Managing a medical practice is an experience that can’t be meaningfully compared to anything else. Daily operations often border on chaotic: Effective deployment of people, space and supplies is essential to success, but it can also be overwhelming. Most importantly, your patients’ lives depend on your effectiveness.
This daily grind, however, is often just that – a daily grind. You can produce a fruitful and productive day, but are you also creating an effective practice and a path to a successful future? If you’re not sure how to answer that question, it might be time to step back and determine a solid framework for your practice, your goals and your future.
The following tips can help you move from uncertainty into opportunity:
Creating a growth-minded culture that celebrates communication, opportunities, and individuals can lead to a practice where people want to work and where patients clamor to visit.
Elizabeth Woodcock is the founder and principal of Woodcock & Associates. She has focused on medical group operations and revenue cycle management for more than 20 years and has led educational sessions for the Medical Group Management Association, the American Congress of Obstetricians & Gynecologists, and the American Medical Association. She has authored and co-authored many books. She is frequently published and quoted in national publications including The Wall Street Journal, Family Practice Management, MGMA Connexion, and American Medical News. Elizabeth is a Fellow in the American College of Medical Practice Executives and a Certified Professional Coder. In addition to a Bachelor of Arts from Duke University, she completed a Master of Business Administration in healthcare management from The Wharton School of Business of the University of Pennsylvania.