Physicians News Health news for doctors and patients.

Formal benchmarking techniques offer a more structured approach to the establishment of business parameters and the review of financial progress against baseline values.

The managed care environment is fraught with liability risk right now, but exposure can be reduced in many cases without operational disruption.

There are a string of Pennsylvania cases addressing the issue of when a physician may have an obligation to a non-patient third party in the realms of mental health care and communicable disease transmission.

Compiling and analyzing data from single or multiple sources can help identify ways to better utilize resources, evaluate business lines, reveal health patterns, understand the financial performance of an area and lead to better understanding and performance in risk-based contracts.

What if stocks, in the near future, trade at their historic average valuations? Only if you are a market historian can you ever begin to imagine how terrible those thoughts are

Many physicians are surprised to learn that they may make less money after factoring in the buy-in and that they have no additional security. Of course, that should not be the case.

The ideal legal entity for a medical practice would shield physicians personally from practice liability, be nontaxable and be free of requirements, restrictions and limitations in co-ownership arrangements, formation and administration. Most of these objectives can be achieved in whole or in part.

If you use it correctly, the website you establish on the Internet can be an extremely effective marketing tool for your medical practice.

International companies may continue to face a squeeze in profits but have a long-term strategy and the resources to build market share. The mistake is not that we have invested and held, but that we did not buy more.

Once general selection considerations are made, you will want to consider specific features and functions of a billing system from the various users’ perspectives.