Monthly Archives: May 2012

Changing trends in compensation for administrators

It is common for successful administrators of medical practices to be paid for their accomplisments. This has been achieved through a combination of a base salary, fringe benefits and an attractive bonus tied to the financial performance of the practice each year. That being said, things are a changin'! With reimbursement trends lowering revenue in many specialties, there is only so much related to financial performance that is under the control of top administrators as their bosses, struggling with their own ability to eek a living, begin to ponder other ways to pay the administrator. We would be interested in hearing from both administrators and physicians on how they are broaching this subject and coming up with new compensation models for administrators, CEO's and COO's. Tell us what you think and what actions you have taken.

By |2012-06-28T15:53:24-08:00May 30th, 2012|

Costly (and easily correctable) telephone mistakes

All of us by now have had the feeling of being held captive by a merciless phone tree or being asked, "Can you please hold?" before being left in limbo for five, ten or even fifteen minutes or more.  Like you, patients don't like having their time wasted when calling your practice. Nonetheless,  many practices have taken high demand and technological developments as an excuse for failing to review and refine the systems they have in place for serving their patients over the phone.  If you've recently reviewed your online presence and encountered a negative review, you can appreciate how important it is to establish with your patients a sense that you are dedicated to taking good care of them regardless of whether they are in or out of the exam room. Improving patient phone service needn't be an overwhelming chore for your all-ready busy office. In fact, this process is ideally suited for working on around your schedule as there are many components that can be improved in fifteen minute blocks. Most modern telephone systems have impressive reporting capabilities, despite the fact that most practice staff usually know nothing about them. Make it a priority to generate reports that can serve as benchmarks for your practice's performance in this area. How long do callers wait on hold? How many calls come in relative to your patient visits? When are calls coming in? One very common problem is the rush of calls that often occurs as the practice opens up after the lunch hour. As the lunch hour is the most convenient times for many of your patients to call, the simple fact is that you should have telephone coverage over lunch.  Rotating this assignment through your staff is easy to implement -- you'll get more new patient bookings and smooth the flow of calls, meaning happier patients and staff. You should have a current diagram of your phone tree that illustrates that patients can find their way through the tree in a timely manner.  Consulting with your systems reports, eliminate branches of the tree that are infrequently accessed. You've

By |2022-01-01T22:52:39-08:00May 10th, 2012|
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