Healthcare
Showing 433–448 of 454 results
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Assess your billing/collections process by asking the right questions
Summer 2008
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 894
Abstract: One area that every medical practice should regularly assess is billing/collections. Asking the right questions, and investigating the responses if necessary, can help management decide whether there’s an issue that needs to be addressed. This article provides a handy checklist to do just that.
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PRIDE and the 4 C’s of quality care — A winning combination
Summer 2008
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 1062
Abstract: The solution to running a successful medical practice appears to be simple: Provide quality care and patients will be satisfied, right? Not so. To be successful in today’s practice environment, physician offices must address two aspects of quality — patient service and medical care. This article looks at two ways to boost the “patient service” part of the equation: 1) a program called Personal Responsibility In Delivering Excellence, or PRIDE©, and 2) the four C’s of quality care.
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Beef up revenues by conducting clinical trials
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 639
Abstract: In 1990, about 5,000 physicians were conducting clinical research. By 2007, that number had increased tenfold, according to the Urology Times. There’s a good reason for the dramatic increase: Many practices are able to earn as much as $250,000 a year from clinical research. Using a practice’s patient base to carry out clinical research can clearly be a major source of new revenue. However, it’s no cakewalk. This article takes a look at what’s involved.
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Stark law Phase III regulations address fair market value for physician compensation
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 253
Abstract: On Dec. 4, 2007, Phase III regulations of the Stark law became effective. The Stark law prohibits physicians from making referrals of designated health services payable by Medicare to an entity with which the physician has a financial relationship, unless certain exemptions or safe harbors apply. This article discusses one such safe harbor that was eliminated under the Phase III regs that concerned methodologies for determining fair market value for physician compensation.
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Financing new EHR systems – Which option is best for you?
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 929
Abstract: Electronic health record (EHR) systems are likely to be a required investment for physician practices in the next few years. At estimated costs of anywhere from $11,000 to $96,000 per physician over a three-year period, many practices simply won’t have the cash on hand to purchase the necessary hardware, software and supporting services. This article delves into the financing options currently available, to help you decide which is the best one for your practice.
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The right stuff: Recruiting physicians
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 632
Abstract: If your practice needs some fresh faces, this article is a must-read. It explains how to develop a systematic approach to the recruiting process, starting with developing a job description based on input gathered from your current physicians. It also offers tips on how to find and identify the best candidates; understand the realities of your marketplace and how they will influence your recruiting efforts; and the pros and cons of working with physician recruiting firms. (Updated 2/29/12)
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7 proven moneymakers for physician practices
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 1118
Abstract: In many practices, physicians are having to work more hours, perform more procedures and deliver more services just to maintain their income at current levels. Something is wrong with that picture. This article offers seven revenue-generating strategies for your practice, including how to maximize reimbursements and cash flow, offering new ancillary services, and optimizing physician time, among others. A sidebar offers hints on how you can keep courtesy and clerical services from robbing your bottom line. (Updated 2/29/12)
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On-call duties remain a contentious issue for many hospital physician groups
Spring 2008
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 771
Abstract: Many hospital physician groups dread the day that a senior partner informs the other partners that he or she is no longer interested in being “on call.” The problem, of course, is that, if one member of a group doesn’t wish to take calls, the remaining group members must make sure the calls are covered. This article suggests some potential solutions to this always-tricky dilemma.
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12 strategies for getting your practice through difficult financial times
Spring 2008
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 514
Abstract: Depending on what you read, turbulent financial times are, if not here, at least threatening. This article offers 12 strategies that practices should implement annually but that are especially important when times get tough.
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Bring both direct and intrinsic value to your practice with clinical trials
Spring 2008
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 774
Abstract: Because of the prestige and publication rights of the trials, clinical trials have historically been centered in academic medical settings. Yet because of the motivation to get products to market within a reasonable time frame, the industry has turned to working with private physician groups to expedite the process. This article explains how offering clinical trials to patients can bring both direct and intrinsic value to a practice.
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Practice mergers — No detail is too small to consider
Spring 2008
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 976
Abstract: Many nonmedical businesses use mergers as a means to grow and meet strategic needs. The medical community, however, tends to shrink from mergers for a variety of reasons. This article points out that there are some valid reasons to merge medical practices, though doing so should be approached with great caution and an eye for details.
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Could your practice use an air traffic controller? — Floor controller/managers can maximize exam room profitability
Spring 2008
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 770
Abstract: An empty exam room with a physician ready to see a patient can cost a practice between $45 and $125 a day in lost revenue. And that’s revenue that the practice may never recoup. This article discusses reasons to consider hiring a floor controller/manager, an employee who acts as sort of an “air traffic controller” to ensure exam rooms are cleaned and turned over in a timely manner.
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Practice builders – Offering radiology services as a new revenue stream
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 467
Abstract: This article tackles the subject of offering radiology services to boost your revenue stream. With the annual market for imaging services closing in on some $100 billion, it’s no wonder that physicians are giving radiology services a close look. This article discusses how to analyze bringing in such a service. (Updated 8/29/12)
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Fewer physicians in small, self-owned practices
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 155
Abstract: This issue’s “Vital Stats” explores the implications of a national study by the Center for Studying Health System Change regarding small, self-owned medical practices. The study found that the proportion of physicians in solo and two-physician practices decreased significantly in the last decade.
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Issues complicate payment amount – Fair pay for physicians serving as hospital medical directors
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 733
Abstract: Physicians who are highly regarded by their peers often agree to serve as medical directors of specialty departments in local hospitals. Hospitals and medical directors alike understand that such relationships must be formalized, with compensation being commensurate with the physician’s duties and authority. This article delves into how to establish fair pay for hospital medical directors, without running afoul of federal laws and statutes. (Updated 2/29/12)
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Brace yourself – Pay for performance will change your professional life
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 1017
Abstract: Like it or not, pay for performance (P4P) is here to stay, and physicians need to face that reality by preparing themselves both operationally and psychologically. This article gives an update on where the health care system is today in regard to P4P programs, and offers some interesting statistics on how these programs are being administered. Finally, the article provides timely tips to help prepare your practice for P4P. An informative sidebar discusses the Physician Quality Reporting Initiative, Medicare’s first step toward P4P.