{"id":478,"date":"2012-12-22T10:09:11","date_gmt":"2012-12-22T10:09:11","guid":{"rendered":"http:\/\/www.medicalbillingstar.com\/blog\/?p=478"},"modified":"2017-02-14T11:03:10","modified_gmt":"2017-02-14T11:03:10","slug":"its-time-to-resuscitate-healthcare","status":"publish","type":"post","link":"https:\/\/www.medicalbillingstar.com\/blog\/its-time-to-resuscitate-healthcare\/","title":{"rendered":"Its Time To Resuscitate Healthcare !"},"content":{"rendered":"<p>[AnythingPopup id=\"13\"]<a href=\"https:\/\/www.medicalbillingstar.com\/blog\/its-time-to-resuscitate-healthcare\/time-to-resuscitate-healthcare\/\" rel=\"attachment wp-att-482\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-482\" src=\"https:\/\/www.medicalbillingstar.com\/blog\/wp-content\/uploads\/2012\/12\/Time-to-Resuscitate-healthcare-307x1024.png\" alt=\"Time to Resuscitate Healthcare\" width=\"307\" height=\"1024\" srcset=\"https:\/\/www.medicalbillingstar.com\/blog\/wp-content\/uploads\/2012\/12\/Time-to-Resuscitate-healthcare-307x1024.png 307w, https:\/\/www.medicalbillingstar.com\/blog\/wp-content\/uploads\/2012\/12\/Time-to-Resuscitate-healthcare-90x300.png 90w, https:\/\/www.medicalbillingstar.com\/blog\/wp-content\/uploads\/2012\/12\/Time-to-Resuscitate-healthcare-105x350.png 105w, https:\/\/www.medicalbillingstar.com\/blog\/wp-content\/uploads\/2012\/12\/Time-to-Resuscitate-healthcare.png 960w\" sizes=\"auto, (max-width: 307px) 100vw, 307px\" \/><\/a><\/p>\n<p align=\"justify\">The odds are stacked against physicians. Rising operational costs, hours lost due to data entry and compliance thresholds have made practicing medicine a nightmare for physicians. An increasing number of them are contemplating early retirement. With so much to deal with and a lot more to come, it is a testing time for the healthcare industry.<\/p>\n<h2 style=\"text-align: left;\" align=\"center\"><span style=\"color: #ff6600;\"><b>Buckling Under Pressure\u2026<\/b><\/span><\/h2>\n<p align=\"justify\">Slashes in <a title=\"Reimbursement and Compliance Thresholds \" href=\"https:\/\/www.medicalbillingstar.com\/blog\/compliance-thresholds-and-reimbursement-cuts-how-can-radiologists-survive-2013\/\" target=\"_blank\">reimbursement and compulsion to gravitate towards EHRs<\/a> are the major reasons why medical practices are ailing. With divided opinions about ACOs and everybody blaming everybody else, the healthcare field resembles a war-zone. A recent study conducted by Bloomberg points that there is an estimated shortage of 13,000 doctors.<\/p>\n<p align=\"justify\">It is time the policy makers take remedial measures to help resuscitate physicians.<\/p>\n<h2 style=\"text-align: left;\" align=\"center\"><span style=\"color: #ff6600;\"><b>Over taxed slaves ?<\/b><\/span><\/h2>\n<p align=\"justify\">Disincentives and pressures have made doctors feel like over worked slaves. After a long and expensive education, it is a bleak and challenging future that lies ahead. It doesn\u2019t work for the doctor who is gasping for change and for patients who feel a strain in the physician-patient relationship.<\/p>\n<h2 style=\"text-align: left;\" align=\"center\"><span style=\"color: #ff6600;\"><b>Increasing Costs For Doctor Owned Practices\u00a0!<\/b><\/span><\/h2>\n<p align=\"justify\">The operating costs of a physician working in a full time in a physician owned multi-specialty climbed to 1.3% from last year. The commercial fee for service amounted to 51% of total charges.<\/p>\n<h2 style=\"text-align: left;\" align=\"center\"><span style=\"color: #ff6600;\"><b>A Few Bitter Truths\u2026<\/b><\/span><\/h2>\n<ul>\n<li>Operational costs for running\u00a0 a practice have increased over the last year.<\/li>\n<li>Labor costs are the major money drainer for medical practices.<\/li>\n<li>EHRs increase the amount of time spent on data entry tasks.<\/li>\n<\/ul>\n<h2 style=\"text-align: left;\" align=\"center\"><span style=\"color: #ff6600;\"><b>Solutions That Might Just Work\u2026<\/b><\/span><\/h2>\n<ul>\n<li>Outsource to cut down on labor costs and operational expenses.<\/li>\n<li>Train staff or vendors on using EHRs to reduce data entry pressures.<\/li>\n<li>Select an <a title=\"practice Fusion EHR Integration Services\" href=\"https:\/\/www.medicalbillingstar.com\/practice-fusion\/kareo-integration.html\" target=\"_blank\">EHR that automates workflow<\/a> to a major extent, to save on time and resources.<\/li>\n<\/ul>\n<!-- Begin Yuzo --><div class='yuzo_related_post style-1'  data-version='5.12.75'><!-- without result --><div class='yuzo_clearfixed yuzo__title yuzo__title'><h3>Related Post<\/h3><\/div>\n\t\t\t\t\t\t  <div class=\"relatedthumb \" style=\"width:125px;float:left;overflow:hidden;\">  \n\t\t\t\t\t\t\t  \n\t\t\t\t\t\t\t  <a  href=\"https:\/\/www.medicalbillingstar.com\/blog\/infographics-rac-compliance-for-maximized-revenue-and-profit\/\"  >\n\t\t\t\t\t\t\t\t\t  <div class=\"yuzo-img-wrap \" style=\"width: 125px;height:90px;\">\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t<div class=\"yuzo-img\" style=\"background:url('https:\/\/www.medicalbillingstar.com\/blog\/wp-content\/uploads\/2013\/10\/RAC-Audits-150x150.jpg') 50% 50% no-repeat;width: 125px;height:90px;margin-bottom: 5px;background-size: cover; 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Rising operational costs, hours lost due to data entry and compliance thresholds have made practicing medicine a nightmare for physicians. An increasing number of them are contemplating early retirement. With so much to deal with and a lot more to come, it is a testing time for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[102,67,114,36,1,4],"tags":[113,112,111],"class_list":{"0":"post-478","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-102","8":"category-aco","9":"category-cfos-corner","10":"category-ehr","11":"category-general","12":"category-medical-billing","13":"tag-increasing-costs-for-doctor-owned-practices","14":"tag-operational-costs-of-physician-in-their-practice","15":"tag-time-to-resuscitate-healthcare","16":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Its Time To Resuscitate Healthcare !<\/title>\n<meta name=\"description\" content=\"The odds are stacked against physicians. 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