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To survive in this new less money for more quality world, a new approach must be undertaken to cut cost. And how does one do that? For starters, hire someone who truly understands and can run a cost accounting department. Then go through every department with the cost accountant... Read More

In a recent article that stated “multi-tasking is virtually impossible” the author attempted to say that to do something really well requires focus, energy and time, the opposite of multi-tasking. Really? Every successful healthcare manager or CEO or any “C” person understands... Read More

In the average medical practice, the effort to reduce cost and improve quality is a people issue. It is a people issue because about 60% of cost and 100% of a practices ability to improve quality or reduce cost lies in people. This does not mean go out and find cheaper labor…in... Read More

The benefits of tele-monitoring are evident, especially for some diagnoses.  But the theory behind tele-monitoring and the realities of dealing with tele-monitoring have a gap in-between them.  How to over-come the gap and bring real value is the question. More and more hospitals... Read More

Successful healthcare practices (whether standalone or clinics) share three characteristics that are true not only in healthcare but also any business or industry.  For years, the belief that healthcare was somehow different than most businesses kept the industry from making the... Read More

Value is a word that gets bantered about on a regular basis.  Generally value can be defined as “importance, worth, or usefulness of something.” In healthcare, it is defined by a number of different markers.  For patients, the value of healthcare may mean wellness.  For Providers... Read More

“Chief Strategy Officer”, an interesting title.  And in these unsure times, may be just what healthcare practices need.  Everyone is under the pressure of what will happen next. How do we capitalize our strengths, minimize our weaknesses, deal with the healthcare exchanges,... Read More

New studies indicate that new habits take about 2 months to become routine.  That means the new EHR takes 60 days to even get used to, much less take advantage of cost savings associated with using.  For providers, the habit of documentation (and it is a habit) will take some... Read More

Your practice has bought an EHR system.  Although you have struggled with implementing, providers and staff are now familiar with the product and you are using daily in your practice.  What’s the next step?  How can you use digital records to decrease cost and improve clinical... Read More

2014 holds many challenges for healthcare practices.  Being prepared is vital to the success of each practice.  Of course there are the routine things that practices need to be aware of at the beginning of each year:  contracts with payers need to be examined and re-negotiated... Read More