Malpractice and Risk Management
Medical Professional Liability Coverage
When choosing a malpractice insurance carrier, several issues should be discussed prior to making a decision. Some of these include:
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Managed Care – Contract Evaluation
Contract evaluation is a process that every practice should have defined and documented. This can be a simple checklist or as sophisticated as a weighted calculated system. Either way, the process should be documented and utilized by all of the individuals who have contracting authority.
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Managed Care Evolution- The Global Market Perspective
“Your past success guarantees you nothing, if the rules change in the future, and if you are not careful, your successful past may block your vision to the future.”
Joel E. Barker, Futurist
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Managed Care – Market Analysis and Strategy Development
Why is it important?
It is Friday night and your high school football team is playing in the state championship playoffs. It is imperative for your team to know:
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Managed Care Process
How does it work in the Practice?
What do you need to look for in a practice as it relates to managed care support?
You need to identify the resources that are dedicated to the total managed care process. Does the practice have a department that supports the majority of the managed care functions? Exhibit C describes a comprehensive managed care process within a practice.
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Medical Practice Financial Statements
The biggest career decision you will make following your medical training and medical career management will likely be joining a medical practice. A practice is a small business and you will be entering the business of medicine. Very likely you will have business partners in this enterprise.
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Medical Practice Management: Finance-Key Concepts
Introduction
While many important non-financial considerations contribute to a decision regarding a practice opportunity, this component of the Tool Kit will focus on key financial concepts.
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Medical Practice Revenue Analysis
The biggest career decision you will make following your medical training may be joining a practice. A medical practice is a small business and you will be entering into the business of medicine. Very likely, you will have business partners in this enterprise.
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Mentoring
The word mentor comes to us from Mentor who, in ancient Greek myth, was the counselor to Telemachus, the wandering son of Ulysses.
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