Rx for Practice Management / Practice Management Advisor
RX
Showing 1–16 of 211 results
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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.
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What do Millennials want from their medical care?
Winter 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 459
Abstract: As both patients and consumers, Millennials need to be reckoned with on their own terms. It’s a given that they grew up with the Internet, social media, instant messaging and mobile devices, which has had a significant effect on how they operate in regard to health care. This article offers some tips to understanding the needs of this group of patients. To meet those needs, practices may want to improve digital access and cost transparency, among other things.
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Help your bottom line – Don’t lose sight of revenue
Winter 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 630
Abstract: Secure and consistent revenue is integral to any successful medical practice’s bottom line. To ensure profitability stays strong, it’s important for physicians to not lose track of what’s actually going on in their business operations. There are several ways physicians can stay on top of the practice’s business processes, including meeting regularly with staff to review reports, having financial benchmarks and getting a sense of what’s normal in other practices. This article explains that understanding the financial ins and outs will free physicians to focus on what they do best — providing the best possible care to patients.
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Overcome obstacles to increased efficiency
Winter 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 663
Abstract: To improve a medical practice’s efficiency, it’s important to identify its most problematic areas. This article points out some common inefficiencies found within medical practices, which fall under three broad areas: front office, back office and physician care. The article notes that, while many other areas of inefficiencies can exist in any medical practice, these are the most common ones.
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Staying solvent in a consumer-driven culture
Winter 2020
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 744
Abstract: Consumerism in health care can be defined in several different ways, but primarily involves people treating health care as if it were a retail business. One implication of this phenomenon is that patients who don’t find what they want in a practice may be quick to shop around for an alternative physician or practice. This article takes a look at how to cope, and thrive, in an increasingly consumer-driven health care environment. A sidebar notes some ways to improve a physician’s bedside manner by adopting the HEART method.
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4 ways your practice can stay ahead of the curve
Fall 2019
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 459
Abstract: This article offers four ways to help medical practices adapt to a rapidly changing environment — whether in terms of technology, payment and reimbursement, or patient care. The article suggests that taking steps such as budgeting and scheduling time for conferences and using multiple channels of communication can help medical practices decrease staff stress and improve efficiency.
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Keep a close eye on your staffing to avoid shortages
Fall 2019
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 585
Abstract: Over the length of a practice’s life span, it will likely face a staffing shortage at least once — if not several times. How practice managers deal with lack of staff can have a big effect on revenue, workloads, staff morale and quality of patient care. This article offers four strategies, such as cross-training employees and seeking temporary staffing, for dealing with staffing shortages while maintaining high-level patient care.
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How’s your revenue cycle?
Fall 2019
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 646
Abstract: To stay financially healthy, a medical practice needs to make sure it’s operating in a way that will maximize revenue and minimize waste. The article notes that, at least once a year, it’s important to assess a practice’s strengths and weaknesses in a variety of revenue cycle functional areas. This assessment will help determine what areas could be streamlined or improved to help the practice operate at an optimal level.
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Just say no to no-shows – Practices can develop various ways to tackle the problem
Fall 2019
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 897
Abstract: Every medical practice has unreliable patients who don’t show up for appointments. So every practice should develop ways to reduce the number of people who fail to keep them. This article offers some strategies to help improve patient no-show rates, including tracking no-shows and using automated reminder messages. A sidebar discusses some problematic approaches to dealing with no-shows.