By Karen Mattocks, Vice President of Business Development at RxVantage bio It is a practice manager's worst nightmare. You arrive at work one morning and suddenly realize you no longer have a grip on operational efficiency. Patient wait times are at an all-time high, physicians continue to complain about the electronic health record (EHR), unbilled claims pile up … [Read more...] about 5 efficiency-draining traps to avoid in your practice
Managing the office
Matching your management style to your employee’s personality
Much like one bad apple, one bad employee can spoil the whole bunch in your office, says Dr. Steve Cohen, Principal, Lead HR Consultant at HR Solutions On-Call. Cohen, who is often described as a "mess management" expert for his ability to solve people problems for vulnerable organizations, says the typical job is always built on the issue of technical skills, but … [Read more...] about Matching your management style to your employee’s personality
Are erratic scheduling practices causing financial instability for your hourly employees
A study reveals that for today's hourly workforce, missing a single shift comes at a steep cost. New research from WorkJam, a digital workplace platform, found that for nearly half of employees surveyed, one missed shift means late payments on rent, utilities, and other basic necessities. "Today's workforce is living paycheck to paycheck," says Steven Kramer, co-founder, … [Read more...] about Are erratic scheduling practices causing financial instability for your hourly employees
A dozen metrics for increasing your medical practice profitability
If someone asked you how many new patients visited your medical office last month, would you know? How about how much your office spent on marketing to acquire each patient? Would your staff know these numbers? "Bottom line, if you and your staff aren't on top of the numbers game, you simply are not going to be as successful in your practice as you could be," says Nick … [Read more...] about A dozen metrics for increasing your medical practice profitability
3 tricks that make your business writing stronger
By Cheryl Toth, MBA bio Ever finished reading a well-written report, article, or white paper and say to yourself, "I wish I could write like that." Well, with a little fine-tuning and practice, you can. You don't have to be a professional wordsmith to produce strong business prose. Add power your documents using these straightforward techniques. 1. Use active … [Read more...] about 3 tricks that make your business writing stronger
4 best practices to help optimize your processes and increase your reimbursements
By Ranadene (Randi) K. Tapio, MBA, CMRS, CMC, Guest Contributor bio Revenue Cycle Management is multi-faceted. There may not be a right or wrong way as far as your process goes, but there are tips, tricks, and best practices that can optimize the process, and in turn, your reimbursements. After years of experience working with varying sized and specialty practices, … [Read more...] about 4 best practices to help optimize your processes and increase your reimbursements
Report: Healthcare provider mergers reshaping the landscape as size of transacting parties continues to grow
The trend of mergers between large healthcare provider organizations continued in 2018, as the average size in revenue of sellers (defined as the smaller of two organizations in a transaction) reached $409 million, according to Kaufman Hall's new report, 2018 M&A in Review: A New Healthcare Landscape Takes Shape. This is the highest figure seen since Kaufman Hall began … [Read more...] about Report: Healthcare provider mergers reshaping the landscape as size of transacting parties continues to grow
What to do when the winter blues hits your workplace
Winter gets a frigid reception at many workplaces around the country. According to research from staffing firm Accountemps, 38% of professionals said winter weather has a negative impact on their mood at work. About one-quarter (26%) cited January as the least happy month. Employees in Pittsburgh, Detroit and Cleveland felt bluest in the wintertime. In contrast, professionals … [Read more...] about What to do when the winter blues hits your workplace
What you don’t know about your managers and why you should find out
By Lynne Curry, Ph.D., SPHR bio What are your mid-level managers doing that will cost you good employees in the next year? Are your professional staff getting the results you need them to? If not, what's getting in their way and how can you convince them to make needed changes? A 360-degree review provides you and your mid-level managers and professional staff … [Read more...] about What you don’t know about your managers and why you should find out
Gender diversity at US Health Care companies: A prescription for progress
Three out of every four employees at US health care companies are women, far more than in most other industries, yet women are still scarce in the industry's leadership ranks, according to a new report, Women Dominate Health Care—Just Not in the Executive Suite, recently released by Boston Consulting Group (BCG). Health care companies clearly have a large pipeline of talented … [Read more...] about Gender diversity at US Health Care companies: A prescription for progress