Maximize Your Practice’s Efficiency With My Practice

Managing an independent medical practice is not easy. Juggling workflows, billing, and ever-changing regulations can feel like a never-ending challenge. That’s where My Practice, a CAP member exclusive benefit, can provide guidance. 

What Is My Practice?

My Practice offers free practice management consulting to help physicians and their staff navigate the complexities of running a practice for enhanced efficiency and profitability. CAP members can get customized support in key areas of practice management operations. 

2025 Physician Fee Schedule Updates: Projected Payment Reductions and Key Revisions

On November 1, 2024, the Centers for Medicare & Medicaid Services (CMS) released the final rule for the 2025 calendar year (CY), which includes significant updates to the Medicare Physician Fee Schedule (PFS) and the Quality Payment Program (QPP). 

The new payment rates and telehealth guidelines took effect on January 1, 2025. The projected 2.83% reduction in payment rates is expected to have a financial impact on physician practices, particularly as operational costs continue to rise. 

Exceptional Customer Service Matters in the Medical Practice
Customer service in healthcare is crucial for ensuring patient satisfaction, enhancing the overall patient experience, and improving health outcomes.
Enhancing Employee Satisfaction in Healthcare
Senate Bill 525 (SB 525), scheduled to go into effect in June of 2024, establishes a minimum wage schedule for covered entities, and will require these entities to increase the minimum wage for many categories of workers to up to $25 per hour.
Maximizing Technology to Enhance Practice Operations

There are several key areas where technology can be implemented into a medical practice to optimize and streamline the flow of the practice and help to increase revenue.