Ken Dominy Independent pediatricians that are practice owners have many roles. While a practice owner might have the skills to do all the roles in their practice, many of the roles are lower revenue roles, some that distract the practice owner from growing the practice. A Key Performance Indicator for pediatric groups is the number…
DetailsKen Dominy Accounts Receivable days, or more commonly known as AR days, is an important Key Performance Indicator (KPI) for revenue management at a pediatric practice. Since claims are sent to insurance companies and patient payments, there will always be pending revenue to be paid or Accounts Receivable (AR). AR Days is a calculation to…
DetailsKen Dominy There are many components to operating an independent Pediatric Medical Practice. The core function of Pediatric practices is managing patients effectively for their well being. Decades ago, the Healthcare market was a simpler design – a Medical practice developed a fee schedule and charged patients based on the fee schedule for procedures…
DetailsKen Dominy There are many choices for Electronic Health Record (EHR) Systems on the market today. An office-based pediatric practice needs a full-featured and easy to use pediatric clinical template system. It is confusing and time-consuming for providers if they have to choose from hundreds of clinical templates with many variations. A great pediatric EHR…
DetailsKen Dominy Information security is important for EHR systems and medical practices. Security breaches should be a concern of staff and providers, as well as the EHR vendor. Unfortunately, criminals seek to use patient data and insurance information to file fake claims with insurance or potentially gather information to use to file fake taxes. EHR…
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