Summer | 2018
(714) 505-9000 | 17501 East 17501 17th Street, Suite 100 | Tustin, CA 92780
The pros and cons of offering ancillary services
Before deciding whether to offer ancillary services such as anesthesia or diagnostic testing, physicians need to answer two questions: First, will the services improve patient care? Second, are the physicians interested in, and willing to manage, the implementation of those services? This article suggests some factors for physicians to consider, including upfront costs, service support costs and regulatory issues. A sidebar lists several ancillary services a practice could offer, depending on its specialties and needs. 

Navigating a shifting landscape — Solutions to top practice management challenges
New challenges for medical practices crop up whenever Medicare and Medicaid policy, or the economy, changes. Still, a handful of problems typically rise to the top. This article provides some ideas for solving these problems before they become overwhelming, including how to handle administrative burdens and recruit and retain skilled staff. Savvy doctors who recognize they are business owners as well as physicians will ensure the practice runs smoothly and profitably while continuing to offer high-quality patient care.

5 commonsense strategies for preventing physician discord

When physicians in the same practice disagree about how to handle job responsibilities, administrative issues or other matters, they can sow discord that can make the problems even worse. This article notes that it’s important to foresee this possibility and have strategies in place for resolving issues before the practice becomes completely dysfunctional. Emphasizing leadership, treating everyone equally and reviewing the payment system are among the actions to take that will increase everyone’s job satisfaction over the long term.

Do you want a dynamic practice? — Choose and use the right key performance indicators

Within a medical practice, it’s possible — though not necessarily desirable — to measure anything and everything, ranging from the number of patients per day to the amount of time spent on phone calls. This article explains that physicians need to track key performance indicators over time in order to generate action plans that will lead to both profits and patient satisfaction.

Firm News:
Nicolas K. Waldenmayer & Donald W. Watson Promoted to Partner
Tustin, CA, 2018 - HMWC CPAs & Business Advisors is pleased to announce that Nicolas K. Waldenmeyer and Donald W. Watson have been promoted to partner at the firm.

Nicolas Waldenmayer - READ MORE
Donald W. Watson - READ MORE
Empowering Yourself in Office Lease Negotiations
Speaker: Brian Mills, Carr Healthcare Realty

Date: September 13, 2018

Time: 12:00 pm-2:00 pm

Location: HMWC CPAs & Business Advisors
17501 East 17th Street, Ste 100
Tustin, CA 92780

Join us for this important meeting on understanding the office lease process and your role in maximizing your position. With specific emphasis on lease renewals, learn how not to just accept what is offered, but understand how to leverage your position.

Brian Mills from Carr Healthcare Realty will facilitate this discussion. Carr is the nation’s leading provider of commercial real estate service for healthcare tenants and buyers.

You might want to consider bringing your practice’s managing physician to this important session.

Seating is limited
HMWC CPAs & Business Advisors | (714) 505-9000 | (714) 505-9200 F |