Posts by glacialcontent@glacial.com
2024 Staffing Challenges in Healthcare & How to Take Action
Reading Time: 4 minutes By Chloe From Clearwave | January 8, 2024 A crisis point looms in American healthcare. According to recent projections, the United States could see an estimated shortage of between 54,100 and 139,000 physicians, including shortfalls in both primary and specialty care, in the coming years. This staffing challenge extends beyond the clinic and into administrative…
Read MoreWhen Should a New Patient’s Insurance Be Verified?
Reading Time: 4 minutes By Chloe From Clearwave | December 7, 2023 Specialty practices can significantly reduce bad debt and improve collections by verifying patient insurance coverage early and often. However, manual verification is a major bottleneck and most automated solutions only verify insurance once. Automating insurance verification is a game changer for medical practices. With a real-time insurance…
Read MoreTop 2 Trends Orthopedic Practices are Focused on for 2024
Reading Time: 5 minutes As healthcare continues evolving amidst rising costs and a shifting economic landscape, orthopedic practices must stay flexible to fuel growth in 2024. Two top trends that high-performing orthopedics are focused on this year are physician shortages and higher staffing costs. Keep reading to learn about the driving factors behind these trends, obstacles facing orthopedic providers…
Read MoreThe True Cost of High No-Show Rates in Healthcare & How to Drop Them
Reading Time: 4 minutes By Chloe From Clearwave | November 10, 2023 Missed appointments are an inconvenient but common occurrence in healthcare. Patient no-shows create a significant financial blow to healthcare practices. While they may seem part of the trade, practices are finding unique ways to truly cut no-show rates, improving efficiency and their bottom line. See the actions…
Read More3 Strategies to Speed Up The Patient Payment Journey
Reading Time: 4 minutes By Chloe From Clearwave | October 23, 2023 When payments are slow it’s frustrating for healthcare providers, meanwhile patients may be confused or unaware of these past-due balances. With rising costs and frequent patient insurance policy changes, it’s no wonder that accounts receivable cycles are getting longer. In fact, 56% of medical groups reported their…
Read MoreHow to Reduce Insurance Eligibility Training Time at Your Practice
Reading Time: 5 minutes By Chloe From Clearwave | October 9, 2023 Verifying patient insurance eligibility is a critical yet often cumbersome process for healthcare practices. Between time-consuming manual phone calls, patient care, and keeping staff trained on each complex step, it’s easy for this vital task to become a bottleneck. By embracing automation, practices can reduce insurance verification…
Read MoreAchieving Practice Growth: A Physician’s Perspective
Reading Time: 5 minutes Increasing practice growth is not just a goal, but a necessity for specialty physicians in today’s healthcare landscape. According to the Medical Group Management Association (MGMA), top-performing practices have demonstrated the potential to generate nearly $138,522 more revenue per year per full-time physician compared to their counterparts. This impressive statistic underscores the importance of optimizing…
Read More4 Revenue Benefits of a Healthcare Scheduling Software System
Reading Time: 4 minutes By Chloe From Clearwave | September 5, 2023 One technological solution that has proven to be a game-changer for patient acquisition and practice success is patient self-scheduling software. These systems offer a range of benefits that not only streamline scheduling processes but also have a positive impact on the revenue streams of specialty practices. Keep…
Read MoreHow Top-Earning Cardiologists Are Scheduling More Patients to Boost Profits
Reading Time: 6 minutes Updated by Blakely Roth | June 20, 2024 There is transformative potential for patient self-scheduling specifically tailored to cardiology practices. In a survey, a staggering 82% of patients expressed a strong preference for providers who offer online scheduling. Gone are the days of waiting on hold, playing phone tag, or navigating complex scheduling processes. The…
Read MoreUse Automatic Appointment Reminders & Communications to Bring in More Patients
Reading Time: 5 minutes By Chloe From Clearwave | August 7, 2023 In today’s dynamic healthcare landscape, effective communication is crucial for getting patients back in the office, increasing patient value and fostering loyalty. Alongside automatic appointment reminders, healthcare providers have an array of communication tools at their disposal to increase patient revenue and satisfaction. Recent statistics highlight the…
Read More