Not all potential partners or arrangements can provide the assistance physicians want while giving them the autonomy they’re accustomed to nor the work-life balance they may seek.
A pediatric practice on the brink of bankruptcy is saved after implementing an electronic medical records system that helped it turn profitable in a month, and recoup all its losses in a year.
How can an investor allocate their portfolio for the greatest return and minimize the related risk? The answer is it depends.
Opportunities exist at the reimbursement level to drive financial performance.
More patients are empowering themselves by turning to the Internet to obtain information about their health. Although the right information can be useful, plenty of online information can be out-of-date or just plain wrong. Here's what you can do to help.
Many academic programs spare no expense in training their MDs. Private practices, however, are driven by both excellence in clinical care and profitability. Here are some tips to ensure you get top compensation when negotiating pay and benefits with a new practice.
With interest rates creeping higher and stocks having gone on quite a run, many investors are considering jumping back into bonds. But is it safe to invest now?
Spain's best-kept secret offers excitement, stunning architecture, and walkable neighborhoods.
Our personal and financial information are at risk like never before. Fortunately, there are companies developing technology to combat these increasingly sophisticated attacks.
Albert Einstein called compounding the eighth wonder of the world. It's a simple investment strategy that works best when you forget about it altogether.
With a rate hike getting closer, yields are likely to spike again. Insurers will clearly gain from this and they have experienced a good year til now. This is why these 3 stocks would make prudent portfolio addition.
A city steeped in history, Amsterdam's many hotels give visitors a taste of the city's rich past, such as properties housed in former monasteries or former schools.
A key resource for addressing physician shortages, improving efficiency in primary care and ultimately increasing access to health care for many more patients lies with the nurse practitioner role.
Medical practices are highly susceptible to fraud and embezzlement, but the following processes may assist in safeguarding your practice assets and preventing potential theft.
With the quick progression of EMRs and RCMs, healthcare databases have become large, complex networks of electronic information. Ensuring data reaches its destination in a timely and accurate manner can be critical for the well-being of patients.
On Jan. 5, 2012, CNNMoney published an article, "Doctors going broke," which quoted Marc Lion on profit leaks. Here is a republished article from August 2010, that Lion wrote for PMD on plugging profit leaks in your practice.
With all the new electronic devices in your office, can you truly say that you are HIPAA/HITECH compliant? Will your security features and controls actually prevent the breach of personal health information?
Jeff Brown weighs in on President Obama's speech before Congress yesterday evening, and discusses what he feels are the four most pressing issues in today's renewed healthcare debate.
As the health care industry prepares for the new ICD-10 code set, physicians who see Medicare patients need to be aware of another important coding issue that can significantly affect their cash flow going forward.
Cash Balance plans can provide an alternative to your retirement savings plans for you and any employees in your practice. However, make sure your practice is the right fit for this plan before jumping in.
When your child comes to you, hat in hand, asking for a bit of money...REJOICE! Lend away! And charge interest...you'll make money, the government won't hit you with taxes, and the inheritance can be put to work for them immediately.
Contrary to traditional tax planning, maximizing taxable income in the current year may be optimal for many physicians since tax rates are set to increase at the beginning of 2013.
As physicians, wouldn't it be nice if we had additional sources of income?
For most Americans, social security retirement benefits typically represent 30-60% of their retirement income and yet many recipients receive less money than they are entitled to.
Alternative models of primary care are emerging that simplify the administrative burden, allow physicians to practice medicine at the top of their license and shift the focus away from navigating increasingly complex insurance to patient-focused care.
The high price of oil can, and most likely will, negatively affect your cost of living, but there is the opportunity to turn that lemon into lemonade with a strategic investment in oil production.
Despite watching the market rise, the bigger issue with transitioning your portfolio to cash is that, when trying to time the markets, you must be right twice.
The entire health care industry is in the state of flux and a good number of medical practitioners are toying with an exit strategy. However, they have not crystallized their plans; here are some issues to address.
Past research has shown that stock market prices can't be predicted with more than 50% accuracy, but new research shows that analyzing Twitter feeds could help predict the direction of the Dow.
Some health care IT industry heavyweights have gone so far as to suggest that the iPad will be greatly utilized in the healthcare setting and revolutionize the way we do business. While I do think the iPad is incredibly shiny and is great computer replacement for your grandma, I think it's a bit of an exaggeration to suggest that it will ever be fully adopted by healthcare IT shops.