Although it’s never easy, there are times when terminating a patient from a medical practice is absolutely necessary.
Topics: Operations, Practice Management, Physician-Patient Relationship
Average Medical Practice Overhead & How to Reduce Practice Expenses
Research shows that today’s average medical practice overhead is actually between 60% and 70%.
Overhead is calculated as costs as a percentage of revenue. Basically, this means any and all revenues that don’t go into your pocket.
Topics: Operations, Practice Management, Financial
Healthcare professionals regularly find themselves struggling to find the best ways to help patients, working in a world where masks continue to be a controversial topic and health is a valued commodity. Society has discovered, thanks in part to the coronavirus pandemic, that a work-life balance is a higher priority than it had been given of late and has begun taking steps to change lives for the better.
Healthcare employment is projected to increase 13% by 2031, and the U.S. Bureau of Labor projects that means 2 million new jobs in a decade. With more employees to think about, Healthcare HR has some ongoing concerns to address.
Topics: Business Growth, Operations, Compliance, Practice Start-Up, Physician-Patient Relationship
How to Run a Clinic Successfully: 4 Tips for the Practice Owner
Much like any business, running a medical practice is a lot of work. To reasonably handle everything it takes to run a clinic successfully, day in and day out, there must be a high level of optimization and efficiency.
This goes beyond inventory management and scheduling. This means prioritizing patient experience and making sure each staff member is prepared to facilitate success each day.
Topics: Operations, Practice Management, Practice Start-Up
Medical Practice Operating Expenses: 16 Pieces to the Puzzle
In previous blog posts, we’ve spent some time talking about the steps that go into starting your own medical practice.
Topics: Operations, Practice Management, Financial, Medical Billing
Comprehensive Checklist of How to Start a Medical Practice in Texas
If you’re looking to start a medical practice in Texas, you may be wondering “How the heck do I do this on my own?” or “Where do I start?”
We provide this exact guidance for clients every day. Like any major project, the key is to divide and conquer.
Here’s our working checklist for starting a medical practice in Texas, in no particular order of importance.
Topics: Business Growth, Operations, Practice Management, Practice Start-Up
Medical Practice Texas Standards: Can a Non-Physician Own/Operate?
Topics: Operations, Practice Management, Practice Start-Up
Medical Assistant Career Advancement: 10 Benefits of Working in the Field
Medical care is necessary to prevent diseases and improve quality of life. With many doctors offering a wide range of treatments, additional staffing is required to ensure smooth and timely interactions and services for every patient. In many cases, the role of a Medical Assistant extends beyond checking vitals and updating medical histories.
Topics: Operations, HR, Physician-Patient Relationship, Location
Physician Burnout is on the Rise - What Can We Do About It?
It is a well documented fact that Physician Burnout is continually creeping up as a silent antagonist in the healthcare industry.
Topics: Operations, HR, Practice Management, Physician-Patient Relationship
Operating a private practice can put a lot of strain on the practicing physician, as the time with patients must be balanced with administrative tasks and staff management concerns. Physician practice management companies (PPMCs) provide non-clinical business administrative services to private practices.
Topics: Operations, Practice Management