How to decide how much to charge your patients in 2025
How to decide how much to charge your patients in 2025 Setting consultation fees is about more than covering costs – it’s about finding the right balance between keeping healthcare accessible for your patients & supporting the growth of your practice. While a basic equation like (annual income + overhead costs) / number of consultations […]
Impact of medical scheme tariff increases on private practices
Understanding the impact of medical scheme tariff increases on private practices Medical scheme tariff increases present a dual-edged challenge for private practices, impacting everything from revenue to patient affordability. With most of the major medical schemes announcing tariff increases for 2025 at over 10%, the change directly influences reimbursement rates, revenue management, & ultimately, a […]
Setting goals for your practice in 2025
Setting goals for your practice in 2025 As 2024 draws to a close, it’s a good time to assess the past year & determine where you are headed. As a business owner, you’ll know that setting goals isn’t just an annual exercise or creating a wish list. It’s a strategic step toward creating a thriving, […]
Celebrating 25 years together
An Open Letter from Healthbridge’s CEO: Celebrating 25 Years Together Dear Valued Healthcare Clients, As we commemorate 25 years since our founding, I am moved to reflect on the journey we have shared and to express my deep gratitude for your ongoing trust and partnership. Reaching this milestone is an opportunity to pause and thank […]
Health tech solutions transform practice profitability
Health tech solutions transform practice profitability Technology has the potential to completely transform how a private healthcare practice operates – for the better. From reducing administrative burdens to expanding patient access, health tech solutions not only streamline workflows but also contribute directly to improved profitability. This blog explores specific ways technology can deliver measurable financial […]
Overcoming healthcare technology adoption fears
Overcoming healthcare technology adoption fears For private medical practices, technology is an essential tool to enhance patient care, streamline operations, & stay competitive. Despite these (& other) clear benefits, many practices are reluctant to adopt new technology. Among some of the more common concerns are upfront costs, possible disruption to workflows, & security risks. For […]
How to overcome top financial challenges for private practices
Top financial challenges for private practices & how to overcome them Running a private healthcare practice can feel like walking a tightrope, constantly balancing the pressure to maintain profitability while delivering high-quality care. From billing complexities to operational inefficiencies, there are significant financial hurdles that can put significant strain on even the most established practices. […]
How EMRs Streamline Consultations & Outcomes
How EMRs streamline consultations & outcomes When you’re in consultation with a patient, you’re not just listening to their words. You’re mentally cataloging symptoms, assessing their medical history, & observing subtle physical cues or body language that might reveal more than the conversation itself. At the same time, you’re thinking ahead to possible diagnoses & […]
AI – A powerful tool to save doctors time without sacrificing quality care
AI: A powerful tool to save doctors time without sacrificing quality care General Practitioners (GPs) are no strangers to the pressure cooker of modern healthcare. With medical knowledge doubling every 72 days, & patient expectations at an all-time high, it’s clear that time is the most precious commodity for doctors today. But what if AI […]
5 Ways to set your medical practice up as a valuable asset
5 Ways to set your medical practice up as a valuable asset At some point, every doctor faces a transition. Whether it’s relocating, retiring, or moving on for another reason. When you find yourself making a change, your practice is a valuable asset that can be sold. For most, this is key to ensuring a […]