Billing & Collections

Strategic planning as a process implies a look at the future and anticipation of changes. Your practice mission statement, values, and past performance will all dictate how your practice will respond to future events.

Want to reduce possible embezzlement and detect fraud at your medical practice? Monitor your various financial accounts closely using these tips.

Here are six strong indications that a physician needs to be concerned about possible embezzlement in a medical practice.

Concierge medicine helps physicians tap into the value of their personal relationships with patients, despite worries to the contrary.

Here are a few key issues physicians need to start thinking about and talking to their advisors about immediately.

How many of your patients only have Medicare and not secondary or supplemental insurance? More than you'd think. Here's how to help them manage their account.

Here's really how the experts figure out what to pay or ask for when it comes to the price of a medical practice.

How family physician Katharina Scharruhn and her partner-husband learned to treat their practice like a business.

Many practices are struggling with the costs of implementing and adopting EHRs. But some revenue boosting opportunities may be in the pipeline.

Here are some specific steps and resources to get you started on your own business continuation planning for your medical practice.

You may be eligible to receive a medical loss ratio rebate from the insurer of your medical practice staff. Here's a guide on how to distribute them properly.

Here are some key tips you can take to increase the volume of fee-for-service / cash paying patients at your medical practice.

Medicare reimbursement could become more problematic the pay cut due to the flawed Sustainable Growth Rate (SGR) formula is not averted.

Due to the current healthcare climate a colleague of mine is moving to the corporate world and it saddens me that the system is forcing out excellent physicians.

Including three precautionary steps in your evaluation process of a disability and medical liability insurer for your practice is a worthy investment.

Allergy testing is a potential new revenue source for your medical practice to consider in order better serve patients. Here's info on United Allergy Services.

If Congress fails to avert the Medicare SGR pay cut, many physicians will shut their doors to new Medicare patients. But things could get even worse.

HDL provides physicians the ability to perform comprehensive lab tests for the early detection of several issues while also adding revenue.

Here is an easy and quick tip that will immediately increase your inflow with minimal time and effort from treating staff at your medical practice.

Physicians continue to drop Medicare patients and it will continue unless something is done to reinvigorate enthusiasm on the part of providers.

Florida physician's "feeding tube diet" is courting controversy, but he says it is like any other ancillary service to capture additional revenue.

Looking for a simple tool to create a payment plan for your patients? Here's one to download and use at your medical practice.

Here's a simple form to download and use at your medical practice to set up a payment plan with patients.

Use this simple worksheet for better financial control at your private medical practice.

The AMA is recommending a “multipronged approach” to slow Medicare cost growth.

With all the talk of trimming healthcare spending, perhaps it is time to look at indirect costs - administrative and regulatory procedures with no proven benefit.

Want to take the pulse of your medical practice's finances? Try this easy-to-use tool to conduct a fiscal check-up on your office.

In Part 4 of our start-up series, we’ll address the foundational issues on your practice’s single largest asset and its greatest liability: employees.

Here are three established valuation approaches to take the guesswork and emotion out of looking at your medical practice.

Buying the perfect building for your medical practice requires you to consider much more than “location, location, location.”