Alexander Ding, MD, MBA’s Post

American Medical Association, in partnership with AHIP and the National Association of ACOs, has released a new set of actionable best practices for your #valuebasedcare practice focused on overcoming #payment challenges. Learn how you can sustainably advance value-based #patientcare today.

Patients Experience - Increases Providers Revenue & vise versa Room for improvement in Quality Healthcare will always be there, even if the recommended milestones are achieved. With every achievement we raise the bar. There is a lot of frustration surrounding outcomes and accountability. Our patients want to be healthier. The more we engage with our Patients, the earlier & better we know their needs & expectations. Engagement is the key for raising the "Patients Satisfactory Experience" graph. When we help to improve their care quality and deliver better outcomes, our profits will increase as a result. Is it that simple ❓

In today's healthcare practice, meticulous documentation of patient details is more than just a necessity; it's a game-changer. By ensuring all relevant patient information is accurately recorded and easily accessible, practitioners can make informed decisions and customize treatments to meet each patient's unique needs. This personalized approach fosters higher levels of patient satisfaction and trust, ultimately enhancing the overall care experience. This is where an Electronic Health Record (EHR) system comes into play. An EHR is not just a scheduling tool; it's a comprehensive platform that supports your practice in delivering exceptional care. By integrating detailed patient records, EHRs enable practitioners to track progress, identify patterns, and refine treatment plans efficiently. Elevate your practice by leveraging the full potential of your EHR system, transforming patient care, and building stronger, more trusting relationships with those you serve. If you have any questions or would like to learn more about how an EHR system can transform your practice, don't hesitate to reach out. Our team is always here to help and provide the information you need to make the best decisions for your practice and your patients. We're just a message away and ready to assist you in any way we can. #chiropractic #physicaltherapy #pediatricchiropractic #healthcare #wellness #backpain #neckpain #sportsmedicine

Shared decision-making is a collaborative process in which patients, their families, and healthcare providers collaborate to make healthcare decisions. Unlike traditional decision-making models, where the healthcare provider makes the decisions, shared decision-making ensures that the patient's values, preferences, and beliefs are at the forefront of the process. What It Means: ✔Patient Empowerment: We empower patients by involving them directly in their care decisions. Patients are not passive recipients of care but active participants who can express their concerns, preferences, and values. ✔Personalized Care: Healthcare decisions are tailored to fit the unique needs and circumstances of the patient. For example, a patient may choose a less aggressive treatment option if it aligns better with their quality of life goals, even if it’s not the standard recommendation. ✔Informed Choices: We help patients make informed choices by ensuring they fully understand the benefits, risks, and potential outcomes of each option. This approach respects the patient's right to be fully informed and to make decisions that align with their personal beliefs and values. ✔Building Trust: The process fosters trust between the patient and the healthcare provider. When patients feel heard and respected, they are more likely to trust their healthcare team and adhere to the chosen treatment plan. As Patient Advocates, we are here to assist you in tough medical decision-making scenarios. We are here to ensure you are seen, and your values and beliefs are respected and heard. Contact SunNav Healthcare Advocates to see how Shared Decision Making and Decision Making Assitance can help you and your loved ones today. #healthcaresupport #healthcarenavigation #patientcare #CompassionateCare #HealthcareJourney #HealthcareSupport #patientadvocacy #PatientRights #PatientAdvocate #StayInformed #Patientadvocacy #healthcareadvocate #SharedDecisionMaking #shareddecisionmaking

A Clinically Integrated Network (CIN) is a group of healthcare providers that work together to deliver efficient, affordable, and coordinated care to specific patient groups. Through shared information and data, CINs ensure high-quality care while controlling costs. Dive into Jonathan Hart, MD MBA's article for an overview and to understand how CINs are transforming healthcare and why they are crucial for future value-based care models. #CIN #Healthcare #ValueBasedCare #QualityCare

The Axios article highlights the growing emphasis on primary care in healthcare spending. The shift towards value-based care models aims to improve patient outcomes and reduce costs by focusing on preventive services and care coordination. This trend is crucial for medical billing and practice management businesses, as it necessitates adapting billing practices to support these models and assist practices in transitioning to a more value-driven approach. Read more by clicking the media link below: #primarycare #valuebasedcare #medicalbilling #practicemanagement #healthcarecosts

Patient engagement is essential in healthcare, and for beginners, it's important to embrace strategies that involve active communication, education, and personalization. Conversely, avoiding overwhelming medical jargon and insensitive interactions while making patients feel heard and valued is equally crucial to fostering positive patient-provider relationships. Check: https://lnkd.in/d2aVWV4u #patientengagement #patientengagementstrategies #patientexperience #patientcare #patientsafety #patientexperience #patients #patient #patientempowerment #drlogy #healthcare #health #healthandwellness #healthandsafety #drlogy #hospitalitmanagement #hospitalsoftware #HIMS #HMS #roi #roistrategies

In light of yesterday’s World Family Doctors Day, I will delve into the concepts of value-based care and its relevance to family medicine over the next few days. What IS value-based healthcare? It is a healthcare delivery model in which renumeration for healthcare providers are based on patient health outcomes (NEJM Catalyst Jan 2017), rather than the volume of services provided. This shift encourages a focus on quality care delivery. Instead of emphasizing the sheer number of medical procedures or visits, providers need to prioritize on positive outcomes. In this way, patients are no longer penalized for being sick. In reverse, doctors are incentivized for keeping people healthy, rather than focusing on only to treating medical conditions. While cost reduction is an important aspect of value-based care, the ultimate goal is really to enhance health outcomes while ensuring efficient resource utilization. How can this be done? Let's talk more tmr!

Let's dive into the world of conversion rates! 📈 Did you know that during my time as a clinical director, our practice achieved an impressive average conversion rate of 95%? We didn't achieve this milestone by simply pushing services or products. Our approach was centered around understanding each individual's unique situation and linking their chief complaint to the desired outcomes they aimed to achieve. Instead of immediately proposing solutions, we focused on presenting the challenges faced by our patients and connecting them to the immediate outcomes they desired. Through patient education and effective storytelling, we guided them towards realizing their health goals. By prioritizing their needs and concerns, we fostered a collaborative approach to their care. For providers and doctors grappling with low conversion rates, we emphasize the power of storytelling and the significance of engaging patients in acknowledging their concerns to reach a common endpoint. By creating partnerships through clear, realistic, and effective healthcare solutions, we empower providers to guide their patients towards successful outcomes. #ConversionRates #PatientCare #HealthcareStrategies #StorytellingInMedicine

To read more please click on the link below: https://lnkd.in/exWadAqn In the ever-evolving landscape of healthcare, patient retention holds a crucial place in the success of a medical practice. While attracting new patients is undoubtedly important, keeping your existing patients coming back should be a top priority. This article offers valuable insights into the best strategies for elevating your patient retention efforts and cultivating a loyal patient base. #patientretention #healthcaremarketing #medicalpractice #loyaltypatients #retentionstrategies #patientengagement #patientexperience #healthcareindustry #healthcaresuccess #patientloyalty #medicalmarketing #patientrelationshipmanagement #patientcentriccare #longtermcare #healthcareservices #doctorpatientrelationship #patientcommuication #customerloyalty #healthcareproviders #patientsatisfaction #medicalpacticegrowth #healthcareinnovation #patientcarestrategies #healthandwellness #clinicianscheck #patientneeds #patientpriorities #patientloyaltyprogram #patientengagementstrategies