Authors Posts by Nick Hernandez, MBA, FACHE

Nick Hernandez, MBA, FACHE

Nick Hernandez, MBA, FACHE
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Nick Hernandez, MBA, FACHE, is the CEO and Founder of ABISA, a consultancy specializing in solo and small group practice management. He has consulted with clients in multiple countries and has over 20 years of leadership and operations experience. His emphasis has been on developing and maintaining a strong relationship with physicians and identifying areas for business opportunity and support. He holds MBA degrees in both Operations Management and Information Technology & E-Business Management from Wake Forest University. He is also Board Certified in Healthcare Management and has been named a Fellow of the American College of Healthcare Executives.
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A Guide to Strategic Diligence for Physician Practice Mergers

For those that are considering merging with another private practice entity, applying a systematic approach to strategic due diligence can yield huge returns to practices considering mergers.
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How to Determine the Financial Metrics of Medical Practices

Financial metrics not only help to track the performance of your practice but also can be used to increase accountability of your in-house staff as well as outsourced billing companies.
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How to Amplify the Operational Performance of Medical Practices

Performance metrics help you know how well the practice is doing as well as determine what needs to change and what should stay the same.
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Why Strategic Planning Needs to Be an Evolutionary Solution

We should view strategic planning as a process that involves continuous adjustment and improvement. It is a solution-by-evolution, not a solution-by-engineering.
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How to Choose the Right Physician Partner for Your Practice

A physician partner can help you grow your practice, but you have to carefully identify what each of you wants from the partnership and craft it carefully.
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Prevent Losing Your Patients by Focusing on These 4 Areas

Here are four areas practices should be attentive of in order to prevent losing current patients.
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Avoid These 4 Common Strategic Planning Mistakes

Done well, strategic planning is an extremely valuable activity that greatly improves practice performance; done poorly, it can be a waste of time.
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How Competitive Analysis Can Help You Grow Your Medical Practice

Medical practices facing a competitive threat need to find ways to get out of the echo chamber and evaluate the situation objectively, using outside perspectives from experienced professionals.
7 Reasons to Create Physician Partnerships (Adobe Stock)

7 Reasons to Create Physician Partnerships

Although your practice may be doing fine now, there may come a point where bringing in a partner could make sense, particularly if he or she has skills and experience that complement yours, and can assist with achieving the growth and health of your practice.

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