Effective practice management involves attention to various aspects, from staffing and location to financial health and compliance. Selected topics presented in this section to include supervision of ancillary staff, the importance of the practice location, types of insurance you need, and how to gauge if you’re busy enough to add a new doctor. Resources are also provided to help with practice management. By proactively addressing these concerns and utilizing available resources, you can create a thriving practice that meets the needs of your patients and supports your professional goals.
Physiatry Supervision of Ancillary Staff
A physiatrist asked me recently about the supervision of ancillary staff. He was asked to start supervising ancillary staff as part of his job. He asked me how much he should be paid additionally to do this. He had a concern about the litiguous position it might put him. I’m not familiar with this subject...
Potential COVID-19 Hardship Exception Extended to 2021 MIPS
CMS is offering the option of obtaining a COVID Exception from reporting for MIPS for 2021, according to the following stated criteria from CMS: Can I Apply for an Extreme and Uncontrollable Circumstances Exception? Yes. If you believe you have been affected by an extreme and uncontrollable circumstance (such as the public health emergency triggered...
6 out of 10 People Choose a Doctor Based on a Convenient Location
When a patient chooses a doctor or a hospital, the decision process is often driven, not by quality factors, but by simple geography. Check out these surprising and insightful numbers… Three recent surveys seem to agree; “location” is a highly significant consideration. What’s more, according to Healthgrades data, “convenient location” is more than twice as...
Business Consultants/Guide to Starting Your Own Medical Practice
8 Myths About Being a Self-Employed Physiatrist Do you dream of being a self-employed physiatrist but feel like you don’t have the money, knowledge, or skills to get a practice going? Your concerns might be unfounded and grounded in some of the common myths about self-employment. Imagine being able to increase your income and have...
7 Types of Insurance to Protect Your Medical Practice
7 Types of Insurance to Protect Your Medical Practice If you’re a family physician who manages your own private practice, then you are well aware of the challenges that come with being a business owner. You’re the judge, jury and executioner when it comes to laying the ground rules for how you want your practice...
Promoting Interoperability Hardship Exception Deadline 12-31-2020
As part of MIPS reporting for Performance Year, Eligible Providers are required to report under the “Promoting Interoperability” category (formerly known as Advancing Care which was formerly known as EHR(Electronic Health Records). For most hospital-based rehab providers, whose practice is in a free-standing rehab facility (such as Encompass Health), there is probably no capability of...