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Private Equity Investments for Medical Practice Growth

By 2020, Practice Development, Practice Operations
Does a Private Equity investment make sense for your practice? Private-equity firms are accelerating their investments into physician practices. These investments can help physician groups expand to serve additional patients, recruit more physicians or receive higher payments. A third-party assessment can help you determine whether you’re being presented with a fair deal, if this type of...
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7 Reasons Strategic Planning in Medical Practices Is Essential

By 2019, Practice Development, Practice Management Tips, Practice Profits, Practice Startup
7 Reasons Strategic Planning in Healthcare Practices Is Essential Healthcare is a flooded market. While everyone needs a doctor that they can rely on, there are advertisements for a different health office at every street corner. That makes it hard for your potential clients to decipher what differentiates you from the others and limits ways...
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Practice Made Perfect: The Top 5 Benefits of Getting a Medical Practice Assessment

By 2019, Practice Development, Practice Management Tips, Practice Profits, Practice Startup
5 Benefits of Getting a Medical Practice Assessment Every year, patients continue to see an increase in out-of-pocket expenses for medical care. Unfortunately, their health insurance providers are offering less coverage. More than ever, the quality of your services as a medical practice is vital to keeping your patients. Without a thorough understanding of your operations, you may...
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Medical Office Management: 5 Ways To Improve Efficiency

By 2019, Practice Development, Practice Management Tips, Practice Profits, Practice Startup
Medical Office Management: 5 Ways To Improve Efficiency Ask 100 patients what their top complaint is about their medical care and 96 will tell you it's the inefficiency. Whether being made to wait or not knowing what's going on, patients are stressed out when medical office management fails. In order to retain patients, it's vital to...
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6 Tips For Starting A Private Medical Practice

By 2019, Practice Development, Practice Management Tips, Practice Profits, Practice Startup
6 Tips For Starting A Private Medical Practice In the past few years, the number of physicians starting private medical practices has dwindled with more physicians working in larger institutions. However, with more people getting access to healthcare than ever, those patients want to feel like they have a personal relationship with their doctors, especially when it...
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Why Telemedicine Could Be The Next Frontier

By 2017, Practice Development, Practice Operations, Practice Profits
Why Telemedicine Could Be The Next Frontier By Valora S. Gurganious, MBA, CHBC, Partner, and Senior Management Consultant Technology is ubiquitous in modern society, and just when we thought that computers could not replace the “human touch” of a healthcare provider, technology is making specialized care accessible to patients anywhere there is an internet connection....
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Revenue Growth: Efficiency in Healthcare

By 2016, Practice Development, Practice Operations
Revenue Growth: Efficiency in Healthcare By Frank Cohen, Director of Analytics and Business Intelligence Note: This is the second of a four-part series on improving your practice processes and workflow to boost revenue. The first article can be found here. Negotiating better contracts would certainly be beneficial, but many practices, suffering from the “Eeyore syndrome”...
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