Practice Support Update Blog

Is your practice profitable?

Nov 14, 2024 10:09:12 AM / by Practice Support Team posted in Primary Care, finance, practice management

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You know the health of your patients.Gym doctor with a patient checking her ankle

Do you know the financial health of your practice?

 

  • Where does your practice stand related to financial benchmarks like days in accounts receivable?
  • Do you understand your payer mix?
  • What is your process for auditing for lost revenue?

North Carolina AHEC has a free tool that you can use to track your practice's financial health.

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Provider Relief Fund Phase 4 Payments Released

Feb 2, 2022 10:30:00 AM / by Practice Support Team posted in COVID-19, Primary Care, recovery, reimbursement, finance

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On Tuesday, January 25, HHS announced that it is disbursing an additional $2 billion in Provider Relief Fund Phase 4 payments. Like the payments allocated in December, these will be based on lost revenues and increased expenses due to COVID-19 and will be made to health care providers who previously applied for relief funds.

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