Rx for Practice Management / Practice Management Advisor
Showing 241–255 of 255 results
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Practice builders – CDHC: Preparing for it
Summer 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 588
Abstract: With new buying power and greater knowledge of their options, patients are seeking high-quality and convenient health care at reasonable prices. The consumer-driven health care (CDHC) trend promises to change not only the way physician practices operate, but also the nature of the physician-patient relationship. This article explains what your patients want as far as consumer information and amenities. Plus, it describes changes you may need to make to your billing and collection processes.
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Vital Stats – How YouTube can help you too
Summer 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 239
Abstract: This brief article describes a unique marketing tool being employed by a medical group in the rural county of Powys, Wales. The BuilthSurgery group uploads short video clips on YouTube as a means of reaching current and prospective patients with important health information. After reading this article, you may want to rethink some of your marketing strategies.
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It’s time to start measuring the quality of your care
Summer 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 674
Abstract: Today, patients are choosing providers based on quality of care. Your practice can no longer postpone its decision to commit to a practicewide quality program. This article can help you get started. For example, the first thing you must do is get full buy-in from your practice’s leadership. You’ll also need to align compensation methods with your quality improvement objectives. Consumer-driven health care is here to stay: It’s time to get started. (Updated 8/29/12)
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Physicians come, physicians go – A buy-sell agreement can smooth the way
Summer 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 997
Abstract: If yours is like most practices, you’ve seen physicians come and go. Older physicians retire, associates become partners and medical school graduates are recruited. When a physician becomes an owner or partner of the practice, contentious issues may arise regarding asset valuation, division of income and retention of control. This article explains how a buy-sell agreement can help minimize those disputes. A sidebar offers various laws and legal doctrines that should be considered when developing a buy-sell agreement.
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You protect your patients’ health, but what about their identities?
Summer 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 708
Abstract: Patient medical records include several types of personal, nonclinical information. The records may contain driver’s license numbers, Social Security numbers, and even bank account and credit card information. Identity thieves are far more interested in those numbers than any clinical information. This article offers practical advice on how to protect your patients’ personal information.
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Beef up revenues by conducting clinical trials
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 639
Abstract: In 1990, about 5,000 physicians were conducting clinical research. By 2007, that number had increased tenfold, according to the Urology Times. There’s a good reason for the dramatic increase: Many practices are able to earn as much as $250,000 a year from clinical research. Using a practice’s patient base to carry out clinical research can clearly be a major source of new revenue. However, it’s no cakewalk. This article takes a look at what’s involved.
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Stark law Phase III regulations address fair market value for physician compensation
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 253
Abstract: On Dec. 4, 2007, Phase III regulations of the Stark law became effective. The Stark law prohibits physicians from making referrals of designated health services payable by Medicare to an entity with which the physician has a financial relationship, unless certain exemptions or safe harbors apply. This article discusses one such safe harbor that was eliminated under the Phase III regs that concerned methodologies for determining fair market value for physician compensation.
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Financing new EHR systems – Which option is best for you?
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 929
Abstract: Electronic health record (EHR) systems are likely to be a required investment for physician practices in the next few years. At estimated costs of anywhere from $11,000 to $96,000 per physician over a three-year period, many practices simply won’t have the cash on hand to purchase the necessary hardware, software and supporting services. This article delves into the financing options currently available, to help you decide which is the best one for your practice.
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The right stuff: Recruiting physicians
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 632
Abstract: If your practice needs some fresh faces, this article is a must-read. It explains how to develop a systematic approach to the recruiting process, starting with developing a job description based on input gathered from your current physicians. It also offers tips on how to find and identify the best candidates; understand the realities of your marketplace and how they will influence your recruiting efforts; and the pros and cons of working with physician recruiting firms. (Updated 2/29/12)
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7 proven moneymakers for physician practices
Spring 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 1118
Abstract: In many practices, physicians are having to work more hours, perform more procedures and deliver more services just to maintain their income at current levels. Something is wrong with that picture. This article offers seven revenue-generating strategies for your practice, including how to maximize reimbursements and cash flow, offering new ancillary services, and optimizing physician time, among others. A sidebar offers hints on how you can keep courtesy and clerical services from robbing your bottom line. (Updated 2/29/12)
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Practice builders – Offering radiology services as a new revenue stream
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 467
Abstract: This article tackles the subject of offering radiology services to boost your revenue stream. With the annual market for imaging services closing in on some $100 billion, it’s no wonder that physicians are giving radiology services a close look. This article discusses how to analyze bringing in such a service. (Updated 8/29/12)
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Fewer physicians in small, self-owned practices
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 155
Abstract: This issue’s “Vital Stats” explores the implications of a national study by the Center for Studying Health System Change regarding small, self-owned medical practices. The study found that the proportion of physicians in solo and two-physician practices decreased significantly in the last decade.
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Issues complicate payment amount – Fair pay for physicians serving as hospital medical directors
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 733
Abstract: Physicians who are highly regarded by their peers often agree to serve as medical directors of specialty departments in local hospitals. Hospitals and medical directors alike understand that such relationships must be formalized, with compensation being commensurate with the physician’s duties and authority. This article delves into how to establish fair pay for hospital medical directors, without running afoul of federal laws and statutes. (Updated 2/29/12)
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Brace yourself – Pay for performance will change your professional life
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 1017
Abstract: Like it or not, pay for performance (P4P) is here to stay, and physicians need to face that reality by preparing themselves both operationally and psychologically. This article gives an update on where the health care system is today in regard to P4P programs, and offers some interesting statistics on how these programs are being administered. Finally, the article provides timely tips to help prepare your practice for P4P. An informative sidebar discusses the Physician Quality Reporting Initiative, Medicare’s first step toward P4P.
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How can information technology improve your practice?
Winter 2008
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 676
Abstract: Information technology (IT) solutions are rapidly transforming medical practices and the delivery of health care. This article explores the many ways that IT can help practices gain a competitive edge by streamlining their operations. It also offers practical suggestions for developing a strategic IT plan to assure the solutions support the practice’s long-term goals.