Know the Numbers Behind Your Medical Practice
All MHM clients are very dedicated individuals. Having spent approximately 15 years of training and to become a consultant surgeon, they then go on to work incredibly long hours. They do so because...
How Long Should I Spend With The Patient?
An interesting question asked by a consultant starting her own private practice. And a question I couldn't really answer. What I could do was interrogate, based on a month's worth of outpatient...
Medical Coding – NO excuses for being unaware
I've been asked to revisit why coding is such a big part of medical invoicing. It is integral because without the correct code the chances of getting paid decrease. It is unlikely if you wish to...
What marketing niche are you in?
I had a really illuminating conversation with a guy who called me recently. He ran a marketing business and was a specialist in using Twitter. Basically, the guy told me he'd been looking at my...
If you don’t know then ask
During a conversation with a friend of mine recently, I pointed out that our clients had some things in common. For one thing, they are consultant surgeons. And that means they are all supremely...
Poor Cash Flow Is His Own Fault.
I was asked to speak with a colleague of a current MHM client recently. He was having problems with outstanding invoices both from insurance companies and from self-funding patients. He, in turn,...
Insurance Companies Make Mistakes Too!
I argue with medical insurance companies all the time. Let me, however, be very specific about when and why I argue with them. I argue with them when I think they are wrong or when I think they...
Reviewing a Private Medical Practice – now what??
Having analyzed where the private practice is both in terms of outstanding accounts, it is important to have a structured and rational action plan. Why do it this way though? On numerous occasions,...
Step One in Reviewing How Your Practice is Performing
Recently, we established how to find precisely where your private practice is as regards debtors. Now we need to look at the invoicing process. But Do NOT react to a high level of outstanding...
Inpatient care can be charged for
I took part in an on-line medical conference recently and one of the speakers - a well-established consultant surgeon and an incredibly safe pair of hands - stated during his presentation...
Slow Down – You’ll get there faster!
It was an environment where chaos reigned. There was a serious amount of money outstanding but it didn't take long to work out why. The problem was the practice principal for he insisted everything...
Do your homework? How many consultants are already there?
I left school more years ago than I care to remember. Then as now I make sure I do my homework though. The only difference is now I do it for private medical consultants some of whom are thinking...