Part B News | Physician Practice Perspectives

07/01/2005

When you look at your practice’s staff, you may see a talented coder, a compassionate nurse, and a skilled and efficient front-desk clerk. But author and corporate coach John Sweeney sees something else.

Ensure clear communication with all patients

07/01/2005

Chances are, no matter the location of your practice, you now face challenges to providing care that are much more difficult than overcoming a patient’s fear of needles. For example, how do you provide quality care for patients with language barriers?

Accept credit cards to ensure patient payments

07/01/2005

If yours is like many physician practices, every month you probably have balances due on your books because patients haven’t yet paid you. You probably cannot eliminate those balances entirely, but accepting credit cards can help you decrease them and increase your monthly revenue.

Don't sell patient information at your next yard sale

07/01/2005

On April 20, 2005, the HIPAA security rule took effect. These regulations complement the privacy regulations, which have been in effect since 2003. However, the security rule places a stronger emphasis on securing electronic data and ensuring physical security of electronic protected health information (ePHI).

Annuity hybrid may offer safe growth and interest rate relief for physicians

07/01/2005

Whether interest rates will rise is no longer the question; it’s now a matter of by how much and how often. That’s potentially bad news for individual- and group-investment portfolio holders alike. The effect of rising interest rates will not likely reach draconian proportions as some analysts believe, but medical professionals at or near retirement should still proceed cautiously, as they are more vulnerable to choosing inappropriate alternatives.

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