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Tag Archives: medical finance
Managing Your Cash Flow To Grow And Market Your Medical Office
When growing and marketing a medical practice, one place that doctors run into trouble with is cash flow. You may have excellent billings and revenues, but if the cash is not available when you need it, it does you no … Continue reading
Assessing Your Medical Practice And Planning Your Growth For 2012
With 2011 drawing to a close, it is a great time to assess the financial state of your medical practice. Whether or not your fiscal year ends with calendar year, you can still use this time to determine how well … Continue reading
Using QR Codes In Your EMR To Market And Automate Your Medical Office
This is a video on using QR Codes, those square, bar-code-like codes, in medical practice. It can be used in multiple ways in the medical office, including: 1. Marketing material directing patients to your medical practice website. 2. Educational material … Continue reading
Posted in Business of medicine, Marketing
Tagged medical billing, medical finance, medical practice
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Disciplining Your Medical Office Staff
In medical school we doctors learn all about physiology, microbiology, and pharmacology. Then we go to residency training and become experts in our various areas of specialization. When we finally go into to practice, we become painfully aware of how … Continue reading
Posted in Business of medicine, Staff
Tagged doctor, maximize revenue, medical billing, medical finance, medical practice
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Using Government and Insurance Regulations to Maximize Your Practice’s Revenue
I recently attended a meeting of the local Independent Physician’s Association. The meeting was to discuss an asthma program that the IPA had designed. Ostensibly, the program is designed to ensure the highest quality of care for children with asthma … Continue reading
Increase Your Revenue or Decrease Costs? Do Both
A recent article on another website was discussing ways for doctors to increase their revenue. While the author made several good points, he went on to say that increasing revenue was the single best way to increase the bottom line. … Continue reading
Posted in Business of medicine, Increasing Your Billing
Tagged doctor, maximize revenue, medical finance
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Marketing Your Medical Practice
Most doctors hear the word marketing and two things come to mind: 1. Marketing is just advertising. 2. Advertising is not acceptable in medicine. As a result we rely on word-of-mouth to grow our practices. By relying on just this … Continue reading
Posted in Business of medicine, Marketing
Tagged doctor, maximize revenue, medical billing, medical finance, medical insurance, physician
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Growing Your Practice When You Have Partners
So you have been following this blog for a while. You have been re-invigorated with the possibility of significantly increasing your income. Your mind is swimming with new ideas to jump-start your business. Then you approach your partners with your … Continue reading
Posted in Business of medicine
Tagged doctor, maximize revenue, medical billing, medical finance, medical practice
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Key Indicators To Track In Your Practice
In a previous post, we mentioned some of the indicators to track. In this post I would like to delve more deeply into key numbers that I follow. With just a few numbers, I can obtain an accurate picture of … Continue reading
Posted in Business of medicine, Increasing Production
Tagged doctor, maximize revenue, medical billing, medical finance
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Your Practice As A Business
At www.RealWealthForDoctors.com we are committed to bringing you the most effective and up-to-date methods of increasing your bottom line. To this end I continually scour the web looking for information on medical practice management. Many of the sites that I … Continue reading
Posted in Business of medicine, Mindset
Tagged doctor, maximize revenue, medical billing, medical finance, medical practice
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