Patient Deductibles in a Medical Practice It's that time of year again - patients will make an appointment with you and they will now have a copayment "and" a deductible to pay. As patient deductibles increase each year, deductibles can be a significant part of your medical practice cash pay … [Read more...]
Is Medical Practice Overhead Really to Blame for Today’s Woes?
Medical Practice Overhead or Improve the Top Line? I recently saw the recent blurb in a physician email newsletter: Diagnostic clinic short on docs Once a vibrant and expanding practice in the medical community, the _______ Clinic is beginning to wither as doctors continue to leave. By the end of … [Read more...]
OCR Issues Audit Report on HIPAA Compliance
HIPAA Compliance The Office for Civil Rights (OCR) at the U.S. Department of Health and Human Services (HHS) has released its 2016-2017 HIPAA Audits Industry Report that reviewed selected health care entities and business associates for compliance with certain provisions of the HIPAA Privacy, … [Read more...]
Employee Success Equal to Leadership Investment?
Physician Practice Employee Success and Your Leadership When it comes to leadership, one can only expect to get back from their employees what they choose to invest in them. Leaders which remain locked away in their offices and rarely take the initiative to interact with their team create an … [Read more...]
Medical Practice Embezzlement and the Sleeping Watchdog
Medical Practice Embezzlement Thirty – fifty years of age, married with a stable family situation, above average education, professional or managerial staff level … who does this describe? According to recent research, it describes the profile of most fraud perpetrators –those most likely to … [Read more...]
Hiring an Outside Consultant For Your Medical Practice Assessment
Medical Practice Assessment Recently a medical practice administrator posted a question on the use and effectiveness of hiring an outside consultant to perform a medical practice assessment. Some responses actually discouraged using outside consultants because either consultants would try to sell … [Read more...]