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How Implementing Telemedicine Increases Your Medical Practice Revenue

telemedicine

“Overall, telemedicine offers a number of ways for medical practices to increase revenue, including reducing no-shows, optimizing patient flow, adding new patients, better retaining existing patients, monetizing after-hours consultations, and enabling easy same-day appointment scheduling that fits in more billable hours. Telemedicine is good for patients, as most of us already know. But telemedicine also is good for revenue growth, which some people didn’t know.”

Government May Want Their Money Back

A new study has found many electronic records to be incomplete. The federal government has invested more than $30 billion in electronic medical records. The idea is that these records will let doctors and hospitals improve patient care – and potentially lower costs – by tracking all the treatment a person receives. The government may want its money back.