Showing posts with label mdicine. Show all posts
Showing posts with label mdicine. Show all posts

Wednesday, August 4, 2021

Tips on opening an optometry practice’s doors to patients post-pandemic

“Don’t touch your face! COVID-19 can use your mouth, nose, or eyes as a transmission route.” This was the advice echoed everywhere in 2020. Consumers took that warning to heart and, for many, that meant cancelling or putting off their eye care appointments.


But now, as COVID-19 restrictions ease around the country, optometrists in particular can expect a surge in demand from patients tending to the healthcare needs they’d put off for a year.

For some optometry practices, this post-pandemic green light means re-opening for the first time since COVID-19 forced them to pause operations. For others, it means balancing newly adopted service options, such as telehealth, with the demands of those making in-office patient visits, while still adhering to all necessary safety protocols.

There’s no question that the pandemic radically changed how optometrists handled their practices. At the same time, it also inadvertently modernized healthcare service models across the entire medical industry. During the pandemic, shortcomings in the traditional patient journey were brought to light and age-old administrative procedures were forced to undergo an overhaul. Telehealth services, contactless waiting rooms, and pre-visit patient intake are all new procedures facilities across the country have had to adopt.

Right now, for many optometrists and independent specialists, it’s a question of determining which “temporary” COVID-19 response technologies to keep and which are ones patients have come to expect, if not demand, as the “new normal” from their practitioners.

With that as a backdrop, here are some tips that may make re-opening go more smoothly for optometry practices and all other independent specialty practices as well.


Create an Action Plan


Draft a plan for re-opening your doors. This means auditing your staffing needs as well as the floorplan of your facility.
  • How will you handle patient intake?
  • Are you retaining your waiting room?
  • Will you go contactless?
  • If so, how can you repurpose your waiting room space?
  • Are you keeping telehealth services and what space will be allocated to that function?
  • How will you handle forms like medical records and insurance?
  • Could you automate or streamline those administrative duties?
  • Do you have a plan to balance walk-in traffic and appointments?
  • What procedures are in place for in-office social distancing, temperature taking, and office sanitizing?

There’s a lot to address, so coming up with a plan, with input from your staff, is an essential first step.


Communicate with Existing and Potential Patients


Once you know how your in-office procedures are going to work, be sure to communicate this plan to your existing patients through email, website, social media, and over the phone when they make an appointment.

For new patients, or those taking advantage of free/discounted first examinations, be sure there is adequate signage at your facility, so they know how to navigate office safety protocols. Make sure your staff is equally familiar with the new office procedures and are equipped to discreetly handle patients experiencing a learning curve about them.


Evaluate the Benefits of Staggering Your Opening


Ramping up office resources for a full reopening after a period of reduced or no activity won’t be a turnkey task. It takes time to introduce new protocols. To make the transition smoother, more than a few practices have staggered their re-openings, either by starting out with limited hours of operation or building in plenty of padding between appointments. Use that time to iron out any kinks or growing pains associated with your new office procedures.


Consider a Practice Overhaul


Providing a stellar patient experience isn’t something always readily available in every optometrist’s wheelhouse, but the reality is the medical services market has changed, significantly, with the pandemic. New technologies are making inroads at many practices, including your competitors. Why? Because they work for both patients and practitioners.

Is your re-opening an opportunity to update the way your practice handles patients?


How One Practice Revamped its Operations


Kopolow & Girisgen, a full service eye care center with 19 locations in the greater Las Vegas area, recently automated their patient intake, registration, and medical history processes, all of which fully integrate with their existing EMR system. The group practice essentially went paperless and contactless. The end result? They cut down patient visit times by an average of 15 minutes each. That’s a huge time savings when one accounts for a patient load of about 10,000 each month

Eye doctors at the practice report their patients feel more comfortable checking in and are relieved paperwork is handled outside of the office. Administrative staff has much more time to tend to patient needs and phone inquiries, without the burden of manually updating and inputting patient records. Even the appointment making practice has been automated, using a branded phone app that allows patients to manage many logistical aspects of the healthcare visit.


Conclusion


As optometrists and other independent specialty practitioners are permitted to resume regular operations nationwide, it’s important that re-opening procedures embrace new advances in technology and elevated expectations of their returning patients. Recent advances in technology, including patient intake, contactless reception, and paperless record keeping are all innovations that will help your practice take its successful next steps.

15% Off Medical Practice Supplies


VIEW ALL



Manual Prescription Pad (Large - Yellow)


Manual Prescription Pad (Large - Pink)

Manual Prescription Pads (Bright Orange)

Manual Prescription Pads (Light Pink)

Manual Prescription Pads (Light Yellow)

Manual Prescription Pad (Large - Blue)

Manual Prescription Pad (Large - White)


VIEW ALL

Wednesday, May 12, 2021

Asset protection for physician crypto investors

Crypto currency is all the rage and continues to make some physician coin investors small fortunes even as prices swing widely and scams emerge. These are some basic defensive measures to keep your digital wallet safe.


Crypto Fact vs. Fiction


One common bundle of myths about cryptocurrency is, “My coin is creditor proof because it’s secret and no can find it and only I have the key”. Here’s why that’s false and why you shouldn’t hold crypto currency, (or for that matter, any significant amount of non-qualified investment, savings, or other assets) in your own name:
  • Any strategy that relies on “secrecy” also relies on your willingness to commit “perjury” and lie about the existence or value of your holdings in a debtor’s exam, deposition, or similar sworn testimony
  • Any U.S. court that has jurisdiction over you and your assets can order you to tender the assets to satisfy a judgment, this includes access to your crypto wallet
  • Your crypto assets are discoverable through a variety of methods including your tax returns, where you have a legal duty to report crypto profits to the IRS.
  • Failure to report crypto gains is criminal tax evasion and that includes holdings you may be holding through an offshore trust, LLC or similar device. It has come to my attention that physicians have been targeted by marketing that pitches such schemes as being secret, tax free and creditor remote, they aren’t.
One easy place I’d look for evidence that a debtor had crypto holdings: Their social media accounts. Most investors can’t stop talking about it, hyping their coin of choice up and being triggered by any negative news or comments about their magic beans.


Think about how you hold title


Crypto assets held in your own name are subject to all your personal and professional liabilities, just like all your other liquid assets. As such, holding your coin through a properly structured legal entity that is legally distinct from your unrelated risks is best practice. Some commonly used holding structures include LLCs, Limited Partnerships, and irrevocable trust structures. Long term investors can also consider making their crypto holdings an “exempt’ asset by investing in them through qualified, and legally protected retirement plans including self-directed IRAs.


Are your crypto assets included in your estate plan?


Your estate plan should include your valuable digital assets including your crypto holdings. At a minimum, it should allow the trustee of your estate to identify, take control of, and manage those assets. Some of the basics your crypto estate plan should include are:
  • Access to your private key and passwords. If you die without providing access to this asset, it dies with you
  • What coin you bought, when you bought it, and the purchase price
  • How you are holding it, (i.e., in your own name in an LLC, etc.)
  • Details on the platform you are using to hold it, (i.e., using an exchange like Coinbase vs. holding it in an online wallet or offline, in physical device like a removable hard drive)
  • Any specific instructions or wishes on the management and distribution of the assets

Think about physical and digital security issues


You may have seen horror stories about wallets ranging from thousands to millions of dollars in value being lost when a password is lost or physical device is lost, stolen or destroyed. If you are using a physical device, it should be stored in a water and fire-resistant document safe to protect it from basic, recurring risks like flood, fire, hurricane or burglary.

Make sure you understand the security differences in the basic ways you can hold coin. As a recent Tech Radar report explains,

“Despite being a digital currency, there are four different forms of storage for your Bitcoin to choose from: mobile wallets, desktop wallets, web-based wallets, and physical hardware that acts as a wallet”.

The report also advises that Bitcoin.org itself advises that you maintain two separate wallets, one with limited funds for trading and daily access referred to as a “hot” wallet and a secure, physical, offline “hot wallet” that’s stored in a safe and holds the bulk of your coin. The digital nature of purely online wallets means they are always vulnerable to online hacking and malware, so spreading your risk between several holding methods, including keeping the bulk of your holdings offline on a hardware device, is highly recommended.


15% Off Medical Practice Supplies


VIEW ALL



Manual Prescription Pad (Large - Yellow)


Manual Prescription Pad (Large - Pink)

Manual Prescription Pads (Bright Orange)

Manual Prescription Pads (Light Pink)

Manual Prescription Pads (Light Yellow)

Manual Prescription Pad (Large - Blue)

Manual Prescription Pad (Large - White)


VIEW ALL