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
Risk management
Sample policy for a medical office on diversity, equity and inclusion
Office Policy on Diversity, Equity, and Inclusion Policy Statement: At [Medical Office Name], we are committed to fostering a diverse, equitable, and inclusive work environment that values and respects the diversity of our employees, patients, and the communities we serve. We believe that diversity, equity, and inclusion are essential to providing quality healthcare and … [Read more...] about Sample policy for a medical office on diversity, equity and inclusion
When a full-time employee works a second full-time job
By Lynne Curry Question: I supervise a talented but difficult employee, whose performance has always been spotty but recently went downhill. Lately, “Scott” has dragged himself into the office every morning. He looks exhausted. His eyelids half-close during staff meetings. Because I felt concerned, I asked him if he was okay. He said he was just working too hard. He pointed … [Read more...] about When a full-time employee works a second full-time job
Patient right of access: Consequences are extreme if you get it wrong
By Suze Shaffer Patients’ right of access has extreme consequences if they are not handled properly. It starts the moment a patient makes this request. HIPAA prohibits unreasonable measures when patients are requesting access to their medical records. Most practices think this request must be in writing. Although this is ideal, sometimes it can cause a problem when the … [Read more...] about Patient right of access: Consequences are extreme if you get it wrong
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
Make someone responsible for HIPAA compliance and security
By Suze Shaffer Preventing data breaches and securing patient data is everyone’s responsibility, but the Office for Civil Rights (OCR) requires someone to be the point person. Make sure you have assigned a HIPAA Privacy Officer and a HIPAA Security Officer. Everyone in the practice needs to know who these people are by these titles. In a small practice it could be just one … [Read more...] about Make someone responsible for HIPAA compliance and security
17 projects for the last quarter of 2023
As we start the last quarter of the year, it's time to plan the projects that need to be done before we close out 2023. Here's a list to consider. Financial Review: a. Review the year-to-date financial statements to assess the financial health of the practice. b. Prepare a budget for the upcoming year, considering revenue, expenses, and capital investments. Insurance … [Read more...] about 17 projects for the last quarter of 2023
Before, during and after a flood: Is your medical office prepared?
Flood preparedness is an ongoing process. Regularly review and update your flood preparedness plan to ensure it remains effective and aligned with any changes in your medical office's operations and environment. Pre-Flood Preparedness: Risk Assessment: Identify flood-prone areas near the medical office and assess the likelihood of flooding. Emergency Contacts: Maintain … [Read more...] about Before, during and after a flood: Is your medical office prepared?
Be ready for disaster with an emergency preparedness plan
From power outages to rainstorms, earthquakes to wildfires, the unexpected can happen. That's why your office needs a comprehensive emergency preparedness plan is essential. Here are key steps in establishing a plan. 1. Assess Vulnerabilities: Begin by identifying potential risks that could impact your office, such as natural disasters (earthquakes, floods, hurricanes), … [Read more...] about Be ready for disaster with an emergency preparedness plan
Healthcare employees love “123456” for their passwords
The healthcare sector’s employees, working for the world’s richest companies, use poor passwords to secure business accounts, reveals new research by NordPass. While cybersecurity experts repeatedly urge businesses to take better care of corporate accounts, passwords such as “123456,” “password,” and “12345” still make it to the top of the healthcare industry’s list. These are … [Read more...] about Healthcare employees love “123456” for their passwords