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The money used to run a practice is called working capital. Having positive working capital means your practice is able to pay off its short-term liabilities, such as payroll, supplies and rent.

Learn from a physician's personal experience as to how to inch toward retirement while still in practice.

Discover how to protect your retirement nest egg while instilling values in the next generation.

Know whether to consider a reverse mortgage if you need income.

Most physicians count on their retirement plan for the bulk of their financial security. Yet few of us understand how our retirement plans really work.

With the year-end approaching, it's a good time to evaluate your financial situation and consider tax-planning opportunities.

The Joint Commission is developing standards to designate its accredited ambulatory healthcare organizations with a "Primary Care Home" status.

Hospitals face increasing liability costs in the coming year, according to a new analysis.

Remote deposit captures are explained.

The elimination of reimbursement for consultation codes has impacted physician revenue greatly, in some instances. Learn how to address this in your practice.

A cash balance pension plan and other forms of defined benefit pension plans can be great ways for practices that can afford them to dramatically increase retirement savings while reducing taxes.

Although critical shortages of primary care physicians continue in Massachusetts, more doctors expressed satisfaction with their practice environment than dissatisfaction, according to a state society.

The American Medical Association (AMA) has released an online tool designed to help physician practices prepare for billing and payment audits by insurers and federal contractors.

During these challenging economic times, many medical professionals are re-examining their personal and professional finances.

The Association of American Medical Colleges estimates that between now and 2015, the shortage of doctors across all specialties will quadruple according to projections.

The Patient Protection and Affordable Care Act includes an element that could have a significant impact on physicians-not as medical providers, but as small business owners.

How to weigh whether to finance a loan for an associate.

The recent downturn in the economy has taken long-standing personal finance calculations and turned them on their head. As a result, many of us face an endless set of questions regarding our financial planning.

Determine whether it is wise to enter into a hospital partnership.

Large IRA accounts pose both income and estate-planning challenges.

The traditional model of innovation in the medical technology industry, which includes iterative product improvements driven by physician collaboration and interaction, is being affected by new restrictions on products eligible for 510(k) marketing clearance, according to Pulse of the Industry: Medical Technology Report 2010, Ernst & Young?s annual report on the industry?s performance.

If you?d like your health-related messages to reach more people, improve access to your online content, and increase interaction with your patients and others, the Centers for Disease Control and Prevention?s new guide, Health Communicator?s Social Media Toolkit may be useful to you.

An intensive population management program that matches patients who have coronary artery disease to personal nurses and clinical pharmacy specialists and uses electronic medical records, computerized disease registries, and the telephone not only reduces the risk of death but reduces healthcare costs as well, according to a new study published in the November issue of Pharmacotherapy.

Medical practices that have implemented an electronic health record system report better financial performance than those that have not, according to the Medical Group Management Association?s newly released Electronic Health Records Impacts on Revenue, Costs, and Staffing: 2010 Report Based on 2009 Data.

Healthcare providers responding to CompTIA?s Second Annual Healthcare IT Insights and Opportunities survey said that they generally are satisfied with the information technology solutions they now use in their practices, but they?re also interested in improved reliability and performance as well as lower costs for future purchases.

In medical school and residency, physicians see a limited view of what medicine has to offer. In order to provide the best care to patients, it seems it would be most helpful to be familiar with all aspects and modalities of the medical field.

One physician's outlook on his patients' lives has fundamentally changed. He seeks to see life through their eyes.

Usually I am able to smoothly transition from daydream to reality without detection when patients go off on tangents. My secret involves attention to the lips. As long as patients' lips are moving, I am safe.