Finance

Rising tariffs on medical supplies could drive up health care costs this year, creating new financial and operational challenges for practices.

Tariffs are set to drive up costs across industries — including health care — impacting everything from medical supplies to retirement accounts. Take a look at the ripple effects on medical practices and some proactive strategies for physicians to stay one step ahead.

Discover expert strategies for medical practices to manage rising supply and device costs driven by inflation and tariffs.

New tariffs from the Trump administration exempt pharmaceuticals but may still raise costs and disrupt supply chains for medical practices.

Discussing costs with patients is a conversation many physicians avoid, but they're doing their practice a disservice.

Doctors are dealing with a ton of challenges all at once, and seeing their reimbursement shrink while costs to do business increase is a major problem.

Don’t necessarily expect easy going the rest of the year.

Your weekly dose of wisdom from the Physicians Practice experts.

The impact of behavioral biases on health care business decisions.

Section 179 allows businesses to deduct the full purchase price of qualifying equipment and/or software during the tax year.

Your weekly dose of wisdom from the Physicians Practice experts.

Medical professionals use advanced technology to deliver optimal patient care on the frontline, but data shows that many business offices in the healthcare industry are hesitant to do the same.

If you let patients know from the start what you expect from them, you’re far more likely to get the money you’re asking for.

Physicians who buy into these facilities receive a share of the value and, depending on the facility will be required to invest some of their own surgical expertise there.

Even small deals are drawing greater government interest

What to do when you've inherited some property.

The importance of engaging a tax professional when optimizing your Section 179 deductions.

Six pitfalls medical professionals should try to avoid when navigating Section 179.

Section 179 is an important step in your year-end planning journey.

MGMA Senior Vice President for Government Affairs, Anders Gilberg, discusses some of what’s the organization is anticipated in the 2024 Physician Fee Schedule.

Skyrocketing out-of-pocket healthcare costs and unexpected medical expenses are outpacing inflationary pressures which have already decimated the budgets of many American families.

Your weekly dose of wisdom from the Physicians Practice experts.

Operating a profitable medical practice is perhaps more challenging than ever.

Leading groups look for ways to eliminate confusion not just on the front end, but also on the back end.

Digital financial engagement offers significant opportunities to reach patients early in the financial stage of their encounter while lowering administrative costs.

Three tips and tricks for practices looking to boost the bottom line.

Avoid these common mistakes to achieve financial success for your practice.

Satisfied patients are more likely to return for future medical needs, as well as post favorable comments and ratings online.

We're entering the 100 deadliest days.