Welcome to the Blog of Eggleston & Eggleston — your go-to resource for expert insights on medical practice management, operational excellence, and healthcare business strategy. Whether you’re running a mid-sized physician group or part of a hospital network in Virginia, our articles cover topics like improving revenue cycle, leveraging data for growth, and staying ahead in an evolving industry.
The Importance of Billing Reevaluation Effective medical billing is crucial for the financial health of any medical practice. It ensures that you receive appropriate reimbursement for the services you provide, reduces claim denials, and keeps your revenue stream flowing smoothly. However, as the healthcare landscape evolves, it's essential to periodically perform billing reevaluations to [...]
Reimbursement is a critical aspect of medical practice management. However, it can be challenging to navigate the complex world of healthcare reimbursement, with ever-changing regulations and payer policies. As a medical practice management company, we understand the common reimbursement challenges that practices face and offer solutions to overcome them. Challenge #1: Denials and Rejections [...]
In an era of evolving healthcare dynamics, the decision to maintain your medical practice's independence is a strategic but rewarding choice. While a hospital or private equity bailout may offer financial support, they often come with strings attached. At Eggleston & Eggleston, we understand the value of autonomy and patient-centric care. In this blog, [...]
In today's rapidly evolving healthcare landscape, staying financially viable while providing top-notch patient care can be a challenging balancing act. Payer contracts play a pivotal role in determining the financial health of medical practices. Renegotiating payer contracts can yield significant benefits, ensuring fair reimbursement rates and optimized revenue streams. In this blog, we'll delve [...]
Starting a medical practice is an exciting and rewarding venture that allows healthcare professionals to deliver quality care to their patients while maintaining autonomy and control over their own practice. However, to ensure long-term success, it is crucial to develop a comprehensive business plan. A well-crafted business plan will not only serve as a [...]
Electronic health records (EHRs) have revolutionized the healthcare industry, making it easier to store, access and share patient information. However, managing electronic health records can be a challenge, particularly when it comes to efficient documentation. Here are some best practices for managing electronic health records to ensure efficient documentation. Set up templates and shortcuts [...]
Summer is the perfect time for employee bonding and building a stronger team. With longer days and warmer weather, summer offers a unique opportunity for employees to come together and have fun outside of the workplace. Our team at Eggleston & Eggleston shares some ways to encourage employee bonding during the summer months: Team [...]
At Eggleston & Eggleston Medical Practice Management, we realize that one of the critical, yet difficult, aspects of medical practice administration is determining the appropriate staffing levels for your unique practice; and we stand ready to help. The tips below offer a sound introductory basis for clinical and administrative medical staffing assessment. Too Many [...]
Team meetings can often be seen as a necessary but tedious part of work, but they don't have to be that way. With a little effort and planning, you can make team meetings something that everyone looks forward to. Here are a few tips to help you get started: Our Tips Set clear goals [...]
Having a well-defined business strategy is crucial for the success of any medical practice. Without one, your business will lack focus and could quickly become overwhelmed. By taking the time to develop a strategy, you are ensuring that your business is moving in the right direction and that all your efforts are working towards [...]
