2023 Medical News Brief

In the face of constant reimbursement headwinds, efficient and effective fiscal policies are vital to prevent revenue leakage in your medical practice. Here are five keys to tightening up your business practices.

In a volatile economic environment where every dollar counts, your medical practice’s leadership needs to know the distinction between traditional tax deductions and depreciation-related tax breaks.

Although technology is giving physicians, medical staffs and patients much easier access to critical information, it’s also opened the door for fraudsters and hackers to steal or corrupt this data. That’s why it’s important to continue to follow the latest protocols for handling protected health information.

Sooner or later, a growing medical practice will need to take on another associate or partner to support that growth and keep the practice profitable long term. The risk, of course, is that you pick the wrong person and end up throwing a wrench into the works. Here are some ways to help ensure you select wisely.