News in brief Report examines how medical practices can make more money New report from the MGMA explores the factors that lead to a medical practice earning more revenue. Oct. 25, 2017Wednesday AOA Staff Contact AOA Staff Facebook Twitter LinkedIn Email The Medical Group Management Association has released a new report that explores the factors that lead to a medical practice earning more revenue. The following factors, MGMA reported, are associated with higher earnings in a medical practice: Lower operating expenses Greater physician productivity Increased patient portal usage Faster patient scheduling and same-day appointment availability Steps taken to reduce no-shows and cancellations The report also noted that higher-earning physician-owned practices typically spend less on information technology expenses, while better-performing hospital-owned practices usually spend more on IT than their lower-performing peers do. Learn more about the MGMA report here. More in Newsbriefs DO to lead Mississippi physician workforce office, DO student co-authors educational children’s book Richard Calderone, DO, MPH, is the new director of the Office of Mississippi Physician Workforce, and Brooke Birks, OMS IV, published a children’s book. Free holistic residency application review platform will soon be available for residency programs that use ERAS Cortex, an AI-enabled platform, is designed to provide technology-assisted holistic review by streamlining application screening and review. Previous articlePrejudiced patients: Offensive comments reported by nearly 60% of surveyed physicians Next articleBest states for doctors in 2017: Physicians Practice weighs in
DO to lead Mississippi physician workforce office, DO student co-authors educational children’s book Richard Calderone, DO, MPH, is the new director of the Office of Mississippi Physician Workforce, and Brooke Birks, OMS IV, published a children’s book.
Free holistic residency application review platform will soon be available for residency programs that use ERAS Cortex, an AI-enabled platform, is designed to provide technology-assisted holistic review by streamlining application screening and review.