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                   Measuring the impact on physician reimbursements with upsurge in retail
                                                   clinics

                “As medical service providers try to adapt themselves to these altering equations, their ability to
                manage clinical and operational functions would invariably involve the next level of efficiency. While
                there is ample scope for revenue augmentation amidst a booming health insurance scenario, there is
                also the issue of keeping the quality of medical services on par with the industry’s best practices. Left
                with such opportunity-responsibility bait, medical practices would do well to trust outsourced
                service providers that have the competence and credibility to maneuver them through effectively
                and efficiently.”

                While there can be no substitute to full-fledged clinical settings as far as clinical management of
                chronic or acute medical conditions are concerned, retail clinics hold their own sway when it comes
                to managing trivial or superficial medical conditions. In fact, a study in the November 2011 American
                Journal of Managed Care, which analyzed the claims data of 13.3 million Aetna enrollees from 2007
                to 2009, found a tenfold increase in patient traffic to clinics in grocery stores, pharmacies and big-
                box stores. Therefore, there is substantial truth in believing that patients are growing more
                comfortable with retail clinics, which offer them instant and easy access during times of medical
                exigency.

                The growing fascination towards this retail model of clinical care can largely be attributed to the
                Federal Healthcare Reforms – which are going to accommodate health insurance for a substantial
                uninsured population, and promote accountable care organization model of healthcare and other
                aspects of health system reform – and the growing dearth of primary care centers which happen to
                be the connective clinical centers to major healthcare centers. While established clinical centers may
                feel the pinch of eroding patient base to these new-trend retail clinics, it could still be a blessing in
                the disguise as they concentrate on clinical management of far more critical medical conditions. And
                with the promise of a booming Medicare and private health insured population, there is every
                reason to remain optimistic.

                The retail health clinics, on their part, should strive to be connective link in the clinical management
                of patients; retail clinics, rather than operating in isolation, should establish ways to ensure
                continuity of care with physicians and have processes for referring patients who require primary
                care. One of the major impediments to this integration, as noted by majority of specialist practices,
                is that retail clinics may not be able to share medical necessary reports that render collaborative
                clinical management possible. But, with proper coordination, retail clinics and specialist clinics or
                hospitals can both share the workload as well as promote clinical efficiency. In fact, many
                established hospital groups themselves are open to the idea of opening their own retail clinics that
                could become window advertisements for their specialist services.




                                               www.medicalbillersandcoders.com
                                               Copyright ©-2011 M.D.C.P. All Rights Reserved.
                                                                                                                Page 1 of 2
http://www.medicalbillersandcoders.com
End to End Medical Billing Solutions

                As medical service providers try to adapt themselves to these altering equations, their ability to
                manage clinical and operational functions would invariably involve the next level of efficiency. While
                there is ample scope for revenue augmentation amidst a booming health insurance scenario, there is
                also the issue of keeping the quality of medical services on par with the industry’s best practices. Left
                with such opportunity-responsibility bait, medical practices would do well to trust outsourced
                service providers that have the competence and credibility to maneuver them effectively and
                efficiently. Medicalbillersandcoders.com – with long-standing reputation of being competent and a
                credible source for comprehensive medical billing and operational services – may well have the right
                answers to such opportunity-responsibility bait.

                For more information visit: medical billing companies, medical billing services




                                               www.medicalbillersandcoders.com
                                               Copyright ©-2011 M.D.C.P. All Rights Reserved.
                                                                                                                Page 2 of 2

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Measuring the impact on physician reimbursements with upsurge in retail clinics

  • 1. http://www.medicalbillersandcoders.com End to End Medical Billing Solutions Measuring the impact on physician reimbursements with upsurge in retail clinics “As medical service providers try to adapt themselves to these altering equations, their ability to manage clinical and operational functions would invariably involve the next level of efficiency. While there is ample scope for revenue augmentation amidst a booming health insurance scenario, there is also the issue of keeping the quality of medical services on par with the industry’s best practices. Left with such opportunity-responsibility bait, medical practices would do well to trust outsourced service providers that have the competence and credibility to maneuver them through effectively and efficiently.” While there can be no substitute to full-fledged clinical settings as far as clinical management of chronic or acute medical conditions are concerned, retail clinics hold their own sway when it comes to managing trivial or superficial medical conditions. In fact, a study in the November 2011 American Journal of Managed Care, which analyzed the claims data of 13.3 million Aetna enrollees from 2007 to 2009, found a tenfold increase in patient traffic to clinics in grocery stores, pharmacies and big- box stores. Therefore, there is substantial truth in believing that patients are growing more comfortable with retail clinics, which offer them instant and easy access during times of medical exigency. The growing fascination towards this retail model of clinical care can largely be attributed to the Federal Healthcare Reforms – which are going to accommodate health insurance for a substantial uninsured population, and promote accountable care organization model of healthcare and other aspects of health system reform – and the growing dearth of primary care centers which happen to be the connective clinical centers to major healthcare centers. While established clinical centers may feel the pinch of eroding patient base to these new-trend retail clinics, it could still be a blessing in the disguise as they concentrate on clinical management of far more critical medical conditions. And with the promise of a booming Medicare and private health insured population, there is every reason to remain optimistic. The retail health clinics, on their part, should strive to be connective link in the clinical management of patients; retail clinics, rather than operating in isolation, should establish ways to ensure continuity of care with physicians and have processes for referring patients who require primary care. One of the major impediments to this integration, as noted by majority of specialist practices, is that retail clinics may not be able to share medical necessary reports that render collaborative clinical management possible. But, with proper coordination, retail clinics and specialist clinics or hospitals can both share the workload as well as promote clinical efficiency. In fact, many established hospital groups themselves are open to the idea of opening their own retail clinics that could become window advertisements for their specialist services. www.medicalbillersandcoders.com Copyright ©-2011 M.D.C.P. All Rights Reserved. Page 1 of 2
  • 2. http://www.medicalbillersandcoders.com End to End Medical Billing Solutions As medical service providers try to adapt themselves to these altering equations, their ability to manage clinical and operational functions would invariably involve the next level of efficiency. While there is ample scope for revenue augmentation amidst a booming health insurance scenario, there is also the issue of keeping the quality of medical services on par with the industry’s best practices. Left with such opportunity-responsibility bait, medical practices would do well to trust outsourced service providers that have the competence and credibility to maneuver them effectively and efficiently. Medicalbillersandcoders.com – with long-standing reputation of being competent and a credible source for comprehensive medical billing and operational services – may well have the right answers to such opportunity-responsibility bait. For more information visit: medical billing companies, medical billing services www.medicalbillersandcoders.com Copyright ©-2011 M.D.C.P. All Rights Reserved. Page 2 of 2