Rx for Practice Management / Practice Management Advisor
Showing 97–112 of 263 results
-
How to control overhead costs
Fall 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 449
Abstract: Many medical practices don’t have enough specificity in their budgets to determine what’s really going on — let alone where to start making cuts if needed. This article suggests some steps medical practices can take that will help them control their overhead costs, such as breaking down costs into detailed categories, negotiating better malpractice insurance, and evaluating inventory to make sure it’s sufficient — and efficient.
-
Using social media in your practice
Fall 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 689
Abstract: Loosely defined, social media comprises Internet-based platforms that allow people to create, share or exchange information in virtual communities or networks. This article examines the pros and cons of using social media in a medical practice. The article notes that it’s a good idea for a practice to assign one person the role of monitoring its social media presence.
-
Co-management arrangements – Rewarding quality and efficiency can be a win-win
Fall 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 618
Abstract: One way for physicians and other medical providers to improve the efficiency and quality of their services is to use the system of clinical co-management to implement a rewards structure for participants. This article describes co-management arrangements and discusses their control issues, as well as their potential legal implications. The article points out that, in the right circumstances, a co-management arrangement can be beneficial to everyone involved.
-
Should you outsource billing?
Fall 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 850
Abstract: Whether to handle billing in-house or hire an outside billing company is an important decision with significant implications for a practice’s long-term financial health. This article looks at the drawbacks of outsourcing, such as setup fees and locked-in contracts, and the benefits, such as streamlined billing procedures. A sidebar lists 10 factors for a medical practice to consider when hiring an outside company to ensure accurate and reliable billing.
-
Starting a practice: How to develop a budget
Summer 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 510
Abstract: When a physician opens a practice, establishing a sensible budget is a primary concern. He or she needs one that both launches the operation safely and serves it well going forward. This article explains some significant aspects of both the cost and the revenue sides of a budget, noting that some will be decided by the practice’s economics and others will be set by the local economy and what the competition is for good employees in the area.
-
Physician, heal thyself – 10 steps to help avoid burnout
Summer 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 686
Abstract: Being a physician entails handling serious responsibilities concerning patient health, working long hours, and navigating a complex and constantly shifting health care system. If left untreated, exhaustion, cynicism and doubt can lead to physician burnout. This article suggests some steps that can help combat burnout, including accepting limitations, finding a niche and developing a support system.
-
Group medical visits offer upsides and downsides
Summer 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 673
Abstract: Many physicians are apt to dismiss the idea of group medical visits out of hand. But group medical visits can be an effective way to enhance patient services, enabling physicians, practitioners and patients to gain insights and share information in a way that simply can’t occur on a one-to-one basis. This article looks at how group visits work and discusses the benefits and drawbacks.
-
Should you rent or own your practice facility?
Summer 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 893
Abstract: Whether they’re just opening a new practice or building a current one, physicians may need to assess whether owning or renting medical office space best serves their needs — and those of their colleagues, employees and patients. This article explains some pros and cons of both owning and renting and provides some helpful pointers in making this important decision. A sidebar provides an equation for determining the amount of space needed for a new or expanding practice.
-
The power of delegating: Improving practice efficiency
Spring 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 366
Abstract: From a business perspective, spending too much time on nonmedical concerns can reduce a practice’s efficiency — and profits — in the long run. This brief article points out that physicians need to delegate responsibilities so that they spend less time taking care of financial, recordkeeping or other functions unrelated to their medical responsibilities and more time performing the duties of a physician.
-
Catching up with meaningful use in 2017
Spring 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 707
Abstract: “Meaningful use” refers to use of certified electronic health record (EHR) technology. It has had three stages since 2011, and Stage 3 began in 2016. The Medicare Access and CHIP Reauthorization Act (MACRA) essentially replaces the current meaningful use criteria starting in 2017. This article discusses the components and compliance options for 2017, noting that, with the Republican-controlled Congress determined to “repeal and replace” the Affordable Care Act, despite no clearly identified replacement details, there’s some uncertainty surrounding meaningful use requirements.
-
What can you do to prevent employee fraud?
Spring 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 651
Abstract: It’s important for medical professionals to be aware of the potential for employee fraud in their practices and to ensure that their internal controls are designed to provide maximum protection. This article explains the most common types of employee fraud and lists several steps management can take to keep it from happening, such as conducting a risk assessment, separating staff duties and monitoring employee behavior.
-
Taking care of business – 4 strategies for a more dynamic medical practice
Spring 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 810
Abstract: To survive turbulent times, medical practices need to take some basic steps to protect and enhance their bottom lines. This article discusses four strategies, including containing costs and marketing the practice, which can help medical professionals create a more dynamic practice that is better able to adapt to changing needs and circumstances. A sidebar suggests setting up a spaghetti fund to support occasional experimentation with new strategies.
-
Prescription for an ailing practice
Winter 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 451
Abstract: Whether a practice is not doing as well as it should be as a result of poor management decisions or evaporating clients, it’s important to get things on the road to recovery. This brief article notes some reasons a practice might be ailing and offers a series of commonsense solutions to help it thrive again.
-
5 ways to plug revenue leakage
Winter 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 620
Abstract: Physicians often lose track of what’s actually going on in their medical practices’ business operations — and when that happens problems can occur. To help plug any potential revenue leaks, this article offers some tips for staying on top of business processes and suggests five steps to take, including educating patients on estimated expenses, auditing computer systems and offering more services.
-
What’s the best insurance coverage for your practice?
Winter 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 515
Abstract: All medical practices carry insurance policies to protect them against risk — especially medical malpractice insurance coverage. But this isn’t the only type of insurance many practices need. This article explains several other policies a medical practice should consider taking on, and warns of the potential risk if insurance policies haven’t evolved with the business.
-
Bring it on – Adding an associate or partner to your practice
Winter 2017
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 946
Abstract: A practice may consider adding an associate or partner for many reasons — from an increase in practice volume to preparing for eventual sale. But careful consideration of the pros and cons is necessary to ensure there are no regrets down the road. This article looks at some steps to take before making this significant decision, including a thorough analysis of practice goals and how to find a good match.