Post by Preston Alexander

Did you wake up with anxiety and fear about your practice? You aren't alone Here's the daily challenge: Declining reimbursement More denials and longer delays for payment General morass from "payers" lengthening cash cycles MIPS, HIPAA, OSHA, and all the alphabet soup to deal with Shortages of trained personnel who you can afford Prior authorizations getting harder Cost increases from vendors Charts that are weeks old A stack of mail Sometimes the last thing you want to do is look at the numbers Your accounts Your expenses Your collections Your upcoming payments It can be overwhelming I have good news though There's a solution A practice Operating System With the right systems in place you gain 4 things: 1/ Control 2/ Visibility 3/ Expectation 4/ Accountability Most anxiety comes from the imagined outcome of the unknown When we quantify When we build expectation When we know who is accountable When we have something repeatable The anxiety fades And the business does better Stop waking up anxious about your practice Build the right systems and take control P.S. Interested in building systems in your practice? Get weekly deep dives, frameworks, and insights into running a systems based, anti-anxiety practice on your terms from the Forward Slash / Health Newsletter. Check it out here: https://lnkd.in/e6G7etaD See you out there!