BC Advantage - 2005 Issue 10

Managing the financial aspects of your practice is a challenge!

'Medical Practice Monitor' Shows Physicians Want Financial Management Skills; Believe Accepting Credit Cards from Patients for Payment Can HelpNEW YORK, Physicians in private practice say managing the financial aspects of their practice is a challenge that will heighten over the next few years (76%), according to the second annual Medical Practice Monitor by OPEN from American Express(SM), the Company's small business team.Regardless of their specialty, survey respondents say that they find managing the dual role of practicing medicine and running their business -- or practice management -- to be challenging (83%), and that further training in financial management...

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