Practice Management

A medical practice needs to have both leaders and managers.

It can be difficult for staff when they are in conflict with someone more senior than themselves.

Outcomes-based models are spreading, but fee-for-service still dominates payment landscape.

For many clinicians, consumerism is a concept that is not very tangible, so practitioners may not know how to fight something that they cannot see, feel, or touch.

For the majority of practices, real estate is the second highest expense behind payroll.

The most common reason for strategy failure is that they failed to build execution into their strategic planning process.

Monetary micro-incentives routed directly to individual clinicians are being used to shift providers into value-based behaviors without the need to re-contract rates or design new payment models.

Ways to create psychological safety in your care group.

Regardless of the reason for selling, there are numerous complex issues a medical practice must consider when its owners decide to sell.

Study determines amount of time needed for guideline-based care.

While there is no silver bullet solution, we can agree that what’s really important is patients having access to quality, credentialed providers.

Your success or lack thereof will rest upon patient loyalty.

Your weekly dose of wisdom from the Physicians Practice experts.

When a moment of magic often occurs, hopefully, more frequently than moments of misery, the positive movement is not recognized and is seldom celebrated.

Strategic planning is your practice’s road map to a shared vision.

As healthcare worker burnout is on the rise and job satisfaction falls at twice the rate of other sectors, it’s clear healthcare employers may be underestimating the level of support needed across the industry.

Here are six things you need to do now to build trust.

Put yourself in your patient's shoes.

While staffing shortages are nothing new to the healthcare industry, the pandemic elevated the issue to a critical level.

Will the health system battered by the pandemic emerge more vital in the year ahead?

Rigidly sticking to the traditional way of doing things can be detrimental to staff wellbeing.

Compensation is rising, as staffing shortages persist.

Just because it's always been done a certain way, doesn't mean it needs to be.

As the prevalence of high deductible health plans has increased, patients are responsible for a greater portion of their medical bills.

When a window is broken or a problem is identified in our practices, then fix it immediately.

Reducing generational tension among staff can make your practice run smoother.

Improve your practice’s cash flow with the right financial strategies.

Don't wait until it's too late to start planning for practice succession.

The color of one’s skin should never be a death sentence or greatly impact health outcomes.

Avoid these pitfalls when selling your medical practice.