Finance

Five Tips to Better Manage Your Revenue Cycle
It is vital that practices have systematic ways to address patient collections; the following strategies can help your practice collect all that it is due.

Patient Collections: 5 Mistakes Your Practice Can Avoid
Many practices make common collection mistakes that when left unattended can sap revenue. Here's what you can do to improve your collection process.

EHRs and Beyond: Technology to Lower Overhead Costs
Shelling out cash for tech stuff like portals to kiosks and EHRs can be financially stressful — and quite lucrative.

How to Make a Personal Budget
Creating a personal financial plan means making sure your spending is sustainable.

In Search of New Revenue
Times are tight for small and large practices alike. But there are ways to supplement your income without selling out. Here are 10 ways you can leverage your skills to boost your income.

'How I Implemented a Cash-Only Model That Works'
Brian Forrest, MD, explains how his direct-pay practice works and how cash and carry healthcare has evolved.

PayerView 2011: A Clean(er) Bill of Health
athenahealth's latest data shows payers are paying faster, denying less, and making their processes more transparent.

Finding Financial Help for Physicians
Physicians have some unique personal finance needs. Is the right person handling your money?

Physician and Payer Relationships
Understanding third-party payers can go a long way to making your life easier.

Asset Protection for Physicians
Protecting what you've worked for starts with having the right malpractice insurance, but it doesn't end there. Here's how to mitigate risks coming from all directions.
 

Related stories from our Practice Notes blog:

Next Steps for Physicians and Their Limited Partnerships  

Four Mistakes Physicians Make With Their Personal Finances  

Understanding Physician Assistant Reimbursement  

Making the Most of Your Medical Practice Reports  

Five Tips to Improve Cash Flow at Your Medical Practice  

Tax Schemes Every Physician Should Avoid  

Boosting Collections at Your Medical Practice: Whose Job Is It?
Tax Considerations for Physicians Integrating with Hospitals

High-Deductible Health Plans and Your Medical Practice: Be Prepared
Choosing a New Billing Partner for Your Medical Practice
Doctors Going Broke in the News and Those Who Aren't
Can Doctors Diagnose Financial Advisors' Conflict of Interest?  
Value-based Physician Reimbursement Gains Momentum 
Three Problems with Medicare’s Value-Based Payment Modifier 
 Physicians, Patients Not Reaping Rewards of Medicare AWV 
 Young Physicians Less Optimistic Due to Health Reform
 

Healthcare Financial Management Association

Finance – MedWorm

Frank Cohen, at MGMA 2011, explains three common ways physicians lose revenue.

Related video:
Common Problems in Understanding Overhead and Managing Your Schedule

How do I handle a refund request from a payer?

How do I get a payer to recognize an urgent care clinic?

Do you need to bill Medicare for exactly what it pays?

How do I measure my collection success as a new practice?

Can payment plans realistically cover increasing out-of-pocket costs?