Imagine this: you're comparing health insurance plans for your employees, juggling brochures and premium quotes. Your broker confidently recommends Plan A, highlighting its comprehensive coverage. ...
On average, doctors spend two-thirds of their workdays filling out paperwork, which restricts the time they spend with patients. This is largely a result of health care regulations, which make it...
At a time when reimbursement rates are being squeezed, what you don’t need is someone surreptitiously removing money from your practice. Yet, that’s exactly what some staff members are doing to the...
The changes in revenue recognition present two major issues. In this month's article, Maria will address the first issue. Next month she will complete this two part series.
Let’s face it — most business and medical practices don’t have the problem of being too efficient in their operations. On the contrary, many medical practices suffer from a range of bottlenecks and...
Many opportunities may arise in a physician practice for providing ancillary services, depending on the nature of that practice as well as the physicians’ interests. A short list includes anesthesia,...
Every medical practice faces ongoing challenges in maintaining a successful bottom line. New challenges arise whenever Medicare and Medicaid policy, or the economy, changes. Still, a handful of...
Management expert Peter Drucker famously said, “If you can’t measure it, you can’t improve it.” Within a medical practice, it’s possible — though not necessarily desirable — to measure anything and...