Download or read book Business Essentials for Healthcare Professionals How to Operate a Sustainable Profitable and Salable Practice Or Successfully Work for Someone Else written by Dr Paul J. Pavlik and published by Tracker Enterprises, Incorporated. This book was released on 2018-09 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is for healthcare professionals who must master the elements of business to run a successful practice or work in one. Whether a new graduate or a seasoned professional about to sell your practice, gain profitable insights to take control of the business of your practice. Dr. Paul J. Pavlik has helped hundreds of healthcare practitioners achieve their business goals. His understanding of the healing arts com-bined with his business acumen can help you decipher the mystery of running - or being a part of - a profitable practice. "Today's most successful healthcare professionals are also well versed in essential business and management concepts. But, it's not taught at medical school. To operate a successful practice, you must be able to effectively lead the people around you, understand the financial landscape, create budgets, and navigate the regulatory environment. I definitely recommend it for all healthcare professionals." - Afa Bayramova, MD, Editorial Board Member at US & UK Journals "Dr. Pavlik's book is a masterpiece and treasure trove with valuable tips, insights, wisdom, and processes for planning your life and business. It should be required reading for every healthcare professional. There is one paragraph on page 146 that makes the whole book worth more than a million dollars." - Frank Candy, International Motivational Speaker & Author "This book is an excellent resource for any healthcare professional, whether just beginning as an employee, looking to buy a practice, or as an owner looking to bring on an associate, or looking to transition or sell a practice. This is a great guide to laying the foundations of a well-managed, and eventually, a salable practice." - Amanda Falkowski, Practice Consultant, Recruitment, & Transitions
Download or read book The Business Basics of Building and Managing a Healthcare Practice written by Neil Baum and published by Springer Nature. This book was released on 2019-11-20 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended to be a roadmap towards a successful practice for medical students, residents, fellows, and doctors. This roadmap focuses on how to build and manage a medical practice, and can be applied regardless if the reader is employed, joins a small group, or if they are a doctor who decides to start their own practice. Part I covers the basic business concepts that every physician needs to know. Chapters emphasize the benefits that accrue to a physician who understands the basics of business. Part II provides a guide for doctors who are beginning a medical practice. The chapters define the various options for doctors’ employment such as solo practice, group practice, and academic medicine. The section also includes the process of negotiating contracts, identifying the advisers who help physicians become successful, and secure within their field and practice. The final part emphasizes strategies on how to build and grow a successful practice by covering topics such as hiring staff, employee motivation, creating a brand, gaining recognition, online reputation and presence, crisis management, integrating new technology, and work/life balance. The Business Basics of Building and Managing a Healthcare Practice serves as a valuable resource that helps doctors make a difference in the lives of their patients, as well as help them make good financial decisions.
Download or read book The Business of Building and Managing a Healthcare Practice written by Neil Baum and published by Springer Nature. This book was released on 2023-08-31 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building on the foundation of the previous edition, this book takes readers to the next level of management of medical practices for the 21st century. The road to becoming a physician is not an easy one to travel, nor does it become easier once a doctor completes his\her training. After a long and arduous training process, doctors embark on their professional journey, and there are major crossroads that are fraught with challenges, unknowns and risk. The transition to professional practice is daunting, and many physicians leave their training unprepared for the business of medicine. Even at the peak of their careers, sustaining a successful and profitable practice is not easy. Opening chapters revisit the basic business concepts that every physician needs to know, emphasizing the benefits that accrue to a physician who understands the basics of business, from accounting and contracts to managing people and personal finances. The next set of chapters offers a roadmap for doctors who are beginning a medical practice and will include new methods and procedures that have become available since the original edition, defining the various options for doctors’ employment such as solo practice, group practice and academic medicine. The final chapters emphasize strategies on how to build and grow a successful practice, including the use of technology and telemedicine, cybersecurity, marketing and much more. Unfortunately, not every doctor has the background, training and skills to manage a medical practice. The Business of Building and Managing a Healthcare Practice simplifies the process of business management and provides the practicing physician with knowledge to be able to enjoy the business component of his\her medical practice.
Download or read book The Complete Business Guide for a Successful Medical Practice written by Neil Baum and published by Springer. This book was released on 2015-01-02 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides physicians with the basic business skills in order for them to become involved in the financial aspect of their practices. The text will help the physician decide what kind of practice they would like to join (i.e. private practice, small group practice, solo practice, hospital employment, large group practice, academic medicine, or institutional\government practice) as well as understand the basics of contracting, restrictive covenants and how to navigate the road to partnership. Additional topics covered include, monthly balance sheets, productivity, overhead costs and profits, trend analysis and benchmarking. Finally, the book provides advice on advisors that doctors will need to help with the business of their professional and personal lives. These include accountants, bankers, lawyers, insurance agents and other financial advisors. The Complete Business Guide for a Successful Medical Practice provides a roadmap for physicians to be not only good clinical doctors but also good businessmen and businesswomen. It will help doctors make a difference in the lives of their patients as well as sound financial decisions for their practice.
Download or read book Secrets to a Successful Practice written by Jeff Russell and published by . This book was released on 2018-01-19 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a Healthcare Provider, are Financial Rewards important to you? If so, inside this book you will find the keys to PROFITABLE practice. This book is for anyone practicing medicine today, and especially for all healthcare providers who are looking to operate a profitable practice.Most medical professionals have serious and personal reasons for entering their field, one is to improve the quality of their patients' lives, and one is certainly income. We all need money to live, and money is, indeed, important. Jeff Russell has been teaching physicians about the "business" side of medicine for over ten years. Inside, you will learn a four-step framework, which Jeff has found to be the keys to a profitable practice."I hope you will grow a little bit from your investment of time in reading this book and that you will capture nuggets of information and inspiration that will get you to that multi-million dollar practice!" -Jeff Russell
Download or read book MBA Handbook for Healthcare Professionals written by Joseph S. Sanfilippo and published by CRC Press. This book was released on 2002 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practice management continues to be an area of growing importance, especially in the light of the increasing visibility of managed care with respect to private practice. The business aspects of medicine have acquired even greater significance. Establishing a mission for your practice allows you to convey who you are, what you want to be, and how you want to get there. Allowing a practice to be 'focused' is an investment that will pay big dividends. The question is: How does a physician establish competitive advantage? Practical, comprehensive, and reliable, MBA Handbook for Healthcare Professionals tells you everything you need to know about the effective business management of a modern medical practice. The book includes marketing, streamlining overhead, developing a competitive advantage, understanding corporate finance, contract negotiating, employment law, and every other essential element of a successful medical practice. Exploring basic business principles as they apply to a medical practice, the book covers leadership and motivation, applied law, the business plan, strategic management, the theory of constraints, office management, operating strategies from a CPA's perspective, customer service, computers and the Internet, and the all-important business of coding documentation and compliance. As a physician, you went to school to learn how to heal people. You probably planned on having a practice of your own. However, the reality of that practice often turns out to be more than just seeing patients. You must run the office, produce and stay within a budget, order supplies, market your services, and handle everything running a business entails. You need an MBA in business along with your medical degree. MBA Handbook for Healthcare Professionals gives you all that and more.
Download or read book Starting Practice written by Colleen Sullivan and published by . This book was released on 2015-01-23 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting Practice: The essential handbook is a must-have for medical graduates, healthcare professionals, and practice managers. This book is a necessity for all healthcare practices as it provides graduates, clinicians, staff, and practice managers with a handbook on providing quality services for patients within the framework of a successful, profitable healthcare practice. "Setting up a successful, sustainable healthcare practice in this turbulent regulatory environment is a complex challenge. To best prepare, I would recommend this book in healthcare practitioners and practice managers, as an essential practical guide to starting practice." Dr Robyn King BPhty BComm (Hons) PhD (University of Queensland)
Download or read book Owning Medical Practices written by Marc D. Halley and published by Health Forum Publishing Company. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical book that will guide hospital executives whose organizations currently own medical practices and employ primary care and specialty physicians, plus those in organizations looking to expand their business. It will enable executives to confidently understand and identify the "best practices" of how to successfully own and manage medical practices and how to integrate practices and physicians into their hospital strategies. The insights gained will facilitate the development of sustainable integrated competitive strategies, sustainable practice operations, and practice financial viability.
Download or read book Healthcare Financial Operations Manual for Independent Practice Associations written by James W. Karling and published by Wiley. This book was released on 2000-03-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Only recently, the physician setting up his own practice was considered an anachronism. And doctors loosely affiliated with an independent practice association (IPA) fared no better. Lacking capital, financial management, and the mechanisms for adequate medical and information system management, many IPAs around the country were coping with financial instability. From the outset, IPAs seemed doomed to obsolescence by the organizational efficiencies and superior resources of third-party payors. Yet, in the early 1990s, IPAs underwent a remarkable turnaround?building infrastructure, investing in MIS systems, and accepting risk?transforming themselves into genuine competitors in healthcare quality and efficiency with HMOs. In fact, IPAs have become an increasingly common healthcare delivery model, offering distinct advantages over other payors to physicians interested in the administrative gains and security of a group practice, while still retaining their autonomy. Healthcare Financial Operations Manual for Independent Practice Associations is the first comprehensive guide to setting up an IPA, detailing the many operational, legal, and logistical complexities of managing a physician-owned organization. Since controlling the financial and tax aspects of an IPA is critical to its survival, the Manual addresses an entire range of financial accounting concerns, including accounting concepts and methods for an IPA, internal control procedures, insurance issues, tax issues, policy guidance, and profit-making issues. Specific topics addressed include: How to manage and report primary, specialty, and inpatient care How to credential IPA providers How to negotiate contracts for single specialty and multispecialty IPAs Antitrust laws and IPAs?with a case study of a Florida IPA Why IPAs fail The book also clearly outlines how to acquire and negotiate a managed care contract and, with the help of its disk, provides a host of checklists, forms, and five sample contracts (not included in the book) that allow the user to chart his or her progress and get quickly up to speed on the essential paperwork. The Manual also provides hands-on advice on setting up an efficient computer system for an IPA, reflecting the acknowledged role of a first-rate information system in an IPA?s success. Offering candid, real-world guidance on setting up and successfully administering an IPA, Healthcare Financial Operations Manual for Independent Practice Associations is the complete reference to making an IPA work?for both doctor and patient. JAMES W. KARLING, CPA, is founder and President of Karling & Associates, an eighteen-person CPA firm located in San Ramon, California, which specializes in providing consulting and accounting services to the healthcare and managed care industry. Prior to founding Karling & Associates in 1994, Jim was a partner for eighteen years with Ernst & Young and has also been National Director of Arthur Young & Company?s healthcare practice. He has been a frequent speaker at healthcare programs and seminars and has published a number of articles on healthcare financial issues. REED TINSLEY, CPA, is director of Horne CPA Group?s Physician Services Division. His entire practice is centered in the healthcare industry and he works closely with physicians, medical systems, and other delivery systems with managed care contracting issues. A leading speaker on a variety of healthcare topics, his seminars have been sponsored by the American Medical Association. He is cochair of the CPA section of the IPA Association of America and the author of Performing an Operational and Strategic Assessment of a Medical Practice and Valuation of a Medical Practice, also from Wiley. JOE D. HAVENS, CPA, is shareholder in charge of the Horne CPA Group?s Hattiesburg, Mississippi, office and a member of its board of directors. He heads a team of healthcare consultants to physicians, medical groups, IPAs, hospitals, and managed care organizations as they develop strategies for healthcare reform. Havens also recently completed a five-part video series on healthcare subjects sponsored by Westcott Communications that is being promoted nationally to CPAs, consultants, and healthcare professionals. He coauthored the IPA Association of America?s Financial Accounting Manual for IPAs. The IPA finally comes of age?in the first comprehensive guide to successfully managing one In only a few short years, independent practice associations (IPAs) have been able to transform themselves?shedding their image as a healthcare delivery system ranking a distant second to HMOs. Revitalized with a new infrastructure, improved medical management and information systems, and forms of risk assumption, the IPA is suddenly marketable. Expanded geographic coverage, lower overhead, and a wide range of specialties are only part of the reason. Its other advantages?practical and administrative?are detailed in the first comprehensive guide to setting one up and making it work: Healthcare Financial Operations Manual for Independent Practice Associations. Focusing largely on survival issues, the Manual addresses a host of key financial accounting concerns, including accounting concepts and methods for an IPA, internal control procedures, insurance issues, tax issues, policy guidance, and profit-making issues, including such specifics as: Management tools and reporting for primary, specialty, and inpatient care Credentialing IPA providers Risk pool accounting and auditing Also clearly outlined are tips on how to acquire and negotiate a managed care contract (for both single specialty and multispecialty IPAs) as well as hands-on advice on setting up an efficient, first-rate claims payment system. And the book?s disk provides a complete package of checklists, forms, and five sample contracts (not included in the book) essential to managing an IPA. The book also includes a summary "Physician and IPA Toolkit" appendix, offers cautionary advice on why IPAs fail, and describes the current status of antitrust laws and IPAs. Healthcare Financial Operations Manual for Independent Practice Associations is a complete primer to setting up what is now one of the most efficient and cost-effective healthcare delivery systems available, one that meets the bottom-line needs of both doctor and patient.
Download or read book 8 Ways to Turn Your Health Career Into a Profitable Business written by JaneNK Nwanne and published by . This book was released on 2020-01-23 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is for dedicated caregivers who are also aspiring entrepreneurs that are passionate about helping others and want to earn their worth through Entrepreneurship. If you are a dedicated caregiver who loves the satisfaction that comes from helping those who can't help themselves and you cherish the opportunity to change lives but want something more for your life. This is for you.
Download or read book Leadership in Private Practice written by Paul Gough and published by . This book was released on 2020-12-07 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Could your private practice be more profitable if you weren't treating patients all day, every day?Leadership in Private Practice challenges your existing beliefs about leadership and exposes the real reasons so many healthcare professionals struggle to be great business owners. This book will force you to re-imagine, re-think, and re-organize your view of business leadership and expose what is really required to finally create a profitable private practice that doesn't have you shackled to the treatment room day after day, year after year. In this radically different approach to thinking about leadership, private practice owner Paul Gough destroys the myth that all you have to do to run a better private practice is become a "better practitioner." Instead, he shares, it's about acquiring a specific set of business leadership skills that are available to anyone and being willing to do the work required of a CEO. It all starts with knowing exactly what that work is - and that's precisely what you'll learn in the pages of this book. Make no mistake. This book is about one thing and one thing only: exposing what it really takes to be a successful CEO of a profitable private practice that is a pleasure to own and run.
Download or read book How to Start Run Grow a Safety Training Center Business written by Linnea Stonebraker and published by . This book was released on 2019-08-30 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: People die every day in this country because those around them don't know what to do when they collapse from sudden cardiac arrest and stroke. Experts tell us that if more people were trained in in the newest, updated, scientifically backed CPR and first aid more people would live. If you have to wait for the paramedics to arrive, you might not make it. This book covers a need and how to meet it and make a good profit doing so. In every community there is a need for more instructors to teach CPR, first aid, and the advanced courses in resuscitation science needed by healthcare professionals. Most healthcare professionals must retake these courses every two years in order to work, thus providing a steady stream of customers to the Safety Training Center in both good and bad economic times. You can make money while providing essential training to your community and being a huge blessing to your community.The author, is the owner of one of the largest Safety Training Centers in the United States. She shares her experience starting this business in her living room and growing into one of the biggest Safety Training Centers in the United States. She tells how you could do the same by following her step-by-step instructions which cover the details of how to get started, marketing, equipment and training needed, details of running this business, and how to grow your business and increase your community blessing and make a great living doing so. She tells how she discovered that even when the economy turned down her business kept growing because healthcare professionals have to take these classes every two years or they can't work. No special skills are needed, just a desire to start a business that can give back to your community and provide freedom from the grind of being someone else's employee. This is something you can start in your spare time and keep your day job while you start and grow your own business. Having your own Safety Training Center business can be the start of a new era in your life full of freedom for both you and your family as you bless your community.
Download or read book The Profitable Private Practice written by Joe Sanok and published by . This book was released on 2019-07-17 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: "They didn't teach me this sh*t in graduate school" is a phrase myself and many other therapists who have opened their own private practice businesses have yelled out in frustration at one time or another. In my book, THE PROFITABLE PRIVATE PRACTICE, I have created a step-by-step guide that helps therapists through the process of starting a private practice, teaches them how to run it like a business and actually make money to live the lifestyle they want. This is the guide that I didn't have when I started out, but wish I did. My book will teach clinicians how to:-Start a thriving therapy business-Create a full caseload of ideal clients-Market your practice effectively, even if you are an introvert-Get credentialed on insurance panels-Utilize social media to grow your practice in the comfort of your PJs-Be HIPAA compliant without beating your head against the wall-Make money to support yourself and sustain the lifestyle you crave. Readers also have the opportunity to join my online community to continue receiving support, tips, tricks and resources.Thanks for supporting this campaign to publish THE PROFITABLE PRIVATE PRACTICE!What peoples are saying about The Profitable Private Practice."Melissa has put together the best advice for creating a profitable practice. We don't learn this in graduate school and Melissa has structured advice and tips to help you grow faster. We all need guides and coaches, and Melissa is clearly adding her voice to the conversation. I couldn't be more impressed!" --Joe Sanok, Private Practice Consultant and #1 Podcaster"If there's one thing I know, it's the power of working with people who truly know their craft. Melissa is one of those people. Not only does she share incredible, experience-based wisdom and thought-provoking ideas and concepts in this book, but she does so with an empathy that most don't possess. A true leader in her field, this book is going to help thousands of other like-minded professionals do what Melissa does daily: help people."--Chris Ducker, Best-Selling Author, Podcaster, and Entrepreneur "Melissa DaSilva is ON FIRE in her industry. If you have a private practice or plan on starting one, read this book. She discusses the ins-and-outs of running a therapy business that most people take years to learn. Take my advice, and read this book!" --John Lee Dumas, Founder and Host of the Podcast "Entrepreneurs on Fire""The Profitable Private Practice is an honest exploration of everything a therapist in private practice wishes they knew when starting a business. There are many pitfalls that therapists run into when starting and maintaining a private practice. Melissa tackles them all in this book! In my own experience, I wish I had such a thoughtful book that navigated me through the maze of business development in mental health. I'm so glad that therapists have Melissa's book as a valuable resource. I will be recommending this book to everyone."--Ernesto Segismundo Jr., M.S. Licensed Marriage & Family Therapist (LMFT); Professor; Founder and Owner of www.FYLMIT.com"Authentic and transparent, Melissa DaSilva delivers her step-by-step strategies for building a profitable private practice. Melissa is magical; her enthusiastic personality, relentless drive, unstoppable passion and 'There's Always a Way' attitude makes her THE PERSON to model after if you want to build a profitable private practice. I am consistently amazed at Melissa's optimism--when it appears all roads are closed, she finds a way! She never gives up. I highly recommend this book to anyone starting a private practice. Melissa shares her strategies and problem-solving skills to running a successful private practice." -Jax Anderson, The Psyko Therapist
Download or read book The Doctor s Guide To Concierge Medicine written by Michael Tetreault and published by Createspace Independent Publishing Platform. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "You will never regret being a doctor IF you work only for patients. But if you don't work only for patients, you will regret your decision in the end." Dr. T.L., Concierge Physician, California -- Whether you're the owner of an existing medical practice or looking for guidance and advice to start your own concierge medicine or cash-based practice, The Doctor's Guide To Concierge Medicine helps you discover an old-fashioned delivery model of medicine in a modern economy. It will help you follow important steps required for conducting business, set realistic expectations and grow your practice by following in the steps and advice relayed directly to us by physicians across the country over the past decade.What You'll Learn: Physician expertise shared by over two dozen successful industry leading Concierge Medicine doctors and Direct Primary Care physicians; Advice on choosing the right business model; Guidance on business planning and launch; Hints for effective patient communication and proven strategies to acquire new patients; Marketplace research; latest policy updates and so much more! This book is not providing legal, accounting or any other professional advice. Disclaimer: This book in part or in full does not constitute medical, financial, legal or other professional advice. Readers should seek independent guidance and specific expertise however, when transitioning or considering moving into one of these business models and/or practices. This book, the opinions expressed and all content may be that of the publisher, Concierge Medicine Today, LLC and the individual contributors. An interview/story is also not an endorsement. Published by Concierge Medicine Today, LLC.
Download or read book Popular Mechanics written by and published by . This book was released on 1945-10 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular Mechanics inspires, instructs and influences readers to help them master the modern world. Whether it’s practical DIY home-improvement tips, gadgets and digital technology, information on the newest cars or the latest breakthroughs in science -- PM is the ultimate guide to our high-tech lifestyle.
Download or read book Popular Mechanics written by and published by . This book was released on 1944-06 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular Mechanics inspires, instructs and influences readers to help them master the modern world. Whether it’s practical DIY home-improvement tips, gadgets and digital technology, information on the newest cars or the latest breakthroughs in science -- PM is the ultimate guide to our high-tech lifestyle.
Download or read book Scientific American written by and published by . This book was released on 1860 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monthly magazine devoted to topics of general scientific interest.