Stories with related Professional Interests

How to Set a Standard Fee Schedule for Your Practice - 11/13/2025

 You have complete authority and responsibility to set your own standard practice prices. When you set your fees, consider basic business principles, including profit, return on investment, competition, and marketing.  

Follow-Up Failures Are Risky - 11/13/2025

Missed appointments and failures to follow up pose some of the greatest legal risks for physicians. Here are some risk-management tips for your practice.

Take Stock of Equipment and Supply Costs - 11/12/2025

The cost of medical equipment and supplies is an operating expense that requires careful monitoring because overspending can add up quickly. Here are a few tips from TMA Practice Consulting.

Monthly Financials Provide Needed Focus - 11/12/2025

Your appointment schedule is full, your staff file and track claims timely and bill patients monthly, and day-to-day operations are running smoothly. Everything is going great … or is it?

Collection Agency Submittal Do’s and Don’ts - 11/11/2025

Your collection agency has a better shot at success in collecting your past-due accounts if you follow tips for submitting accounts to the agency.

Use These Four Steps With Irate Patients - 11/11/2025

When faced with a highly emotional patient, your first task is to lower the emotional level of the patient so you can negotiate a reasonable solution. Use these four steps to accomplish that.

Seven Ways a Practice Newsletter Can Work for You - 11/11/2025

Many physicians balk at the notion of “marketing” their practice; nonetheless, promotion is what it may take to build a young practice or stand out in a competitive specialty field.

Did That Employee Quit, or Did You Fire Her? - 11/10/2025

The question of whether an employee quit or was fired is very important if the ex-employee files for unemployment benefits. It determines who has the burden of proof in the case. These tips from the Texas Workforce Commission can help you keep the onus of proof off you.

What’s Your Policy for Unused Paid Time Off? - 11/10/2025

Do any state laws govern how to handle unused paid time off when an employee leaves our practice?

Six Ways to Become a Better Collaborator - 11/10/2025

Practicing successfully under the Medicare Access and CHIP Reauthorization Act will call for strong collaboration and communication between physicians and other members of the health care team. For many physicians, this means a culture shift. Here’s how.

Practice E-Tips on Commercial Insurance - 10/20/2025

Get helpful practice tips on working with commercial insurance providers.

Four Bill-Collecting Tips for New (or Any) Practices - 09/16/2025

Starting a practice can be daunting, and one challenge often overlooked is making sure you get paid. Although only a small number of patients will not pay you, or will pay slowly, they can hurt your bottom line. Writing off thousands of dollars in charges should not be an option.

Pinch Points: Health Care Isn’t Immune to a Tight Labor Market - 08/18/2025

Health care isn’t immune to a tight labor market, but employee retention efforts can help.

PAs and APRNs: How Do These Midlevels Differ? - 08/05/2025

Physicians interested in hiring a midlevel practitioner for their practice sometimes wonder whether they should hire a physician assistant or an advanced practice registered nurse. Here’s the basic difference between the two.

Interview Candidates the Smart Way - 08/05/2025

When interviewing candidates for your practice staff, it’s a good idea to work from prepared questions. Here’s why.

Eight Reasons Your New Employee Didn’t Work Out - 08/05/2025

Hiring the right employee isn’t an easy job, nor a particularly fun one. You don’t want to do it all over again in a couple of months because your recent new hire didn’t work out. If that happened to you, here are some things you may have done wrong.

What’s a Good Way to Measure Physician Productivity? - 07/29/2025

An effective way to measure physician productivity is in relative value units (RVUs). Monitoring physician productivity can be one element in tracking a practice’s financial health.

What Financial Questions Should You Be Asking Your Administrator? - 04/22/2025

Here are common questions you should be asking your facility or practice administrator to help you navigate wRVU reviews and calculations.

Why You Need a Written Payment Policy - 03/19/2025

If your practice is wishy-washy about your payment policy, you essentially are allowing each patient to make his or her own policy. What other business allows its customers to decide when and how they will pay?

When It Rains (and Pours) … - 03/19/2025

According to news reports, nearly half of Texas was under flood watches or warnings at the beginning of June 2016. Does your practice have a policy for inclement weather and similar disaster or emergency conditions?

Don’t Overlook Credit Card Processing Fees - 02/14/2025

In today’s world of coinsurance and high-deductible health plans, more of a practice’s revenue comes from the patient, and taking credit cards has become a must. But are you paying too much for credit card processing services?

Putting the AI in Paid: Payer Use of Artificial Intelligence Sparks Physician Concerns - 12/20/2024

Physicians - worried about payers' increasing use of artificial intelligence to process prior authorization requests, enable value-based care models, and systematically deny coverage - are seeking transparency on behalf of their patients and practices.

Marketing Toolkit - 11/07/2024

Two important parts of many physicians’ business are marketing and advertising to attract new patients to the practice. This toolkit may be of assistance to Texas physicians in preparing a marketing vision and plan for their practice.

Practice Operations Toolkit - 11/05/2024

The process of evaluating the operational efficiency of a medical practice can be simultaneously complex, time-consuming, and eye-opening. This toolkit may be of assistance to you in assessing your medical practice operations.

Revenue Cycle Assessment Toolkit - 11/05/2024

This toolkit may help you assess the health and management of your revenue cycle, including front desk and business office operations, supervisory oversight, information technology, and processes related to data entry, reporting, and benchmarking.