Rx for Practice Management / Practice Management Advisor
RX
Showing 1–16 of 219 results
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Make the most of patient-facing technology
Winter 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 462
Abstract: Patient-facing technologies — or a medical practice’s phone system, website and patient portal — offer new and current patients ways to access the practice’s services. The importance of these technologies shouldn’t be underestimated. This article looks at each technology category and explains how practices can ensure that these technologies provide the best possible experiences for their patients.
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A good business plan can help your practice thrive
Winter 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 682
Abstract: For physicians who are obtaining loans to expand their practice — or simply to set up operations — generating a business plan makes sense. And with the current economic uncertainty brought about by COVID-19, it’s even more important. This article points out that a good business plan will enable physicians to operate a successful medical practice based on proven methods, allowing them to respond to their patients’ changing needs and continue to provide excellent health care regardless of the circumstances.
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7 steps to handle a down economy
Winter 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 722
Abstract: One ramification of the COVID-19 pandemic has been a down economy that has affected many sectors of our society — including medical practices. Physicians have felt the effects as patients have lost jobs and health insurance, have been reluctant to visit doctors’ offices because of fear of infection and have shifted to saving instead of spending. This article suggests seven steps that can help medical practices not only survive any downturn, but thrive in the long term.
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Should you outsource your billing?
Winter 2021
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 870
Abstract: Deciding whether to handle billing in-house or hire an outside billing company is an important decision for any medical practice. While it’s true that not all physicians or their staffs have the experience, training and temperament to handle billing internally, it’s important to understand that a billing company typically takes 6% to 9% of the monies they handle. This article takes a look at the drawbacks — and benefits — of outsourcing billing. A sidebar lists four key metrics that will help physicians make the decision for their practices.
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How can you avoid “paralysis” when making key decisions?
Fall 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 480
Abstract: Being too aggressive with changes or improvements to a medical practice can cause confusion and resentment among staff, while not being aggressive enough may mean the changes don’t happen at all. To avoid paralysis in making improvements, this article offers some simple strategies to help physicians running a medical practice find a balance and make improvements successfully.
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Get ready for your closeup – Embrace telehealth
Fall 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 537
Abstract: The pandemic has accelerated the use of telehealth, and many physicians are finding it convenient, efficient and liked by patients. This article explains the importance of laying the groundwork for a successful telehealth strategy by ensuring the platform has strong security features and having good policies in place in case technology fails. The article notes that, rather than being an “extra service offering,” telehealth may become a significant part of many medical practices permanently.
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Nonphysician providers could enhance your practice
Fall 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 619
Abstract: In these volatile economic times, adding staff to a medical practice may be counter-intuitive. But hiring one or more nonphysician providers (NPPs) may help round out the staff, helping the practice respond more effectively to changing needs. This article points out that NPPs can fill a niche and provide high-quality services to patients while relieving pressure on the physicians.
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Lessening the financial impact of the pandemic
Fall 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 785
Abstract: The COVID-19 pandemic has had, and will continue to have, a large economic impact. Many physician practices have experienced a reduction in patient volume as patients have lost jobs and no longer have insurance. Even those who still have insurance may be reluctant to have elective procedures performed. This article suggests some steps medical practices can take to mitigate the effects of the economic slowdown, including appointing a patient care coordinator and leveraging telehealth. A sidebar discusses the possibility of shoring up finances by having some staff members juggle roles or outsourcing some duties.
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What can you do about physician burnout?
Summer 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 409
Abstract: A 2018 survey found that 78% of physicians suffer from burnout. That was before the COVID-19 pandemic entered the picture, so chances are that the percentage has increased since then. Medical practices need to recognize, prevent and manage physician burnout to ensure doctors are better able to balance the quality of their lives with the demands of work. This will help the practice maintain profitability and improve patient health outcomes going forward.
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How to handle collections reasonably and compassionately
Summer 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 641
Abstract: A significant percentage of people had trouble paying medical bills even before the COVID-19 pandemic hit. In light of the lingering effects of the crisis, including high unemployment, it is still important for physicians to make a special effort to handle collections fairly, reasonably and compassionately. This article offers some strategies medical practices can use in dealing with delinquent payments to ensure optimal outcomes for all involved.
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Staying solvent (and maybe even profitable) in tough times
Summer 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 748
Abstract: When the economy undergoes a sudden and unforeseen downturn, it can be hard for any business, including a physician practice, to stay afloat. Coping with economic change can become even more difficult because of the constantly shifting Medicare, Medicaid and health insurance landscape. This article suggests some ways to stay solvent, and maybe even profitable, during these tough times.
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The new normal – Learning from the pandemic and preparing for the future
Summer 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 891
Abstract: Physician practices have had to be creative and flexible in responding to the COVID-19 pandemic in many ways. These efforts might need to continue as practices make changes to better guard against similar crises in the future. This article suggests some steps medical practices can take to shore up operations, including increasing the use of telemedicine and re-evaluating equipment procurement strategies. A sidebar looks at how to create a disaster preparedness plan.
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Prevention is the best medicine – How to reduce your risk of a malpractice lawsuit
Spring 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 436
Abstract: Physicians need to ensure they’re doing everything they can to minimize their risk of being subject to malpractice lawsuits. This article discusses various steps they can take, such as developing trusting, positive relationships with patients over time and putting expectations in writing. It notes that being consistent in procedures is vitally important to help reduce — or prevent — litigation.
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Could adding staff members improve your practice? Strategic new hires could sharpen your competitive edge
Spring 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 699
Abstract: Many practices are adding new positions to their organizational charts to better serve patients and sharpen their competitive edges. Assuming a practice has a valid need for these hires, as well as the payroll and benefits capacity to compensate everyone fairly, this might be a good strategic move. This article looks at the potential benefits of adding staff in regard to efficiency, quality and compliance, among other factors. It points out, though, that adding staff isn’t a move to undertake without careful research and discussion with physician partners and professional advisors.
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The importance of marketing for a medical practice
Spring 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 747
Abstract: People have many choices when selecting a doctor, so it’s important to find innovative ways to attract patients. Creating a marketing plan can focus a practice’s efforts and help it achieve its goals. This article discusses some ways to generate a multifaceted marketing effort that will increase public awareness of the care and expertise the practice has to offer — and motivate more patients to walk through the door.
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6 ways to motivate your staff
Spring 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 895
Abstract: Many studies have noted that money typically isn’t the primary motivator for most employees. While that may be true, medical practices shouldn’t rely on it as an excuse to offer less-than-competitive salaries and benefits. Beyond the basics, though, it’s important to determine what kinds of things motivate staff. This article suggests six ways to improve and enhance employee motivation, including setting clear, achievable goals and creating a framework — whether via regular meetings or some other forum — to listen to staff ideas on how to solve problems. A sidebar explains how well-planned financial incentive programs can both motivate staff and help grow the practice.