HMOs still generate more income than PPOs do. The median percentage of gross income from capitation increased for FPs, internists, and ob/gyns, dropped for GPs, and remained the same for pediatricians.
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The best place to start any behavioral change effort is with a baseline assessment of where one’s strengths and most serious developmental needs lie.
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Groups that divide at least some proportion of their income equally struggle with what to do with: low producers, disabled physicians, those who wish to lower their productivity for life-style purposes, and retiring physicians.
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The term credentialing, when used in conjunction with a physician’s practice, is the process of substantiating a physician’s credentials with required documents such as a state license, diploma, continuing education credits, third-party payer registration, professional liability insurance coverage, tax identification number, and business permit.
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Though compensation averages are commonly available, physician income does vary by region. Perversely, income packages often are smallest in expensive areas.
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To ensure maximum profits are realized. Drug costs as a percentage of drug revenue can range from 40% to 50%, depending on the volume.
Effective planning involves the use of a personal calendar and a to-do list, as well as prioritization and goal setting. An appointment calendar and a to-do list alone aren’t good enough.
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Remember, you are negotiating all the time during the recruitment process, and there are predictable responses to the maneuvers that take place in a negotiation.
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Visual aids can help provide emphasis and deliver clear illustrations of your points. Simple pictures can enhance the audience’s level of understanding of the material presented.
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The older the AR, greater than 90 days, the less likely the dollars will ever be collected.
