Practice Management Advice

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Submit an Abstract to Present an Instruction Course for the AAOE Program at the Academy Annual Meeting

AUG 04, 2021 in AAOE Program Highlights

Submission for one-hour instruction course abstracts opens annually the second Thursday in December and closes the second Tuesday in January.

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Views 672

Viewpoint: 5 Front Office Qualities That Improve Practice Operations and Patient Experience

JUL 14, 2021 By Lindsay N Stratton, MHA, OCS in Practice Operations, Viewpoint, Patient Satisfaction, Practice Ownership, Managing Your Practice, Staff Management

Successful businesses recruit team members much like sports teams do — by finding talent well-suited for a particular role. Your front office staff can be one of your greatest assets when it comes to improving practice operations and the patient experience. Watch out for the…

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Views 255

Provider Relief Fund: Physicians and COVID-19 Grants

JUL 01, 2021 in Coronavirus

The quick disbursal of $30 billion in relief funds from the Department of Health and Human Services will aid providers in areas heavily impacted by the COVID-19 pandemic and those who are struggling to keep their doors open due to healthy patients delaying care and practices…

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Views 11140

Protecting a Physician’s Most Valuable Asset: Insurance Basics for Ophthalmologists

JUN 21, 2021 By Jason M. O’Dell, MS, CWM in Strategic Planning, Practice Ownership, Managing Your Practice, Practice Operations, Risk Management, Financial Management

Given the substantial investment made to become a practicing ophthalmologist, it is not surprising that the most significant asset that most doctors have is the value of their future incomes. Disability and life insurance are fundamental tools utilized by doctors to protect…

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Views 93

What a Pandemic Teaches Ophthalmic Practice Leaders and Administrators (Part 3 of 3)

JUN 18, 2021 By Gary S Schwartz MD, Daniel Zismer, PHD in Practice Operations, Managing Your Practice, Financial Management, Coronavirus, Practice Ownership

In part 3 of this three-part series, Gary S. Schwartz, MD, MHA and Daniel K. Zismer, PhD, outline six business model design factors that matter most for safeguarding the practice against dramatic economic challenges encountered in the global pandemic.

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Views 73

What a Pandemic Teaches Ophthalmic Practice Leaders and Administrators (Part 2 of 3)

JUN 07, 2021 By Gary S Schwartz MD, Daniel Zismer, PHD in Practice Operations, Practice Ownership, Managing Your Practice, Financial Management, Coronavirus

In Part 2 of this three-part series, Gary S. Schwartz, MD, MHA and Daniel K. Zismer, PhD, discuss the importance of leadership culture and business risk assessment to better position your practice for success in times of economic crisis.

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Views 63

Call for AAOE Board of Directors Applications

JUN 07, 2021

Call for applications for AAOE Board of Directors.

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Views 229

New Mask-Wearing Guidance for Health Care Settings

MAY 18, 2021 in Practice Operations, Coronavirus

Vaccinated people no longer need to wear masks or eye protection or follow social-distancing guidelines that they be 6 feet away from others who are vaccinated, according to new guidelines from the Centers for Disease Control and Prevention.

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Views 692

What a Pandemic Teaches Ophthalmic Practice Leaders and Administrators (Part 1 of 3)

MAY 12, 2021 By Gary S Schwartz MD, Daniel Zismer, PHD in Managing Your Practice, Practice Ownership, Practice Operations, Coronavirus, Financial Management

In Part 1 of this three-part series, Gary S. Schwartz, MD, MHA and Daniel K. Zismer, PhD, outline three business strategies that ophthalmic practices should consider as a safeguard against future pandemics or major shocks to the economy.

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Views 154

CMS Offers Accelerated Payments for Healthcare Providers

MAY 12, 2021 in Billing, Regulatory

CMS announced March 28 that it will accelerate advanced Medicare payments available to physicians and other healthcare providers due to the effects of the COVID-19 pandemic.

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Views 5388

Paycheck Protection Program for COVID-19

MAY 12, 2021 in Financial Management, Coronavirus, Practice Operations

Congress passed a new COVID-19 relief package that reopened and expanded the Paycheck Protection Program (PPP) originally launched to help struggling small businesses weather the pandemic.

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Views 19701

The Rise, Fall … and Rise of Private Equity and Corporatization

MAY 07, 2021 in Practice Ownership, Practice Operations, Buying, Selling, Merging Practices

We review trends in the structure of eye care delivery, including private equity and alternatives to private equity.

Comments 0
Views 110

Closing Your Private Equity Transaction Without Thinking Through Your Real Estate (Part 4 of 5)

APR 30, 2021 By Collin Hart in Practice Operations, Practice Ownership, Buying, Selling, Merging Practices

In Part 4 of a five-part series, Collin Hart, MBA, CEO and managing director of ERE Healthcare Real Estate Advisors, highlights two less than ideal scenarios where practices sold to private equity, but failed to think through the implications on their practice real estate.

Comments 0
Views 96

Office Equipment: Should You Buy or Lease?

APR 29, 2021 By Bob Padula in Practice Operations, Managing Your Practice, Practice Ownership, Financial Management

Bob Padula offers tips for serious consideration before you choose to either buy or lease practice equipment.

Comments 0
Views 73

The Resilient Practice: Positioning the Practice for Success Post-COVID-19

APR 26, 2021 in Strategic Planning, Lean Management, Practice Operations, Staff Management, Coronavirus

Resources to help practice leaders develop effective leadership skills and provide guidance on the most crucial recovery strategies.

Comments 0
Views 2067

It’s Your Money: 5 More Ways to Ensure You Get All of It All the Time (Part 2 of 2)

APR 15, 2021 By Farida Chowdhury in Managing Your Practice, Practice Operations, Financial Management, Practice Ownership, Billing

In part two of a two-part series, AAOE member Farida Chowdhury, OCSR, the CEO of Medical Billing Strategies, provides more essential tips for improving your practice’s bottom line.

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Views 187

It’s Your Money: 5 Ways to Ensure You Get All of It All the Time (Part 1 of 2)

APR 06, 2021 By Farida Chowdhury in Managing Your Practice, Billing, Practice Ownership, Financial Management, Practice Operations

In part one of a two-part series, AAOE member Farida Chowdhury, OCSR, the CEO of Medical Billing Strategies, provides essential tips for improving your practice’s bottom line.

Comments 0
Views 270

Viewpoint: 5 Tips for New Ophthalmologists — Practical Advice From an Expert Practice Administrator

APR 06, 2021 By Heather Modjesky, COE in Viewpoint, Professional Growth, Managing Your Practice

Heather Modjesky, COE, chief administrative officer at Conestoga Eye in Lancaster, Pa., outlines her top tips for new physicians coming into the practice.

Comments 0
Views 310

Success Factors in Selling an Ophthalmology Practice

MAR 19, 2021 By David J. Mandell, JD, MBA in Financial Management, Strategic Planning, Managing Your Practice, Practice Ownership, Buying, Selling, Merging Practices

You may be considering the option to either sell or merge into larger practices. David Mandell offers four success factors to consider before making such a move.

Comments 0
Views 267

Equipment Corner: Why Caring for Your Equipment is a Winning Investment Strategy (Part 2 of 2)

FEB 17, 2021 By Jim Hamlett in Managing Your Practice, Practice Ownership, Practice Operations, Financial Management

The care and maintenance of your equipment cannot be overstated. By diligently keeping up your equipment, you can not only maintain the value of the equipment but also save the hard-earned dollars invested by your practice.

Comments 0
Views 188

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