Tags Practice management

practice management

Selling a Medical Practice? Here’s What You Need to Know

Valuing a medical practice is more of an art than a science and you must always keep in mind that the "Asking Price" is NOT the purchase price.

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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Apparently Nobody in Healthcare Trusts Each Other

There's no trust anywhere when it comes to healthcare-a new survey shows that hospital systems & doctors don't trust health plans & plans don't trust them.

Coaching Doctors? First, Show Them the Evidence

Successful leadership coaching of physicians may require that they understand the theory and research underpinning the field of coaching first.
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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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5 Reasons Why Doctors Should Use Social Media

Social media offers doctors opportunities to educate patients, provide better customer service, reduce visits, improve scheduling, and increase loyalty.
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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.

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.

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.
IT Service Provider Healthcare

How to Choose the Right IT Service Provider for Your Business

Knowing how to choose an IT service provider that is right for your company can be daunting. You need to know what you need, why you need it, and who provides it.
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Scribes are the Fastest Growing Medical Field and Providers are Concerned

In spite of the increase in the number of scribes, there is little standardization in their training or clarification of their appropriate role within the EHR.