Practice Finance

Better patient engagement means better outcomes, which means better value. Here are six ways more involved patients can boost value-based payments.

Strategies for handling the early-year cash crunch

Why physicians need financial advisers, attorneys and bankers

In today’s market, partnerships come with a number of risks and uncertainties, leading physicians to question whether they truly want to be tied to a practice for the long term.

Physician practices are facing confusion and frustration due to the shift to value-based care and the ever-rising cost of care. Physicians seeking to stabilize their revenue amidst this chaos typically find themselves facing several challenges.

Physicians should consider revealing prices to meet.

In the next few years, a major shortage of primary care physicians will sweep across the United States. By 2025, the number of physicians needed will fall short by 46,000 to 90,000, according to a recent study from the Association of American Medical Colleges.

With Congress attempting to repeal the Affordable Care Act (ACA), and with the president issuing executive actions to roll back portions of the ACA, some in the medical community have been wondering whether the Medicare Access and CHIP Reauthorization Act (MACRA) also faces an uncertain future.

I appeal to my fellow physicians, let us denounce with a single voice practices by third parties.

The stated goal of many price transparency companies is to use claims data to better predict the consumer's negotiated rate.

The conundrum for physicians is how they can express their humanity in this situation without incurring the risk of the patient subsequently attempting to use the physician's statement as evidence of malpractice in a lawsuit.

The debate between active investment strategies, meaning hands-on investing with a portfolio manager’s help to beat the market, and passive investment, holding onto securities through the market’s ups and downs, is unlikely to subside any time soon.

In most states, non-compete covenants in physician contracts are enforceable if they are reasonable in their scope and duration.

We asked primary care physicians from around the country what their top gripes with patients have been, and their answers may surprise you-or relate to you wholeheartedly. Read on to find out what they had to say.

Smartphones are transforming professional conversations.

Do you know what treatments your patients would want if they became seriously or even terminally ill?

Although some healthcare professionals may not welcome value-based reimbursement with open arms, they may to learn to love it later.

For small or independent practices to thrive in this healthcare environment, a "big picture" view of value-based reimbursement really helps.

Starting out with clear priorities will help simplify process of finding the right plan, experts advise

Practicing high-quality medicine requires collaboration and teamwork, but the first step is to build a talented staff

Qualified medical assistants can help primary care practices become more efficient, reduce patient wait times and streamline patient processing, which ultimately increase patient satisfaction.

Price transparency is the current and growing buzzword in healthcare.

Physician incomes have been a topic of controversy for years, with physician compensation being criticized as one of the leading causes of high health care costs.

The new model for primary care in America, has contributed to significant changes in the roles of our employees.

It’s about time-time to recognize that primary care physicians (PCPs) need more time with their patients.

The beginning of a new flu season marks a time for primary care physicians to consider how to vaccinate patients without falling into costly pitfalls.

Hospitals continually seek to broaden service lines and increase their market share by adding key private physician groups.

Theft and embezzlement is widespread, and it occurs more often in healthcare than in most other industries

There was a time when doctors looked forward to retiring after a successful career, looking to vacation, play golf and spend more time with their families. But these days, it seems more physicians are halting retirement plans.

Value-based patient care requires the support of an entire practice team, so make sure they understand the new rules of the game.