June 2018 - Wonder Worth Solutions

Track this Financial Metrics for Your Medical Practice

June 27, 2018
Martin Jacob
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Financial metrics not only help to track the performance of your practice but also can be used to increase accountability of your in-house staff. A metric is a verifiable measure stated in either quantitative terms (e.g. financial ratios) or qualitative terms (e.g. patient satisfaction surveys). Metrics are important for a…

June 25, 2018
Martin Jacob
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MACRA Challenges in 2018. 71% of specialty physicians feel they have a long way to go to reach MACRA objectives. Shocking? This infographic based on a recent survey reveals how medical practices are struggling to meet MACRA guidelines. Has MACRA sent your healthcare organization into sticker shock? You are not alone.…

June 20, 2018
Martin Jacob
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This year is set to be another challenging year for medical practices, with several difficulties facing practitioners. However, three of those challenges are proving more difficult to overcome than ever before. Here, we look at the way in which government mandates, utilizing big data and eliciting healthcare patient payments, are…

June 18, 2018
Martin Jacob
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These days the HME industry is faced with its share of challenges, from competitive bidding to complex payer requirements. So suppliers are looking for new revenue opportunities. As health care continues to evolve, the trend for quicker, better and more cost-efficient care grows. That is where patient self-testing presents an…

13 Jun 18

Everything You Need to Know About Using Fast Healthcare Interoperability Resource

The Fast Healthcare Interoperability Resource, commonly known as FHIR, has quickly become one of the most popular protocols for joining disparate systems together and holds great promise for the development of an application-based approach to interoperability and health information exchange. As health data interoperability becomes an increasingly pressing concern for…

June 11, 2018
Martin Jacob
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Many HME providers don’t have an easy solution to analyze their data to make informed and timely decisions. Understanding your data can lead to seeing where your money is coming from, finding new cash flow and even plugging problems before they become a headache. Is it hard to gather and…

June 6, 2018
Martin Jacob
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The CMS site visit verification process is a screening mechanism to prevent questionable providers and suppliers from enrolling in Medicare. Providers and suppliers will be screened by the Centers of Medicare & Medicaid Services (CMS) designated national site visit contractor, with the exception of Durable Medical Equipment suppliers which are handled by…

June 4, 2018
Martin Jacob
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Needless to say, medical practices dealing with Durable Medical Equipment are in complete loss lose a lot with DME prior authorization. A lot of time and effort is being invested alone on DME prior authorizations now, which means monetary loss as an immediate effect. The recent changes and every additions…

Month: June 2018

Track this Financial Metrics for Your Medical Practice

MACRA challenges: Are you one among the 71% physicians?

Challenges Facing Medical Practices In 2018

HME Industry: INR Self Monitoring Can Bring New Revenue

Everything You Need to Know About Using Fast Healthcare Interoperability Resource

HME Providers: How to Manage Your Billing and Sales Data to Increase Profits

CMS Site Visits: DME Providers and Suppliers Enrollment Screening

How Providers Fight for the DME Prior Authorization Battle?

What Is DME Billing? A Comprehensive Introduction

DME Billing Process: A Comprehensive Guide from Prescription to Payment

DME Billing Process: A Comprehensive Guide from Intake to Payment

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