"Advanced Strategy for Medical Practice Leaders: Financial Management Edition," unlocks the secrets to success in managing and optimizing the financial aspects of a medical practice. This book provides healthcare professionals, administrators, and financial managers with comprehensive insights, detailed strategies and practical tools to ensure the financial health and prosperity of their medical practices.  Within the intricate landscape of healthcare finance, making informed decisions and implementing effective financial strategies is paramount. This ...

This book provides a review of each task associated with the Human Resource Management domain in MGMA's Body of Knowledge for Medical Practice Management, 4 th Edition.   Healthcare executives are primarily responsible for all human resource functions in the medical practice. Their ability to analyze and improve human resource processes is paramount to the organization's success.   From staffing plans, recruitment and retention to benefits, compliance and culture, the healthcare executive must master myriad skills and develop proper ...

This book provides a review of each task associated with the Risk and Compliance Management domain in MGMA's Body of Knowledge for Medical Practice Management, 4 th Edition. Healthcare executives are primarily responsible for all aspects of risk and compliance management in the medical practice. Their ability to mitigate risk exposure and remain compliant is critical to the organization's success. From organizational structure and governance, compliance with state and federal laws, and accreditation, credentialing, and licensing to emergency preparedness ...

All healthcare providers and organizations are being challenged to improve outcomes, reduce costs and increase patient satisfaction when delivering care. Are you confident that your nursing and allied health staff are performing their clinical responsibilities as efficiently as they should? Tightening the clinical team's processes is one of the fastest ways to gain efficiencies, reduce costs and move the needle up on quality measures.  Optimizing Clinical Team Productivity and Quality  provides useful information and tools to help you build efficiencies ...

This book provides a review of each task associated with the Transformative Healthcare Delivery domain in MGMA's Body of Knowledge for Medical Practice Management, 4 th Edition. Healthcare executives are primarily responsible for managing the medical practice's transformative healthcare activities. Their ability to work closely with providers to effectively deliver care is integral to the organization's success. From care, payment and organizational models to innovation and emerging technologies, the healthcare executive must master myriad skills ...

What physicians once resisted—formal marketing and communication programs used to meet the needs of their patients/customers—has now become an important part of everyday business practice. Today marketing is a necessity to establish and maintain a successful medical practice, with the focus on patient/customer service more important than ever before. Payment models are shifting, government mandates are increasing, patients are becoming more empowered, and physicians want to control their own destinies. These challenges can create confusion ...

This book provides a review of each task associated with the Organizational Governance domain in MGMA's Body of Knowledge for Medical Practice Management, 4 th Edition. Healthcare executives are responsible for establishing organizational governance within the medical practice. Their ability to build and maintain the infrastructure to support healthy governance is key to the organization's success. From facilitating the organization's corporate legal and governance structure to integrating the corporate mission, vision and values into the organization's ...

This book provides a review of each task associated with the Financial Management domain in MGMA's Body of Knowledge for Medical Practice Management, 4 th Edition. Healthcare executives are primarily responsible for all financial aspects of the medical practice. Their ability to analyze and improve financial functions is fundamental to the organization's success. From revenue cycle management and accounts receivable and payable to contract negotiations, budgeting and audits, the healthcare executive must master myriad skills and develop proper ...

Payment reform efforts will be a mainstay of healthcare delivery so long as our societal spending on care is high while our outcomes are inconsistent or middling. To thrive - financially, individually, and collectively as care delivery units - we must be able to demonstrate to ourselves and for others, the value of the outcomes we produce. While it is true that you can't improve what you don't measure, it is also true that you can't act on measurements you don't understand. Every healthcare system, form a single provider office up to a national chain, has ...

Sweeping changes in healthcare directly impact the staffing model of today's medical practices. We must staff new patient access channels and new value-based care models. Staff must be deployed to meet the needs of individual patients and the broader patient population. They must master new technologies and learn new knowledge and skills. We must create care teams that seamlessly work together, innovate and engage patients in their health.  This book presents critical tools and strategies to help you:  - Determine if you have the right number ...