Introducing the 2nd Edition of the Essential Guide to Medical Practice Management

Greenbranch Publishing Releases "Think Business! Medical Practice Quality, Efficiency, Profits, 2nd Edition" by Owen J. Dahl, MBA, FACHE, CHBC, Available in Print or eBook

News provided by

Greenbranch Publishing

Oct 20, 2016, 08:30 ET

PHOENIX, Md., Oct. 20, 2016 /PRNewswire/ -- Greenbranch Publishing announces the newest edition of best-seller, "Think Business! Medical Practice Quality, Efficiency, Profits, 2^nd Edition," now available in print or eBook.

Photo - http://photos.prnewswire.com/prnh/20161019/430678
Photo - http://photos.prnewswire.com/prnh/20161019/430679

Filled with winning techniques in this updated 2^nd Edition, nationally recognized expert Owen Dahl has designed a book for the busy professional as a "mini-MBA."

Packed with plenty of take-home value, count on Owen Dahl to provide the language, the players, and the management techniques to ensure success in any healthcare practice.

Readers will learn:
--Financial fundamentals – how to keep tabs on the practice
--Employees as assets: Recruit and retain --How to differentiate the practice from the competition
--Setting the stage for pay-for-performance and quality of care
--Motivate employees; it's not only about money!

New for this Edition:
-Where to look first to control costs? This book provides the first 3 places to look
-MACRA, MIPS, PQRS, VBPM – Alphabet Soup
-Volume to Value-based reimbursement
-How much does it cost a practice to see a patient?
(cost of new patient vs. established patient, one office vs. another office, one provider vs. another provider...)
-Step-by-step guide to revenue cycle -What is the expected profit margin on certain patient services?
-Basics of a strong compliance policy
-Risk Management: choose the MedMal policy right for the practice
-Quadrant matrix regarding adding ancillaries
-Tips on benchmarking the practice

BONUS: Case studies on pay-for-performance, risk management, ACA impact.

"This book is the inside scoop on the must-have information you need to evaluate the finances of the practice," Owen Dahl explains. "Improve your bottom line, comply with pay-for-performance and increase the patient satisfaction in your practice."

Table of Contents

Are you a Business?
Why the medical practice is a business.
Planning
How to put together a strategic plan, and vision statements.
Quality of Care
Measurement and quality of care including process, and patient outcomes.
Human Resources
Employees as assets, managing multi-generational teams.
Process, Systems and Efficiency
"Lean" thinking, Six-Sigma, how to benchmark the practice, how to measure and analyze.
Marketing
The marketing plan, impact of online reputation for physicians, the patient in the decision-making process.
Financial Management
How much does it cost to see a patient? The bottom line. Statements and reporting, sources of funding.
Compliance and Risk Management
A solid compliance plan, evidence-based incident report, malpractice insurance strategies, accreditation.
Knowledge Management and Decision Systems
Knowledge workers = staff members. Each employee must add value to the process.
Change Management
The Why and What of Change. Tips for change manager or leader.
Case Studies
Bonus! Creative problem-solving that ties together the ideas in the book.
The Future of Your Business
Avoiding the 5 Deadly Sins.