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Financial Management

Financial management refers to the day-to-day operations as well as the long term direction of the medical office. There are various components of financial management from setting prices to controlling costs to accounts receivable management. A successful medical office depends on how well the organization understands the importance and purpose of financial management.
  1. Financial Policy (22)
  2. Medical Office Assessment (9)

5 Reports Your Office May Be Forgetting

6 Current Issues for Medical Office Managers
What are the most current issues for medical office managers? How can a medical office manager implement successful stategies?

8 Areas of AR Management
Improving the financial position of your medical office depends on how well you manage your accounts receivables.

The Importance of Professional Credentialing
Partnering with insurance carriers is a necessary process for any medical office. Physicians and other professionals must provide a list of verifications to insurance carriers, including Medicare and Medicaid, in order to be eligible for reimbursable expenses.

Preparing for Change
Change is the only constant in the health care industry. Is your medical office ready?

The 3 Main Elements of a Startup Business Plan
Organization, Marketing and Financial Elements are the three most important elements of a medical office startup business plan.

Healthcare Spending
In America, the spending over the last 15-20 years has increased at a much higher rate than reported in other countries.

Tips for Getting Your Aged Accounts Paid
Getting aged accounts paid can be done but there are still some time restrictions so time is of the essence.

6 Ways to Improve Your Medical Office

Three Basic Practices of Cash Management

What Should Your A/R Dashboard Look Like?
Accounts Receivable: What Should Your A/R Dashboard Look Like?

5 Ways ACA Will Increase Reimbursement
More people with insurance coverage means more insurance reimbursement for the medical office.

Billing, Collections, and Financial Assistance
What tasks must providers perform well in order to deliver high quality treatment to patients without regard for their ability to pay?

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