Here are four areas practices should be attentive of in order to prevent losing current patients.
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Medical practices facing competitive threats need to do an objective competitive analysis, including seeking perspectives from experienced professionals.
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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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Entrepreneurial physician leaders must be innovators, taking charge and continuously scanning the outside environment for new and fresh ideas.
Read MoreUndertaking physician partnerships should not be rushed or taken lightly. They require much pre-planning, careful structuring, and a whole lot of continued communication in order for them to be successful.
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Strategic planning, when treated as a work in progress rather than as a binder on a shelf can provide a medical practice with a real and lasting competitive advantage.
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Patients certainly want quality care, but they also want hospitality. We don’t know how healthcare reform will shake out, but we do know that putting patients first is the best strategy.
Read MoreIf you are thinking about applying for a value-based incentive program, you will want to ask yourself some key questions first.
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