Practice Management

Practice Management (145)

Health Info Technology’s Year in Review

It has been a roller-coaster ride for health information technology in 2011. Slow but steady progress has ramped up adoption of electronic health records, but the number of reported health data breaches is disturbing. Many organizations use mobile health but lack policies on the devices; e-prescribing is up but physicians aren’t using all the available functions.

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EHR Training: What’s the Best Way to Ramp Up?

What's the best way for physicians to prepare for EHR (Electronic Health Records) training for themselves and their offices?

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Doing More with Less Health IT

In a tough economic climate, it’s no wonder that the belt-tightening has trickled down to IT investments. Many physicians are scaling down their plans and adopting a wait-and-see approach -- hospitals are considering holding off renovations or plans to increase capacity and the purchase of clinical technology or equipment is being pushed to the back burner. Among these downsides, though, there is a silver lining: practices are now being forced to move toward efficiencies in health information technology (HIT).

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'S' or 'C' Corp? Maximize Tax Deductions by Using Both!

This guest column was written by Carole C. Food, CPA and David B. Mandell, JD, MBA.

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Physician Billing Systems Gearing Up for Complications

Medical practices are often ill equipped to handle the mounds of paperwork and maze of bureaucracy required to receive full compensation from health insurance companies. As this process becomes more complex, physicians are finding it increasingly difficult to run a healthy practice.

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Dispelling the #1 Myth of Asset Protection: Why You Can Lose Assets in a Medical Malpractice Lawsuit

This is a guest post from David Mandell and Jason O'Dell. Mandell is an attorney and lecturer. O'Dell is a financial consultant and lecturer. Both have authored books for physicians and are principals of the financial consulting firm OJM Group.

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The Best Asset Protection is Not Asset Protection... Is Yours?

This article is a guest post by David Mandell and Jason O'Dell. Mandell is an attorney and lecturer. O'Dell is a financial consultant and lecturer. Both are authors of books for physicians and are principals of the financial consulting firm OJM Group.

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Avoiding Hurdles of EHR Adoption with the iPad

There has been a steady increase in electronic health record (EHR) software adoption by physicians and hospitals. The value-add is tremendous, and with the government incentives now in place, this growth is a no-brainer. However, some major issues still remain.

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Small Captive Insurance Companies: Powerful Risk Management, Tax and Asset Protection Tools for Physicians

This is a guest column from Carole C. Foos, CPA and David B. Mandell, JD, MBA.

While captive insurance companies have been part of the planning landscape for decades, physicians seem to be asking more about them here in 2011 than ever before.  Perhaps this is because of the financial, tax and legal efficiencies captives create and the fact that doctors today need to be more financially savvy than ever to continue to do well.  If your practice currently generates over $3,000,000 of revenues and you would like to take advantage of opportunities to improve the financial success you realize from your hard work without having to see any more patients, then this article may prove to be very valuable information for you. 

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Massive Cost Savings Hidden In Electronic Medical Records: Doctor

The handwriting on your prescription isn’t the only thing about the typical doctor that’s hard to understand.

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