Because plan contributions are currently deductible, and the growth on the plan assets is not subject to tax while in the plan, there is an extremely powerful financial incentive to establish and maintain such a plan.

Some issues to consider - whether you plan to become an employee of an already established family medical practice, purchase a practice, start a practice or become an equity member of a practice.

Organizations destined for the greatest success with physician staffing will devote at least as much attention to retention as they place on recruitment. With every month that an open physician position remains unfilled impacting the bottom line, effective retention will be essential to each organization’s financial stability.

We can now begin to assess to what degree the regulations met their stated goal of reducing confusion and easing many of the burdens faced by hospital emergency departments, while still ensuring that individuals will receive appropriate screening and emergency treatment, regardless of their ability to pay.

As physicians and hospitals experience growing pressure to increase the quality of their outcomes, enhance the safety of their patients and lower the cost of their care, analysts expect greater attention and scrutiny to be given to the accountability function of patient satisfaction scores, and to ways in which patient satisfaction measurement can be further integrated into an overall measure of clinical quality.

If you're like most physicians, you don't even dedicate one day per month to see how you could reduce your tax liability.

In multiple doctor medical practices, setting up the recordkeeping system to reflect each doctor as her own profit center will give insight into the expenses each doctor is absorbing against revenue directly generated by her.

When necessary, discipline may be implemented, up to and including termination of employment. Implementing uniform practices when managing your employees will likely improve the overall efficiency of your practice, while reducing your legal exposure.

On its face, Pa.’s prompt-pay law appears quite promising. In practice, however, the law has not provided much help for physicians or deterred recalcitrant payers.

You can use two types of specialized computer software to analyze your financial and operational information in order to detect fraud: Data Extraction software and Financial Analysis software.