Financial management, general

Jul-Aug 2004 Issue
Exploring the Limits of an Insane System [Editor's Page]

Argues that physicians profiled in cover story about charging patients for "free" services are inadvertently conducting experiments in the future of the health care system.

Apr 2004 Issue
Calculating Your Costs per Visit [Feature]

The article describes how to conduct a unit cost analysis, which takes into account all of the costs associated with providing a particular service (e.g., an adult physical) and determine how much it costs your practice to provide that service. This information can be useful for developing budgets, for negotiating rates with health insurance plans and for strategic planning.

Apr 2004 Issue
Why Every Practice Needs a Payment Policy [Getting Paid]

The author, a practice administrator, identifies reasons practices find it difficult to ask patients to pay at the time services are rendered and provides detailed instructions for improving collection rates.

Jan 2004 Issue
Three Steps to an Effective Practice Budget [Feature]

This article describes how a practice can create an effective practice budget by appropriately tracking expenses and comparing them to benchmark data.

Jan 2004 Issue
Two Ways of Looking at a Healthy Practice [Editor's Page]

Points out that the Nicoletti and Borglum articles in this issue are connected in that they both come from practice consultants who have formed apparently similar views of what constitutes a good practice.

Jun 2003 Issue
10 Ways Family Practices Lose Money [Feature]

This article describes 10 reasons that family practices lose money and offers prevention tips for each reason.

Apr 2003 Issue
Evaluating Health Plans: Finding the Keepers [Feature]

The article provides step-by-step instructions for evaluating health plan contracts and determining which ones to keep and which ones to drop.

Apr 2002 Issue
How Much Will That EMR System Really Cost? [Computers]

Installing an EMR system in a practice not only includes the initial purchase price, but ongoing costs as well. The author identifies what the continuing costs of an EMR are and provides a tool practices can use to calculate their own costs.

Jun 2001 Issue
Making Your Balance Sheet Work For You [Feature]

The author provides step-by-step instructions for creating balance sheets and budgets and explains how to use them to manage a practice.

May 2001 Issue
'Work Smarter, Not Harder' to Save Your Practice Money [Feature]

The article details how one practice implemented the principle of "working smarter, not harder" to optimize quality, efficiency and revenue.

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