Medical Practice Accounts Payable Internal Controls The vital role that internal controls play within any well managed medical practice is widely recognized. Knowledgeable practice managers are well aware that poor controls in this single area can result in far more dire consequences than simply … [Read more...]
Steps to Managing a Medical Practice by the Numbers
Managing numbers vs. information One of my prior articles cautioned readers on the use of overhead rates as a financial indicator of practice performance. One of my colleagues called it “diddling” the overhead since overhead is an easy target in every medical practice. The point I want to make now … [Read more...]
Medical Practice Front-Office Staff Evaluations – An Overlooked Opportunity for Practice Improvement
Tensions can run high when it comes time for the practice to evaluate the performance of the front-office staff in a medical practice. Many workers (and even some managers) will just want to get the review over with, but if you approach it correctly, you can use the performance evaluation as a … [Read more...]
Employee Best Practices for Physician Practice Management
Sometimes employees do not understand or follow the most basic workplace guidelines. As part of your physician practice management, here is a simple but comprehensive list that you can tweak to make your own within your medical practice. Make it part of each job description or personnel handbook … [Read more...]