The business imperatives of high-performing practices

Description

Abstract: In the face of rapidly changing fiscal and regulatory conditions, physician practices must plan forcefully for the future. They need to focus management attention on the business areas of highest priority and set goals for their improvement. The greatest imperative is to strengthen the practice’s financial competencies, but it’s also essential to engage patients, upgrade clinical systems, improve interconnectivity and enhance data analytics. This article discusses strategies for achieving these goals, while a sidebar looks at a survey in which physicians rank their highest business imperatives.