Monday starts with a full schedule, a full waiting room, and three staff members already juggling prior auths, claim edits, and refill requests before 9 a.m. By Friday, the practice still feels productive, but cash is tighter than it should be. That gap is where profitability is won or lost. Medical practice profitability is not […]
Administrative waste is one of the few cost problems in healthcare that almost every practice can see every day, even before looking at a P&L. Nationally, administrative costs account for 25 to 33% of total health-care spending, and McKinsey identified about 30 interventions that could save up to $265 billion annually, or $1,300 per American […]
When people talk about reducing healthcare costs, the conversation often goes straight to big-ticket items like drug prices or advanced medical equipment. But in my experience, the real, sustainable savings are found by tackling the operational side of things. It’s about shifting away from a system that pays for how much you do (volume) and […]
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