This week, equip yourself to successfully navigate RADV, patient education, and more.
We hope you’re enjoying a relaxing Presidents’ Day weekend. This week, we cover 2 major shifts in healthcare: the transition to value-based reimbursement models and a projected increase in Risk Adjustment Data Validation (RADV) audits. Find out how to prepare your practice to navigate these changes successfully.
Here’s what else you need to know this week:
- 📱 Your digital marketing cheatsheet
- 📝 Why patient education matters and ways to implement it
- 📊 The advantages of an S-corp in a medical practice
- 💲 How to get ahead of changes in credit reporting in healthcare
CHART OF THE WEEK
Tebra surveyed 800 Americans and 200 healthcare professionals to understand how economic ups and downs impact healthcare affordability and access. One in 4 healthcare professionals surveyed are concerned about rising healthcare costs for patients, and nearly 2 in 3 have observed an increase in patients skipping or delaying appointments due to costs. This often leads patients to delay necessary care, negatively impacting health outcomes.
To surmount these challenges, providers should have transparent conversations with patients about costs and financial assistance programs, create payment plans, and utilize technology to offer telehealth visits when appropriate.
For more insights on supporting your patients’ health and your practice’s financial health, look into ways to help patients when they can't afford care and strategies to prevent patient no-shows and cancellations. Plus, click the link below to discover more of our survey’s findings.
More from this week's newsletter ...
That's it for this week!
Thank you for reading The Intake. As always, if you have questions or suggestions for future topics, please don't hesitate to drop a line at [email protected].