The author is a practice management consultant, appraiser, and broker in Santa Rosa, CA.
Things to consider before accepting a job offer
Get your questions answered on coding and billing skills, as well as what to consider before taking the job.
Coding versus billing skills
How to be a better manager, how to reduce training time for new employees
Get your questions answered on how to become a better manager, and how to cut down on training time for new employees.
Q&A: Tips to save money on supplies and control inventory
Supplies in your practice can cost more than you think.
Q&A: Cure for too much overtime; 10 ways to cut expenses; specialty-specific budget resources
Staff overtime can cost practices thousands of dollars yearly. Learn how to control overtime.
The case for coding classes
An extraordinary number of physicians fail to stay current in their knowledge of coding, resulting in reduced reimbursement or delayed and denied claims.
Joining a new group practice
A few colleagues are proposing merging into a small group practice and have invited me to join. How do I determine if this is a good idea?
What you need to know about buying and selling a practice
Buying a local competitor's practice at the right price is often a cost-effective way to grow your existing practice.
When to add another provider
I think I am busy enough to support an associate. Are there quantifiable measures I can apply to determine whether I should recruit someone?
Q&A: How to tell if going concierge is right for your practice
I've had several negative experiences with the insurance reimbursement system and am thinking of going with an all-cash concierge-style practice. Should I?
Q&A: What to do when your schedule isn't full
What statistics do I really need to track in my practice?
Q&A: Monitor your practice's economic vital signs
Q&A: Understanding income guarantees from hospitals
This is how hospital income guarantees usually work.
Q&A: When you bring on a colleague's patients
I took over custodianship of patient records for a colleague in my call group in exchange for any patients that might transfer to me. Can I charge those patients using new patient codes?
Q&A: What to consider before you cut staff
Staffing is my biggest expense. How can I cut back?
Q&A: Buying into a medical practice
This is a good example of why buy-ins should be negotiated in advance.
Q&A: "Acceptable" patient waiting times
Are there any guidelines on what is an acceptable wait time for patients before seeing their physician?
Q&A: Setting the right fee schedule
Our fee schedule hasn't changed in a while, and I'm concerned that we're undercharging for some procedures. What can we do to learn whether our fees are at appropriate levels?
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