Five traits of an efficient business practice in a clinical office

Managing a practice in a swiftly changing reimbursement and regulatory environment is not for the faint of heart. However, evaluating foundational tenets of successful practices can assist any manager through uncertain times. In a 2015 Medical Group Management Association (MGMA) study called, “Defining Value – Practical Applications For ‘Medical Practice Today: What members have to say,’” found that dealing with rising operational costs was the number two concern of practice managers, behind preparing for value-based payment programs. The survey report highlights comments from Sara Brown, MGMA Government Affairs representative, where she notes that, “even when a group meets the regulations

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