Practice Finance

Insight into a doctor's New Year's resolutions...

Many times a patient’s “Oh, by the way …” comment turns an encounter that was scheduled as a preventive medicine visit or a minor office surgery into something more.

Practice transformation to a direct pay or concierge model is one solution physicians are taking to deal with burnout, declining revenue and payer hassles.

James Underberg, MD, discusses how he left a large health system to open his own practice, and provides tips for physicians considering the same move.

Real estate is the second highest expense behind payroll for most healthcare practices. 

Malpractice suits require some unique defenses.

Protect your reputation from disgruntled patients.

If your practice is like most other practices, then one area where you could use some work is billing and collections. Here are six resolutions that can improve your billing and collections in 2020.

Don’t leave the management and growth of your practice up to chance. Now is the right time to think about what you want to achieve in 2020. Here’s how to prepare.

The ability to maximize collections and profitability is vital for medical practices.

Trying to prevent malpractice suits is one thing, but this is ridiculous.

What it is, what these firms want, and why your practice might be a target

Practices looking to hire medical assistants should consider each candidate’s education and certification, as well as past medical and administrative work experience.

How to thread the needle when talking to patients about medical mistakes.

Focus on trust and communication

How to keep yourself, your family, and your practice financially fit

Is it ‘patients over paperwork’ or a bait and switch?

Data from the Centers for Medicare and Medicaid Services reveals that on average, Americans spend approximately $1,200 a year on prescription medications, numbers that have gone up due to rising prices. Here's how doctors can help.

The changes being implemented now will have a profoundly positive effect on the way care is delivered in the future.

Why primary care physicians should be setting up a screening program.

If bad handwriting was the only problem we had to deal with, medicine would be in a much better place.

Make sure you are using the right codes when dealing with hospitalized patients.

Regular contact with patients is vital for successful treatment.

Over the course of their careers, physicians face several major financial decisions that can have a lasting impact on their financial well-being. Here’s a look at some of these key decisions and advice physicians should consider when making them.

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Three steps to maximize return-on-investment and ensure pleasant patient experiences

When is the right time to upgrade your fitness tracker?