Creating a Prosperous, Sustainable Practice
According to a 2021 press release from the American Medical Association, private practices are now...
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Finance
8 Reasons Docs Choose Locum Tenens
I was looking at a report the other day when something caught my attention. I wasn’t surprised to...
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Financial Literacy and Its Role in Maintaining a Physician’s Desired Lifestyle
With COVID-19’s appearance, healthcare’s financial footing has been losing grip, frequently...
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How Medical Practices Can Optimize Their Revenue Cycle Management
Although medical practices have universally seen a drop in patient volume due to the COVID-19...
Read MoreMedicaid Claims Denials Lead to Dropping Physician Participation
According to a July 2021 study published by the University of Chicago’s Becker Friedman Institute for Economics, “A Denial a Day Keeps the Doctor Away,” both the costs for collecting claims and the rates of claim denial are...
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Financial Tips for Physicians Starting Their Careers
Completing your residency is a monumental accomplishment for aspiring physicians. After years of...
Read MoreTop Financial Apps for Physicians
For those family physicians who have a solo practice, managing finances can feel like a chore – a chore that goes undone for months. If you are not paying attention to where your money is going and how much, you could be in big...
Read MoreBenefits of Locum Tenens When You Have A Full-Time Job
There’s a misconception that locum tenens doctors are constantly traveling across the country, working shifts at various hospitals and clinics, and never putting down roots. While some physicians choose to move around...
Read MoreRemote Patient Monitoring Incentives from CMS
Recently, CMS ramped up incentives for remote patient monitoring (RPM) initiatives with the goal of lowering costs of chronic conditions, which currently account for 75% of healthcare costs. Remote patient monitoring is the use...
Read MoreInvesting in a Medically Associated Business
In addition to their practice, many doctors own a separate, but somewhat associated, business. Some examples of business opportunities for doctors include: Dialysis centers (nephrologists) Outpatient surgical centers (surgeons...
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Uptick in Corporate Involvement in Women’s Health Care Services
Researchers find an increase in private equity acquisitions/investments in OB/GYN and fertility...
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Strategies to Help Physicians Gain Control Over Student Loan Debt
U.S. News and World Report reports on the best paying jobs and the point was clear: doctors are...
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