Practice Management Advice

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JUN 13, 2022 in Strategic Planning, Managing Your Practice, Practice Ownership, Practice Operations

Gather helpful tips on expanding to satellite locations from an interview with Brittney Wachter, CEO of Excel Eye Center Provo, Utah. Discover where to begin and valuable lessons learned before you start your transition.

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Views 31

How Green Is Your Grass?

JUN 13, 2022 in Practice Ownership, Practice Operations, Managing Your Practice, Staff Management

Ophthalmic administrators share tips on employment packages and areas where you can improve practice appeal. From learning what benefits matter to investing in long term leadership, see what other practices are evaluating as they vie for high caliber employees.

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Views 74

Viewpoint: 5 Surprising Ways Technology Improves Patient Experience

MAY 16, 2022 By Megan Odell, MHHR in Viewpoint, Practice Operations, Managing Your Practice, Patient Satisfaction, Practice Ownership, Marketing

Despite the negative stigma of technology in health care, there are ways that it can actually improve patient care. Here are five technology considerations for your ophthalmic practice that your patients will welcome.

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Views 128

Viewpoint: 4 Strategies to Differentiate and Grow Your Practice

MAY 10, 2022 By Jim Flynn in Managing Your Practice, Strategic Planning, Viewpoint, Marketing, Patient Satisfaction, Practice Ownership

Establishing yourself as an expert is one of the most successful marketing strategies for making your business stand out in a crowd. The most effective way that physicians can position their expertise to prospective patients, referring physicians and others is by developing…

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Views 119

Happy Patient, Happy Practice

MAY 05, 2022 in Patient Satisfaction, Practice Ownership, Practice Operations, Managing Your Practice

Nothing is as frustrating to patients who have received exceptional care in the office as receiving a bill for medical services they thought were covered. Whether it is a billing error or lack of benefit, here are five useful tips to avoid claim denials and keep patients hap…

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Views 210

Best of AAOE-Talk: Staffing Shortages

APR 05, 2022 in Lean Management, Practice Operations, Practice Ownership, Managing Your Practice, Best of E-Talk, Staff Management

Staffing shortages continue unabated in ophthalmic practices throughout the nation. AAOE members recently took to AAOE-Talk to share some tips and strategies for consideration.

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Views 150

Success Factors in Selling an Ophthalmology Practice

MAR 03, 2022 By David J. Mandell, JD, MBA in Financial Management, Viewpoint, 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.

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Views 573

Viewpoint: Discover Your Distinction — 3 Reasons to Put Practice Brand Strategy First

FEB 23, 2022 By Jim Flynn in Patient Satisfaction, Managing Your Practice, Practice Ownership, Marketing, Viewpoint, Strategic Planning

Your brand distinction will help you build a marketing and patient engagement process that will fill your patient pipeline and keep your doctors busy doing what they do best.

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Views 143

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 739

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 515

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 160

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 89

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 70

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 167

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 183

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 106

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 105

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 228

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 323

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.

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Views 202

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