Posted by Aimee Gindin on July 28th, 2016
Topsfield, MA July 28, 2016 MedData Group, LLC a leader in providing data solutions and demand generation services to the professional healthcare community, announces the latest findings from their MedData Point physician survey. MedData Point is a market research program powered by MedData Group that collects and analyzes data to provide healthcare marketers with insights into the latest trends, technologies and perceptions in healthcare among physicians across a variety of specialties, ages, and practice sizes.
In this latest survey, MedData Group asked physicians about their opinions and perceptions on revenue cycle management. Based on 96 physician responses, MedData Group found that when physicians were asked the most pressing revenue problems their practices face, 59% of respondents said that it was minimizing coding errors and/or other causes of denied/delayed payment. More than 50% of physician practices currently have in-house billing and are not considering a change. The top consideration cited by respondents in evaluating billing services technology platforms was real-time insurance verification and/or payment estimation.
One of the biggest challenges for physician practices is managing the revenue cycle. From managing patient payments and collections, to fluctuating preauthorization requirements, revenue cycle management is a critically important yet daunting and ever-changing task. For more information on this survey, please on Revenue Cycle Management.
About MedData Group
MedData Group provides a wide range of data solutions and demand generation programs for providers of pharmaceuticals, medical devices, healthcare technology, professional services, medical education, publishers and others looking to engage with professional healthcare audiences. We offer a full range of highly flexible, cost-effective data solutions as well as demand/lead generation programs. Our database of over 1.8 million healthcare professional records including email, digital ID, clinical behavior (Dx/Px) and dozens of other data fields is constantly being verified, enriched and updated to fuel your interactive marketing campaigns. Our suite of innovative solutions will help you reach and engage the right HCP audiences through the right channels. www.meddatagroup.com
About Capko & Morgan
Capko & Morgan is a medical practice management consultancy with over 20 years of experience serving physicians and healthcare organizations. Our consulting services make practices of all sizes more efficient and profitable. We also work with marketing teams at healthcare IT, pharmaceutical, and medical device companies to help them position and sell their products to medical practices. Learn more about Capko & Morgan at www.capko.com.