The ProfitRx

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The ProfitRx

TopHealth Media

5 episodes

1 month ago

Welcome back to The ProfitRx! After a brief hiatus, host Josh Fertel dives straight into the overlooked world of financial literacy in private medical practices. This episode pulls back the curtain on why so many practice owners struggle with their finances, and what makes the current EHR (Electronic Health Record) landscape so frustrating for getting clear answers. Josh shares candid, behind-the-scenes insights about the challenges of deciphering data, collecting patient payments, and why th...

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Episodes (5/5)

The ProfitRx

Why Financial Literacy Is the Missing Link in Private Practice Success

2 months ago

30 minutes

The ProfitRx

Optimizing Cash Flow in Medical Practices: Hybrid Models, Billing Cycles, and Revenue Growth

Welcome back to The ProfitRx, the podcast dedicated to relieving the financial pains of medical practices. In today’s episode, Josh Fertel, an expert in billing, revenue cycle management, and revenue optimization, dives deep into one of the biggest challenges facing healthcare practices: cash flow. Josh shares his insights on what an ideal billing and reimbursement cycle looks like, where clinics commonly get tripped up, and the profound impact of delays on practice operations. The conversati...

6 months ago

43 minutes

The ProfitRx

Mastering Smart Investments: Avoiding Shiny Object Syndrome in Medical Practices

Welcome to another episode of The ProfitRx! In today's engaging conversation, Vivek sits down with special guest Josh Fertel to dive deep into the world of smart investments for medical practices. From avoiding the dreaded shiny object syndrome to maximizing patient care, Josh and Vivek share valuable insights on making savvy financial decisions. They'll explore how to determine when a big purchase is worth the risk and the importance of focusing on patient outcomes. Plus, you'll hear p...

7 months ago

44 minutes

The ProfitRx

Uncovering Revenue Leaks: Spotting Opportunities and Optimizing Medical Practice Profits

In this episode of The ProfitRx, host Josh Fertel dives into the intricacies of diagnosing revenue leaks within medical practices. Join the conversation as Josh recounts his initial experiences in identifying hidden financial pitfalls in medical practices, focusing on the benefits of Medicare's Chronic Care Management program. Josh also explores effective strategies to optimize revenue without increasing patient load, emphasizing the importance of proactive billing practices and patient...

8 months ago

42 minutes

The ProfitRx

Transforming Financial Aches into Profits in Medical Practices with Josh Fertel

Welcome to the inaugural episode of The ProfitRx, hosted by Josh Fertel, where we dive into the world of transforming the financial struggles of medical practices into thriving profits. In this episode, Josh Fertel who brings a wealth of experience from both the car business and the medical billing industry shares his journey from managing car dealerships to establishing a successful medical billing company. With candid insights, Josh explores the challenges medical providers face in financ...

9 months ago

35 minutes