- Improving such business office functions as billing, collection, coding and patient registration.
- Integrating financial and clinical information into an electronic medical record that's available across operating units and upgrading medical documentation through hand-held dictation devices.
- Introducing productivity-based pay, monitoring utilization, and facilitating partner vacations and continuing-education rules.
- Creating care and disease management procedures and measuring outcomes against national and regional benchmarks.
- Deciding whether to accept discounts on fee-for-service or restructure to accept capitation or global capitation contracts.
- Networking with hospitals and other providers to form integrated delivery systems or provider-sponsored organizations.
- Assessing the sale of the practice to a hospital or physician practice management company vs. merging with a larger group.
- Expanding geographic access to patients with additional clinic locations, diagnostic technology and alternative therapies.
- Developing leadership and communication skills for physician executives and educating physicians to use the Internet.
- Competing for quality support staff.
Top 10 challenges facing medical groups in 1998
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