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Tips For Expanding Your Medical Practice
1. Enhancing your revenue flow and adding patients can help you
grow your practice. Here are some tips for accomplishing this:
Enhance your curb appeal
Your practice isn’t a fast food
restaurant, but there’s still
something to be said for making
your practice as appealing from the
street as possible. Make sure your
office is clean and bright.
Use digital records
Digital files can reduce the need
for storage space as well as the
amount of time your staff needs to
spend reviewing and updating files.
Renegotiate your
payer schedules
Renegotiating your payer contracts
to increase your fee schedules is
possible if you have the data to
back your request.
Hire and engage
the best people
Your office staffers are the first
people your patients will interact
with, so invest in them and make
sure they’re the best available. Take
the time to train and engage your
staff so they are motivated
to provide the best service to
your patients.
Work with a collection agency
Practices can lose a significant
amount of revenue due to patients
who miss their payments. Working
with a collection agency will
reduce the chances your practice
will miss out on what it’s due.
Bill For Missed Appointments
Patients who skip appointments
cost your practice money. Establish
a clear cancellation policy, and
charge patients who don’t stick to it.
Stay Active On Social Media
People expect today’s businesses
to have a responsive social media
presence. Monitor your practice’s
Facebook page, Twitter account or
any other social media platforms
your practice uses.
Allow Online Payments
Patients appreciate the
convenience of being able to pay
bills online. Make sure your practice
has a secure portal for accepting
online payments.
Maximize patient care
Spend as much face-to-face time
with patients as possible.
Delegate as many non-
medical tasks as possible.
Your time as a physician is precious,
so offload as many administrative
and other non-medical tasks to
office staff as you can.
Cut waiting times
Seeing as many patients in a day
as possible should be your goal. Be
sure your scheduling process is as
efficient as possible and shorten
your patients’ waiting times.
Tips For Expanding Your
Medical Practice
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