The pandemic encouraged many people to take a fresh look at their lives – and careers. For clinicians in wound care – many reflected on the past few years’ events and realized they could take their skills and move to private practice. They could be their own boss and chart their own course.
It’s a decision that has brought renewed energy and excitement to many wound care providers. But going out on your own can be concerning. There’s a lot to know and do.
Net’s Health’s latest ebook, The Ultimate Guide to Starting Your Wound Care Private Practice, provides an overview of the who, what, when, where, why and how of starting your practice.
It covers some important issues, like:
- Finding the right electronic health record (EHR) system
- Coding, billing and reimbursement
- Compliance and documentation
- Marketing, referrals and growing your business
Step One: Finding the Right CERTIFIED EHR
One of the critical issues covered in the ebook is finding the best EHR for a new practice. Under the 21st Century Cures Act, providers must be able to share information with patients, providers, payers and other authorized entities. As of October 6 of this year, having an EHR certified to provide such data sharing is a CMS mandate.1
There are other reasons your choice of EHR will be one of the more important decisions you make. Your EHR impacts the most important business aspects of your new practice, including documentation, coding and billing. Because those are such vital tasks, the ebook provides an overview of key questions to ask, like:
- What’s the track record for the EHR?
- Is it widely used?
- Can I speak to current users?
- What kind of support can I get?
Giving you the Value Your New Practice Needs
The good news is, once you’ve decided on the EHR for your practice, you’ll start to see immediate benefits, including a better workflow for you and your staff, help with documentation and coding, more time for patient care through efficient technologies and an optimized revenue stream.
Other issues covered in the ebook include:
- Importance of analytics to streamline clinical and operational tasks
- Understanding the role of The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) and MIPS (Merit-Based Incentive Payment System) in your billing practices and reimbursement potential
- Documentation and compliance
- How to market your practice in your community
- Strategies for engaging and managing your patients, including ways to minimize missed appointments
Starting a New Journey
If you have or plan to start a new wound care private practice, you are in for an exciting and rewarding adventure. There are many steps to take and important issues to consider. However, when you pick the right technologies and partners, your new venture has the pieces in place to be a success.
We are here to help. Get in touch with the Net Health Wound Care Team or one of our business consultants today for more information and a free demo.
121st Century Cures Act: Advancing interoperability and patient access to information. HIMSS. Available at https://www.himss.org/what-we-do-public-policy-advocacy/21st-century-cures-act.
The Ultimate Guide to Starting Your Wound Care Private Practice
Are you one of the thousands of healthcare
providers who have decided to start their
own wound care business?