Billing & Collections

You've budgeted for training and software upgrades, but there are less tangible costs attributed to the ICD-10 transition. Here's how to prepare.

The 401K plan is the overwhelmingly popular choice of retirement plans for most medical practices. But some may want to consider the Simple IRA.

One of the trickiest aspects of evaluating money and investments is the aspect of time. Have you considered how time could impact the value of your money?

The uncertainty of knowing just how much money one will need over decades of retirement is a challenge faced by most physicians.

The incident-to rules can be confusing for many physicians, practice managers, and billers and coders. Here's some helpful guidance.

Physician parents must continue to foster smart money skills in their children through the college years. Here are some tips.

The teenage years are a critical time for children to gain financial independence. Here's how physician parents can help.

Physicians should start fostering money skills in their children from a young age. Here are some techniques to try.

If your medical practice is among those only partially ready or just in the initial stages of an ICD-10 transition plan, it's time to get moving.

Physicians should take some special precautions if they expect a substantial inheritance. Here's why.

Revenue cycle management can be the key to boosting the financial performance of small medical practices. Here's how.

There's no more putting it off. If your practice hasn't started preparing for ICD-10 it's already behind. Here's how to catch up.

Although investment returns rarely are consistent year by year, we can make assumptions based on annualized returns over a period of many years.

You know your medical practice staff member deserves a raise, but the timing isn’t right. Here are some alternatives experts recommend.

Taking the opportunity to review your financial life now could make for a better 2015. Here are 10 questions all physicians should be asking themselves as the year comes to a close.

Patient deductibles will continue to rise to record levels in 2015. Here's how to prepare your practice.

Physicians may want to think twice prior to purchasing dental insurance. Here's why.

New risk-contracting discussions are now occurring between providers/hospitals and the pharmaceutical and medical device industries.

Here are some common reoccurring issues at the end of each year your practice needs to know about and act on properly.

Start 2015 off on the right foot. Here are 12 ways medical practice experts say your practice can collect more from patients.

Umbrella coverage is one of my first and strongest recommendations to physician clients. Here's why.

Although there are many ways to save for a child's college education, I recommend that my clients consider these two methods.

For medical practices with clinical laboratories, compliance with formal proficiency testing must be a priority.

An accurate, useful budget can help physician owners and medical practice administrators make sound, strategic, and disciplined choices.

Physician clients often ask whether it is wiser to pay off debt or invest in the stock and bond markets. Here's what I tell them.