MEC Practice Academy 11.19

Practice Management

Latest News


Medical Economics Insider: Save your practice

Check out our inaugural edition of our interactive publication, featuring in-depth reporting, expert insights, exclusive data, and more!

Medical Economics Insider: Save your practice

The National Society of Certified Healthcare Business Consultants has released information on medical practice overhead percentages, average monthly charges in accounts receivable, full time equivalent staff ratios, and more in its 2012 Joint Statistics Report of Medical and Dental Statistics on Income and Expenses.

Health policy analyst Jeff Goldsmith talks about why it’ll take more than just higher compensation to relieve the primary care shortage, what needs to happen for direct primary care to take off and why ACOs are "like vegan barbecue.”

About half of all working adults were either uninsured or underinsured for at least part of last year-and that doesn’t just include low-income Americans. Nearly 60% of adults with moderate incomes were uninsured or underinsured, according to a new report from the Commonwealth Fund.

From misunderstandings about the role of healthcare inflation to cost controls in the Affordable Care Act (ACA), three economic myths must be addressed for the healthcare system to function properly, says Theodore R. Marmor, PhD, Yale University professor emeritus of public policy and management as well as political science. He recently spoke with Medical Economics Editor-in-Chief Lois A. Bowers, MA.

Employing others involves risk, time, and effort for which you deserve to be compensated. You can employ more physicians, but most practice owners need to critically evaluate the financial impact of hiring non-physician practitioners, simply because of the reduced labor cost.

If you are purchasing an electronic health record system for the first time or are considering switching systems, assess the needs of the practice and then consider the different system platforms (cloud- or SAAS-based or server-based).

A doctor who makes house calls may seem like something hopelessly old fashioned, but recent surveys indicate that house calls might be making a comeback. Discover what the new house call looks like and how you can use them in your practice.