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Practice tip of the week: Controlling overhead costs

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Your weekly dose of wisdom from the Physicians Practice experts.

lightbulb doodle © Matias - stock.adobe.com

lightbulb doodle © Matias - stock.adobe.com

With all the useful information available on Physicians Practice, it is easy to become overwhelmed.

With this in mind, the tip of the week is a chance to reflect on some of the wisdom found all across the site. In this May 2024 article on how to control overhead costs in your practice, Neil Baum, MD, gives this tip:

Embrace technology: Investing in technology can streamline operations and reduce overhead costs in the long run. Electronic health records, telemedicine platforms and automated billing systems can improve efficiency, reduce paperwork and minimize administrative costs. While the initial investment may seem daunting, the long-term benefits of technology adoption far outweigh the costs.

Click here to read the rest of the article and be sure to check back next week for another Tip of the Week!

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