Business Aspects Of Your Medical Practice

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The Complete Business Guide for a Successful Medical Practice

Author : Neil Baum
Publisher : Springer
ISBN 13 : 3319110950
Total Pages : 281 pages
Book Rating : 4.3/5 (191 download)

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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 281 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.

The Business Basics of Building and Managing a Healthcare Practice

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

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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 Medical Entrepreneur

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

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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.

Start Your Own Medical Practice

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

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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.

Medical Practice Business Plan Workbook, Third Edition

Author : Peter D. Lucash
Publisher : CRC Press
ISBN 13 : 1439855315
Total Pages : 128 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Medical Practice Business Plan Workbook, Third Edition by : Peter D. Lucash

Download or read book Medical Practice Business Plan Workbook, Third Edition written by Peter D. Lucash and published by CRC Press. This book was released on 2011-10-17 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does a medical practice thrive in a business environment where the margin of management error has all but disappeared? Profit margins are being squeezed by declining reimbursement rates, capitation plans, gamesmanship on the part of the payors, and increasing operating costs. Addressing the specific needs of today’s medical practice, Medical Practice Business Plan Workbook, Third Edition supplies a detailed and ordered work plan to tackle some of the most pressing issues facing the field. Peter D. Lucash delves into decades of experience helping physician groups develop business plans to guide you along the process of building the profitable practice you want and deserve. This updated edition of a bestseller begins with a review of the fundamentals, including the questions your plan should answer, how to get started, how to organize and develop your plan, and the staff support and resources you will need. Complete with a wealth of helpful sample plans and worksheets, this workbook: Reflects recent changes in the healthcare industry, including federal healthcare reform Offers a one-of-a-kind design and approach tailored to the medical practice Covers conceptualization, organization, and implementation of your business plan This updated edition reflects current and forecasted challenges for practices, including the Affordable Care Act, data security, and quality and outcome measures. It supplies detailed coverage of the different types of organizations, governance and management, personnel needs, key business relationships and contacts, demographics and economic factors, patients as customers, competitor analysis, marketing, information technology, disaster and business continuity planning, and financial strategies. The final section outlines a process for implementing your plan. Sticking to this process will help ensure your plan covers what is needed to succeed in today’s complex medical environment. Visit www.Lucash.com for videos and other resources to help you develop and implement your practice business plan.

Grow Your Medical Practice and Get Your Life Back

Author : David Finkel
Publisher :
ISBN 13 : 9780692063934
Total Pages : pages
Book Rating : 4.0/5 (639 download)

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Book Synopsis Grow Your Medical Practice and Get Your Life Back by : David Finkel

Download or read book Grow Your Medical Practice and Get Your Life Back written by David Finkel and published by . This book was released on 2018-02 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: If you've ever dreamed of growing your practice, but were afraid the time and lifestyle costs to your family would be too high, then this book will transform how you approach running your medical practice.Here, concentrated in one book, is your map to grow your practice and get your life back. This formula has helped thousands of physicians grow their medical practices in a way that increases their personal time and freedom.You'll learn:- The real reasons why physician owners work so hard (and how you can have more personal time while still earning more).- A simple four-step formula to sustainably grow your medical practice.- How to develop your practice systems, team, and culture to give you a stable base upon which to grow.- How to apply the six practice accelerators to reach your goals faster.- How to work less and still earn more by applying proven business best practices to enhance your medical practice.- 12 cash-flow secrets to increase your practice's profitability.- And much more.This book is filled with practical, concrete insights and examples to grow your practice so that you earn more, enjoy more, and serve more. Best of all, you'll learn to do it in a way that allows you to work less.

Medicine and Business

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

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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

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

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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.

For-Profit Enterprise in Health Care

Author : Institute of Medicine
Publisher : National Academies Press
ISBN 13 : 0309036437
Total Pages : 580 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis For-Profit Enterprise in Health Care by : Institute of Medicine

Download or read book For-Profit Enterprise in Health Care written by Institute of Medicine and published by National Academies Press. This book was released on 1986-01-01 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: "[This book is] the most authoritative assessment of the advantages and disadvantages of recent trends toward the commercialization of health care," says Robert Pear of The New York Times. This major study by the Institute of Medicine examines virtually all aspects of for-profit health care in the United States, including the quality and availability of health care, the cost of medical care, access to financial capital, implications for education and research, and the fiduciary role of the physician. In addition to the report, the book contains 15 papers by experts in the field of for-profit health care covering a broad range of topicsâ€"from trends in the growth of major investor-owned hospital companies to the ethical issues in for-profit health care. "The report makes a lasting contribution to the health policy literature." â€"Journal of Health Politics, Policy and Law.

Business of Medical Practice

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

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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

Business Aspects of Optometry

Author : Association of Practice Management Educa
Publisher : Elsevier Health Sciences
ISBN 13 : 145572825X
Total Pages : 510 pages
Book Rating : 4.4/5 (557 download)

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Book Synopsis Business Aspects of Optometry by : Association of Practice Management Educa

Download or read book Business Aspects of Optometry written by Association of Practice Management Educa and published by Elsevier Health Sciences. This book was released on 2009-12-15 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: Count on this complete guide to setting up and managing an optometric practice! Business Aspects of Optometry covers everything related to the business side of a practice — such as selecting a location and staff, equipping the office, office administration and personnel management, marketing, options for a specialty practice, controlling costs, billing and reimbursement, risk management, and financial planning. To succeed in practice, this is the one resource you need! - Unique! Expert authors are practice management educators who teach the course in optometry schools. - A logical organization makes it easy to find practical information on managing your own practice or purchasing your own practice. - Coverage of different types of ownership includes self-employment, individual proprietorships, partnerships, and corporations. - Coverage of cost control issues compares the selection and use of an optical laboratory versus an in-house finishing lab. - Risk management and insurance coverage provides an overview of personal, life, liability, and disability insurance. - Coverage of financial planning and tax reporting discusses topics including IRAs, retirement plans, estate planning, and personal and business tax issues. - Bulleted lists, tables, figures, and boxes help you locate valuable information quickly. - Checklists provide a logical progression in completing tasks. NEW chapters expand the book's scope of coverage, and include these topics: - Personal and professional goal setting - Resumes and interviews - Debt management - Principles of practice transfer - Ethics - Quality assurance - Specialty practice - Vision rehabilitation - Coding and billing - Financial decision making - Exit strategies

Medical Practice Management in the 21st Century

Author : Marjorie A. Satinsky
Publisher : Radcliffe Publishing
ISBN 13 : 1846190231
Total Pages : 208 pages
Book Rating : 4.8/5 (461 download)

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Book Synopsis Medical Practice Management in the 21st Century by : Marjorie A. Satinsky

Download or read book Medical Practice Management in the 21st Century written by Marjorie A. Satinsky and published by Radcliffe Publishing. This book was released on 2007 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses multiple aspects of medical practice management. Presented in the workbook format, supported by web-based tools, this book allows busy physicians to gain a basic understanding of many topics, determine strategies for their practices, and seek additional information when they want it.

Legal Aspects of Medical Practice

Author : Bernard Knight
Publisher :
ISBN 13 : 9780443045684
Total Pages : 385 pages
Book Rating : 4.0/5 (456 download)

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Book Synopsis Legal Aspects of Medical Practice by : Bernard Knight

Download or read book Legal Aspects of Medical Practice written by Bernard Knight and published by . This book was released on 1992 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest edition of a well-established and trusted account of the relationship of medicine to Law. 'Legal Aspects of Medical Practice' assists doctors in all specialties and at all levels of seniority in understanding the principles of the legal systemas it affects the medical profession. Together with an outline of clinical forensic medicine and forensic pathology, it enables doctors of all disciplines to recognise and cope with medico-legal complications.

31 1/2 Essentials for Running Your Medical Practice

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

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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.

Physician Practice Management

Author : Lawrence F. Wolper
Publisher : Jones & Bartlett Learning
ISBN 13 : 0763748218
Total Pages : 728 pages
Book Rating : 4.7/5 (637 download)

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Book Synopsis Physician Practice Management by : Lawrence F. Wolper

Download or read book Physician Practice Management written by Lawrence F. Wolper and published by Jones & Bartlett Learning. This book was released on 2005 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt: Health Sciences & Professions

Getting Down to Business: the New Doctor's Guide

Author : Joseph Ullman
Publisher : iUniverse
ISBN 13 : 0595390854
Total Pages : 179 pages
Book Rating : 4.5/5 (953 download)

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Book Synopsis Getting Down to Business: the New Doctor's Guide by : Joseph Ullman

Download or read book Getting Down to Business: the New Doctor's Guide written by Joseph Ullman and published by iUniverse. This book was released on 2006-06 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: You will have partners when you practice medicine but now you have a partner to help you negotiate for that job and enhance your career! This unique book will help new physicians put those years of medical education and training to work and discover. Keys to selecting a job How to evaluate a job offer How to read a contract and what to expect in one Credentialing, licensing and applications tips Negotiating skills Avoiding hidden traps, risks, and agendas that could cost thousands of dollars and affect your career Avoiding and dealing with lawsuits and disciplinary actions If you start your medical practice without paying attention to the business aspects it might cost you tens of thousands of dollars, take years off your career, and jeopardize your marketability and reputation. Avoid those pitfalls with this superb resource. Written by a former chief of Radiology with 17 years of experience in 6 states, there are dozens of invaluable tips in here for optimizing your practice decisions. Getting Down to Business: The New Doctor's Guide is arguably the most valuable book you'll buy during your medical training. Destined to become a classic along with Harrison's, The Washington Manual, and The House of God, Getting Down to Business: The New Doctor's Guide finally fills a critical vacancy in the medical training literature. This easy to read and lighthearted compendium of tips will pay for itself hundreds of times over throughout the new physician's career.

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

Author : Clayton M. Christensen
Publisher : McGraw Hill Professional
ISBN 13 : 0071592091
Total Pages : 496 pages
Book Rating : 4.0/5 (715 download)

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

Download or read book The Innovator's Prescription: A Disruptive Solution for Health Care written by Clayton M. 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 legendaryleader 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 improvehealth 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 arange 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