Marketing Your Medical Practice
Your patients are becoming more responsible for paying for their healthcare costs due to High Deductible Health Plans. As a result, they are researching their options in terms of treatment and providers. Therefore, it is imperative for practices to pay attention to how they are perceived by these potential “customers”. When marketing your medical practice. […]
Should You Offer Ancillary Services?
A number of medical practices around the country are offering ancillary services to their patients to help differentiate themselves from other practices, enhance patient services, and increase revenues. If your practice is considering offering ancillary services, such as ultrasound, physical therapy, imaging, or some other option, you’ll want to carefully think through the ramifications, costs, […]
The importance of a buy/sell agreement
All group medical practices should strongly consider having a buy/sell agreement. Typically, a buy/sell agreement states that a physician’s ownership interest in the practice cannot be sold to someone outside the practice without the approval of the other members of the practice. The other physicians in the practice have the option of buying the ownership […]