Medicine & Business

There are several important steps to making an expense budget work for your practice. Consider how to benchmark your expenses.

With the equity MSO, physicians still decide how patients are managed, with no corporation lurking around the corner to tell them how to practice medicine.

A practice assessment can identify trends, provide process improvements and provide recommendations to improve cash flow and reduce costs of your medical practice.

Proper office mechanics can lead to a better bottom line by eliminating the losses associated with repetitive stress injuries, poor employee performance and wasted time.

Before embarking on the long, somewhat tedious and costly road of developing a written strategic plan, find out what your patients and your staff think of both the practice and you.

Managing your accounts receivable process effectively and efficiently may require you to change your thinking about third party follow-up

Without central governance and physical integration, a merged group is nothing more than a collection of independent practices whose collective expenses will ultimately be greater than the sum of the individual practice expenses.

Instead of complaining about it, let’s ask what each of us can do for self-protection.

Hospitals are exploring options for financial improvement of their controlled primary care physician groups. Four fundamental options exist for organizations to make material change.

Developing a well-planned billing audit process is the best way to increase productivity and profitability of a physician practice.