When you've been with a medical practice for a while, it can be hard to imagine leaving. After all, you've built up a good rapport with your patients.  You know the ins and outs of the office, too. 

Topics: Business Growth, Compliance, Practice Management, Practice Start-Up, Location

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

Running a medical practice takes hard work, dedication, and unfortunately - involves a lot of expenses. Like with any other business, it is important to be aware of all the costs you’ll be incurring for your clinic so you can plan accordingly.

Topics: Marketing, Business Growth, Operations, HIPAA, Social Media, Practice Management, Patient Volumes, ICD-10, Practice Start-Up, Medical Billing, Consulting

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

Operating a medical practice means working in cooperation with other healthcare professionals. However, concerns about referrals between facilities for the wrong reasons have led to regulations and legal consequences. 

Topics: Operations, Compliance, Liability, Practice Management

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

THE SECRET TO INCREASING PATIENT VOLUMES 

Topics: Marketing, Business Growth, Operations, Practice Management, Patient Volumes, Financial

Today’s world has integrated technology into every aspect of our lives, and medical practices are finding that patients, particularly Millennials and Gen Xers, are prioritizing partnerships where virtual staff integration is commonplace. One example is appointment scheduling: in 2021, a Harris Poll Survey found that 68% of all patients expect to be able to book appointments for well visits or other health concerns online. 

Topics: Operations, Practice Management, Technology

 

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