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Product details
File Size: 3706 KB
Print Length: 150 pages
Publisher: Greenbranch Publishing; 1 edition (July 1, 2015)
Publication Date: July 1, 2015
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B010TR7O84
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Amazon Best Sellers Rank:
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This is a very comprehensive guide for starting a medical practice. It includes step-by-step instructions for just about all aspects of getting started.That being said, I strongly advise that every doctor engage a good team of professionals. I don't think that you could read a book and open a practice.But as an overview to give you the big picture and make sure you're getting it all done - great!
Book is good. Some helpful info, but nothing mindblowing. Probably depends on how much research you have already done on starting up your own practice.
Professional success and business success require very different skills in any specialty. But medical practice owners have especially hard time because they often operate in adversarial environment, where patients sue them for malpractice and payers delay or underpay insurance claims.Unfortunately, most medical schools spend no time at all preparing doctors for starting a practice. Worse, the fresh entrepreneur is often unaware of missing knowledge and is unable to navigate the complexities of planning and protecting business, selecting adequate technology, managing staff, and most importantly, getting paid.Invest the time it takes you to read this book back into your daily practice. If you get through this book in fifteen hours, and if you use just three ideas out of hundreds, and if each one idea saves you just 1/100th of your daily working time and effort--that will be a savings of 60 hours per year, or a net annual profit on time invested of 300%.Do you know of any other investment that nets you 300% annually?Yuval Lirov, Practicing Profitability - Billing Network Effect for Revenue Cycle Control in Healthcare Clinics and Chiropractic Offices: Collections, Audit Risk, SOAP Notes, Scheduling, Care Plans, and Coding
This is a must read for any physician thinking about starting a medical practice. With shrinking reimbursement for medical services one may conclude, after reading this excellent guide, that a private practice start up is not an economically smart move.
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