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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.
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.
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.
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.
Consumer Satisfaction in Medical Practice will equip physicians and other decision makers in health care with the necessary tools to meet the growing demand for customers’satisfaction in medical practices. Addressing the deliverance of accurate and affective medical services, this intelligent guide provides you with proven techniques in order to provide competitive prices, convenience, accessibility, and quality outcomes to customers. Consumer Satisfaction in Medical Practice turns the delivery of health care toward the patient. Each recommendation will enable you to provide long-term and cost-effective benefits for customers and your company. Exposing common myths about medical practice, this knowledgeable book offers you a patient’s perspective on the services they need and request to help you offer your customers the appropriate services. From Consumer Satisfaction in Medical Practice, you will be able to give customers the medical services they want with the help of proven methods and suggestions which include: remembering that office budgets, profits for practitioners, and financial strengths of progressive hospitals and physician service organizations exist to help offer better health services to customers creating a consumers’bill of rights that ensures patients that they are receiving the best possible care for their money, that every patient has a right to their own medical information, and that every patient has a right to express grievances sending out newsletters and announcements of staff changes and changes to office hours to improve physician services to patients incorporating consumer satisfaction in employee and physician performance evaluations and setting standards for consumer satisfaction measuring physician staff and employee satisfaction along with that of the patient and payer to improve provider conditions and consumer satisfaction increasing physician satisfaction by recognition through awards and an incentive systemFeaturing several charts, tables, and suggestion boxes, this guide contains effective steps that you can institute in order to offer excellent care to your customers. Consumer Satisfaction in Medical Practice allows you to expand and improve customer satisfaction for the benefit of your customers and your business.
���� Unlock the Secrets to Sustainable Growth in Your Medical Practice! ���� Are you ready to transform your medical practice into a thriving, patient-centric powerhouse without sacrificing your well-being? Look no further than "The Pocket Guide for Practice Value Creation: Growing Your Medical Practice without Burning Out." Inside this invaluable resource, you'll discover: ���� Foundational Step Secrets: Discover why NOW is the opportune moment to elevate your medical practice to world-class status. ���� Keys to Identifying Revenue Loss: Uncover the covert factors silently draining your revenue, potentially costing your practice thousands of dollars in lost opportunities. ���� Patient Satisfaction Checklist: Foster a culture where patient satisfaction and engagement aren't just afterthoughts but central pillars of your practice's success. ���� Unlock Additional Revenue with Value-Based Care Programs: Navigate the intricacies of new value-based care initiatives designed to reward healthcare providers for delivering top-tier patient care. ���� Leverage Top Vendors to Accelerate Your Programs: Identify vendor partners who not only understand the value they bring but also possess the expertise to propel your practice forward. Whether you're a seasoned practitioner or a budding entrepreneur in the medical field, this guide is your roadmap to sustainable growth, enhanced patient care, and professional fulfillment. Don't let the complexities of modern healthcare hold you back-equip yourself with the strategies and insights needed to thrive in today's dynamic landscape. Grab your copy of "The Pocket Guide for Practice Value Creation" and embark on a journey toward unparalleled success in your medical practice!
Is your medical business due for a business medical? Have you started a medical business, but found that working harder isn't working? Do you want to know what's holding back your business? Have you always been the smartest person in the room, but somehow you just can't seem to get on top of everything? Many medical professionals feel like they've been studying their whole life, through Medical School and specialist training, but despite all that study they have never learned how to be a successful business owner. They build a business around their medical skills, but despite their high level of medical achievement they feel like their finances, overall stress levels and personal life are suffering, and they don't know where to start to fix it. If this sounds like you, Growing a Medical Practice will take you from analysis paralysis to confident action in making your business compliant and more manageable in a sustainable way. Readers will be able to create structures in their practice that mean they can effectively delegate, focus on their patients, and feel like a high-performance medical practitioner and business owner. In this comprehensive book you'll learn about: why medical training does not prepare most doctors to lead a business how mindset affects everything you do in your practice understanding what a healthy business looks like how to set up a medical business to grow contributing to your community. Growing a Medical Practice: From Frustration to a High Performance Business provides a step-by-step formula to streamline your practice. If you really want to stop worrying about your medical business and focus on your zone of genius where you know you make the biggest difference to the largest number of people then this is the book for you.
How to Grow Your Tiny Medical Practice is a comprehensive guide that offers practical strategies and advice for healthcare professionals looking to expand and enhance their small medical practices. The book covers topics such as marketing techniques, patient retention strategies, financial management tips, and leveraging technology to streamline operations. Through real-world examples and step-by-step guidance, readers will learn how to attract new patients, increase revenues, and create a successful and sustainable medical practice. This book is a must-read for any healthcare provider seeking to grow their practice in a competitive market.
Are you tired of wasting your hard earned money on unproven and archaic marketing strategies? Are you looking for a way to leverage your expertise to attract more patients to your practice? Or Do you just want to learn about the latest marketing tactics used by "7 figure practice practitioners" in your industry? Whether you operate multiple practices or just starting out, unless you are utilizing the new technologies of marketing and staying on top of the head spinning speed of online marketing, you are likely to fall behind and wonder why your business is not growing at the speed you were anticipating to. Not only this books provides you with a 10 proven steps to excel your practice and fill your appointment book, it also helps you identify and create your legacy.
This essential resource provides readers with the plans and real examples to market and grow a successful practice. The guide is filled with practical marketing tips and strategies based around the five components of a successful practice.