Category Archives: Uncategorized

So, You Want To Start A Vein Practice?

At least once a month our firm is contacted by a physician looking to become a “vein doc” and start a new practice. Others contact us looking to open a satellite office, often 20 – 2000 miles away from their current location. This article will cover the necessary steps that I would recommend physicians follow… Read More »

The Prescription for Positive Patient Reviews

In healthcare today, more and more patients are inclined to Google a doctor’s name and read patient reviews before scheduling an appointment. Doctors hate asking their patients to post a positive review. It can be awkward and uncomfortable, but on the flip side, a positive review can be immensely rewarding. Positive reviews from prior patients… Read More »

Physician Governance In A Group Practice

Attention to the business management side of a medical practice with multiple providers is critical in order to thrive. Patients are less willing and less able to pay for the level of health care which they have come to expect. There will clearly continue to be governmental, employer and third-party insurer concerns with limitations on… Read More »

How Are Your Referral Relationships?

Every potential referral physician is different, and you need to take an individual approach with each referring physician and group practice. Take the time to uncover the true needs and interests of each referral partner in an effort to build a professional relationship, create value, and establish the trust needed to gain lasting referrals. Follow… Read More »

Implementing Financial Controls

Payer reimbursements show little hope of increasing to offset rising administrative and clinical expenses necessary to run your medical practice. Therefore, physicians need to focus carefully on overhead. Cutting costs, however, is no easy task. Rarely does our firm find practices with staff taking leisurely breaks or standing around with nothing to do. Most practices… Read More »

Employment Practices Liability Insurance

Employment Practices Liability Insurance, known as EPLI, provides coverage to employers against claims made by employees alleging discrimination (e.g., on sex, race, age or disability), wrongful termination, harassment and other employment-related issues. Workers’ compensation, issues involving unemployment insurance and ERISA are excluded. EPLI is not meant to replace sound employment practices. In fact, most insurers will… Read More »

What Can Doctors Learn From A Grocery Store?

While there are obvious differences between a vein practice and a grocery store, with a grocery store selling products to consumers and a medical practice providing healthcare services to a patient, they both need to attract continued interest to generate revenue and inspire loyalty in order to grow. Grocery stores operate on a larger scale… Read More »

Practice Strategies for 2018 and Beyond

Practice Strategies for 2018 and Beyond Sale  •  Merger  • Expansion  • Acquire Competitors The market for buying or selling vein and vascular practices is extremely active right now. But that doesn’t mean every deal is a good one, and formulas for successful sales or purchases are not “one size fits all.” It’s critical to… Read More »

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