Crucial Metrics: The Foundation of a Thriving Medical PracticeDivider Vertical

Crucial Metrics: The Foundation of a Thriving Medical Practice

To keep your medical practice running smoothly, closely monitoring your cash flow is key. Cash flow refers to the amount of cash coming in vs. going out of your business. When cash flow is positive, you have enough to cover expenses. When negative, you may face financial trouble.

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Efficient Billing Strategies for Foreign Body Removals

Efficient Billing Strategies for Foreign Body Removals

Accurate billing for foreign body removals, including superficial, subcutaneous, and ear-related cases, can enhance both patient care and practice efficiency. By understanding the appropriate MBS item numbers, GPs can streamline workflows and improve outcomes.

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Managing Haemochromatosis with MBS Item 13757

Managing Haemochromatosis with MBS Item 13757

MBS Item 13757 supports therapeutic venesection for managing haemochromatosis, with co-billing options for holistic care. This enables GPs to streamline care delivery by combining procedures with test reviews, referrals, and specialist updates.

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Optimising Preventative Care with MBS Vaccine Billing

Optimising Preventative Care with MBS Vaccine Billing

Optimise vaccine-related billing by using suitability assessments to discuss multiple vaccinations and by efficiently addressing preventative care needs during home or RACF visits with appropriate MBS items.

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Why Medical AI Like GPT-4 Requires Careful Oversight

Why Medical AI Like GPT-4 Requires Careful Oversight

GPT-4 is much more than just a chatbot. This AI system can understand complex medical texts, have nuanced conversations, and even assist physicians with tasks like taking notes or researching treatment options. However, GPT-4’s abilities come with risks that require oversight and governance.

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The AI-Powered Practice: Improving Care and Productivity

The AI-Powered Practice: Improving Care and Productivity

Automated scheduling reduces administrative overhead by minimizing phone calls and freeing staff to focus on high-value tasks. Patients can select, book, and pay for appointments in one place, reducing paperwork and follow-up.

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How ChatGPT Can Enhance Your Mental Health Practice

How ChatGPT Can Enhance Your Mental Health Practice (And What to Watch Out For)

ChatGPT, an AI assistant created by Anthropic, PBC, shows promise for automating some of the routine tasks in your mental health practice. By 2023, 30% of professionals will try using ChatGPT for documentation, marketing, and other administrative jobs.

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