Examining The Current Private Practice and Healthcare Environment Copy

EXAMINING THE CURRENT PRIVATE PRACTICE AND HEALTHCARE ENVIRONMENT

CURRENT HEALTHCARE ENVIRONMENT

  • Increased demand for services
  • Increased expenses
  • Stagnant or decrease in funding
  • Consolidation

HEALTHCARE INSURANCE ENVIRONMENT’S IMPACT ON PRIVATE PRACTICE

  • Many private practice owners are downsizing, consolidating
  • with other practices or shutting their doors.
  • Fewer options for patients wanting to utilize their healthcare
  • insurance for services.
  • An increase in the utilization of aides, assistants, etc.
  • Outcomes are tied more to funding than ever before.
  • (Decreased funding after a certain number of visits, etc.)
  • It is becoming more complex every year to get paid.

Contributors to this are:

  • Authorization & benefit verification process is not a guarantee to get paid
  • ICD-10 implementation
  • New CPT evaluations codes