When you are ready to hire staff deciding whether to hire them as an employee or an independent contractor can be very confusing.  Now you may be wondering why you need to understand what it means to be an independent contractor and, how that status different from being a full employee.  Most importantly, I’m sure you’d like to know how hiring t...

There isn’t a day that goes by where I don’t read something about physician burnout. Corporate medicine and the health insurance companies are destroying healthcare delivery. Physician ownership allows you to control every aspect of how you practice medicine. That said, there’s a tremendous amount of doom and gloom when people talked about physicia...

I want to talk about what you need to look for when choosing a bank for your medical business.  

You need a bank with a designated point person who has a deep understanding of the complexities of medical businesses.

Here are 3 key things that you  want to assess when assessing a bank’s quality of service:

• You want a bank that demonstrates a
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You’ve scheduled your first patient.  But that's only the first step in getting them  to that first visit. You need a new patient packet. 

The new patient packet has two purposes:

• To collect information from the patient
• To provide information to the patient

There are several ways in which your patient can access the new patient packet:

You want to get paid for the work you do. And managing your revenue cycle is the key to achieving this. But there are lots of things that have to go right in order for you to capture the maximum revenue for the services you have provided. And before you start a diatribe about insurance companies, I want you to recognize that all of the items listed...

Revenue cycle management refers to the process of identifying, collecting and managing a practice’s revenue from payers based on the services provided. 

In order to be financially viable, you have to be compensated for the services you provide. No one can run a business providing services and paying expenses without collecting money.  

The r...

If you take any form of insurance as payment for your services then you need to understand MACRA and MIPS. MACRA is the law and MIPS is the implementation. 

Key Points:

• If you see more than 200 Medicare patients and/or bill more than $90,000 annually in Medicare Part B allowed charges, you’re automatically enrolled. 
• MIPS collects
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With all of the choices out there, choosing an EMR can be a daunting proposition. 

Today I'll talk to you about the key features that will impact your workflow and ultimately your profitability. 

But first, I want to address everyone's biggest concern—the cost. Don't sacrifice functionality, integration and flexibility for price. Your lost p...

Are you trying to figure out where the ideal location is for your new office? Often, there are so many competing priorities that you need to consider when looking for that perfect medical office space involves can be overwhelming. This really big decision affects everything from your daily commute to your patient base. And you’ll probably be lock...