Practice Management Advice

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Viewpoint: 7 Tips for Getting the Data You Need From Your Old EHR

OCT 25, 2021 By Jessica Peterson, MD, MPH in Medical Records, Viewpoint, Managing Your Practice, EHRs

Transitioning to a new electronic health record (EHR) system can be difficult, not least because it’s often hard to get your data from the EHR you’re leaving. Often, they charge high fees or state that they can only give you your data in PDF form, if at all. Jessica Peterson…

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Views 74

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

OCT 18, 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 754

Choosing the Right Financial Adviser for You, Your Family and Your Practice

SEP 27, 2021 By Bob Peelman, CFP^® in Managing Your Practice, Financial Management, Practice Operations

Selecting a financial adviser can be one of the most important decisions a physician will make. Before choosing an adviser, it is important to ask the question: Is an investment adviser worth the fees you pay for their services? Although there are no easy answers for everyon…

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Views 32

Viewpoint: 5 Tips to Maximize Your Practice Revenue

SEP 23, 2021 By Lindsay N Stratton, MHA, OCS in Practice Operations, Financial Management, Viewpoint, Managing Your Practice

Small steps can add up over time to make a big impact. Check out these five relatively easy steps you can take to boost your bottom line.

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Views 285

4 Ways to Leverage Ultra-Low Interest Rates in Wealth Planning

SEP 15, 2021 By Jason M. O'Dell, MS, CWM; David B. Mandell, JD, MBA in Managing Your Practice, Financial Management

One of the bright spots in today’s economy is the fact that interest rates are at all-time lows, and government officials indicate that this policy will continue for the immediate future. David B. Mandell, JD, MBA, and Jason M. O’Dell, MS, CWM, of the wealth management firm…

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Views 75

Billing: It’s Everyone’s Responsibility

SEP 10, 2021 By Lindsay N Stratton, MHA, OCS in Billing, Managing Your Practice

It’s an easy mistake to think that medical billing is only the responsibility of the person (or people) in the billing department, as they send out insurance claims and make sure they get paid. But the most successful practices realize that everybody in the office plays an i…

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Views 215

FAQ: Guidance on Provider Relief Fund Reporting

AUG 30, 2021 By Ashley R. Geary and Nick R. Masino, Wade, Goldstein, Landau & Abruzzo, P.C. in Managing Your Practice, Coronavirus, Financial Management

Attorneys from Wade, Goldstein, Landau & Abruzzo, P.C. answer participant questions relating to reporting how you spent Provider Relief Funds on the Department of Health and Human Services portal.

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Views 1037

Viewpoint: 4 Tips for Building a Smart Schedule

AUG 25, 2021 By Rahul Bhola, MD, MBA in Managing Your Practice, Practice Operations, Patient Satisfaction, Staff Management, Practice Ownership, Lean Management, EHRs, Viewpoint

Balancing patient satisfaction with clinical efficiency is vital for a thriving practice. A robust schedule allows optimal time allocation to key practice operations thereby improving the patient experience and reducing team burnout. Rahul Bhola, MD, MBA, Section Chair Ophth…

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Views 630

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 396

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 12042

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 141

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 83

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 67

Call for AAOE Board of Directors Applications

JUN 07, 2021

Call for applications for AAOE Board of Directors.

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Views 232

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 716

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 159

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 5426

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 20031

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.

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Views 136

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.

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Views 102

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