November 18th 2024
Managing payment is a key factor working against medical practices. Here’s how artificial intelligence could relieve administrative burdens.
November 14th 2024
November 5th 2024
How to use social media to promote your practice
February 25th 2016Social media is more powerful than you think. It has become increasingly common for patients to find their physicians online. Creating a positive online presence can be one of the easiest ways to market your practice and make a lasting impression on patients.
How to reap the benefits of value-based reimbursement
February 24th 2016It’s been said that the current value-based reimbursement environment is akin to the wild wild West with lots of different models attracting all sorts of pioneers, tempting them to embrace risk and seek greener reimbursement pastures.
Private equity firms show appetite for medical practices
February 10th 2016Private equity deals for physician-led practices continued to grow in 2015, and experts say the trend should seep into more types of practices as buyers look to roll them up through economies of scale. So how do these deals compare with selling to a hospital or large group, and what are the financial mine fields to avoid?
Are direct-to-consumer ads helpful or harmful?
February 10th 2016The flow of direct-to-consumer advertising for the latest wonder drugs is constant and seemingly endless. TV, Internet and print ads captivate consumers with tales of medicines that can solve their health issues and improve their lives. But opinions vary about whether DTC advertising is helpful or harmful, not only for patients but for physicians.
Mistakes doctors cannot make when buying or selling a practice
February 10th 2016In the process of buying or selling a practice, emotional issues can sometimes overwhelm financial ones. Fear of losing autonomy or worry over inevitable culture clashes often crowd out basic financial considerations, but it’s crucial not to overlook them.
Why clinical integration is vital
February 10th 2016Medical care in America is fragmented. Independent private practice means that every physician does his or her part in the care of patients. Other healthcare providers, such as physical therapists, do their part. All have their own medical records. All charge their fees. Somehow patients navigate their care among various providers.