30 Aug How to Manage the Financial Health of Your Practice
With the increased healthcare regulations and lingering impacts of the public health emergency, the business aspect of your pediatric practice has become more demanding than ever. In order for practices to thrive, you must focus on the financial health of your practice as much as you focus on the care you provide patients.
Check out a recording of a recent educational webinar presented by Dr. Sue Kressly, MD, FAAP and Alisa Vaughn, CMPE, where they discuss strategies for managing your practice’s financial health, including:
- Engaging providers in financial conversations
- Developing expertise in coding, billing, and payment oversight
- Reviewing key performance indicators monthly to ensure you’re meeting your financial goals
- Understanding the value of a budget and business plan