Title: What are current trends in Ambulatory Practices?
1(No Transcript)
2What are current trends in Ambulatory Practices?
The number of visits to ambulatory practices fell
by nearly 60 percent in the early stages of the
pandemic which leads to the financial pressure of
sustainability for practice owners and
administrators. Moreover, frantic patients are
the main contributor for the sudden rise of daily
call volumes as fear of the virus added a new
layer of stress and anxiety. In such situations,
providers opted for various critical decisions as
reduced staff struggled to meet the demands of
patients under new safety guidelines. As a result
of this turbulent time, many aspects of
ambulatory practices have undergone a
transformation. Current trends in ambulatory
practices Position yourself for success and
sustainability In the current dynamic healthcare
environment, the efficiency and effectiveness of
both your practice and business processes will
drive the success for you. Today RCM has become
more complicated and critical due to changes to
payment codes, managing the intricacies of payer
billing, and documentation requirements.
3What are current trends in Ambulatory Practices?
On the other hand, you need to focus on your
ambulatory practices as the value proposition is
focused on patient care which leads to
outsourcing complex and rapidly evolving
administrative functions to a medical billing
company like us as you cant afford to have those
functions distract you from strengthening your
core value. We can help you in all your billing
and reimbursement queries so that you can focus
on your core competencies. Rise in patient
convenience for healthcare services via virtual
care With the sudden arrival of the pandemic,
you have noticed that waiting rooms stood empty
and practices rapidly began to utilize virtual
visits and educate patients about telehealth
which leads to rise in the adoption of telehealth
amongst the patients. According to Doximitys
2020 State of Telehealth Report, up to 106
billion of current U.S. healthcare spend could be
virtualized by 2023. Before the pandemic, only
14 of Americans tried virtual visits. Since the
outbreak, the number increased to 57.
4What are current trends in Ambulatory Practices?
With the help of virtual care patients receive a
variety of healthcare services in a similar way
as they experience the convenience of shopping
and banking online. An important change that the
pandemic brought is more people will opt for
Medicaid and exchange-based health insurance and
away from employer-based coverage. In addition,
virtual visits boost the use of personal devices
to create patient-generated health data. As an
ambulatory practice leader, you need to find ways
to capture relevant information, integrate it
into the medical record, and effectively support
patients in their self-care activities. Changing
responsibilities of providers in the public
health field The COVID-19 pandemic boosts the
need for an integrated, highly collaborative
partnership among primary care offices and public
health facilities. This collaboration mainly
helps primary care providers across the
ambulatory practice landscape to access, collect
and share COVID-19 test and contact tracing data
securely and effectively through interoperable
data systems.
5What are current trends in Ambulatory Practices?
Moreover, the pandemic has pressed the urgency
for providers to capture data and effectively
channel it to public health authorities.
Continuous improvement to this interactive
network will help ensure the level of
preparedness required to meet future outbreaks
and support community health needs. Implement
integrated telehealth Implementing Telehealth is
not a question, but you need to think about both
how you want to integrate the telehealth visits
into practice and how to integrate telehealth
platform into EHR, patient portal, and other core
technologies to increase efficiency. For
telehealth integration, as an ambulatory
practice, you need to consider various factors
like scope of virtual care, telehealth workflow,
assess portal integration, and maximize
behavioral health support. In both calm and
crisis, telehealth technology acts as a driver
for more streamlined practice as patients have
access to care anywhere. Moreover, ambulatory
practices have also discovered new revenue streams
by delivering care after business hours as
providers meet virtually with patients outside
the office.
6What are current trends in Ambulatory Practices?
Need for a technology partner Ambulatory
practice leaders are facing challenges due to the
continuously evolving healthcare landscape. These
practices need to transform and innovate to
ensure sustainability and prosperity. Hence many
practices are looking for a technology partner
that can provide a comprehensive solution to
accommodate unique needs in the new era of
healthcare. Outsource your ambulatory surgical
centers medical billing to Medical Billers and
Coders and increase your ASC practice
revenue. Get in touch with us!