4 strategies to boost your medical practice’s profitability
Physicians, practices, and other health care providers seem to face a continual decline in reimbursements. According to an AMA analysis, inflation-adjusted Medicare reimbursement rates for physicians dropped 22 percent from 2001 to 2021, and insurers of Affordable Care Act plans denied 17 percent of in-network claims in 2021.
The gut reaction is often to increase growth, but that brings on problems of its own, like reduced profitability from increased overhead and …
