Medical Money Matters with Jill Arena

Episode 184: Busy, Burned Out, and Barely Profitable? What Top Groups Do Differently - Part 1

Send us Fan Mail [https://www.buzzsprout.com/2056798/fan_mail/new] Why do some medical groups thrive while others constantly struggle — even in the same market? Have you ever looked at two practices in the same city, with similar physicians, similar patient populations, and similar payer contracts… and wondered why one group seems calm, strategic, financially healthy, and growing — while the other feels stressed, chaotic, reactive, and constantly fighting fires? That difference is rarely luck. High-performing medical groups think differently. They make decisions differently. They build systems differently. They lead differently. They invest differently. And perhaps most importantly, they understand that success in healthcare today requires far more than simply being clinically excellent. Because let’s be honest — almost every physician group is working hard. That’s not the differentiator anymore. The differentiator is operational intelligence. The differentiator is leadership. The differentiator is culture. The differentiator is the ability to think strategically instead of reactively. And today, we’re going to talk about what high-performing medical groups actually do differently. Not from a theoretical textbook perspective. From the real-world trenches of healthcare operations. Because thriving organizations don’t happen accidentally. They are built intentionally. Please Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill’s company, Health e Practices’ website: https://healtheps.com/ [https://healtheps.com/] Subscribe to our newsletter, Health e Connections: https://share.hsforms.com/1FMup6xLPSpeA8hB77caYQwd32sx?hsCtaAttrib=171926995377 [https://share.hsforms.com/1FMup6xLPSpeA8hB77caYQwd32sx?hsCtaAttrib=171926995377]  Want more formal learning? Check out Jill's newly released course: Physician's Edge: Mastering Business & Finance in Your Medical Practice. 32.5 hours of online, on-demand CME-accredited training tailored just for busy physicians. Promo pricing available now: https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000 [https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000]  Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self [https://smile.amazon.com/Physician-Heal-Thy-Financial-Self/dp/1735228303/ref=sxts_rp_s_1_0?content-id=amzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337%3Aamzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337&crid=178XL19GD3PJR&cv_ct_cx=physician+heal+thy+financial+self&keywords=physician+heal+thy+financial+self&pd_rd_i=1735228303&pd_rd_r=be608269-b4f4-468d-85c8-852520e8217c&pd_rd_w=nSrNT&pd_rd_wg=S06c5&pf_rd_p=acfa156f-6066-4c30-8587-c628ec07e337&pf_rd_r=8CWMZTV9506RQXD8DS0V&psc=1&qid=1665893708&qu=eyJxc2MiOiIwLjAwIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sprefix=physician+heal+thy+financial+self%2Caps%2C131&sr=1-1-f0029781-b79b-4b60-9cb0-eeda4dea34d6]  Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ [https://www.facebook.com/groups/3834886643404507/] Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ [https://www.underthepiano.ca/] Visit Craig’s website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/ [https://www.communicationtwentyfourseven.com/]

Episode 183: The Million Dollar Problem No One’s Talking About: Physician Undercoding

Send us Fan Mail [https://www.buzzsprout.com/2056798/fan_mail/new] What if your organization’s biggest revenue problem has nothing to do with payer contracts? Think about that for a moment. Because in healthcare, we spend enormous amounts of time obsessing over payer negotiations, denials, collections, reimbursement schedules, staffing ratios, labor costs, and operational efficiency. Entire leadership meetings are devoted to squeezing another one or two percent out of contracts. But what if the revenue problem starts long before the claim is ever submitted? What if the biggest leak in your organization is happening quietly, invisibly, every single day inside the clinic? Today we’re uncovering the million-dollar problem nobody is talking about: physician undercoding. Please Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill’s company, Health e Practices’ website: https://healtheps.com/ [https://healtheps.com/] Subscribe to our newsletter, Health e Connections: https://share.hsforms.com/1FMup6xLPSpeA8hB77caYQwd32sx?hsCtaAttrib=171926995377 [https://share.hsforms.com/1FMup6xLPSpeA8hB77caYQwd32sx?hsCtaAttrib=171926995377]  Want more formal learning? Check out Jill's newly released course: Physician's Edge: Mastering Business & Finance in Your Medical Practice. 32.5 hours of online, on-demand CME-accredited training tailored just for busy physicians. Promo pricing available now: https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000 [https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000]    Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self [https://smile.amazon.com/Physician-Heal-Thy-Financial-Self/dp/1735228303/ref=sxts_rp_s_1_0?content-id=amzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337%3Aamzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337&crid=178XL19GD3PJR&cv_ct_cx=physician+heal+thy+financial+self&keywords=physician+heal+thy+financial+self&pd_rd_i=1735228303&pd_rd_r=be608269-b4f4-468d-85c8-852520e8217c&pd_rd_w=nSrNT&pd_rd_wg=S06c5&pf_rd_p=acfa156f-6066-4c30-8587-c628ec07e337&pf_rd_r=8CWMZTV9506RQXD8DS0V&psc=1&qid=1665893708&qu=eyJxc2MiOiIwLjAwIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sprefix=physician+heal+thy+financial+self%2Caps%2C131&sr=1-1-f0029781-b79b-4b60-9cb0-eeda4dea34d6]  Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ [https://www.facebook.com/groups/3834886643404507/] Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ [https://www.underthepiano.ca/] Visit Craig’s website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/ [https://www.communicationtwentyfourseven.com/]

Episode 182: How to Harness Data Abundance with AI: A Conversation with Saurabh Gupta, MD

Send us Fan Mail [https://www.buzzsprout.com/2056798/fan_mail/new] In this episode, I sit down with Saurabh Gupta, MD — physician, healthcare technology executive, and Founder & CEO of CorMetrix — for a timely conversation about the explosion of healthcare data and how artificial intelligence can help physicians and healthcare organizations make sense of it.  With decades of experience spanning clinical medicine, enterprise healthcare technology, data strategy, and innovation, Dr. Gupta brings a unique perspective to the intersection of medicine, AI, and operational intelligence. We explore how healthcare leaders can move beyond data overload to uncover meaningful insights that improve decision-making, efficiency, compliance, and ultimately patient care. We walk through security concerns, "human in the loop" versus fully autonomous models, and lastly, we take a look ahead at the next 3-5 years. Saurabh can be contacted via email at: sg@cormetrix.com [sg@cormetrix.com] or via LinkedIn at: https://www.linkedin.com/in/gupta-md/ [https://www.linkedin.com/in/gupta-md/] and the CorMetrix website is here: https://cormetrix.com/ [https://cormetrix.com/] Please Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill’s company, Health e Practices’ website: https://healtheps.com/ [https://healtheps.com/] Subscribe to our newsletter, Health e Connections: https://share.hsforms.com/1FMup6xLPSpeA8hB77caYQwd32sx?hsCtaAttrib=171926995377 [https://share.hsforms.com/1FMup6xLPSpeA8hB77caYQwd32sx?hsCtaAttrib=171926995377]  Want more formal learning? Check out Jill's newly released course: Physician's Edge: Mastering Business & Finance in Your Medical Practice. 32.5 hours of online, on-demand CME-accredited training tailored just for busy physicians. Promo pricing available now: https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000 [https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000]  Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self [https://smile.amazon.com/Physician-Heal-Thy-Financial-Self/dp/1735228303/ref=sxts_rp_s_1_0?content-id=amzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337%3Aamzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337&crid=178XL19GD3PJR&cv_ct_cx=physician+heal+thy+financial+self&keywords=physician+heal+thy+financial+self&pd_rd_i=1735228303&pd_rd_r=be608269-b4f4-468d-85c8-852520e8217c&pd_rd_w=nSrNT&pd_rd_wg=S06c5&pf_rd_p=acfa156f-6066-4c30-8587-c628ec07e337&pf_rd_r=8CWMZTV9506RQXD8DS0V&psc=1&qid=1665893708&qu=eyJxc2MiOiIwLjAwIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sprefix=physician+heal+thy+financial+self%2Caps%2C131&sr=1-1-f0029781-b79b-4b60-9cb0-eeda4dea34d6]  Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ [https://www.facebook.com/groups/3834886643404507/] Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ [https://www.underthepiano.ca/] Visit Craig’s website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/ [https://www.communicationtwentyfourseven.com/]

Episode 181: The Power of Private Practice: Why Independence, Community, and Connection Still Matter

Send us Fan Mail [https://www.buzzsprout.com/2056798/fan_mail/new] Today I want to talk about something that is deeply important to me, and I suspect deeply important to many of you listening today — the future of independent private practice, and why community matters now more than ever. This past weekend, we gathered in Portland, Oregon for the Caduceus Masquerade Ball, a celebration of independent medicine and the people who dedicate their lives to caring for our communities. And honestly, it was extraordinary. The room was filled with physicians, practice administrators, healthcare leaders, consultants, and supporters of private practice. There was elegance and laughter and music and conversation. People who had emailed each other for years finally met face to face. Specialists met referring physicians they had never actually met in person despite sharing patients for years. Colleagues reconnected. New relationships formed. And perhaps most importantly, there was this unmistakable feeling in the room — hope. Not denial about the challenges in healthcare. Not pretending everything is easy. But hope grounded in the realization that we are still stronger together than we are apart. What made the evening even more meaningful was that the Caduceus Ball was also a fundraiser supporting three local nonprofit organizations that serve physicians, healthcare teams, and medical practices in our community. So everyone attending wasn’t just celebrating — they were also contributing to causes that strengthen healthcare locally. There is something profoundly uplifting about gathering together not only for ourselves, but also in service of others. That sense of generosity and shared purpose changes the energy in a room. And it reminded me of something important: Private practice is not simply a business model. It is a community model. Please Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill’s company, Health e Practices’ website: https://healtheps.com/ [https://healtheps.com/]  Want more formal learning? Check out Jill's newly released course: Physician's Edge: Mastering Business & Finance in Your Medical Practice. 32.5 hours of online, on-demand CME-accredited training tailored just for busy physicians. Promo pricing available now: https: [https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000] Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self [https://smile.amazon.com/Physician-Heal-Thy-Financial-Self/dp/1735228303/ref=sxts_rp_s_1_0?content-id=amzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337%3Aamzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337&crid=178XL19GD3PJR&cv_ct_cx=physician+heal+thy+financial+self&keywords=physician+heal+thy+financial+self&pd_rd_i=1735228303&pd_rd_r=be608269-b4f4-468d-85c8-852520e8217c&pd_rd_w=nSrNT&pd_rd_wg=S06c5&pf_rd_p=acfa156f-6066-4c30-8587-c628ec07e337&pf_rd_r=8CWMZTV9506RQXD8DS0V&psc=1&qid=1665893708&qu=eyJxc2MiOiIwLjAwIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sprefix=physician+heal+thy+financial+self%2Caps%2C131&sr=1-1-f0029781-b79b-4b60-9cb0-eeda4dea34d6]  Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ [https://www.facebook.com/groups/3834886643404507/] Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ [https://www.underthepiano.ca/] Visit Craig’s website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/ [https://www.communicationtwentyfourseven.com/]

Episode 180: Drowning in Reports, But Still Guessing? How to Turn Practice Data Into Real Decisions

Send us Fan Mail [https://www.buzzsprout.com/2056798/fan_mail/new] Today we’re talking about something that is hiding in plain sight in almost every practice I work with—and that is your data. Because here’s the truth: most practices are sitting on a goldmine of data inside their EMR and practice management system… but very few are actually using it to make better business decisions. You’ve got reports. You’ve got dashboards. You’ve got numbers. But if you’re like most physicians and practice leaders, you’re still asking: what does this actually mean, what am I supposed to do with this, and why do I feel like I’m drowning in information but still guessing on decisions? If that sounds familiar, you’re not alone—and you’re not behind. You just haven’t been given the right framework yet. So today, I’m going to walk you through what business intelligence actually means in a medical practice, why most practices don’t fully use their data, why having the right analyst can completely change your trajectory, and three very practical ways you can start using your data to make better decisions starting now. Please Follow or Subscribe to get new episodes delivered to you as soon as they drop! Visit Jill’s company, Health e Practices’ website: https://healtheps.com/ [https://healtheps.com/] Subscribe to our newsletter, Health e Connections: https://share.hsforms.com/1FMup6xLPSpeA8hB77caYQwd32sx?hsCtaAttrib=171926995377 [https://share.hsforms.com/1FMup6xLPSpeA8hB77caYQwd32sx?hsCtaAttrib=171926995377]  Want more formal learning? Check out Jill's newly released course: Physician's Edge: Mastering Business & Finance in Your Medical Practice. 32.5 hours of online, on-demand CME-accredited training tailored just for busy physicians. Promo pricing available now: https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000 [https://education.healtheps.com/offers/Ry3zfLYp/checkout?coupon_code=PHYSEDGE3000]  Purchase your copy of Jill’s book here: Physician Heal Thy Financial Self [https://smile.amazon.com/Physician-Heal-Thy-Financial-Self/dp/1735228303/ref=sxts_rp_s_1_0?content-id=amzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337%3Aamzn1.sym.acfa156f-6066-4c30-8587-c628ec07e337&crid=178XL19GD3PJR&cv_ct_cx=physician+heal+thy+financial+self&keywords=physician+heal+thy+financial+self&pd_rd_i=1735228303&pd_rd_r=be608269-b4f4-468d-85c8-852520e8217c&pd_rd_w=nSrNT&pd_rd_wg=S06c5&pf_rd_p=acfa156f-6066-4c30-8587-c628ec07e337&pf_rd_r=8CWMZTV9506RQXD8DS0V&psc=1&qid=1665893708&qu=eyJxc2MiOiIwLjAwIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sprefix=physician+heal+thy+financial+self%2Caps%2C131&sr=1-1-f0029781-b79b-4b60-9cb0-eeda4dea34d6]  Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ [https://www.facebook.com/groups/3834886643404507/] Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ [https://www.underthepiano.ca/] Visit Craig’s website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/ [https://www.communicationtwentyfourseven.com/]