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Medical Practice Business Plan Workbook, Third Edition

Medical Practice Business Plan Workbook, Third Edition
Author: Peter D. Lucash
Publisher: CRC Press
Total Pages: 128
Release: 2011-10-17
Genre: Business & Economics
ISBN: 1439855315

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How does a medical practice thrive in a business environment where the margin of management error has all but disappeared? Profit margins are being squeezed by declining reimbursement rates, capitation plans, gamesmanship on the part of the payors, and increasing operating costs. Addressing the specific needs of today’s medical practice, Medical Practice Business Plan Workbook, Third Edition supplies a detailed and ordered work plan to tackle some of the most pressing issues facing the field. Peter D. Lucash delves into decades of experience helping physician groups develop business plans to guide you along the process of building the profitable practice you want and deserve. This updated edition of a bestseller begins with a review of the fundamentals, including the questions your plan should answer, how to get started, how to organize and develop your plan, and the staff support and resources you will need. Complete with a wealth of helpful sample plans and worksheets, this workbook: Reflects recent changes in the healthcare industry, including federal healthcare reform Offers a one-of-a-kind design and approach tailored to the medical practice Covers conceptualization, organization, and implementation of your business plan This updated edition reflects current and forecasted challenges for practices, including the Affordable Care Act, data security, and quality and outcome measures. It supplies detailed coverage of the different types of organizations, governance and management, personnel needs, key business relationships and contacts, demographics and economic factors, patients as customers, competitor analysis, marketing, information technology, disaster and business continuity planning, and financial strategies. The final section outlines a process for implementing your plan. Sticking to this process will help ensure your plan covers what is needed to succeed in today’s complex medical environment. Visit www.Lucash.com for videos and other resources to help you develop and implement your practice business plan.


Medical Practice Business Plan Workbook

Medical Practice Business Plan Workbook
Author: Peter D Lucash
Publisher: Productivity Press
Total Pages: 126
Release: 2020-12-18
Genre:
ISBN: 9781138431881

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How does a medical practice thrive in a business environment where the margin of management error has all but disappeared? Profit margins are being squeezed by declining reimbursement rates, capitation plans, gamesmanship on the part of the payors, and increasing operating costs. Addressing the specific needs of today's medical practice, Medical Practice Business Plan Workbook, Third Edition supplies a detailed and ordered work plan to tackle some of the most pressing issues facing the field.Peter D. Lucash delves into decades of experience helping physician groups develop business plans to guide you along the process of building the profitable practice you want and deserve. This updated edition of a bestseller begins with a review of the fundamentals, including the questions your plan should answer, how to get started, how to organize and develop your plan, and the staff support and resources you will need. Complete with a wealth of helpful sample plans and worksheets, this workbook: Reflects recent changes in the healthcare industry, including federal healthcare reform Offers a one-of-a-kind design and approach tailored to the medical practice Covers conceptualization, organization, and implementation of your business plan This updated edition reflects current and forecasted challenges for practices, including the Affordable Care Act, data security, and quality and outcome measures. It supplies detailed coverage of the different types of organizations, governance and management, personnel needs, key business relationships and contacts, demographics and economic factors, patients as customers, competitor analysis, marketing, information technology, disaster and business continuity planning, and financial strategies. The final section outlines a process for implementing your plan. Sticking to this process will help ensure your plan covers what is needed to succeed in today's complex


Medical Practice Business Plan Workbook

Medical Practice Business Plan Workbook
Author: Peter D. Lucash
Publisher:
Total Pages: 125
Release: 2000-09
Genre:
ISBN: 9780970524409

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The only book of its kind, Peter D. Lucash, a leading physician practice administrator, speaker/trainer & consultant, developed Medical Practice Business Plan Workbook: A Blueprint for Building the Practice You Want & Deserve as a practical user-friendly workbook that doctors & their practice managers can use to improve their business. Workbook is sized (7x10) & bound (paper, perfect) so users can open it on a desk, copy the worksheets & get the maximum value. Physican practices are a business & doctors are looking for practical, expert help to run their "business" the best they can. Designed as a workbook to be used, users are guided through 15 elements of analysis & decision-making to develop a business plan customized for their needs. Each section includes introductory discussion & a Writing Guide to help users to focus on the key tasks & decisions. Market this book through the local medical society, hospitals & medical management groups. The publisher will support you with a Marketing Tip Sheet provided on request & discuss effective, local & in store tactics that can bring this desired market. Workbook is co-published with MGMA (Medial Group Management Association) the largest & leading organization for medical practice management.


The Medical Practice's Ultimate Business Planning Workbook

The Medical Practice's Ultimate Business Planning Workbook
Author: Courtney H. Price
Publisher: Medical Group Management Association/Center for Research in Ambulatory Health Care Administration
Total Pages: 141
Release: 2008-01-01
Genre: Medical offices
ISBN: 9781568292977

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The Business of Medical Practice

The Business of Medical Practice
Author: David Edward Marcinko
Publisher: Springer Publishing Company
Total Pages: 786
Release: 2010-12-15
Genre: Medical
ISBN: 0826105750

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Print+CourseSmart


Progressive Business Plan for a Medical Home Health Care Service

Progressive Business Plan for a Medical Home Health Care Service
Author: Nat Chiaffarano Mba
Publisher:
Total Pages: 252
Release: 2020-10-27
Genre:
ISBN:

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'Get Much Smarter' About Your Chosen Business Venture!This Business Plan workbook contains the detailed content and out-of-the-box ideas to launch a successful Medical Home Health Care Service Company. This Business Plan book provides the updated, relevant content needed to become much more knowledgeable about starting a profitable Medical Home Health Care Agency. The fill-in-the-blank template format makes it very easy to write the business plan, but it is the out-of-the box strategic growth ideas and detailed marketing plan, presented for your specific type of business, that will put you on the road to success. This book features in-depth descriptions of a wide range of innovative products and services, and a comprehensive marketing plan that has been customized for your specific business. It also contains an extensive list of Keys to Success, Creative Differentiation Strategies, Competitive Advantages to seize upon, Current Industry Trends and Best Practices of Industry Leaders to consider, Helpful Resources, Actual Business Examples, Sourcing Leads, Financial Statement Forms and Several Alternative Financing Options. If your goal is to obtain the business knowledge, industry education and original ideas that will improve your chances for success in a Medical Home Health Care Service business... then this book was specifically written for you.


The Business Planning Tool Kit

The Business Planning Tool Kit
Author: Annie Philips
Publisher: CRC Press
Total Pages: 242
Release: 2019-08-22
Genre: Medical
ISBN: 1000724719

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Although all primary care organisations have to develop business plans at every level, for many this is a new experience. This book will show the reader how., The Business Planning Tool Kit is a practical, comprehensive book that contains all the reader needs to know about business planning in primary care. The book includes topics on what to include in a business plan, personnel, finances, premises and information management. It is an interactive guide including links to websites that have practical templates for the reader to download and use. It takes general practitioners, practice managers, and managers in primary care groups, trusts, and health authorities through the business planning process in a clear, straightforward way., This book provides a whole new way of looking at how general practice can be managed and it does so in the form of a manual which gives whoever takes on the task the tools to do so. The layout of the book is a joy. Every section has sheets on which staff members can write their comments on the issue in hand. Users of this book are likely to find themselves in a healthier practice because of it.’ Andrew Polmear, in the Foreword


The Medical Entrepreneur

The Medical Entrepreneur
Author: Steven M. Hacker
Publisher: Nano 2 Business Press
Total Pages: 126
Release: 2010
Genre: Business & Economics
ISBN: 0615407137

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"A comprehensive primer on the business skills essential for physicians."- Kirkus Reviews"A doctors' guide to entrepreneurship..."- Kirkus ReviewsThis is the new third edition (2015-2016) of the most popular business and practice management book for physicians, medical students and medical residents. Thousands of doctors and entrepreneurs have bought this book before joining a group or starting their own practice or entrepreneurial venture. The brand new third edition contains NEW FORMATTING AND NEW MATERIAL for the same low price as past editions. This third edition includes a bonus section to help entrepreneurs and doctors source out specific vendors' and their products and services to get a jumpstart on your business or medical practice. WARNING AND ADVICE for Doctors & Medical students and entrepreneurs: BEFORE JOINING A GROUP PRACTICE OR STARTING A NEW BUSINESS, DO NOT SIGN ANY CONTRACTS UNTIL YOU HAVE FINISHED READING THIS BOOK.This book is written to help doctors, medical residents, medical students, and physicians in private practice and academia avoid costly business mistakes in their post medical school career. It is uniquely written from the perspective of a successful physician entrepreneur. Busy doctors with little time can quickly access critical cost saving information when joining or starting a private practice. Topics include everything from how to set up a practice, sign a contract with another group, hire another doctor, contract with insurance companies, understand health regulations including the HITECH stimulus act, how to qualify to receive stimulus funds, billing in the office, hiring and firing personnel, picking a location, obtaining hospital privileges, applying for the required licenses, electronic health records, practice management software, health technology in the office, how to protect your estate, liability issues, marketing and public relations, design of the medical office and more. Also written for the physician entrepreneur, the book explains how to raise capital, term sheets, understanding venture capital, board of directors, incorporation election issues, how to understand financials, balance sheets, negotiations, hiring the management team, how to take an idea and turn it into an operating business, how to protect your intellectual property, copyrights, trademarks, patents, customer acquisition and how to deal with a business when things go wrong. The book covers much more and includes expert "stat consults" or opinions from corporate attorneys, intellectual property attorneys, board certified health care attorneys and estate attorneys.


Business of Medical Practice

Business of Medical Practice
Author: David Edward Marcinko
Publisher: Springer Publishing Company
Total Pages: 524
Release: 2004
Genre: Medical
ISBN: 9780826123763

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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 plan; Compliance methods; Risk and programs; The insurance CPT coding issues; Six-sigma initiatives; Futuristic information technology to track clinical outcomes; Treatment results and medical care; Physician recruitment