 Apps for Practice Improvement, Wednesday October 29/8:00-8:30 AM

Social Events 

Although the MGMA conference provides some serious learning opportunities, don’t forget to have some fun networking with colleagues while you’re in Las Vegas. Options include:

Opening Reception in the Exhibit Hall – Sunday October 26/4:30-6:30 PM

Specialty Specific Networking Receptions – Monday October 27/5:00-6:00 PM

Networking Reception – Tuesday October 28/5:30-6:30 PM

Social Media Insight 

In addition to announcing and finding out the latest MGMA conference goings on using #mgma14 on twitter, check out these sessions of possible interest:

Social Media and Defining your Online Reputation, Monday October 27/2:00-3:45 PM

Advancing Your Social Media Strategy, Monday October 27/10:15-11:15 AM

Follow the CareCloud MGMA experience at @CareCloud on twitter and Facebook for the latest updates. Also stop by Booth #315 to sign up for a special CareCloud offer for MGMA 2014 attendees.

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Harnessing Beautiful Web Design to Better Engage Medical Providers http://www.carecloud.com/blog/harnessing-beautiful-design-better-engage-medical-providers/ http://www.carecloud.com/blog/harnessing-beautiful-design-better-engage-medical-providers/#comments Thu, 16 Oct 2014 13:41:44 +0000 http://www.carecloud.com/?p=15046 Recently CareCloud launched its newly designed corporate website, CareCloud.com, to drive better interaction with medical providers looking for information on the Company’s cloud-based products, as well as overall communication of its brand. CareCloud.com features a new innovative design that makes it easier for medical providers to find the information and industry insight they need to […]

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Recently CareCloud launched its newly designed corporate website, CareCloud.com, to drive better interaction with medical providers looking for information on the Company’s cloud-based products, as well as overall communication of its brand. CareCloud.com features a new innovative design that makes it easier for medical providers to find the information and industry insight they need to streamline their medical practices and boost profitability.

How can innovative web design facilitate all this? The CareCloud Blog spoke with Mike Cuesta, CareCloud’s Director of Design & Community, to find out.

Q: Can you explain the main new features from a mobile perspective for CareCloud’s new website?

A: The whole world is moving towards mobile.  Physicians, medical professionals and healthcare leaders alike look to their smartphones more and more as a primary means to do industry research and learn about the best new technology platforms leading healthcare organizations adopt to improve their business.

We really didn’t want the mobile experience to be a watered-down version of what you see on a larger screen, so we focused a lot of our initial effort designing for a smaller form factor first. Then we scaled the design up, so the same content looks just as great on a desktop. Constraints like limited screen size make the design process better because it pushes everyone on the team to seek creative solutions.

Q: How does the site design reflect the incredible growth of CareCloud and the importance of content to explain where the company is today and quickly heading in the near future?

A: In an amazingly short period, cloud computing has evolved from a powerful vision of how software should be deployed to a staple for how market leaders in every industry think about delivering software and systems that enable rapid innovation and productivity improvement.  With that, our team set out to illustrate how we not only help thousands of small independent practices today, but how our modern cloud platform is uniquely suited to solve some of the biggest challenges larger healthcare enterprises face as well. More importantly, we didn’t want to just say it — we wanted to show it. This is why so much of the content focuses on our product and customers.

Q: The website has a unique look and flow compared to traditional healthcare IT companies. What new industry best practices from a design standpoint did you leverage?

A: We rely heavily on data to drive our design decisions.  So past user behavior influenced a lot of the way we wanted users to navigate through the site.

We also needed to lay a foundation that would allow us to evolve the site quickly. To achieve this, we developed a modular design architecture that lets us build any page using a system of components. This lets anyone on the marketing team to build, optimize and deploy highly-polished content without having to rely on a web designer or developer.

Q: CareCloud’s system is known for beautiful design and usability – how did you translate this into the design of the website and its overall branding?

A: Maintaining a modern design aesthetic that truly resonates with your core audience is a process of constant evolution for any technology company. We use an agile, incremental approach rather than waiting for our brand to grow stale. This helps us avoid the need for a large, expensive rebranding effort.

We’ve spent the past year or so really cleaning up our look and simply shedding whatever we felt wasn’t necessary. We ended up with a look and feel we’re really happy with, and the feedback we’ve received so far has been really great.

For more on cutting-edge web design, follow Mike Cuesta on Twitter: @MikeCuesta

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Haven’t Attested for Meaningful Use? There’s Still an Option to Avoid 2015 Medicare Payment Cuts http://www.carecloud.com/blog/havent-attested-meaningful-use-theres-still-option-avoid-2015-medicare-payment-cuts/ http://www.carecloud.com/blog/havent-attested-meaningful-use-theres-still-option-avoid-2015-medicare-payment-cuts/#comments Tue, 14 Oct 2014 13:52:35 +0000 http://www.carecloud.com/?p=15035 We know you’re busy addressing the multiple challenges medical practices face — treating patients, managing medical billing, maintaining practice profitability, and more — all within the limited number of hours in your day. If other priorities took precedence and you still have not attested for Meaningful Use, you’re not alone. We hear that a number […]

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We know you’re busy addressing the multiple challenges medical practices face — treating patients, managing medical billing, maintaining practice profitability, and more — all within the limited number of hours in your day.

If other priorities took precedence and you still have not attested for Meaningful Use, you’re not alone. We hear that a number of eligible providers did not meet the October 1, 2014 deadline for Stage 1 Meaningful Use/Year 1.

The top question doctors are asking is:

What does not attesting mean for physician practices in terms of Meaningful Use penalties and incentives? 

The good news is the Centers for Medicare & Medicaid Services just reopened the Hardship Exception option for 2014 Certification with a new deadline of November 30, 2014. This means you still may have an opportunity to avoid cuts to your 2015 Medicare payments. You can start the process online by completing the 4-page 2015 Hardship Exception Application.

‘Payment Adjustments’ Could Accumulate

If CMS does not accept your exception, at this point your practice could face financial consequences starting January 1, 2015. CMS outlines the Meaningful Use penalties (they call them ‘payment adjustments’) for Medicare eligible professionals.  

If you’re a Medicare eligible provider and missed 2014 attestation for Stage 1/Year 1, CMS plans to withhold a portion of your Medicare physician fee schedule (PFS) each year. A 1% – 2% decrease in 2015 could accumulate going forward, with a CMS penalty schedule that withholds up to 5% of PFS each year starting in 2019.

Interestingly, precise percentages depend on whether or not 75% of your eligible professional peers successfully become Meaningful Users.

(If you’re a Medicaid eligible provider who can only participate in the Medicaid EHR Incentive Program and do not bill Medicare, you’re not subject to these payment adjustments, CMS says).

“Is Medicare/CMS going to penalize 60% of physicians is the main question,” said Mark R. Anderson, FHIMSS, CPHIMS and CEO of AC Group, Inc., a healthcare technology advisory and research firm. Approximately 267,000 physicians have successfully attested to Stage 1 so far, he explained. “This is only about 40% of physicians.”

This makes it more likely CMS will reduce Medicare payments based on their proposed payment adjustment with fewer than 75% of physicians attesting for Meaningful Use.

Outside achieving a year 1 hardship exception, “If you have not stated MU stage 1 yet, it is too late for 2014,” Mr. Anderson told CareCloud.

Easier Attesting Through Technology

Electronic health record systems certified for Meaningful Use can make attesting easier. Currently, CareCloud is one of a limited number of vendors with an EHR certified for 2014 Meaningful Use. See a demo at www.carecloud.com/charts and find out if this is the right solution for your practice.

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Sharing the Cloud Experience — An Evening in Photos http://www.carecloud.com/blog/sharing-cloud-experience-evening-photos/ http://www.carecloud.com/blog/sharing-cloud-experience-evening-photos/#comments Wed, 08 Oct 2014 21:07:32 +0000 http://www.carecloud.com/?p=14999   CareCloud puts people first, from the end-user driven design of our practice management and revenue cycle management solutions to the fun events we hold for our employees, clients and prospective customers. Our first ‘Cloud Experience’ event in Miami was no exception.   A memorable evening. Part education, part client appreciation and all elegant, we […]

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CareCloud puts people first, from the end-user driven design of our practice management and revenue cycle management solutions to the fun events we hold for our employees, clients and prospective customers. Our first ‘Cloud Experience’ event in Miami was no exception.  

A memorable evening. Part education, part client appreciation and all elegant, we hosted this interactive and informative evening at the Epic Hotel in downtown Miami on October 2, 2014. We enjoyed connecting with current and future clients and showing off our powerful, beautifully designed products in an informal and fun setting.

Lee A. Horner, CareCloud Chief Sales Officer, highlights … [Lucy – what did Lee talk about in a sentence or two?]

Lee A. Horner, CareCloud Chief Sales Officer, welcomed invited attendees and guests to the Cloud Experience event.

 

Attendees enjoyed signature cocktails, the Mashtini Bar (different mashed potatoes topped with choice of meats and cheeses, served in a martini glass) and interaction with prominent physicians and health industry thought leaders.

Attendees enjoyed signature cocktails, the Mashtini Bar (different mashed potatoes topped with choice of meats and cheeses, served in a martini glass) and interaction with prominent physicians and health industry thought leaders.

 

One of the evening’s highlights was a Q&A hosted by Joseph Sawyer, CareCloud Vice President of Marketing. Alyson Tiedeman of South Florida Medicine (center) and Tere Salazar-Krauss, practice manager from Salazar, Santiago, Villegas, Sabates & Cabral, P.A. (right), shared their experiences using CareCloud.

One of the evening’s highlights was a Q&A hosted by Joseph Sawyer, CareCloud Vice President of Marketing. Alyson Tiedeman of South Florida Medicine (center) and Tere Salazar-Krauss, practice manager from Salazar, Santiago, Villegas, Sabates & Cabral, P.A. (right), shared their experiences using CareCloud.

 

CareCloud Director of Sales Juan Molina demonstrates the innovative features of our system to attendees eager to learn more about our cloud-based solutions.

CareCloud Director of Sales Juan Molina demonstrates the innovative features of our system to attendees eager to learn more about our cloud-based solutions.

 

A special thanks to all our clients and guests for making this a fun and memorable evening. Photos courtesy Ella Arie.

A special thanks to all our clients and guests for making this a fun and memorable evening. Photos courtesy Ella Arie.

We hope this will be the first of many opportunities to share the Cloud Experience going forward.

Want to meet the CareCloud team in person? Check out our events page

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EHR Investment Can Pay Off in 10 Months http://www.carecloud.com/blog/ehr-investment-can-pay-10-months/ http://www.carecloud.com/blog/ehr-investment-can-pay-10-months/#comments Mon, 06 Oct 2014 23:39:37 +0000 http://www.carecloud.com/?p=14957 Primary care practices moving from paper to electronic health records can see a positive return on investment in 10 months on average, according to a new study from McGill University researchers. Adopting a shiny new EHR is not enough, however. It’s how a practice uses the technology to improve workflow and processes that makes a […]

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Primary care practices moving from paper to electronic health records can see a positive return on investment in 10 months on average, according to a new study from McGill University researchers.

Adopting a shiny new EHR is not enough, however. It’s how a practice uses the technology to improve workflow and processes that makes a difference, Yeona Jang, MSc, MBA, PhD and colleagues report.

“A clinic’s ability to embed particular EHR functionalities in their workflow and make use of these functionalities in their day-to-day clinical practices” was associated with realizing a positive ROI, the authors wrote.

After adopting an EHR, practices saw an increase in:

* Number of active patients

* Active-patients-to-clinician-full-time-equivalent (FTE) ratio

* Clinic net revenue 

In fact, all but one of the 17 participating clinics reported a positive net revenue effect. See the complete findings in the September 29, 2014 JMIR Medical Informatics.

Other findings present a more mixed bag when it comes to return on EHR investment. University of Michigan researchers estimated 41 percent of 49 community practices participating in a 2013 study would see a positive ROI – helped by Meaningful Use incentives – from their EHR adoption.

CareCloud asked Julia Adler-Milstein, PhD, lead author of the Michigan paper, about differences between the studies. The comparatively smaller number of practices in the McGill study could mean over-representation of those with good data, management and behaviors that increase ROI, she said.

Both research teams agree there is an opportunity for EHRs to have a positive impact on the bottom line.

The McGill researchers write, “This study provides evidence to practitioners in primary care that investment in EHR can be a sound decision with a reasonable cost recovery time frame, while providing immediate opportunities for increased operational efficiency and the potential for further improvements in clinic performance and benefits realization from EHR.”

Read the CareCloud free report Improving the ROI of your EHR: 3 Keys for Success for more strategies to optimize your practice’s positive financial outcome following EHR implementation. 

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How Modern EHRs Deliver on AMA’s New Priorities http://www.carecloud.com/blog/modern-ehrs-deliver-amas-new-priorities/ http://www.carecloud.com/blog/modern-ehrs-deliver-amas-new-priorities/#comments Wed, 01 Oct 2014 21:58:02 +0000 http://www.carecloud.com/?p=14942 EHR usability should be goal #1, according to the American Medical Association. Electronic health records add value to the U.S. health care system, according to a new AMA report, but all too often their interface and design impede effective collaboration and patient care: “Adoption and effective use of EHRs has been slow … in large […]

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EHR usability should be goal #1, according to the American Medical Association.

Electronic health records add value to the U.S. health care system, according to a new AMA report, but all too often their interface and design impede effective collaboration and patient care:

“Adoption and effective use of EHRs has been slow … in large part due to shortcomings with early generation EHRs that were, and frequently remain, poorly optimized to support efficient and effective clinical work provided by physicians and other clinicians.”

AMA solutions include EHRs that:

* Enhance physicians’ ability to provide high-quality patient care. EHRs that demand a lot of physician attention detract from patient interaction time, the AMA states. Priorities include EHR software with User-Centered Design “to meet the cognitive and workflow needs of physicians.” The association also calls for EHRs that fit seamlessly into a medical practice and work well in different clinical settings.

* Offer product modularity and configurability. Electronic health records are not always configured to work in physician practices of different sizes, specialties and settings, the AMA notes. Customizable, flexible health IT that physicians can easily align to match their workflow and patient populations is needed.

* Facilitate digital and mobile patient engagement. Many current EHR systems do not help practices earn Stage 2 Meaningful Use incentives by engaging patients digitally. For this reason, EHRs that support patient portal interactions are another priority, the AMA states.

An Advisory Committee developed the AMA report based on feedback from 30 physician practices in 6 states participating in a RAND Corporation study.

Find out how CareCloud’s cloud-based EHR already incorporates many of these doctor-centric priorities using online health records solutions. For example, CareCloud Charts cloud-based EHR works seamlessly with the Community mobile patient portal.

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5 Smart Strategies to Rev Up Practice Profitability http://www.carecloud.com/blog/5-smart-strategies-rev-practice-profitability/ http://www.carecloud.com/blog/5-smart-strategies-rev-practice-profitability/#comments Fri, 26 Sep 2014 22:04:24 +0000 http://www.carecloud.com/?p=14908 Our new “Complete Guide to Practice Profitability” eBook includes 5 essential strategies medical practices can adopt to bolster profitability in the face of considerable challenges, now and in the future. Expert tactics include: #1: Benchmark your practice. Do a practice examination (PE) and compare your operational and financial health with 5,000+ physicians participating in the […]

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Our new “Complete Guide to Practice Profitability” eBook includes 5 essential strategies medical practices can adopt to bolster profitability in the face of considerable challenges, now and in the future.

Expert tactics include:

#1: Benchmark your practice. Do a practice examination (PE) and compare your operational and financial health with 5,000+ physicians participating in the second annual Practice Profitability Index. Are you part of the 19% with a positive outlook on profitability? Or the 30% who expect things to stay about the same? Unsure? (You’re not alone — that’s 12%).

#2: Discover the ‘trifecta’ of best practices for gaining the greatest potential ROI from an EHR. Find out what factors to consider when choosing an EHR to enhance profitability. Multiple capabilities, seamless integration with practice management, and technology that obviates on-site server maintenance and related fees are just a few examples.

#3: Maximize Meaningful Use payments.  Make sure your practice doesn’t make a misstep on attesting for Meaningful Use, one that could cost you important incentive payments. The eBook identifies two important areas where physicians and staff should pay particular attention to ensure the best chances for accurate attesting.  

#4: Focus on the 5 must-track metrics for practice profitability. Less can mean more. Avoid getting lost in an avalanche of practice data reports and focus instead on 5 metrics that matter for optimal reimbursement, revenue and profitability. Tracking these 5 numbers against historic and industry benchmarks can also provide important insight into the financial health of a medical practice. Find out which “key performance indicators” are most critical. 

# 5: Consider a case study in success. Find out what happened when an office manager moved her medical practice to modern software and shifted revenue cycle management to a team of experts. (Hint: collections jumped almost immediately.)

Download the “Complete Guide to Practice Profitability” eBook for more specifics on using these strategies and others to boost your potential for profitability. Gain the insight you need to keep a medical practice thriving and efficient in the face of current and future challenges.

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Gastroenterology Practices: 3 Signs You Could Be Earning More http://www.carecloud.com/blog/gastroenterology-practices-3-signs-earning/ http://www.carecloud.com/blog/gastroenterology-practices-3-signs-earning/#comments Wed, 24 Sep 2014 21:49:54 +0000 http://www.carecloud.com/?p=14876 You’re dealing with all the acute challenges of gastroenterology practice — declining reimbursements, patient scheduling across care sites, and ever-increasing demands on your time — leaving you little time to focus on your practice’s immediate and long-term profitability. Consider the following 3 signs you may be missing opportunities to raise profitability, revealed in a new […]

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You’re dealing with all the acute challenges of gastroenterology practice — declining reimbursements, patient scheduling across care sites, and ever-increasing demands on your time — leaving you little time to focus on your practice’s immediate and long-term profitability.

Consider the following 3 signs you may be missing opportunities to raise profitability, revealed in a new CareCloud report:

#1 – Your gastro practice is not diversified

If you’re not increasing your scope of practice, you might be leaving some important financial opportunities behind. More than one third of private practice gastroenterologists raise total revenue potential through ancillary services, according to the 2014 Medscape Gastroenterologist Compensation Report. Ambulatory surgical services, in-house infusion, lab work, and imaging services are prime examples. 

#2 – You’re doing all the work

Trying to handle all of your practice’s critical but burdensome administrative tasks in-house can mean sacrificing time and profitability. Outsourcing key revenue cycle management (RCM) steps, for example, can help you free up your staff to tend to other essential responsibilities. Also, re-assigning RCM to an expert team can mean financial benefits — boosting first-pass resolution rates and reducing lost revenue from unanswered or denied claims.

#3 – You need to update your software 

Feel like you’re working around the quirks of the practice management software you’ve had for years? Gastroenterologists who move to modern, cloud-based solutions can see multiple benefits:

* Greater mastery of complex reimbursement rules

* Faster medical billing

* More claims paid the first time around

Staying with a gastroenterology software vendor for billing that’s going to stick you with the bill for ICD-10 upgrades could cost you.

Get our 4 Ways Gastroenterology Practices Can Boost Profitability report to learn more about key strategies to boost revenue, as well as the biggest move your practice can make to cut costs.

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3 Tips for Forming a Successful Mega Group http://www.carecloud.com/blog/3-tips-forming-successful-mega-group/ http://www.carecloud.com/blog/3-tips-forming-successful-mega-group/#comments Fri, 19 Sep 2014 19:19:23 +0000 http://www.carecloud.com/?p=14871 The many financial challenges of remaining independent are all too familiar to private practice physicians. Decreasing reimbursement, increasing costs, navigating ongoing healthcare reform are the top threats to profitability reported in the 2014 Practice Profitability Index. This national survey also revealed that 39% of 5,000+ participating physicians predict eroding profits in the year ahead, and nearly […]

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The many financial challenges of remaining independent are all too familiar to private practice physicians. Decreasing reimbursement, increasing costs, navigating ongoing healthcare reform are the top threats to profitability reported in the 2014 Practice Profitability Index.

This national survey also revealed that 39% of 5,000+ participating physicians predict eroding profits in the year ahead, and nearly 1 in 4 respondents (24%) say they would consider selling their private medical practice.

However, more than half of physicians want to stay independent, the question is: how? For many practices, banding together as a mega group is the right tactic to boost profits, buck the trend toward hospital employment and to remain independent for years to come.

Advantages of Mega Groups

Bringing a diverse group of private practices together under one tax ID number can yield distinct benefits, including:

* Greater leverage for negotiating contracts with insurance companies

* Expansion or creation of profitable ancillary services

* Broader and deeper clinical services for patients

3 Keys to Mega Group Success

However, establishing a mega group practice model is not without its challenges. “The Power of Many: How Physicians Use Technology to Bring a Mega Group to Life” is a free report that outlines detailed strategies to overcome common hurdles, including:

* Forming a Mega Group around commonalities (core specialties, geography, etc.) to foster collaboration.

* Remaining transparent on all money matters by using modern technology to capture, analyze and share financial data among all practices.

* Choosing clear and effective leadership to set and champion mega group goals.

Lessons Learned & Best Practices Shared

A practice with more than 100 physicians in more than 50 locations, South Florida Medicine formed a successful Mega Group. They credit their success, in part, to technology — adopting a modern, cloud-based practice management system to centralize all payment and claims posting, as explained in a HIStalk Practice Q&A with Alyson Tiedeman, Director of Practice Management.

Download the white paper “The Power of Many: How Physicians Use Technology to Bring a Mega Group to Life” to find out how South Florida Medicine uses technology to strike a balance between centralizing functions and allowing practices to maintain a sense of independence. Discover more effective tactics for forming a Mega Group and how to leverage the advantages of modern, flexible health IT to increase your chances for success.

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Technology Drives Innovation in Health Care Across South Florida and Beyond http://www.carecloud.com/blog/technology-drives-innovation-health-care-across-south-florida-beyond/ http://www.carecloud.com/blog/technology-drives-innovation-health-care-across-south-florida-beyond/#comments Tue, 16 Sep 2014 17:49:28 +0000 http://www.carecloud.com/?p=14839   South Florida continues to grow as a hub for health care technology. This is creating a community of entrepreneurs poised to improve physician decision-making, patient engagement, business profitability and more for years to come. Pictured (left to right): Daniel Cane, Maxine Martell, Nick Zaffiris and Carlos Migoya. Photo courtesy Gabriela Meira. CareCloud recently sponsored […]

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South Florida continues to grow as a hub for health care technology. This is creating a community of entrepreneurs poised to improve physician decision-making, patient engagement, business profitability and more for years to come.

Pictured (left to right): Daniel Cane, Maxine Martell, Nick Zaffiris and Carlos Migoya. Photo courtesy Gabriela Meira.

CareCloud recently sponsored an event with the CEOs of a rapidly growing health IT company, a major medical insurer, and a large public health system. Each enthusiastically shared their latest technology and vision in a sold-out, filled-to-capacity Wharton Club of South Florida panel discussion.

Highlights include:

* The Modernizing Medicine Electronic Medical Assistant app, schEMAThis app harnesses the power of IBM’s Watson cognitive computing to help physicians make clinical decisions at the point of care based on real-time, relevant evidence-based medicine.

“You can ask Watson a question, get [the highest probability] answer, and Watson will show you the citation in JAMA or The New England Journal of Medicine,” says Modernizing Medicine CEO and Co-Founder Daniel Cane. “Then, with one touch, that answer and citation is in the medical record.”

* ‘Big and smart data’ that provides physicians with comparative benchmarks on how they, their practice colleagues and thousands of other physicians using the Modernizing Medicine platform typically treat the same type of patient. “It’s so incredibly insightful,” Cane says. “Doctors who get visibility into what all their peers are doing and the outcomes … can make better decisions.”

* The Health4Me mobile app from UnitedHealthcare empowers patients to manage their own health care; predict cost based on their plan, deductible, and provider reimbursement schedule; and gives them the option to select a provider based on quality. “Health insurance and health care on a mobile device is something people want and want to see the system transform into … it’s been transformational,” says UnitedHealthcare of South Florida CEO Nicholas Zaffiris.

* The $830 million bond approved by South Florida voters to modernize Jackson Health System is poised to bring cutting-edge healthcare technology to more residents of Miami-Dade County. “We’re facing unbelievable pressures in the years ahead,” says Carlos Migoya, Jackson President & CEO. “There is a huge opportunity, and probably a huge risk, for innovators who have the expertise, the business plans, and the innovation to help hospitals overcome these challenges.”

In the private sector, venture capital investment in 2013 was $300 million in Miami-Dade, Broward, and Palm Beach counties, explains Maxine Martell, Wharton School of the University of Pennsylvania alumnus and organizer of the panel discussion. “Florida has developed a medical corridor” of institutions and companies, she says, each with a shared stake in the future of modern, efficient health care.

The University of Miami Health System and UM Miller School of Medicine also co-sponsored the event.

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