BC Advantage - 2011 Issue 5

Practice Management: Diversity Helps Embrace the Changing Healthcare Environment

Physician groups face formidable challenges in the current healthcare environment. Growing regulatory complexity, continued reimbursement cuts and intensifying competition can undermine and destabilize even the strongest practice. Given the prospect of healthcare reform and the likelihood that additional, as-yet-unforeseen obstacles will emerge, it is essential that the practice manager -- the lynchpin of any group -- be equipped with the full range of knowledge and skills required to negotiate the often-treacherous and fast-changing healthcare landscape.Understanding the nature and importance of practice management duties can help groups determine whether their practice is equipped to meet contingencies in the present...

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