Articles
The Practice Transition (Part II): Navigating the Exit - Sale or Succession?
Author: Matt Basham, Associate Management Consultant
Discover how to plan your medical practice exit with purpose and confidence. This blog breaks down the two main paths — selling to an outside organization or transferring ownership to internal physicians — and compares their financial, cultural, and strategic impacts. With real examples and practical steps for operational, legal, and leadership readiness, it’s essential for any owner thinking about the future.
The 2026 Private Practice Playbook: How Independent Groups Are Surviving Margin Compression
Author: Trevor McElhaney, JD, Director of Consulting
Facing shrinking reimbursements and rising costs, independent practices need more than volume to stay alive — and that’s exactly what this blog delivers. The post outlines a “2026 playbook” full of actionable strategies: lean but smart cost-control, ancillary-service expansion, smarter staffing & compensation models, data-driven decision-making, better patient access workflows, and diversified revenue streams — all aimed at keeping physician-owned practices profitable and sustainable when margins are tight.
Accounting as a Strong Foundation for your Medical Practice
Author: Andrew Ashton, Director of Accounting
Summary: Lay the groundwork for a stable, thriving medical practice with this guide. The blog explains why solid accounting, from monthly bank and credit‑card reconciliations to meticulous transaction categorization, is your practice’s financial “foundation.” With accurate records and smart bookkeeping, you’ll get reliable reports, stay compliant with taxes and regulations, and gain confidence when making growth or staffing decisions.
Healthcare Compliance Training in 2025: New Standards and Effective Programs
Author: Gene Good, JD, CEO
Dive into how healthcare compliance training is evolving in 2025 to meet smarter regulations and real-world needs. This post explores tech-driven, role-specific learning, proactive enforcement strategies, and measurable competencies, while showing how your organization can scale, personalize, and prove the ROI of compliance education.
Building a Bulletproof Chart Audit Program: Frameworks and Tools for 2025
Author: Gene Good, JD, CEO
Get a behind-the-scenes look at building a modern, risk-focused medical chart audit program. This blog offers a strategic framework for auditor roles, sampling methods, and key audit types, plus guidance on tech tools, reporting standards, and measuring ROI. It’s a must-read for practices that want to turn auditing into continuous improvement, not just compliance.
Optimizing Front Desk Management in Medical Practices
Author: Matt Kolinski, DO, Associate Management Consultant
Discover how to transform your front desk into a powerhouse of efficiency and patient satisfaction. This blog outlines strategies—from clear job roles and smart hiring to KPI tracking, written SOPs, and weekly team huddles. With better communication between your office manager and front-desk staff, you’ll build consistency, accountability, and a smoother patient experience.
Beyond Profitability: A Practical Framework for Assessing the Financial Health of Your Medical Practice
Author: Trevor McElhaney, JD, Director of Consulting
Discover how to evaluate the true financial health of your medical practice extending beyond profit margins. In this article, the team at Doctors Management introduces a practical “Four Pillars” framework: Revenue Strength, Cost Efficiency, Cash-Flow Sustainability, and Value Creation, designed to help physician-owners benchmark performance, anticipate risks, and plan for long-term success.
How Healthcare Consultants Help Physician Owned Practices Save Time and Money
Author: Doug Graham, Senior Management Consultant
Thinking about whether a healthcare consultant could benefit your physician-owned practice? This blog walks you through how consultants help minimize regulatory risk, streamline workflows, improve billing and collections, and boost long-term strategy. It’s a smart resource for practices looking to reduce admin burden, improve efficiency, and increase profits.
Is Your Employee Handbook Up To Date and Compliant?
Author: Tom White
Is your medical practice’s employee handbook up to date with the latest federal and state laws? This post explains why periodic updates aren’t optional; they’re essential to staying compliant, protecting your business, and maintaining consistency across your team. It also outlines which policies you must include (like Equal Employment Opportunity, ADA, FMLA depending on size), and when updates aren’t just smart, but required
How to Conduct a Medical Coding Audit: A Step by Step Guide for Compliance and Accuracy
Author: Gene Good, JD, CEO
Is your practice’s coding accurate and audit-ready? This post walks you through a step-by-step guide to conducting your own medical coding audit; from planning and sampling to analyzing errors, estimating financial impact, and creating corrective action plans. It’s ideal whether you’re new to compliance or want to level up your existing audit process.
How to Add (and What to Add) to Your Practice for Ancillary Revenue Opportunities
Author: Trevor McElhaney, JD, Director of Consulting
Looking to boost your practice’s revenue and patient satisfaction? This blog explores how adding ancillary services (such as labs, imaging, therapy, or chronic-care programs) can diversify income while enhancing care. It covers compliance considerations, financial modeling, and selecting services that align with your patient base and long-term goals, helping you make informed, impactful decisions.
5 Common Revenue Cycle Management Mistakes That Hurt Your Bottom Line
Author: Trevor McElhaney, JD, Director of Consulting
Is your practice bleeding money from billing and collections missteps? This blog exposes five common revenue cycle management flaws (like skipping eligibility checks, mishandling denials, and weak patient collections) that quietly erode your cash flow. By spotlighting the KPIs you might be ignoring and the processes you’re not optimizing, it offers tactical fixes that can make a real impact on your bottom line.
How to Achieve 0% Overhead in Your Medical Practice: A Proven Five-Step Strategy
Author: Trevor McElhaney, JD, Director of Consulting
Achieving zero overhead in your medical practice is possible with a strategic approach. This blog outlines a five-step strategy to eliminate overhead costs, including identifying fixed expenses, integrating high-margin ancillary services, optimizing operations, cutting waste, and scaling intelligently. By implementing these steps, you can create a self-sustaining revenue system that maximizes income and allows you to focus on patient care.
The Complete Guide to Starting a Medical Practice in 2025: Step-by-Step for Physicians
Author: Trevor McElhaney, JD, Director of Consulting
Starting a medical practice in 2025 requires more than clinical expertise, it demands strategic planning and compliance. Doctors Management’s guide provides a step-by-step roadmap covering credentialing, payer enrollment, HR, compliance, accounting, operations, and marketing. Whether launching a private practice, concierge service, or telehealth clinic, this resource offers essential insights to navigate today’s complex healthcare landscape.
Starting Your Practice: Coding & Compliance Billing
Author: Shannon DeConda, Partner, Founder and President of NAMAS
Starting a medical practice requires more than clinical skills, it demands proper coding, billing, and compliance to protect revenue and stay legal. This blog from Doctors Management guides physicians step-by-step on creating a clear service menu, ensuring accurate billing, deciding whether to outsource or manage in-house, and maintaining a compliance plan, helping practices build a strong, financially secure foundation.
The Cost to Start a Medical Practice: What You Need to Know
Author: Jordan Brinkman, JD, Senior Management Consultant
Considering starting your own medical practice? This guide breaks down the real costs: from leasing or renovating space to equipment, insurance, IT, EHR software, credentialing, and staffing. Learn how to create a practical startup budget, understand the difference between a lean launch and a full-scale setup, and get the insights you need to plan, finance, and launch successfully.
Why a Feasibility Study is Essential for a Medical Practice Startup
Author: Jordan Brinkman, JD, Senior Management Consultant
Launching a medical practice without a feasibility study is like setting sail without a map. This blog explains why a comprehensive feasibility study is essential for assessing market demand, understanding financial viability, and identifying potential risks before opening your doors. It outlines how this critical step can guide strategic planning and ensure long-term success.
Is it Time to Start Your Own Clinic?
Author: Doug Graham, Senior Management Consultant
Considering starting your own medical clinic? This blog from Doctors Management helps you evaluate your readiness by highlighting six key traits for success: visionary, passionate, problem solver, driven, risk taker, and responsible. It also stresses the importance of a systematic approach, including feasibility studies and financial projections, to build a strong foundation and make informed decisions.
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