Unlocking Financial Data: Simple Strategies for Problem-Solving, Planning, and Growth
Scott Becker, host of Becker’s Healthcare Podcast, interviews Erik Miller, President of MedHQ, and Mark Garvin, Avanza Healthcare Solutions Executive-in-Residence and leads a conversation around the impact of the maturing outpatient market on the healthcare industry. The podcast delves into the shifting landscape of outpatient operations and the evolving needs of hospitals. “Outpatient is growing […]
Preparing for and Managing Through a Financial Crisis
The Change Healthcare cyber hack is disrupting cash flow across the spectrum of healthcare including hospitals, outpatient facilities, physician practices, pharmacies, medical equipment providers, and more. Assuming most providers take 30-45 days to process a claim and receive payment – many organizations have yet to feel the pain, and won’t for a few more weeks. With any time you have available, we recommend […]
How the Staffing Shortage Impacts Your ASC’s Financial Health
The challenges of staffing healthcare facilities today are undeniably daunting. The healthcare sector has the highest number of unfilled positions nationwide, totaling 335,017 open job listings as of February 2024. According to a 2024 ERCI report, US healthcare employment across the continuum remained nearly half a million jobs below projected levels based on pre-pandemic trends. Basic supply and […]
Solutions to Mitigate the Healthcare Staffing Crisis
Many ASC leaders have been facing issues related to staffing, and there are no signs of these issues being resolved. Because of this, ASC leaders must prepare to rethink staffing and retention strategies. MedHQ recently hosted a roundtable discussion at the 20th Annual Becker’s Healthcare Spine, Orthopedic, and Pain Management-Driven ASC Conference to talk through […]
Driving Efficiencies in Accounting & AP Automation
For the last few years, MedHQ has been moving toward digital transformation to benefit both MedHQ and its healthcare clients. In a series of blog posts, we will outline some of the digital processes and systems we use to secure sensitive data and streamline operations to drive success for our clients. Adel Rekowski, Staff Accountant […]
Education and Long-term Focus Needed to Improve ASC Diversity and Inclusion
As current events and the Black Lives Matter movement spark introspection and action among businesses nationwide, the ambulatory surgery center (ASC) industry too is taking a hard look at best practices for diversity and inclusion. And while the issue is breaking news today, MedHQ’s Chief Operating Officer Rita Hernandez Figi believes a long-term approach, creating […]
Digital Transformation in Software System Security
MedHQ is always looking toward innovation, and digital transformation has been a top priority for our team in recent years. In a series of blog posts, we are going to focus on the digital processes MedHQ uses to secure sensitive data, streamline operations, and improve efficiency to benefit our clients. Jake Bartelt, Operations and Implementation […]
What Does Digital Transformation Mean in HR?
As technologies evolve, so do people, processes, and priorities. Digital transformation occurs when organizations change traditional business practices into new digital methods to improve efficiency and better achieve internal (employee-facing) and external (customer-facing) objectives. Global spending on the technologies and services that enable digital transformation is expected to reach $2.3 trillion in 2023, according to […]
Designing Benefits Packages Employees Want
An attractive compensation package is essential for both recruiting new talent and keeping employees happy. But compensation encompasses more than just salary. It includes a range of benefits that employees value – from health insurance and professional development programs to paid time off and flexible schedules. Benefits matter to potential and current employees. In a […]
3 Benefits of Outsourcing Physician Credentialing
Meticulous credentialing – the process of acquiring, evaluating, and verifying a physician’s professional documentation – is a necessity for any healthcare facility, including hospitals and ambulatory surgery centers (ASCs). In addition, insurance carriers, Medicare and Medicaid require medical providers to show proper credentialing before they can be reimbursed for their services. Any errors in credentialing […]
