Practice Management

What if you held the keys to rejuvenating your practice?

You encounter various situations in the practice of medicine, but what do they have in common?

When the author first started as a doctor, it was not unusual to find physicians, attorneys, CPAs, and businesspeople as hospital administrators and CEOs of insurance companies.

Medical groups raised questions about structure and revenue-sharing after the Centers for Medicare and Medicaid Services unveiled its proposed rule about accountable care organizations.

Learn more about sharing expenses and revenues with other physicians.

Learn more about how CMS handles annual wellness visits.

As an independent practice owner, your revenues, and therefore your livelihood, come almost exclusively from insurance reimbursements and direct payment from your patients.

Weight loss services can produce new revenue streams that may offset, at least partially, stagnant or declining income from existing services, while helping patients with type 2 diabetes, hypertension, cardiovascular risk, high levels of cholesterol and other medical issues tied to obesity.

Selling a medical practice to another physician or partnership in advance of retirement can be a thorny and emotionally trying undertaking.

In 2006, Dennis J Egitto, MD, who practices in Florida, considered switching to a concierge model.

Get necessary details on how to sell a solo practice.

Physicians traditionally have allowed insurance companies to dictate the terms of their contracts.

An effective growth strategy for your medical practice should begin with a comprehensive review of the practice's business plan.

Determine how to be appropriately compensated for combination of services provided.

A spree of specialty- and hospital-based practice acquisitions in 2010 by national corporations such as IPC and Mednax may have some physicians wondering whether the days of publicly traded practice management companies, similar to those in the 1980s and 1990s, will return.

Going cash-only in your practice means getting out of the insurance-billing business and collecting from patients.

Stress is a constant presence in the workplace and never more than in economic times such as these.

In a physician practice, front-office staff members are often treated as the least necessary employees. These employees, however, meet and greet patients, schedule their visits, collect co-payments, and field phone calls.

For the second year in a row, the number of U.S. medical school seniors who will train as family medicine residents has increased, according to results released by the National Resident Matching Program.

Insurance paperwork and patients who don't follow instructions lead the list of your frustrations, according to a new survey.

Know whether it is permissible through HIPAA to keep copies of patients' records.

Primary care practices wishing to become a patient-centered medical home face a growing number of organizations offering accreditation, each with its own set of standards and guidelines.

Practicing medicine, as any other job in the field, can become boring. Worse yet, it can lead to burnout.

Have you considered using scientific principles to improve the financial position of your practice?

Learn how to handle patients who run up large balances and then switch physicians.