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Most of us would have heard this famous line popularly attributed to Management Guru, Peter Drucker, “What gets measured, gets managed!”.

Most healthcare practitioners or hospitals do not pay enough attention to the financial health of their healthcare business.

So when we say that you must pay close attention to the financial facet of your healthcare business, we do not mean that you must master CPT code assignments and claim filing parameters.

According to Don Rodden, Principal of Healthpro Medical Billing Inc, the following four metrics can give you a panoramic picture of how your practice as a business is performing and where it is headed.1.

MONTHLY RECEIPTSThis is a straightforward measurement that gives you the total payments you have received in any month.

You can also go one step ahead and study the trends in receipts per RVU from individual payors.

Although the healthcare industry has been slower at adopting the technologies associated with the Internet of Things, the growth that it will bring by 2021 will still be in the billions, according to Allied Market Research; $136.8 billion to be exact.

The transformation that the Internet of Medical Things (IoMT) technology will bring to the healthcare sector will not only be beneficial to patients, but it will create a demand for better treatment options, it will streamline workflow optimization within delivery systems, and it will decrease healthcare costs by providing better healthcare outcomes. With over 3.7 million medical devices currently in use, we are poised to see this number dramatically increase as IoMT connected devices and IoMT implementation continues to create ultimate IoMT technology solutions in the medical industry.

The healthcare industry has changed after the covid-19 pandemic.

Patients no longer want to visit hospital emergency rooms.

Many hospitals are also pushing patients to not visit hospitals and adopt remote modes of medical care.

Many old people have already been given access to mobile healthcare applications.

The year 2020 has opened new chances for healthcare startups, this all is because of the transformation the covid-19 pandemic has been bringing in our healthcare system.

These applications help smoothen the medical process and provide work efficiency.

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The healthcare businesses including all stakeholders are evolving rapidly and the future looks radically different from present.

People now have easy access to healthcare information, which keeps them updated.

Digitalization and integrated patient-centric approach is giving rise to databases, thus changing the nature of how healthcare operates.

Also, technologies like Artificial Intelligence, Additive manufacturing, and Machine Learning are acting as game changers in the healthcare industry, and will bring about major changes in incoming times.‘Healthcare is all about providing best services with superior patient outcomes.’ A Hospital chain that has proved just that is Wockhardt Hospitals (WHL).

Its main focus and aim being on clinical quality and patient-centric care, Wockhardt Hospitals are bridging the path through best medical practices, best nurses and doctors, best teams at par, best of the technology, and updated with the best medical practices.

To gain further insights into this journey full of innovation and patient care we bring you an exclusive interview with Zahabiya Khorakiwala who is theManaging Director and driving force behind this new-age chain of multi super-speciality Wockhardt Hospitals.

Nurses are the backbone of the healthcare industry.

Nurses play an increasingly large role not in just maintaining the well being of the citizens but also in the administrative needs of the healthcare system.Nurses now have earned themselves professional respect within the medical field, which was hard-won through years of lobbying, organizing, and most significantly, advancing the profession academically.

Whereas nurses 70 years ago were often viewed as order-takers for doctors, mainly responsible for basic help like providing food and medications, changing beds, and bathing patients — nurses today have much greater responsibilities and autonomy and indulge in an increasingly collaborative relationship with physicians and other members of the healthcare team.Having so many benefits, being a nurse is also a good career option for people who aspire to be in the medical field.

If you put up in Jaipur and want to pursue a career in nursing, Win coaching is one of the best nursing coaching in Jaipur.Win coaching has a mission to help current nurses reach their educational and career goals.

Their extensive research has resulted in the list of highly-ranked coaching institutes and degree programs that offer a variety of options for students.Having a syllabus study based on time-limited teaching methodology with the most efficient results in staff nurse coaching, Win coaching is recognized as the premier nursing coaching in Jaipur, Rajasthan.

Are you searching for buyers in the medical officer?

With our Medical Office Manager Email List, find the key, decision-maker, to be the sole of making your product and services buying decisions.

Medical offices that are taking over the healthcare industry can be your long-term customer through our convertible and targeted Medical Office Manager Mailing List.

HealthExeData has a solution for healthcare marketers, in terms of marketing to Medical Office Managers, with the least energy and resource wastage.

Advancements in the field of medical tools, medical technology along with the integration of data analytics, and 3D printing in this industry are enhancing the role in sustaining quality facilities at hospitals, clinics, and homes.

It is considered to be crucial for the services offered for the prevention, diagnosis, and treatment of diseases and illnesses.

This industry comprises of an enormous number of products ranging from surgical gloves to artificial joints to imaging equipment which plays a crucial role in the development of medical technologies.Advancements in technology and its adoption are improving the complexity and accuracy of disease screening with the approval of smart devices applicable for remote monitoring of patients.

Expert consultation with medical device manufacturers reveals that they are hesitant due to the perceived barriers to obtain ethical approval.

This industry is undergoing significant advances in terms of minimally invasive surgery, orthopaedic surgeries, cardiology, neurology, oncology, and medical imaging.This market is moderately fragmented and is in the growth phase is trying to gain a higher market share.

Hospitality and surgical centres are foreseen to dominate this market with the highest demand for this segment in 2018.

Laboratory Assistants, EKG Technicians, and Phlebotomists are important members of a medical team, working directly with patients alongside doctors and other healthcare providers.

These medical professionals perform the tests and procedures ordered by physicians and other healthcare providers in order to diagnose disease and other health issues.

These healthcare workers are specially trained to work with complex medical equipment, and can be employed in diagnostic labs, hospitals, clinics and medical practices.

As a Lab Assistant, EKG Technician, or Phlebotomist you will work as a medical professional alongside doctors and other healthcare staff in order to deliver patients the highest level of care.

ICD-10 medical coding plays a major role in medical billing and collections.

Are you looking for ICD – 10 medical coding services in US?

You are in the right place.

Call our service team and connect with us!

1888 Press Release - 420Sixty.com proudly announces the launch of Herb2Curb one hour cannabis delivery service in metro Toronto.The evolution of online cannabis dispensaries in Canada has just taken a giant leap forward with the announcement of the Herb2Curb 1.0 platform launched February 1st by Canadian online dispensary https://www.420sixty.com.The Herb2Curb 1.0 platform is currently beta testing in the metro Toronto and surrounding areas and will be expanding rapidly into other major markets Canada wide by early spring 2018.

"The main objective of the Herb2Curb 1.0 platform is to deliver high quality medical cannabis to patients in need within a one hour time frame in ANY major city in Canada.

The concept is quite simple in nature and offers added security over other "to your door" services, in that, the actual financial transaction takes place online via major credit card.

No actual cash ever changes hands at the door."

explains Dan Harrison, a spokesman for https://www.420sixty.com"Herb2Curb will pave the future of online cannabis purchasing in Canada, one hour delivery is just the beginning", said Harrison when asked what the future holds for Herb2Curb.I guess we will wait and see, but for now one hour delivery of medical cannabis in Canada seems to be one step closer to becoming a reality.