The complete business guide for a successful medical practice / Neil Baum [and 6 more], editors.

Format:

Book

Contributor:

Baum, Neil, 1943- editor.

Language:

English

Subjects (All):

Medicine--Practice.

Medicine.

Genre:

Electronic books.

Physical Description:

1 online resource (xiv, 277 pages) : illustrations

Place of Publication:

Cham : Springer, 2015.

System Details:

Mode of access: World Wide Web.

text file

Summary:

It is imperative that doctors know how to speak the language of business when communicating with insurance companies, hospital administrators, bankers, accountants and other advisors. Like any business, doctors will need to have marketing and branding strategies that will create advantages and differentiation as the practice of medicine becomes increasingly competitive. This book offers suggestions for developing a practice that is both unique and attractive to new and existing patients, and also to other providers. Additionally it helps to identify your practice's strengths and strategize how to best showcase your areas of expertise by providing examples and analyzing the skills of other practicing physcians. 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.

Contents:

The Basics of the Business of Medicine

Transitioning from Training to Practice

Job Search

Compensations Models, Patient Volume & the Pro Forma

Insurances and Essential Fringe Benefits

The Coding Aspect of the Business of Medicine

Understanding Financial Statements

Numbers You Need to Know

The Revenue Cycle

Stark Law Impact on Medical Practice

Restrictive Covenants

Medical Equipment: Leasing vs. Buying

Ancillary Income

Selecting Advisors

Debt Reduction

Becoming Financially Savvy

Practice Buy-In Options: The Road to Partnership

Marketing: Understanding the Modern Patient and Customer

Building Your Career, Your Reputation, and Your Personal Brand

The Business Side of Developing a Social Media Presence into Your Medical Practice

Burnout Prevention for Practicing Physicians

Future of Medicine

Conclusion: Our Very Last Bottom Line.

Notes:

Includes bibliographical references and index.

Online resource; title from PDF title page (SpringerLink, viewed January 19, 2015).

ISBN:

9783319110950

3319110950

3319110942

9783319110943

OCLC:

899211460

Access Restriction:

Restricted for use by site license.