decisionhealth Newsletters, Part B News - 2012 Issue 10 (October)
Consider using your patient portal to enhance practice revenue
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Article Overview
This article examines how practices can evaluate patient portals as a potential revenue-supporting tool. It covers broad considerations around online consults, portal access fees, payer policies, patient acceptance, accountable care relationships, and meaningful use expectations. The piece is aimed at practice managers, physicians, and coding/reimbursement professionals who want to understand the business and compliance context of patient portal decisions.
Why This Topic Matters
Patient portals can affect revenue, patient satisfaction, payer relationships, and incentive-program participation. Understanding the business and policy considerations helps practices decide whether and how to offer portal services.
Article Sections
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Practice management
Introduces the business rationale for patient portals and their potential role in practice operations and incentive-program participation.
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Charging for online consults
Discusses the general idea of receiving payment for virtual patient interactions and the broader reimbursement environment for such services.
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Charging for portal access
Covers portal subscription models, vendor arrangements, and the broader controversy around paid access to portal features.
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Assess portal revenue possibilities
Outlines high-level factors practices may consider when evaluating whether a portal model fits their patient population, payer mix, and business relationships.
What You Will Learn
- How patient portals may be evaluated as a source of practice revenue
- What broad factors influence whether online consults or portal access fees are practical
- How meaningful use considerations relate to patient portal planning
- What payer, patient, and business-partner issues may affect portal strategy
- What general types of value-added services are discussed in connection with portal offerings
Who Should Read This
- Physicians
- Practice managers
- Medical office administrators
- Revenue cycle professionals
- Coding and reimbursement staff
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