Back in the day, running a medical practice used to be easier. Operational procedures weren’t as extensive, patient expectations were simpler and regulations were more relaxed.
Unfortunately, thanks to rising costs, declining reimbursements, and increased paperwork, physicians today must learn to do more with less.
Consequently, physicians must focus more on the details of their operations than patients; at a time when patients are becoming more assertive in their demands and better informed.
So what is a medical practice to do? How can physicians simultaneously satisfy increasing operational and patient demands without sacrificing more time and energy?
By understanding the basic concepts of lean management, medical practices can successfully use these methods to make their operations more efficient and effective.
For example, you may ask yourself “Why do we have multiple in-house employees managing billing and revenue operations”? There may be better and ‘leaner’ ways to get these processes done, such as outsourcing your billing tasks to experts like Billing Savi.
By letting professionals handle these operations, your practice can focus more on patients, boost revenue flow, and reduce the need for in-house employees dedicated to billing.
Next, bring your team together to map the current process flow step by step. This is a great time to brainstorm with your group on ways to question why things are done and improve upon existing approaches.
When it’s time to act and implement new ideas, come up with concrete steps that can be taken to achieve change.
By starting with the above steps, your practice will be on the road to improving patient flow. Lean management techniques can show you how to implement the process of providing the best patient care in the shortest time without waste of resources.
Work with your team to always be on the alert for ways to improve performance and don’t be afraid to put new ideas into play.
For a free consultation on how to boost your practice’s revenue, please contact us by using the form below.