Protect Yourself and Your Practice from Identity Theft
January 22nd 2010Physicians' exposure to identity theft doesn't end at protecting a patient's health and financial information. They must also ensure that their own personal information is not at risk. The following strategies will help you prevent red flags from becoming major problems.
Leadership and Medical Finance
January 21st 2010Our representative organizations have long existed largely to maintain the external status quo, and in doing so, are losing ground. We need to modify our training curricula to acknowledge the need for teamwork, leadership, and better business understanding. But we do not have the people or structure poised to get ourselves there.
Physician Practices Benefit from Outsourcing Billing Operations
January 12th 2010Everyone makes mistakes; that's why they make erasers. But when it comes to medical billing, the mistakes can be costly. For example, it is estimated that billing errors can lead to loss rates of up to 10% of a physician practice group's revenue. That's significant money. Outsourcing, however, can eliminate those errors by putting all or portions of a practice's billing operation in the hands of specialists.
Charitable Giving Makes Sense Personally and Professionally
January 11th 2010It's often said that the holidays are the perfect time of year for giving. That's true, but charitable giving is a rewarding and beneficial endeavor any time of the year. It benefits those around you, and for physicians, it places a positive light on their medical practice.
Novartis Seeks to Buy Rest of Alcon for $39 Billion
January 11th 2010Novartis, which was widely tipped to snap up Nestle's stake as soon as its option allowed, also aims to buy out the 23 percent held by minority shareholders for $11.2 billion, ending uncertainty over whether or not it would seek full control.