If you practice medicine, sooner or later you’ll get to the point that you want to fire a patient. Whatever the reason that you may have for terminating the physician-patient relationship, there needs to be a clear and consistent policy and procedure for doing so or you're exposing yourself to hassles and unnecessary potential liability.Â
Onc...
New ventures require money. The question is always where does that money come from. It may come from your savings, a loan or other investors. Regardless of whether you are starting your own practice, buying into a practice or related business (ASC, Imaging Center, etc)--you will need to make a capital investment.
In this episode, Dr. Brent La...
Today, I’m going to talk to you about practice managers and how they fit into your team.
Let’s start by talking about the difference between an office manager and a practice manager. If you hire someone to help manage your practice—regardless of how small it is—that employee is a practice manager.Â
What are the tasks that practice managers may...
In this episode, I have the great pleasure of chatting with Dr. Cheng Ruan, the founder of Texas Center for Lifestyle Medicine. Dr. Ruan started out in an internal medicine practice before starting his extremely successful and lucrative lifestyle medicine practice.Â
Here are some of the key points we touched on:
The first impression that people have of you is their experience when they walk in your front door. The person at the front desk is the first person from your office that someone is going to meet.Â
You want to hire looking through the prism of who you and your practice are and the demographics of your patient population.
By far, the MOST impo...
If you are like me, you never carry cash. I pay for EVERYTHING with my credit card. And, as a consumer, I get annoyed if a place doesn't take credit cards. I never actually think about the vendor side of things. I figure they bundle the cost of taking credit cards into whatever they're charging me.
The problem for physicians who are in-networ...
If you are an out-of-network provider for an insurance company you may perceive that you can get better reimbursement--in large part because, in some states, you can balance bill the patient.Â
But all of that's about to change. When the No Surprises Act, a federal law, goes into effect on Jan 1, 2022, you'll no longer be allowed to balance bi...
Do you know what your practice’s clean-claims submission rate is? Or maybe I should ask you if you even know what a clean claim is? Submitting clean claims is key to maximizing your ability to collect the money that is due to you. In this episode, I’ll tell you what a clean claim is, what clean claim rate you should try to achieve and how to d...
Employees often ask about taking leave through the Family Medical Leave Act, otherwise known as FMLA. As the employer, like when you own your own practice, you need to understand FMLA and everything that goes along with it.Â
FMLA allows employees to take an unpaid leave of absence for up to 12 weeks for medical reasons or family reasons. ...
As a physician, regardless of your specialty or where you practice, you want to have malpractice insurance. Today I’ll tell you about the different types of malpractice insurance and some of the things you are going to want to consider when trying to evaluate which is the best plan.
Types of malpractice insurance policies:Â
50% Complete
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.