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Seven Strategies to Consider Before a Practice Merger

Physician group mergers must be considered as a means to fulfill far greater strategic outcomes rather than mere ends in themselves.
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What Are the Best Growth Options for Your Practice?

Figuring out the best growth options for your practice requires that you systematically evaluate all of your potential options for growth.
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The Reasons Why Medical Practices Merge

Medical practices merge to lower costs & increase capacity, but diversification, survival during tough times, and competitive advantage play a role as well.
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Are Social Determinants of Health a Key to Health Care Value?

Payers are already rolling out initiatives to address Social Determinants of Health (SDoH). Some are also incorporating SDoH into value-based payments models.
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The Competitive Advantage of Strategic Planning

Medical practices that consistently apply a disciplined approach to strategic planning are better prepared to evolve as local markets change and industry undergoes reform.
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How to Evaluate Medical Billing Services

When a medical practice decides to outsource billing, a key priority is choosing a reputable vendor they can trust with their patient’s medical information.
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Successful Medical Practice Succession Planning

Succession planning is one of the most important decisions a physician will face, yet many neglect to plan their exit until they're ready to retire.
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Do You Know the Shared Vision of Your Private Practice?

It is imperative that all physician owners have a shared vision and that all staff members are aware of the desired future direction of the practice.
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The Burnout Burden: Why Doctors Need Help From Leadership

Placing the burden on doctors to restore their own work-life balance overlooks burnout’s structural causes over which physicians have little control.
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The Impact of Pro-Competition on Small Providers When Healthcare is Booming

US healthcare is booming. In 2017, healthcare overtook both retail and manufacture as the nation’s foremost employer– not just of physicians and nursing staff,...
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What Medical Practices Should Know About Joint Ventures

Forming a joint venture with another healthcare organization may be seen as a plausible solution. The success of a joint venture though highly depends on thorough research and analysis of the objectives. Here are some pros and cons of joint ventures for medical practices.
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How to Meet the Challenge of a Strategic Merger of Practices

The decision to merge should be fully vetted before physician groups decide to go ahead given the risks and the average performance of returns.