Articles

To become a physician takes exceptional dedication and focus. Doctors acquire a vast quantity of medical knowledge but too little in the business management area. In today’s environment, business issues can dominate the running of a medical practice. It is important for you to be aware of common mistakes that are made in operating a practice, and even more importantly, to address the possibility that you are making some of these mistakes.

On Sept. 5, 2018, the UT Health San Antonio MD Anderson Cancer Center hosted a roundtable discussion with esteemed cancer leaders from UT Health San Antonio and MD Anderson Cancer Center to talk about the impact of cancer in San Antonio and how collaboration in patient care and research is essential to improving not only the outcomes for patients, but how creating a streamlined system of care using proven protocols and processes can best support families and caregivers. These thought leaders and clinicians walked through the rising incidence of the disease in San Antonio. They also laid out plans for how their work together will positively impact patients and their families while focusing on overall cost or “value” of health care spend for this disease that strikes aging and Hispanic populations disproportionately.

More than 7,000 physicians, scientists, investigators and advocates from across the globe will descend on San Antonio the first week in December for the 41st annual San Antonio Breast Cancer Symposium (SABCS).

No matter the size of your medical practice, staff turnover can cause problems if there aren’t enough staff members to ensure patient appointment demands are met. Could some of the turnover be prevented if we took a different approach to managing our practice?

In the medical practice setting, theft is often perpetrated by the same individuals who are typically given access to both financial assets and your trust: your own employees.

Medical practice costs across the nation continue to rise — from increased wages for your staff in an ever-tightening job market, to rising employee benefit costs and increased overhead costs. At the same time, due to lower carrier reimbursement rates, you often must absorb these rising costs.

We have written other articles in the past about decreased revenue and increased expenses. It’s an issue every medical practice must understand and take steps to reverse the trends. Increasing your revenue could be as easy as getting rid of some bad employee habits or increasing your social media presence.