Critical Practice Foundations The Basics Most doctors, when starting their practices, miss some of the basic actions that should be established before opening. An owner of a healthcare practice should always, as a first step, work out the following basics: their...
Knowing how to monitor and measure productivity objectively is the underlying secret of success for any practice or business. No doctor would decide on a treatment plan without properly examining a patient and performing whatever tests are necessary to determine the...
There are two channels or vectors for marketing your practice. The first is internal, the second is external. Internal deals with dissemination and promotion within your practice and to already-established patients or clients. External deals with locating and reaching...
The Office Manager is a key staff member in any private practice. A well-trained, positive and experienced Office Manager is worth his or her weight in gold. If your practice is not prospering, if the doctor finds they are having to cover jobs in addition to their...
Practice owners bring on new employees for a variety of reasons. Often, when practices are undergoing expansion of production and income, they require increased staffing. Or, due to poor past hiring procedures practice owners find that they have to replace some...
Over the past several months, our research team has conducted many interviews with practice owners across the country regarding “the difficulties of hiring during the”, “Tips on hiring” and “Keeping staff happy”. The information below is a culmination of the data...
It is never too early in your career to start funding your retirement. You may only be one day out of school, but you should be thinking about and planning out a retirement fund. We have found from our surveys that an ongoing decline of interest in practice ownership...
If you are a practice owner, you should know that, in most cases, getting in is easier than getting out. That is, exiting a practice is often more difficult than building it. Exiting is a process, not an event, that should be planned far in advance of the day you turn...
The holiday season is here, and with it comes every distraction that could push your employees off-task. Candy, costumes, decorations, vacation...the list is endless. In this article, we’ll share the steps you should take to motivate & manage your team throughout...
The holidays can be a fun and festive time in your practice, but they also bring a few HR headaches to watch out for. Here are the most common mistakes to avoid this holiday season! Mistake #1 - No Written Time Off Policy Having written policy that provides the...