Dissecting the business of a private pediatric practice for the purpose of examining its parts & discourse
At NCE last year, I got an opportunity to meet Dr. Sidney Nesbitt. Dr. Nesbitt a pediatrician in Nairobi, Kenya and is very interested in practice management things like work flow improvements, hiring the right staff and working on making his clinic a better place for both him, his staff and his patients. I recently heard from Dr. Nesbitt. He shared with me that a group of MIT grad students conducted an assessment of his office in Nairobi in … [Read more...]
What are my practice goals? How do I measure success towards reaching these goals? How am I going to communicate these goals and progress to my staff? Related articles Do You Want to Understand the Revenue Cycle of a Medical Practice? Start Here. (managemypractice.com) … [Read more...]
Chip and I continue our discussion on key reports we ought to be looking at when assessing the financial health of our practices. In this AwesomeCast, Chip and I talk about E/M distribution, specifically the 9921x and how looking at these CPT codes and comparing with each other can provide a lot of insight into the clinic's billing practices, among other things. We also talk about Sick to Wellness ratio. Chip walks us through his process on … [Read more...]
If you've done any reading about ICD-10, you know that this transition will be a monumental task. Fundamentally speaking, ICD-10 is a paradigm shift. It is designed to completely transform medical documentation. And since documentation is a lot of what doctors do, inevitably these changes will impact our day-to-day practice. In a recent AMA publication, the authors concluded that the two biggest challenges with implementing ICD-10 will be … [Read more...]
In his 20 plus years in practice management, Chip has advised thousands of medical practices. So it occurred to me, why don't I ask Chip how he assesses a practice? In other words, when he is preparing to counsel a practice, what reports, data sets or financial instruments he uses to identify whether or not the practice is a financially healthy practice. You don't want to miss this episode because Chip share with us some of the key … [Read more...]
I've been thinking about implementing a more streamlined survey tool. But this is one of those things that you know is important, but not necessarily a priority. That is, nothing is going to fall apart if you don't send a survey to a patient. Today, this comment (see below) came across on my screen from the SOAPM listserve that caught my eye. I emailed Dr. Adams and asked him if I could post this on PediatricInc. He agreed. Dr. Adams … [Read more...]
My friends over at the ManageMyPractice.com blog are putting together another webinar that I think you all should attend. Mary Pat writes: We had such a great response to our Credit Card on File Webinars that we are running another session. If you are still curious about the credit card program on file that I go on and on about, but don't know how to make it work, how to store credit cards safely or how to tell patients about this new … [Read more...]
Chip and I finally got our act together and recorded another video cast. This time, we talk about company culture. There is so much to say about company culture. Chip and I only focused on few items of course. I mostly talked about what are some of the efforts I've been employing in an effort to not only strengthen our company culture, but also grow it. I share some of the tools I used un order to accomplish this. Chip shares some of … [Read more...]
Here you have it PediatricInc readers. Below are the TOP 10 Post of 2012. These are the post that got the most clicks. Medical Practice Advertisement Patient Collection Letters, What is Your Approach? Providing Breastfeeding Services Finally Pays Dividends Top 11 Pediatric Facebook Pages eBook-101 Ways To Transform Your Practice Free RBRVS Calculator For Your Medical Practice Does Your Medical Practice Have a Problem … [Read more...]
Back by popular demand. Chip an I had so much fun recording our conversation about patients recalls, that we decided to get together again and record another awesome video. This time we talked about lessons learned when dealing with tech transitions, like a practice management system or an EMR. Some of you know that we moved our practice management system over to PCC. So Chip was curious to know how it had gone and if there were … [Read more...]
