The Business of Medical Practice: Advanced Profit Maximization Techniques for Savvy Doctors, 2nd Edition
The Business of Medical Practice: Advanced Profit Maximization Techniques for Savvy Doctors, 2nd Edition
An interdisciplinary team of experts teaches newcomers how to open, staff, and equip an insurance-friendly office for patients, and how to raise the capital necessary for it. New coverage in the second edition includes: How to write a medical office business planCompliance methodsRisk and programs The insurance CPT coding issuesSix-sigma initiatives Futuristic information technology to track clinical outcomesTreatment results and medical carePhysician recruitment
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Refer to this Book Frequently,
This comprehensive multi-authored text contains over 450 pages of highly specific and well-documented information that will be interest to physicians in private practice, academics, and in medical management. The previous edition has been updated and significantly expanded.
The book is organized into three sections: Qualitative Aspects of Medical Practice, Quantitative Aspects of Medical Practice, and Contemporary Aspects of Medical Practice. Appendices include sample management service agreements, and information on medical unions and public perception of physician salaries. A particularly useful feature is a brief biosketch of each contributor, complete with contact information.
I read with particular interest the chapters entitled “Medical Office Business Plan”, “Insurance Coding Guidelines”, “The Case for Concierge Medicine”, and “Dissecting a Medical Malpractice Trial”. Like the rest of the book, these were readable, concise yet complete, and well developed.
I could have used a book like this in the past, I will certainly refer to it frequently now.
Reviewed by Carol EH Scott-Conner, MD, PhD, MBA
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