Managing Practices in Tough Times…Tactics for Survival!

Managing a medical practice in a thriving economy is challenging enough.  With the downturn in the economy, many administrators are reporting changes in their margins.  This is due in large part to:  rising costs, increasing percentage of bad debts, employers converting to benefit plans with higher deductibles and copayments, and shifts in the payer mix.  Administrators in practices of all sizes need to take a critical look at operations and develop appropriate responses to these pressure points.  This presentation will outline key areas for review and provide strategies and tactics for implementing change. 

Learning Objectives

• Discuss the effects of the economic recession on medical practices.
• Define the financial and productivity measures that are major performance indicators for practices.
• Provide examples of industry benchmarks and how to strategically utilize them to effect change in your practice.
  
• Define critical operational issues affecting front desk, billing office, and patient flow and how to turn obstacles into opportunities.
• Provide tactics for motivating staff and providers to implement required changes.
  

Intended Audience

• CEOs
• COOs
• Vice Presidents of Medical Affairs
• Medical Directors
• CFOs
• Vice Presidents of Physician Services
• Practice Administrators/Managers
  

Speakers

• John Hill
  
• Steve Ratliff
  

Seminar Length: 1 ½ hours including Question and Answer Session with Participants

This program is available as a pre-recorded ON-DEMAND event.

Registration fee includes presentation materials to be made accessible to participants prior to the ON-DEMAND event. Registration for ON-DEMAND gives the registrant 30 days during which to view the program once or multiple times.

Upon completion of the registration form for the selected event(s), you will receive a confirmation email which includes a link to the event materials and audio conference web site. This link will be active for 30 days.