Practice Management: our blog

Practice Management: our blog2023-05-25T14:08:11-08:00

The cost of poor decision-making

By |January 10th, 2014|Business, business sense, finances, medical practice business, planning ahead, practice management, strategic planning|

We were recently called into a group practice where the physician owners of Struggles Medical Group were disillusioned with the practice of medicine. Their concerns were typical, shrinking reimbursement, dismal profits and the threat of new competition, as a large urban academic faculty practice was beginning to penetrate this suburban

Resolve to give better feedback to staff in 2014

By |December 28th, 2013|human resources, leadership and inspiration, managing people, medical practice business, morale, performance evaluations, problem staff, staff|

Turnover and hiring are costly.  Staff are so important to your practice's patient service, financial performance and overall functioning.  Given these things, one of the best investments you can make in your own leadership abilities as a physician owner or practice manager is to develop the skill of delivering effective feedback to employees.

Will 2014 be a better year for your medical practice?

By |December 23rd, 2013|Affordable Care Act - Obamacare, medical practice business, patient service, planning ahead, practice improvement, practice management, productivity, strategic planning|

This is certainly a reasonable question to ask considering the rapid-fire change, threats and unknown factors medical practices face due to the Affordable Care Act.   But here are a few things you can do to deal with all of this. First, keep your eye on the ball.   Don’t throw up

Six steps physician leaders and practice managers can take to improve the patient experience

By |December 14th, 2013|Affordable Care Act - Obamacare, leadership and inspiration, managing people, medical practice business, patient satisfaction, patient service, staff, team support|

Leadership sets the tone for the entire practice.  Staff will model your commitment and follow your expectations.  Much of the manager’s role focused on managing practice finances, maintaining practice viability, and keeping a highly motivated and efficient staff that is respectful and trustworthy.  Add to the list a new yardstick

ACA out-of-pocket costs: Vindication isn’t always sweet

By |December 9th, 2013|Affordable Care Act - Obamacare, deductibles, medical practice business, revenue, billing and collections|

The New York Times reported today that "On Health Exchanges, Premiums Maybe Be Low, But Other Costs Can Be High." This is something we've been talking about for a couple of months now -- often getting skeptical looks here in our super-blue home-town.  But it's not about partisanship.  The ACA

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