| Turning your practice around. | |
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MedLine Citation:
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PMID: 11778294 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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The techniques of managing a medical practice are no different from those required to manage any other business. Planning is the first step, and establishing a realistic budget is essential to creating a successful plan. Knowing your patients and the sources of your revenue are next. Understanding the weaknesses within your practice and developing courses of action to correct them is essential. This includes developing ways to increase revenue as well as control expenses. Once a plan has been developed a basis for monitoring that plan is required. We suggest tracking financial performance monthly. If these basic management techniques are put into place, the actions discussed above will become both easier and more effective. |
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Authors:
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J M Clapp |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: New Jersey medicine : the journal of the Medical Society of New Jersey Volume: 98 ISSN: 0885-842X ISO Abbreviation: N J Med Publication Date: 2001 Dec |
Date Detail:
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Created Date: 2002-01-07 Completed Date: 2002-01-30 Revised Date: 2004-11-17 |
Medline Journal Info:
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Nlm Unique ID: 8511653 Medline TA: N J Med Country: United States |
Other Details:
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Languages: eng Pagination: 21-6 Citation Subset: IM |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Accounts Payable and Receivable Budgets / methods Costs and Cost Analysis Efficiency, Organizational Financial Management / methods* Humans Managed Care Programs / economics Marketing of Health Services / methods New Jersey Physician Incentive Plans Practice Management, Medical / economics* Referral and Consultation |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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