Male hummingbirds, those cute little avian rockets, are absolutely vicious when protecting their turf from other males of their species. They’ll fight to the death. But for physicians, protecting your turf requires a more balanced approach. Especially when it comes to deciding what to protect. For example, some physicians believe that they will be able…
Tag: value
The Problem With Compensation Surveys – Why Assume That You’re Average?
Let’s assume for a moment that physician compensation surveys are statistically significant. What’s the problem with them? Well, I suppose they’re fine, that is, if you’re content with being average. OK, I can hear it now, some reader yelling that physician compensation surveys indicate more than just what’s average; they show the 70th, 80th and even…
RBRVS and “Units” Are Not a True Measure of Value
RBRVS and unit billing measure physician effort—not actual value. Focus on health outcomes, not just procedure counts.
Physician Success Requires More Than Focus on Patient Care
Discover key elements of a successful medical group strategy that goes beyond patient satisfaction metrics.
Karl Marx, M.D.
Explore how Marxism influences physician reimbursement based on labor value, rather than considering the value of patient outcomes.
Customer (Dis)Service
Your care may be excellent, but poor front-office service can drive patients away before they even walk through the door.
“Thrival” Tip No. 2 – Maximize the Value of Touchpoints With Patients
Every touchpoint a physician or medical group has with a patient is an opportunity to build the relationship — it’s also an opportunity to dramatically increase the chances, and speed, of patient collections.