Practice Finance

Should you offer financing of your medical services to your patients? Keep in mind that medical bills are reportedly the number one reason for personal bankruptcies in the United States.

Fees aren’t going up, but many of your medical practice expenses are. Look to greater efficiencies to eke out more from reimbursements.

Student loans, debt, underemployment and unemployment are factors in why #younginvincibles may not sign up for health insurance through exchanges.

Whether you are a novice or a seasoned negotiator, payer contracts can be complicated and difficult to interpret, even with an attorney or consultant by your side.

Is the new trend of focusing on nutrition, fitness, and other wellness goals profitable for your practice?

Sifting through the many banking options can make it difficult to find a financial institution that understands the needs of a medical practice.

Let me tell you how “Lean,” also known as the Toyota Production System, transformed my clinical practice from a hectic, stressful, and unpredictable experience to one that runs smoothly and became a paragon of efficiency, safety, and quality.

Determine whether your practice will make a profit from buying or leasing equipment by using this ROI calculator

A reader responds to an article describing ways to save for childrens' college expenses.

Oct. 14, 2014, is the compliance date for ICD-10. That looming deadline has many physicians anxious about the amount of training that will be required. In the Medical Economics webinar, “ICD-10 Expert Views on Preparation,” three panelists discussed some of the major implementation concerns for physicians and offered advice to help them get started.

About one in five Americans will become disabled for 1 year or more before age 65, with the average disability lasting 30 months. Long-term disability policies can provide you with income if you are injured or become ill.

You might think that a limited liability company (LLC) will just help provide tax benefits. Discover the other benefits that LLCs can provide.

A new report shows that median first-year guaranteed compensation for primary care physicians rose about 3% last year to $180,000.

For physicians who are searching for a new position, whether it's in a hospital or private practice, the long list of things to consider can be overwhelming.

Paying for children’s education is one of the two major financial hurdles most physicians face. With college getting ever more expensive, it’s important to start accumulating a college nest egg as early as possible.

There's only problem with CNN"s recent attention-grabbing article on physician practice bankruptcies: We have no idea if its basic premise is even true.

For a long time, buying real estate was a solid investment and even a potential way to fund retirement. Here's why you need to be careful with how you invest.

It may seem like tax laws are just there to take your money, but some recent legislation offers a way to pay less taxes when withdrawing from 401(k)s. Find out how.

When renewing your lease or searching for new space, here's a strategy so you don't spend time or money unnecessarily.

Do you have a job opportunity that will be taking you overseas? Here's how you can reap some tax benefits.

With the price of gold seeming to go up exponentially every day, it may seem like a solid investment. Discover how it can be, when invested in prudently.

Hospitals around the country have been buying up independent medical practices at a dizzying rate. Because this acquisition trend directly affects your financial well-being, it’s crucial to understand the forces driving it.

Although the fiscal cliff was avoided, most Americans will see their taxes increase this year. Find out how you can keep your taxes from being too burdensome.

Tax writeoffs can help alleviate your tax burden, but be careful. Discover what you can write off and what might cause an audit.

You can't avoid taxes when it comes to practice buy-ins, but you can ensure that you don't overpay. Here's how.