Financial Health Check Up
- Migrating to a cloud-computing service can give smaller and mid-sized medical practices access to IT management expertise and advances in technology typically available to much larger organizations. But practice managers need to consider security and regulatory issues before they take to the clouds.
- Too often, the focus on the medical practice billing process is whether or not it’s efficient. The first question really should be, "Is the process effective?" Taking the time to make these basic observations will help in understanding both effectiveness and efficiency of your billing system.
- The risks inherent in inaccurate coding are two-fold: On the financial side, it often means that medical practices are not properly reimbursed. Of greater importance, however, is the growing danger of poor coding resulting in fraud charges.
- A multidisciplinary practice -- one that includes both licensed medical doctors and other healthcare professionals, such as chiropractors, acupuncturists and other alternative medicine practitioners. But these non-traditional practices can face a number of challenging considerations.
- In the second in a two-part series on how to value your practice, experts offer advice on how to improve the value of your practice if you determine the business is not worth is much as you thought. Some fixes will be relatively easy, and others much more challenging.
AUTHOR BIO

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Ed Rabinowitz is a veteran healthcare journalist with more than thirty years of writing experience. He has been covering the financial and healthcare marketplaces for the past 13 years.
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