The Business Basics of Building and Managing a Healthcare Practice

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Release : 2019-11-20
Genre : Medical
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Book Rating : 763/5 ( reviews)

The Business Basics of Building and Managing a Healthcare Practice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Business Basics of Building and Managing a Healthcare Practice write by Neil Baum. This book was released on 2019-11-20. The Business Basics of Building and Managing a Healthcare Practice available in PDF, EPUB and Kindle. 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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Release : 2015-01-02
Genre : Medical
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Book Rating : 950/5 ( reviews)

The Complete Business Guide for a Successful Medical Practice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Complete Business Guide for a Successful Medical Practice write by Neil Baum. This book was released on 2015-01-02. The Complete Business Guide for a Successful Medical Practice available in PDF, EPUB and Kindle. 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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Release : 2006-12-01
Genre : Business & Economics
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Book Rating : 95X/5 ( reviews)

Start Your Own Medical Practice - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Start Your Own Medical Practice write by Marlene M. Coleman. This book was released on 2006-12-01. Start Your Own Medical Practice available in PDF, EPUB and Kindle. 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 Physician's Guide to the Business of Medicine

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Release : 2010-01-01
Genre : Business & Economics
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Book Rating : 802/5 ( reviews)

The Physician's Guide to the Business of Medicine - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Physician's Guide to the Business of Medicine write by Jeffrey T. Gorke. This book was released on 2010-01-01. The Physician's Guide to the Business of Medicine available in PDF, EPUB and Kindle. 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.

Medical Practice Business Plan Workbook, Third Edition

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Release : 2011-10-17
Genre : Business & Economics
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Book Rating : 315/5 ( reviews)

Medical Practice Business Plan Workbook, Third Edition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Medical Practice Business Plan Workbook, Third Edition write by Peter D. Lucash. This book was released on 2011-10-17. Medical Practice Business Plan Workbook, Third Edition available in PDF, EPUB and Kindle. 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.