Todd Shryock is managing editor of Medical Economics.
What has COVID taught us about the physician shortage in the U.S.?
A bad problem got even worse as the pandemic swept through the country.
What does a practice need to approach collections?
Treat the process as an important cog in your revenue generation.
How can you tell who is making a genuine effort to pay you and who is lying to avoid paying?
Listen carefully and search for mutual solutions.
Cancer care costs U.S. $156.2 billion – mostly in drug expenses
Medication is the biggest expense for breast, lung, lymphoma, and colorectal cancers
How can you handle patient collections without creating ill-will?
Empathy and financial options go a long way.
How important is consistency when it comes to patient collections?
Following the same guide for everyone avoids problems.
How do you determine who to send to collections?
Create a process that everyone should follow.
Telehealth usage surges, but satisfaction declines
Telehealth technical challenges frustrate many patients
What mistakes do practices make when it comes to collections?
Take the right approach to maximize your return.
More non-physicians projected to handle primary care
Increasing retirement and proliferation of non-physician practitioners driving changes
How often should physicians review their investment strategy?
Markets change over time, so don’t let your plan be static.
Will the number of cyberattacks on health care organizations continue to increase?
Medical practices and health care organizations have data that hackers value.
How physicians can protect their income with insurance
What would happen if you couldn’t practice medicine any longer?
How long can it take a healthcare organization to recover from a cyberattack?
A breach can hurt profits and reputation, doing long-term damage.
Covid exacerbates physician shortage
The physician shortage means doctors face increasing burnout rates, loss of autonomy, and greater financial threats from non-physician practitioners
Don’t make your loan situation worse
Physicians who enter practice for the first time often rapidly increase their lifestyle, which can have dramatic consequences for them in the long-term.
How often should a practice’s incident response plan for cyberattacks be reviewed?
Cybercriminal tactics change regularly, so a response plan needs to reflect that.
Delta variant hit hospitals hard
Margins in August still low along with many volume metrics
What an incident response plan for a cyberattack should include
Every practice should have a detailed plan that outlines what steps need to be taken and in what order if a breach occurs.
Is there a point in time when physicians should just pay off their remaining loans if they have the means to do so?
Being rid of student loans once and for all can be a gratifying feeling, but will it jeopardize your retirement?
Federal Reserve: No rate hike…yet
Economic outlook for the year cut as inflation increases.
Telehealth can boost patient acquisition, loyalty
Study shows patients more loyal when telehealth is offered as an option.
What investments should physicians focus on when they start to invest?
There are many financial vehicles that can work with doctors, as long as they have a solid strategy.
4 ways to stop ransomware from destroying your practice
Don’t let this major IT threat take you hostage.
Will rising interest rates affect how physicians should approach debt repayment?
If rates rise, doctors should take a fresh look at their financial strategy.
The right way to handle patient collections
Collecting from non-paying patients is vital to keeping a practice open
Unvaccinated COVID-19 hospitalizations have cost billions of dollars
Taxpayers ultimately picking up the tab for those refusing the jab
8 things you must do to fire a practice employee
Letting someone go is never easy, but here are key tips to handle it the right way.
Pandemic still affecting patient payment and care
Treatment delays and trouble paying are still major challenges.
Requiring COVID-19 vaccination for sporting events and concerts would sway some to get the shot
Survey suggests a sizeable portion of unvaccinated adults could be convinced to get the shot