Creating An Annual Management Work Plan (GM01)

The operations of a medical practice can, at times, seem overwhelming. This course, a part of the Governance & Management group of seminars, will assist physician / owners and their managers better organize their work by breaking key tasks down on a month-by-month basis in an effort to better deal with critical tactical and strategic planning efforts needed in every medical office.  A sample annual work plan is created as a part of this course that can be used as is or modified to meet specific needs of the practice. Beyond the need to deal with specific tasks, the course demonstrates the need to gain solid support from the practice owners and engage the staff to actively participate in all aspects of this team effort.  This course is ideal for physician / owners, managers and supervisors in private medical practices.

Effective Governance & Management of Your Practice (GM02)

The day-to-day operation of a medical practice is becoming increasingly complex and the dynamics between the physician / owners, staff physicians, managers, supervisors, clinical staff and office staff provides ample opportunities for   miscommunications and the development of dysfunctional operations.  This course will deal with proscribed and defined techniques to help overcome many of the problem areas that creep into a medical practices operations.  Clear communication channels, organizational structure, division of labor and other leadership and management techniques will be   discussed in this unique course.  This course is ideal for physicians, managers and supervisors of medical offices.

Long-Term Strategic Planning (GM03)   -  This program will be released shortly.

Physician Compensation (GM04)

Many group practices struggle with just how to divide revenues and expenses in the group. There is no one right way to divide these; it depends on the unique needs of the group and marketplace. Compensation formulas reflect practice values for fairness, productivity and collegiality. Values change over time to reflect changes in the physicians and the patients being served. Participants will learn how to develop different formulas and what can be achieved with each. This program is designed for physicians and office managers.

Negotiating Better Managed Care Contracts (GM05)

Today most practice revenues are derived from contracted care. Contracts are written by the payers and designed to serve the needs of payers, not physicians. Participants will learn how to review key elements of managed care contracts including reimbursement, authorizations, term and termination. Learn what is negotiable and what is non-negotiable in a contract. Find out how to negotiate with someone who says they won't negotiate. Learn how to review a contract and spot the pitfalls. This program is designed for managers and physicians.

Practice Valuations ... What's Your Practice Worth? (GM06)

There are a few critical times in the life of any medical practice when it is vital to know the market value of your practice as a going business concern.  These valuations are vital when bringing in new partners, discussing the acquisition or merger with another practice, preparing for retirement … or in the unfortunate instance of divorce.  In general it is quite difficult to measure the true value of a “service business,” including the practice of medicine. This course is ideal for physicians, surgeons and their financial advisors to get a full and better understanding of the complex elements going into the valuation of a medical practice.  You’ll learn when and how to proceed with formal valuations and what it takes to maximize the value of your practice.