Monthly Archives: October 2011
What exactly is ICD-10?
ICD-10-CM (based on the International Classification of Diseases, 10th edition, Clinical Modification) is a standard set of codes used for conveying a patient’s clinical profile, if you will. Defined codes are used primarily to facilitate the gathering of data, its … Read Full Post
What We’re Reading – 80% of Americans Fear Converting Health Data into Electronic Form
As our country moves more rapidly into the widespread adoption of electronic medical records (EMRs), fear of improper access of their healthcare data or misuse of the information. Of the people surveyed, 80% of Americans expressed concern about converting medical … Read Full Post
What We’re Reading – How important is it to conduct Exit Interviews?
Regardless of the size of your company, it is important to ensure that you have some idea as to why employees leave. It certainly will help you to make decisions across the board as to what and how much to … Read Full Post
Part Five: How do I find patients?
This last installment of our five-part series explores the crucial need for patients and referrals to keep your business afloat and profitable. Long before you embark on the expensive and lengthy licensing (and accreditation) process, it’s important to solidify the … Read Full Post
Part Four: How much capital do I need to get started?
So far in this five-part series, we’ve reviewed various aspects of a new long-term care-related business venture. We’ve looked at the types of care that can be provided, the various business models and staffing requirements. Today, we’ll explore the all-important … Read Full Post
Part Three: How much staff do I need to get started?
In Part Three of this five-part series, we’re discussing staffing needs for the various Florida business models. For a non-skilled home health agency, Florida requires an administrator, alternate administrator and registered nurse that meet specific requirements. Because one individual can … Read Full Post
Part Two: What business model makes sense for me?
This is Part Two of a five-part series on exploring a long-term care-related business. Yesterday, we discussed the different types of care that can be provided. Today, we’ll discuss your choices of business model. Home health agency (HHA): State licensure … Read Full Post
Part One: What type of care do I want to provide?
Home health agencies can provide skilled or non-skilled care. Skilled care requires the skills of a licensed professional, such as a nurse or therapist. Non-skilled care is custodial or personal in nature, encompassing assistance with Activities of Daily Living (ADLs) … Read Full Post
Launching a Long-term Care Business: Where Do I Start?
Today’s entrepreneurial culture and trends in the long-term care industry have converged into a perfect storm. We regularly receive inquiries from individuals interested in establishing healthcare-oriented businesses that cater to the elderly and Baby Boomers. The home health field is … Read Full Post
What We’re Reading – Seven Legal Errors Practices Make When Handing Medical Records
Misconceptions abound concerning a medical practice’s responsibilities concerning medical records and a patient’s access to records. This article busted several myths, such as physicians can refuse to provide a patient with copies of her medical records, or whether fees can … Read Full Post