• Episode 93: Exploring Workers’ Compensation and Motor Vehicle Accidents as Lucrative Lines of Business for Physician Practices

  • 2024/09/03
  • 再生時間: 15 分
  • ポッドキャスト

Episode 93: Exploring Workers’ Compensation and Motor Vehicle Accidents as Lucrative Lines of Business for Physician Practices

  • サマリー

  • Today, we’re going to explore a topic that’s both financially lucrative and operationally challenging for physician practices: Workers’ Compensation and Motor Vehicle Accidents, or MVA, as lines of business.

    Now, if you’re a physician or an administrator managing a medical practice, you know that these two areas can represent significant revenue opportunities. But they also come with their own set of challenges—more paperwork, working with adjusters from various insurance companies, and longer collection times, to name just a few.

    In this episode, we’re going to break down these challenges and discuss strategies to optimize your practice's financial performance when handling Workers’ Compensation and MVA cases. We’ll also compare these lines of business with traditional fee-for-service arrangements and explore how you can leverage them to maximize your practice's revenue. So, whether you're currently accepting Workers’ Compensation and MVA cases or considering it, tune in. We’ve got a lot to cover.

    Please Follow or Subscribe to get new episodes delivered to you as soon as they drop!
    Visit Jill’s company, Health e Practices’ website: https://healtheps.com/
    Subscribe to our newsletter, Health e Connections: http://21978609.hs-sites.com/newletter-subscriber
    Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.com


    Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self
    Join our Medical Money Matters Facebook Group here:
    https://www.facebook.com/groups/3834886643404507/
    Original Musical Score by: Craig Addy at
    https://www.underthepiano.ca/ Visit Craig’s website to book your Once in a Lifetime music experience
    Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven
    https://www.communicationtwentyfourseven.com/


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あらすじ・解説

Today, we’re going to explore a topic that’s both financially lucrative and operationally challenging for physician practices: Workers’ Compensation and Motor Vehicle Accidents, or MVA, as lines of business.

Now, if you’re a physician or an administrator managing a medical practice, you know that these two areas can represent significant revenue opportunities. But they also come with their own set of challenges—more paperwork, working with adjusters from various insurance companies, and longer collection times, to name just a few.

In this episode, we’re going to break down these challenges and discuss strategies to optimize your practice's financial performance when handling Workers’ Compensation and MVA cases. We’ll also compare these lines of business with traditional fee-for-service arrangements and explore how you can leverage them to maximize your practice's revenue. So, whether you're currently accepting Workers’ Compensation and MVA cases or considering it, tune in. We’ve got a lot to cover.

Please Follow or Subscribe to get new episodes delivered to you as soon as they drop!
Visit Jill’s company, Health e Practices’ website: https://healtheps.com/
Subscribe to our newsletter, Health e Connections: http://21978609.hs-sites.com/newletter-subscriber
Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.com


Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self
Join our Medical Money Matters Facebook Group here:
https://www.facebook.com/groups/3834886643404507/
Original Musical Score by: Craig Addy at
https://www.underthepiano.ca/ Visit Craig’s website to book your Once in a Lifetime music experience
Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven
https://www.communicationtwentyfourseven.com/


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