Latest In Healthcare Management

Author Archives: charles

The Surprising Versatility of Premium Financed Life Insurance


The Surprising Versatility of Premium Financed Life Insurance If you are facing the challenge of paying high insurance premiums to protect your family’s financial future, you may want to consider the advantages of Premium Financed Life Insurance, a strategy that is new to many medical professionals. An increasing number of doctors each year are finding that a properly leveraged and ...

Read More »

NOTICE OF CMS RULE ALLOWING FLEXIBILITY IN CERTIFIED EHR TECHNOLOGY FOR 2014 MEANINGFUL USE

The Centers for Medicare & Medicaid Services (CMS) has now finalized the proposed 2014 Certified Electronic Health Record Technology (CEHRT) for meaningful use (MU) rule, which gives providers some flexibility when attesting in 2014. This rule takes into account the struggle electronic health record (EHR) vendors have had in developing and rolling out 2014 certified versions and that physician offices ...

Read More »

IS YOUR PRACTICE READY FOR EMV?

The evolution of EMV technology is something that will impact every business that accepts payment cards. EMV (which stands for the original founders Europay, MasterCard and Visa) is a global card security standard that has been widely adopted outside the United States to combat counterfeit cards and fraud. The United States is in the process of migrating from traditional magnetic ...

Read More »

BUILDING A STRONGER HUMAN RESOURCES FOUNDATION

One of the challenges facing many medical practices is how to effectively and uniformly administer the human resources (“HR”) function across a number of offices, oftentimes with a diversity of cultures and historic practices. This article is not going to focus on HR issues unique to a medical workplace, but rather the HR issues unique to multi-location operations and the ...

Read More »

MANAGING THE BUSINESS & CULTURAL ASPECTS OF A PRACTICE MERGER

EDITOR’S NOTE: Becky Rudolph is the founding partner of Healthcare Management Partners, LLC in Denver. In this article she will touch upon the business and cultural aspects of a practice merger. With a background in psychology she has been focused on the business and people aspects of health care for the past 30 years. The emphasis on physician practice management, ...

Read More »

THE LATEST BLISTERING PHRASE ABOUT HIRING…

There is a phrase that is bouncing around in both the Technology and Medical fields; “Hire Slow – Fire Fast”. Nice intention – but it misses the mark completely.  If you are competing for the best talent you can get, then you can’t waste time.   In some markets there are 4 jobs for every candidate.  If you are the only ...

Read More »

DEFINING YOUR INVESTMENT PHILOSOPHY

When asked to describe what their investment philosophy is, many investors will respond with an answer tied to their level of risk. Oh, I’m a gambler some might say. Or another may say, I don’t like a lot of risk, but I know I need to invest in the market. There are any numbers of answers that may come along ...

Read More »

OVERWHELMED: A TEMPORARY STATE OF BEING

Overwhelmed? Need to make something useful happen, right now? Start here: when overwhelm happens, everything feels urgent and we have the experience that it all has to happen right now! Here is a quick understanding, so you can get “overwhelm” into useful perspective. Overwhelm usually has 3 sources – the first is taking on more than you have capacity for ...

Read More »

FLIGHT TO QUALITY: THE PPACA

Now that the Patient Protection & Affordable Care Act (PPACA) has seemingly weathered all challenges, the questions are numerous. Among them include what impact the Act will have on driving healthcare cost containment, and the effect it will ultimately have on the overall quality of healthcare delivery. Providers are wise to sit up and take notice, as those who are ...

Read More »

ESCAPE FROM THE TAX TRAP: CAN YOU BECOME A FINANCIAL MCGYVER?

In Wyle E. Coyote fashion, at the bottom of the dreaded Fiscal Cliff at the end of 2012, sat a large (albeit metaphorical) trampoline that propelled many of our clients into higher income tax brackets at a frightening speed. While federal estate and gift taxes remained largely unchanged, income taxes increased dramatically. As such, if you have not had the ...

Read More »