Tag: value
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Paying More Money Is Not the Best Way to Retain Great Staff
Medical practices are painfully in need of keeping their top employees. The time, costs and dangers of recruiting replacement personnel are just part of the issue. Loss of key team members negatively impacts patient care, practice profitability, and staff morale. All administrators agree the retention of a trained, well-performing and mutually cooperative staff is a…
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Three Common Mistakes in Transferring Ownership of a Medical Practice
Physicians spend their careers building top-quality practices, but many devote too little attention to the architecture and terms by which the practices will be transferred at their retirement, death or disability. In our experience, there are three areas, which if neglected, will lead to problems at the crucial point when the ownership of this valuable…
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2017 Chronic Care Management Changes and Outsourcing Chronic Care
Medicare’s shift towards value-based care means the traditional model of health care reimbursement has just had a major shakeup. With value-based care, providers’ payments are now based on the value of care physicians deliver to patients and their health outcomes. Patients with chronic conditions often require greater care outside of the office. Beginning Jan. 1,…