Is Your Company’s Culture Hindering Your Profitability?

I come from a non-medical business world where most conversation centers around profit, revenue, budgets, marketing, sales and things like that. In the private  practice world, mentioning profit or revenue is almost prohibited as if it was a kind of taboo. I remember being a little taken aback when people in the healthcare business would talk about "profit" and they would lower their voices and look around and whisper the words "making … [Read more...]

#13 What Will You Do With All That Money? [Pediatric Practice Management Awesome-Cast]

For this episode of our pediatric awesome-cast, Chip and I discuss a series of little items that have piled up over the last few weeks. We discuss pediatric practice management seminars, the avoidance of autoposting and eligibility checking, the compensation model survey, and some important considerations for those expecting the ACA-Medicaid-Payment-Adjustment boost this year. In fact, the 'gold' of this episode is probably in the middle, … [Read more...]

#12 How Do You Know When To Hire Your Next Physician? [Pediatric Practice Management MediaCast]

Recently, Chip and I saw a question posted on the SOAPM listserve that addressed this notion of when is it the right time to bring on a physician. We thought it was a great discussion topic so we decided to dedicate an entire episode surrounding some of things one ought to consider when bringing on a new doc. To give you a heads up, below you'll find part of the email that was submitted to the listserve. I recently interviewed a potential MD … [Read more...]

Are You Being Intentional In Your Medical Practice?

Like many of us, I was gaining weight year after year. And of course, every couple of months or so I'd have plans to eat less and exercise more. I'll just start making better choices; I'll also bring food from home instead of eating out for lunch everyday; Oh, and I can also start walking in the evenings with the dog. These were all these things that I kept on telling myself and others. Of course, you all know what happened. I never stuck to … [Read more...]

#11 Manage My Practice [Pediatric Practice Management VideoCast]

I'm really excited about this week's episode. In this episode, we are visited by Mary Pat Whaley from ManageMyPractice.com, one of the premiere practice management WWW sites. We have a fairly wide-ranging discussion, but there is some focus on a popular issue, the "credit-card-on-file" topic. We also touch on practice independence, insurance contract negotiation, and more. There is some real gold here! Make sure you visit ManageMyPractice.com … [Read more...]

First Ever Pediatric Practice Management Video Cast

When Chip Hart and I get together, we usually have very interesting conversations regarding practice management issues. I usually ask questions or share some of the challenges I'm currently facing at our practice. Chip brings his pediatric practice management consultant insights into the conversation. After we are done with our conversations I always wish we would have recorded the talk. I suspect that if I found the conversation valuable, … [Read more...]

Why I Think The RVU System Sucks

From the title of this blog post alone, I think you know how I feel about RVUs. However, if you want to hear my reasoning, read on. One of my biggest problems is that the RVU system is decided by a secret society composed of specialist. Nobody seems to have a problem that a “secret society” decides how much work and how much cost should be allocated to a medical service. Medical procedures are very dangerous and have a lot of risk, but so is … [Read more...]

Why You Will Not Want To Miss the AAP's NCE This Year

As many of you know, The American Academy of Pediatrics National Convention and Exhibition will be held in New Orleans this year. This year, I have the honor of presenting. I'll be speaking at the Pediatric Practice Managers Alliance Program scheduled on Friday October 19th as well as at the Joint Program: Section on Administration & Practice Management (H1020) and Section of Young Physicians on Saturday October 20th. For the PPMA session, … [Read more...]

Why You Will Not Want To Miss the AAP’s NCE This Year

As many of you know, The American Academy of Pediatrics National Convention and Exhibition will be held in New Orleans this year. This year, I have the honor of presenting. I'll be speaking at the Pediatric Practice Managers Alliance Program scheduled on Friday October 19th as well as at the Joint Program: Section on Administration & Practice Management (H1020) and Section of Young Physicians on Saturday October 20th. For the PPMA … [Read more...]

Preventive Medicine, Is it Really Better?

One of the cool things about this blog is that I get to meet interesting people. People reach out, comment, or challenge me from time to time, which I actually enjoy. It keeps me on my toes. Many of the people I meet have fascinating stories and backgrounds. One of them is Thompson Aderinkomi. Thompson is an Economist, he has a masters in Statistics, and he also has an MBA (I hear he is a pretty good musician too). Guess what industry Thompson … [Read more...]