Transitioning ownership of a medical practice can be extremely risky, especially without considerable preparation, according to medical practice consultant Nick Hernandez, CEO and founder of ABISA, LLC in Valrico, FL. "Succession planning is not a boiler template that you can apply from one practice to another. There are a lot of nuances that are really particular to your … [Read more...] about Tips for successfully transitioning ownership of your medical practice
Managing the office
8 tips for successful collections and increased revenue
A robust collections process is essential for the financial health and sustainability of your practice. By implementing the right strategies and adopting a proactive approach, you can significantly enhance your collections efforts. Here are 8 essential tips and best practices to help you optimize collections and maximize revenue for your medical office. Verify Insurance … [Read more...] about 8 tips for successful collections and increased revenue
5 ways to make standup meetings work for your medical office
A daily standup meeting can be a highly effective way to keep your staff motivated and moving on important tasks. This 10-minute meeting, used in a variety of workplaces, provides an opportunity for a quick check-in on the day’s priorities. As the name implies, participants stand up—a posture that discourages long discussion. Here are ways to make the meeting work for … [Read more...] about 5 ways to make standup meetings work for your medical office
How to share bad news with your staff
There are times when changes at the practice affect the entire staff—and, unfortunately, not all changes are positive. The practice may be relocating, and the new location could involve an unrealistic commute for some staff members. Or the practice may be merging with another practice, which will result in layoffs. Or the practice may be closing, for any number of … [Read more...] about How to share bad news with your staff
Overloaded at work? Here’s what you should do
You have more work than you can handle—and no matter how hard you work, you can't seem to get ahead. In fact, it's gotten to the point that you're exhausted. Most days you don't even like your job anymore. If this sounds like you, it's time to make a change. And that change doesn't have to involve a new place of employment. Instead, it's time to assess your situation and … [Read more...] about Overloaded at work? Here’s what you should do
How to navigate a healthcare office merger
Mergers and takeovers are a fact of life in today's everchanging healthcare industry. Here is advice to consider on how to navigate this intricate process, maintain the continuity of care, and enhance the efficiency of the merged medical practice. Before diving into specific strategies, it's essential to have a clear understanding of the merger process. Typically, an office … [Read more...] about How to navigate a healthcare office merger
Are you tossing and turning with job worry at night?
How did you sleep last night? Were you able to turn off your brain and forget about work, or were you kept awake with worries about problems at the office? Your responsibilities as a medical office administrator can sometimes be all-consuming, leading to work-related worries even during your precious off-hours. To maintain a healthy work-life balance and reduce stress, it's … [Read more...] about Are you tossing and turning with job worry at night?
Plan now for a smooth winter holiday season
As autumn paints the world in warm hues, it's time to plan how to keep the office running smoothly over the holiday season. Staff scheduling and coverage One of the foremost considerations in holiday planning is managing staff scheduling and coverage. Start by reviewing vacation requests submitted by your staff. Ensure that requests are handled well in advance, allowing ample … [Read more...] about Plan now for a smooth winter holiday season
The importance of proofreading in a medical office: Ensuring accuracy and professionalism
In a medical office, attention to detail and precision are of utmost importance. From patient records to communication with healthcare providers, even a minor error can have serious consequences. Proofreading plays a critical role in maintaining accuracy and professionalism in medical documentation. In this article, we will explore the significance of proofreading for medical … [Read more...] about The importance of proofreading in a medical office: Ensuring accuracy and professionalism
Develop a habit of training your staff and create a corporate culture of excellence
"Excellence is an art won by training and habituation," said Aristotle. "We are what we repeatedly do. Excellence, then, is not an act but a habit." If excellence is a habit you'd like to instill in your staff, then you need to train them properly and make a habit, too, of training and retraining. Why invest in training employees? There are many reasons there's an ongoing … [Read more...] about Develop a habit of training your staff and create a corporate culture of excellence