The Business Of Medical Practice

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The Business Basics of Building and Managing a Healthcare Practice

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Author : Neil Baum
Publisher : Springer Nature
ISBN 13 : 3030277763
Total Pages : 209 pages
Book Rating : 4.0/5 (32 download)

Book Synopsis The Business Basics of Building and Managing a Healthcare Practice by : Neil Baum

Download or read book The Business Basics of Building and Managing a Healthcare Practice written by Neil Baum and published by Springer Nature. This book was released on 2019-11-20 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended to be a roadmap towards a successful practice for medical students, residents, fellows, and doctors. This roadmap focuses on how to build and manage a medical practice, and can be applied regardless if the reader is employed, joins a small group, or if they are a doctor who decides to start their own practice. Part I covers the basic business concepts that every physician needs to know. Chapters emphasize the benefits that accrue to a physician who understands the basics of business. Part II provides a guide for doctors who are beginning a medical practice. The chapters define the various options for doctors’ employment such as solo practice, group practice, and academic medicine. The section also includes the process of negotiating contracts, identifying the advisers who help physicians become successful, and secure within their field and practice. The final part emphasizes strategies on how to build and grow a successful practice by covering topics such as hiring staff, employee motivation, creating a brand, gaining recognition, online reputation and presence, crisis management, integrating new technology, and work/life balance. The Business Basics of Building and Managing a Healthcare Practice serves as a valuable resource that helps doctors make a difference in the lives of their patients, as well as help them make good financial decisions.

The Complete Business Guide for a Successful Medical Practice

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Author : Neil Baum
Publisher : Springer
ISBN 13 : 3319110950
Total Pages : 277 pages
Book Rating : 4.3/5 (191 download)

Book Synopsis The Complete Business Guide for a Successful Medical Practice by : Neil Baum

Download or read book The Complete Business Guide for a Successful Medical Practice written by Neil Baum and published by Springer. This book was released on 2015-01-02 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides physicians with the basic business skills in order for them to become involved in the financial aspect of their practices. The text will help the physician decide what kind of practice they would like to join (i.e. private practice, small group practice, solo practice, hospital employment, large group practice, academic medicine, or institutional\government practice) as well as understand the basics of contracting, restrictive covenants and how to navigate the road to partnership. Additional topics covered include, monthly balance sheets, productivity, overhead costs and profits, trend analysis and benchmarking. Finally, the book provides advice on advisors that doctors will need to help with the business of their professional and personal lives. These include accountants, bankers, lawyers, insurance agents and other financial advisors. The Complete Business Guide for a Successful Medical Practice provides a roadmap for physicians to be not only good clinical doctors but also good businessmen and businesswomen. It will help doctors make a difference in the lives of their patients as well as sound financial decisions for their practice.

Start Your Own Medical Practice

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Author : Marlene M. Coleman
Publisher : Sourcebooks, Inc.
ISBN 13 : 157248795X
Total Pages : 274 pages
Book Rating : 4.5/5 (724 download)

Book Synopsis Start Your Own Medical Practice by : Marlene M. Coleman

Download or read book Start Your Own Medical Practice written by Marlene M. Coleman and published by Sourcebooks, Inc.. This book was released on 2006-12-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: After years of school and maybe even after some years of practice, you are ready to do it on your own. Running a profitable business takes more than just being a great doctor. Start Your Own Medical Practice provides you with the knowledge to be both a great doctor and a successful business owner. Whether you are looking to open a single practice office or wanting to go into partnership with other colleagues, picking the right location, hiring the right support staff and taking care of all the finances are not easy tasks. With help from Start Your Own Medical Practice, you can be sure you are making the best decisions for success. Don't let a wrong choice slow down your progress. Find advice to: --Create a Business Plan --Manage the Office --Raise Capital --Bill Your Patients --Market Your Practice --Build a Patient Base --Prevent Malpractice Suits --Keep an Eye on the Goal With checklists, sample letters and doctor's office forms, Start Your Own Medical Practice teaches you all the things they didn't in medical school and gives you the confidence to go out and do it on your own.

The Business of Medical Practice

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Author : David E. Marcinko, MBA, CFP, CMP
Publisher : Springer Publishing Company
ISBN 13 : 0826105769
Total Pages : 512 pages
Book Rating : 4.8/5 (261 download)

Book Synopsis The Business of Medical Practice by : David E. Marcinko, MBA, CFP, CMP

Download or read book The Business of Medical Practice written by David E. Marcinko, MBA, CFP, CMP and published by Springer Publishing Company. This book was released on 2010-12-15 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the previous edition: "This comprehensive multi-authored text contains over 450 pages of highly specific and well-documented information that will be interest to physicians in private practice, academics, and in medical management. . . [Chapters are] readable, concise yet complete, and well developed. I could have used a book like this in the past, I will certainly refer to it frequently now." 4 stars Carol EH Scott-Conner, MD, PhD, MBA American College of Physician Executives Does Health 2.0 enhance or detract from traditional medical care delivery, and can private practice business models survive? How does transparent business information and reimbursement data impact the modern competitive healthcare scene? How are medical practices, clinics, and physicians evolving as a result of rapid health- and non-health-related technology change? Does transparent quality information affect the private practice ecosystem? Answering these questions and more, this newly updated and revised edition is an essential tool for doctors, nurses, and healthcare administrators; management and business consultants; accountants; and medical, dental, business, and healthcare administration graduate and doctoral students. Written in plain language using nontechnical jargon, the text presents a progressive discussion of management and operation strategies. It incorporates prose, news reports, and regulatory and academic perspectives with Health 2.0 examples, and blog and internet links, as well as charts, tables, diagrams, and Web site references, resulting in an all-encompassing resource. It integrates various medical practice business disciplines-from finance and economics to marketing to the strategic management sciences-to improve patient outcomes and achieve best practices in the healthcare administration field. With contributions by a world-class team of expert authors, the third edition covers brand-new information, including: The impact of Web 2.0 technologies on the healthcare industry Internal office controls for preventing fraud and abuse Physician compensation with pay-for-performance trend analysis Healthcare marketing, advertising, CRM, and public relations eMRs, mobile IT systems, medical devices, and cloud computing and much more!

Medicine and Business

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Author : Ronald V. Bucci
Publisher : Springer Science & Business Media
ISBN 13 : 331904060X
Total Pages : 199 pages
Book Rating : 4.3/5 (19 download)

Book Synopsis Medicine and Business by : Ronald V. Bucci

Download or read book Medicine and Business written by Ronald V. Bucci and published by Springer Science & Business Media. This book was released on 2014-03-18 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to provide physicians with the information they need in applying business management skills to their medical practice. It covers management and leadership practices, financial planning and execution, hospital governance, managed care, marketing activities, and medical business law. Written for the physician in easily understandable language, it describes each concept, delineates its applications in various practice environments and provides insight into the future developments in each sector.

The Physician's Guide to the Business of Medicine

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Author : Jeffrey T. Gorke
Publisher : Greenbranch Pub Llc
ISBN 13 : 9780981473802
Total Pages : 155 pages
Book Rating : 4.4/5 (738 download)

Book Synopsis The Physician's Guide to the Business of Medicine by : Jeffrey T. Gorke

Download or read book The Physician's Guide to the Business of Medicine written by Jeffrey T. Gorke and published by Greenbranch Pub Llc. This book was released on 2010-01-01 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nationally known healthcare consultant Jeffrey Gorke translates his 20 years of experience into a winning playbook for joining, starting or running a "dream" practice. Packed with tips, insights and action-oriented tools, this fast-paced guide helps readers rapidly master the language, players, management structures and culture issues and use what they've learned to ask all the right questions in identifying, seeking and landing the absolute best job. Learn how to size up location, compensation, work-life balance, and the freedom to practice medicine! NOTEWORTHY FEATURES - A comprehensive, step-by-step check list makes sure you cover every question in the practice-selection process and lets you do revealing side-by-side comparisons of all the practices under consideration. - Practical tips and reality checkpoints on what to expect in the private practice setting. - Instant financial mastery: Spreadsheets and graphical presentations make it easy for readers to evaluate business and financial data to learn what's really happening in a practice — and what questions you'll need to keep asking if you decide to join. - Clear action steps: How to evaluate factors such as a practice's location or culture and what plusses and minuses to look for in terms of managers, consultants, and business structure. - And a Bonus! Illustrative real-life anecdotes from the medical practice trenches.

The Business of Building and Managing a Healthcare Practice

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Author : Neil Baum
Publisher : Springer Nature
ISBN 13 : 3031376234
Total Pages : 261 pages
Book Rating : 4.0/5 (313 download)

Book Synopsis The Business of Building and Managing a Healthcare Practice by : Neil Baum

Download or read book The Business of Building and Managing a Healthcare Practice written by Neil Baum and published by Springer Nature. This book was released on 2023-08-31 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building on the foundation of the previous edition, this book takes readers to the next level of management of medical practices for the 21st century. The road to becoming a physician is not an easy one to travel, nor does it become easier once a doctor completes his\her training. After a long and arduous training process, doctors embark on their professional journey, and there are major crossroads that are fraught with challenges, unknowns and risk. The transition to professional practice is daunting, and many physicians leave their training unprepared for the business of medicine. Even at the peak of their careers, sustaining a successful and profitable practice is not easy. Opening chapters revisit the basic business concepts that every physician needs to know, emphasizing the benefits that accrue to a physician who understands the basics of business, from accounting and contracts to managing people and personal finances. The next set of chapters offers a roadmap for doctors who are beginning a medical practice and will include new methods and procedures that have become available since the original edition, defining the various options for doctors’ employment such as solo practice, group practice and academic medicine. The final chapters emphasize strategies on how to build and grow a successful practice, including the use of technology and telemedicine, cybersecurity, marketing and much more. Unfortunately, not every doctor has the background, training and skills to manage a medical practice. The Business of Building and Managing a Healthcare Practice simplifies the process of business management and provides the practicing physician with knowledge to be able to enjoy the business component of his\her medical practice.

The Medical Entrepreneur

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Author : Steven M. Hacker
Publisher : Nano 2 Business Press
ISBN 13 : 0615407137
Total Pages : 126 pages
Book Rating : 4.6/5 (154 download)

Book Synopsis The Medical Entrepreneur by : Steven M. Hacker

Download or read book The Medical Entrepreneur written by Steven M. Hacker and published by Nano 2 Business Press. This book was released on 2010 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A comprehensive primer on the business skills essential for physicians."- Kirkus Reviews"A doctors' guide to entrepreneurship..."- Kirkus ReviewsThis is the new third edition (2015-2016) of the most popular business and practice management book for physicians, medical students and medical residents. Thousands of doctors and entrepreneurs have bought this book before joining a group or starting their own practice or entrepreneurial venture. The brand new third edition contains NEW FORMATTING AND NEW MATERIAL for the same low price as past editions. This third edition includes a bonus section to help entrepreneurs and doctors source out specific vendors' and their products and services to get a jumpstart on your business or medical practice. WARNING AND ADVICE for Doctors & Medical students and entrepreneurs: BEFORE JOINING A GROUP PRACTICE OR STARTING A NEW BUSINESS, DO NOT SIGN ANY CONTRACTS UNTIL YOU HAVE FINISHED READING THIS BOOK.This book is written to help doctors, medical residents, medical students, and physicians in private practice and academia avoid costly business mistakes in their post medical school career. It is uniquely written from the perspective of a successful physician entrepreneur. Busy doctors with little time can quickly access critical cost saving information when joining or starting a private practice. Topics include everything from how to set up a practice, sign a contract with another group, hire another doctor, contract with insurance companies, understand health regulations including the HITECH stimulus act, how to qualify to receive stimulus funds, billing in the office, hiring and firing personnel, picking a location, obtaining hospital privileges, applying for the required licenses, electronic health records, practice management software, health technology in the office, how to protect your estate, liability issues, marketing and public relations, design of the medical office and more. Also written for the physician entrepreneur, the book explains how to raise capital, term sheets, understanding venture capital, board of directors, incorporation election issues, how to understand financials, balance sheets, negotiations, hiring the management team, how to take an idea and turn it into an operating business, how to protect your intellectual property, copyrights, trademarks, patents, customer acquisition and how to deal with a business when things go wrong. The book covers much more and includes expert "stat consults" or opinions from corporate attorneys, intellectual property attorneys, board certified health care attorneys and estate attorneys.

Business of Medical Practice

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Author : David Edward Marcinko
Publisher : Springer Publishing Company
ISBN 13 : 9780826123763
Total Pages : 524 pages
Book Rating : 4.1/5 (237 download)

Book Synopsis Business of Medical Practice by : David Edward Marcinko

Download or read book Business of Medical Practice written by David Edward Marcinko and published by Springer Publishing Company. This book was released on 2004 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: An interdisciplinary team of experts teaches newcomers how to open, staff, and equip an insurance-friendly office for patients, and how to raise the capital necessary for it. New coverage in the second edition includes: How to write a medical office business plan; Compliance methods; Risk and programs; The insurance CPT coding issues; Six-sigma initiatives; Futuristic information technology to track clinical outcomes; Treatment results and medical care; Physician recruitment

Surviving the “Business” of Healthcare - Knowledge is Power!

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Author : Barbara Galutia Regis, M.S., PA-C
Publisher : Outskirts Press
ISBN 13 : 1478760494
Total Pages : 155 pages
Book Rating : 4.4/5 (787 download)

Book Synopsis Surviving the “Business” of Healthcare - Knowledge is Power! by : Barbara Galutia Regis, M.S., PA-C

Download or read book Surviving the “Business” of Healthcare - Knowledge is Power! written by Barbara Galutia Regis, M.S., PA-C and published by Outskirts Press. This book was released on 2018-11-21 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Healthcare has changed immensely over the past few generations—house calls from a local family doctor are a thing of the past, and the deeply personal relationships and bonds between provider and patient are eroding with the demands of for-profit insurance. As a family practitioner focused on cradle-to-grave care, author Barb Regis has a valuable perspective on how patients can experience better outcomes. Topics addressed in this information-packed book include how to choose a primary care physician, how to plan for catastrophic healthcare costs, how to comparison shop for medication, and how to be an effective advocate for yourself and loved ones. As the daughter of a busy family doctor, Barb also shares vivid anecdotes from her childhood which illuminate the heart of a doctor’s calling and demonstrate how insurance can dictate and interfere with quality of care. This book is a must-read for everyone who wants to make informed, effective decisions about healthcare—knowledge is power!

The Innovator's Prescription: A Disruptive Solution for Health Care

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Author : Clayton Christensen
Publisher : McGraw Hill Professional
ISBN 13 : 9780071592093
Total Pages : 496 pages
Book Rating : 4.5/5 (92 download)

Book Synopsis The Innovator's Prescription: A Disruptive Solution for Health Care by : Clayton Christensen

Download or read book The Innovator's Prescription: A Disruptive Solution for Health Care written by Clayton Christensen and published by McGraw Hill Professional. This book was released on 2008-10-31 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: A groundbreaking prescription for health care reform--from a legendary leader in innovation . . . Our health care system is in critical condition. Each year, fewer Americans can afford it, fewer businesses can provide it, and fewer government programs can promise it for future generations. We need a cure, and we need it now. Harvard Business School’s Clayton M. Christensen—whose bestselling The Innovator’s Dilemma revolutionized the business world—presents The Innovator’s Prescription, a comprehensive analysis of the strategies that will improve health care and make it affordable. Christensen applies the principles of disruptive innovation to the broken health care system with two pioneers in the field—Dr. Jerome Grossman and Dr. Jason Hwang. Together, they examine a range of symptoms and offer proven solutions. YOU’LL DISCOVER HOW “Precision medicine” reduces costs and makes good on the promise of personalized care Disruptive business models improve quality, accessibility, and affordability by changing the way hospitals and doctors work Patient networks enable better treatment of chronic diseases Employers can change the roles they play in health care to compete effectively in the era of globalization Insurance and regulatory reforms stimulate disruption in health care

31 1/2 Essentials for Running Your Medical Practice

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Author : John Guiliana
Publisher : Greenbranch Publishing
ISBN 13 : 9780982705513
Total Pages : 146 pages
Book Rating : 4.7/5 (55 download)

Book Synopsis 31 1/2 Essentials for Running Your Medical Practice by : John Guiliana

Download or read book 31 1/2 Essentials for Running Your Medical Practice written by John Guiliana and published by Greenbranch Publishing. This book was released on 2011 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enjoy new control of your practice, profits, people ... and life Is there formula for running a practice that focuses on healing while still letting you enjoy robust profitability and a personal life, too? Yes In fact, there are 31 "essentials" - concrete solutions that have been tested, refined and proven to make a difference by highly successful practices. Now, with 31 1/2 Essentials for Running Your Medical Practice you can start using these same ideas to streamline your own practice, contain costs, defuse conflicts, boost reimbursement and increase physician, staff and patient satisfaction.

An American Sickness

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Author : Elisabeth Rosenthal
Publisher : Penguin
ISBN 13 : 0698407180
Total Pages : 434 pages
Book Rating : 4.6/5 (984 download)

Book Synopsis An American Sickness by : Elisabeth Rosenthal

Download or read book An American Sickness written by Elisabeth Rosenthal and published by Penguin. This book was released on 2017-04-11 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times bestseller/Washington Post Notable Book of 2017/NPR Best Books of 2017/Wall Street Journal Best Books of 2017 "This book will serve as the definitive guide to the past and future of health care in America.”—Siddhartha Mukherjee, Pulitzer Prize-winning author of The Emperor of All Maladies and The Gene At a moment of drastic political upheaval, An American Sickness is a shocking investigation into our dysfunctional healthcare system - and offers practical solutions to its myriad problems. In these troubled times, perhaps no institution has unraveled more quickly and more completely than American medicine. In only a few decades, the medical system has been overrun by organizations seeking to exploit for profit the trust that vulnerable and sick Americans place in their healthcare. Our politicians have proven themselves either unwilling or incapable of reining in the increasingly outrageous costs faced by patients, and market-based solutions only seem to funnel larger and larger sums of our money into the hands of corporations. Impossibly high insurance premiums and inexplicably large bills have become facts of life; fatalism has set in. Very quickly Americans have been made to accept paying more for less. How did things get so bad so fast? Breaking down this monolithic business into the individual industries—the hospitals, doctors, insurance companies, and drug manufacturers—that together constitute our healthcare system, Rosenthal exposes the recent evolution of American medicine as never before. How did healthcare, the caring endeavor, become healthcare, the highly profitable industry? Hospital systems, which are managed by business executives, behave like predatory lenders, hounding patients and seizing their homes. Research charities are in bed with big pharmaceutical companies, which surreptitiously profit from the donations made by working people. Patients receive bills in code, from entrepreneurial doctors they never even saw. The system is in tatters, but we can fight back. Dr. Elisabeth Rosenthal doesn't just explain the symptoms, she diagnoses and treats the disease itself. In clear and practical terms, she spells out exactly how to decode medical doublespeak, avoid the pitfalls of the pharmaceuticals racket, and get the care you and your family deserve. She takes you inside the doctor-patient relationship and to hospital C-suites, explaining step-by-step the workings of a system badly lacking transparency. This is about what we can do, as individual patients, both to navigate the maze that is American healthcare and also to demand far-reaching reform. An American Sickness is the frontline defense against a healthcare system that no longer has our well-being at heart.

Handbook of Concierge Medical Practice Design

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Author : Maria K. Todd
Publisher : CRC Press
ISBN 13 : 1466568186
Total Pages : 216 pages
Book Rating : 4.4/5 (665 download)

Book Synopsis Handbook of Concierge Medical Practice Design by : Maria K. Todd

Download or read book Handbook of Concierge Medical Practice Design written by Maria K. Todd and published by CRC Press. This book was released on 2014-12-10 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: In concierge medicine, physicians develop amenities-rich membership programs and collect a monthly or annual membership fee to pay for the amenities in addition to the medical services rendered. Handbook of Concierge Medical Practice Design examines the many considerations physicians must make prior to transitioning their practices into concierge services. Maria K. Todd, a recognized expert in concierge medicine, branding, consulting, healthcare, marketing, medical tourism, planning, and physician practice administration, explains how to set up a concierge practice. She describes how this new business model affects workflow and outlines financial considerations—including managed care payer relations, the hybrid practice, and predictive modeling—to uncover the hidden factors that affect bottom-line performance. The book supplies readers with models for creating a business plan and a strategy for transforming a practice into a concierge practice. It concludes by covering the legal aspects of creating a concierge practice. It includes patient acquisition and retention strategies as well as detailed plans for adding additional doctors and physician extenders, such as nurse practitioners and physician assistants. The book provides sample employment contracts and advice on how to select and work with consultants. It includes chapters on business process re-engineering, workflow management, financial considerations, competitive analysis, developing a business plan, and how to market the new practice.

Starting, Buying, and Owning the Medical Practice

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Author : J. Max Reiboldt
Publisher : American Medical Association Press
ISBN 13 : 9781603596060
Total Pages : 0 pages
Book Rating : 4.5/5 (96 download)

Book Synopsis Starting, Buying, and Owning the Medical Practice by : J. Max Reiboldt

Download or read book Starting, Buying, and Owning the Medical Practice written by J. Max Reiboldt and published by American Medical Association Press. This book was released on 2011-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accompanying CD-ROM contains ... "bonus materials."--CD-ROM label.

The Virtues in Medical Practice

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Author : Edmund D. Pellegrino
Publisher : Oxford University Press
ISBN 13 : 0199748756
Total Pages : 222 pages
Book Rating : 4.1/5 (997 download)

Book Synopsis The Virtues in Medical Practice by : Edmund D. Pellegrino

Download or read book The Virtues in Medical Practice written by Edmund D. Pellegrino and published by Oxford University Press. This book was released on 1993-11-11 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, virtue theories have enjoyed a renaissance of interest among general and medical ethicists. This book offers a virtue-based ethic for medicine, the health professions, and health care. Beginning with a historical account of the concept of virtue, the authors construct a theory of the place of the virtues in medical practice. Their theory is grounded in the nature and ends of medicine as a special kind of human activity. The concepts of virtue, the virtues, and the virtuous physician are examined along with the place of the virtues of trust, compassion, prudence, justice, courage, temperance, and effacement of self-interest in medicine. The authors discuss the relationship between and among principles, rules, virtues, and the philosophy of medicine. They also address the difference virtue-based ethics makes in confronting such practical problems as care of the poor, research with human subjects, and the conduct of the healing relationship. This book with the author's previous volumes, A Philosophical Basis of Medical Practice and For the Patient's Good, are part of their continuing project of developing a coherent moral philosophy of medicine.

The Business of Medical Practice

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Author : David Edward Marcinko
Publisher :
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.3/5 (91 download)

Book Synopsis The Business of Medical Practice by : David Edward Marcinko

Download or read book The Business of Medical Practice written by David Edward Marcinko and published by . This book was released on 2000 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: