Managing the financial factors that sustain the profitability of your medical practice is just as important as providing high-quality patient care. Keeping a healthy cash flow is essential to financial management since it is the lifeblood of any healthcare company. This can be difficult given that a number of factors, including changing payment structures and regulations, rising patient...

Negotiating an insurance contract can be a complex process for physicians, but it's an important part of being a medical practice management consultant.  A step-by-step guide for physicians on how to negotiate an insurance contract includes understanding the practice's needs and goals, researching the insurance plans, identifying negotiating leverage, building relationships with insurance...

In today's rapidly evolving healthcare landscape, one of the most significant challenges facing medical practices is the pre-authorization process. This bureaucratic hurdle, required by insurance companies to determine the medical necessity of treatments, has become a pervasive and time-consuming task for healthcare providers.  The intricacies of the insurance prior authorization process,...