The COVID-19 Pandemic caught the entire nation by surprise in March. On March 13th, President Trump declared a state of emergency and by March 16th every state declared a state of emergency. The Pandemic and the state of emergency caused shutting down activities, schools, work, stores, offices and travel. Initially, many individuals hoped the…
DetailsSince Mid-March, many parents were home watching the news that runs constantly and seeing images of NYC Hospitals as well as the daily updates from the White House team on the pandemic. The environment of children and adults being at home reduces contact for COVID-19 as well as other diseases/conditions that result in patients going…
DetailsVisits in pediatric practices were as expected through the week ending Saturday, March 14th, 2020. Starting Monday, March 16th, the impact of businesses and school closures as well as the awareness of COVID-19 pandemic had a significant impact on the engagement of patients with pediatric practices. The COVID-19 Pandemic is an event that pediatric practices…
DetailsKen 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…
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