For many physicians, overhead costs feel like an unavoidable drain on earnings. But what if you could structure your practice so that 100% of your personal billings go directly into your pocket? It’s possible—if you build a self-sustaining revenue system that fully covers your operational costs. This five-step blueprint outlines how to achieve a zero-overhead practice by identifying fixed costs, integrating high-margin ancillary services, optimizing operations, cutting waste, and scaling intelligently. The result? A profitable, streamlined practice that lets you focus on patient care while maximizing income. Trevor McElhaney, JD
DoctorsManagement, LLC
商务咨询服务
Knoxville,Tennessee 1,856 位关注者
Simplifying the Business of Medicine
关于我们
DoctorsManagement is a full-service medical practice consulting firm comprised of dedicated experts to support your practice goals. We help large and small healthcare organizations reduce compliance risks, increase practice profits, improve patient satisfaction and employee morale as well as reduce stress for physicians and staff. ? The firm has more than 50 years of proven success and employs nationally recognized industry experts in every area of medical practice management, including compliance, coding, auditing, financial services, patient satisfaction and retention, human resources and more.
- 网站
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https://www.doctorsmanagement.com/
DoctorsManagement, LLC的外部链接
- 所属行业
- 商务咨询服务
- 规模
- 51-200 人
- 总部
- Knoxville,Tennessee
- 类型
- 私人持股
- 创立
- 1956
- 领域
- Medical Practice Management & Consulting、Healthcare Compliance、Medical Billing Service、Medical Coding and Auditing、Medical Revenue Cycle Management和Medical Practice Valuation
地点
DoctorsManagement, LLC员工
动态
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Radiology departments play a critical role in patient care but also present unique workplace hazards requiring special attention. From radiation exposure to ergonomic risks and chemical handling, radiology professionals face multiple safety challenges every day. That’s why OSHA compliance and proactive safety measures are essential – not only to meet regulatory requirements but to foster a culture of safety that protects employees. The Occupational Safety and Health Administration (OSHA) requires employers to protect workers from exposure to ionizing radiation sources that are not regulated by the Nuclear Regulatory Commission (NRC) or other federal agencies. States also regulate occupational exposure to ionizing radiation, and State Plans may have more stringent requirements when compared to federal requirements. Shanon Moore
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In my 13 years consulting with physician practices at DoctorsManagement, I’ve seen staffing challenges come up more times than I can count. Turnover isn’t just a nuisance, it’s an eye-opening hit to your profitability, patient care, and team morale. We’re at February 26, 2025, and summer patient volumes are closing in fast. If you’re short-staffed when that hits, good luck keeping things together. This post digs into what turnover really costs and lays out three fixes I’ve used with clients to stop the bleeding—practical stuff, not textbook fluff.
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Human resources (HR) departments play a vital role in organizations. From hiring qualified professionals and delivering quality training materials to contributing to a positive company culture, HR navigates and helps organizations overcome many issues. Healthcare HR teams face unique challenges as the hustle and bustle and the demanding work of the industry can create more obstacles for teams to overcome. With ever-evolving regulatory changes, staff shortages, and new emerging technologies, HR roles stretch across departments and have large-scale impacts. One vital element to consider is Return On Investment (ROI). HR ROI may look different in healthcare than in other industries. In order to support healthcare facilities, recognizing best practices and implementing strategies for boosting efficiency and reducing costs is crucial.
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It is no secret that 2024 was a rough year for many small businesses throughout America and medical practices were not excluded from the macro-economic challenges of inflation and economic uncertainty. When inflation rises quickly like it occurred in 2023 and 2024 it is hard to keep up and adjust quickly enough to offset the impact. According to AHA.org, inflation grew at 12.4% from 2021-2023 but Medicare reimbursement only adjusted by 5.2% during this same period. Based on my 14 years of business consulting and based on my own experience running businesses, here are 5 key steps to start the process of turning around your business to meet both short-term and long-term goals. If you are struggling to make payroll or if you are just looking to optimize profits, these steps will allow you to take a strategic step forward in turning around the trajectory of your business in 2025!
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Three successful ENT doctors and two practice leaders struggled year after year to understand why one of their specialty’s key ancillary services wasn’t gaining traction. Despite serving a Florida community where heavy pollen seasons triggered significant allergic reactions, they couldn’t pinpoint why their highly effective solution wasn’t reaching more patients. The answer turned out to be surprisingly simple—not an “Aha!” moment, but more of a “Well, duh.” In the ever-evolving healthcare landscape, independent medical practices must continuously seek innovative ways to enhance patient care, streamline operations, and improve financial performance. One of the most effective but often underutilized strategies involves empowering staff within ancillary services to identify and track key performance indicators (KPIs). For this group, they had a lot of measurables but not the right measurables to get traction with this ancillary.?By fostering a culture of data-driven decision-making, practices can significantly improve patient outcomes while also driving the profitability and efficiency of ancillary services.?It all starts with asking, “Are we measuring the right things? Are we measuring the things we want to see change right now?”. This article explores the transformative impact of these strategies through the lens of a privately owned otolaryngology (ENT) group in Florida that revamped its allergy department through structured KPI tracking. By examining their journey, independent practices can gain valuable insights into how internal staff, with the guidance of external consultants like DoctorsManagement, can use KPI tracking to drive meaningful improvements. Jesse Overbay
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Achieving and maintaining compliance supports financial stability, reputation, and quality of care. However, healthcare organizations and practices face complex, sometimes shifting regulatory environments.?This presents challenges in managing an effective compliance program. SMART healthcare compliance goals give these organizations a clear roadmap through the regulatory landscape. This guide covers the essentials of healthcare compliance planning and how to set goals for success. Shannon DeConda
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Running a medical practice is a dynamic and multifaceted challenge. At the heart of every successful practice lies an exceptional manager who not only oversees day-to-day operations but also drives growth, ensures compliance, and cultivates a positive workplace environment. In today’s healthcare landscape, the role of the practice manager is more demanding than ever. It requires a blend of leadership, analytical thinking, and interpersonal skills to navigate the complexities of patient care, staff management, and operational efficiency. This post delves into the 10 key traits that define high-performing medical practice managers. Whether you are an aspiring manager looking to develop your skills or a seasoned professional aiming to refine your approach, these traits will provide valuable insights to enhance your effectiveness.
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As we enter 2025, HIPAA compliance remains a critical concern for healthcare providers. New regulatory updates, technological advancements, and emerging security threats are reshaping the compliance landscape. Staying informed about these changes can help your practice maintain compliance, enhance patient trust and protect against potential data breaches. by Shanon Moore