Practice management
Practice management involves the decisions, actions and resources that ensure the day-to-day operations of a medical practice. It includes medical billing, coding, scheduling, patient safety and compliance, human resources, and many other areas that are necessary to run a successful medical practice.
Overview[edit | edit source]
Practice management is a growing field in healthcare. It is a discipline within the healthcare industry that is focused on the operational aspects of running a successful healthcare business. This includes a wide variety of tasks such as medical billing, medical coding, patient scheduling, patient safety, compliance, human resources, and many other areas.
Medical Billing[edit | edit source]
Medical billing is a critical aspect of practice management. It involves the process of submitting and following up on claims with health insurance companies in order to receive payment for services rendered by a healthcare provider.
Medical Coding[edit | edit source]
Medical coding is another important aspect of practice management. It is the transformation of healthcare diagnosis, procedures, medical services, and equipment into universal medical alphanumeric codes.
Patient Scheduling[edit | edit source]
Patient scheduling is a key part of practice management. It involves the coordination of appointments and scheduling of patients for consultations, surgeries, and other medical procedures.
Patient Safety[edit | edit source]
Patient safety is a fundamental principle of health care and a critical component of practice management. It involves the prevention and mitigation of harm caused by errors of healthcare.
Compliance[edit | edit source]
Compliance in a healthcare setting involves adhering to laws, regulations, guidelines, and specifications relevant to the healthcare practice.
Human Resources[edit | edit source]
Human resources in a healthcare setting involves the management of people within the organization. This includes recruitment, training, performance evaluations, payroll, benefits, and maintaining employee records.
See Also[edit | edit source]
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