If a medical practice is a business and for-profit, why is the business aspect of running a practice ignored in medical schools? I also want physicians who are business-savvy to stay independent while controlling the physician/patient relationship. There are some exceptions to the “business education” shortcomings. It was assumed by most medical teaching programs that when the physician started in the practice/business of medicine,
A recent rise in ransomware attacks shines a spotlight on the importance of cyber security for healthcare providers and their practices.
Microwize Technology, a privately held healthcare IT consulting firm in Paramus, NJ, cautions healthcare providers of all sizes not to take security lightly, especially now. The steady increase of news articles describing cyberattacks and ransom payments should concern any business.
Big retail companies like Walmart, Amazon, CVS, and Walgreens are investing more in telehealth. What can this mean for the future of the healthcare industry?
Did you ever stop to think that what happened in the food industry could happen in healthcare? There’s no question that the big boys are moving in,
After facing a long shutdown, many medical practices are finally getting back to work and are facing new challenges.
Physicians and medical staff are getting caught up on missed surgeries and preventive health appointments now that COVID-19 cases are dropping and vaccinations are becoming more available. For many of us, it may seem as though every healthcare worker is on the front lines fighting COVID-19;
According to a survey released by the American Medical Group Association (AMGA) on Dec. 22, in 2019 independent medical groups generated a profit, while health system-affiliated medical groups suffered a loss.
The press release the AMGA published states: “AMGA’S newly released 2020 Medical Group Operations and Finance survey reveals that although most groups saw improved financial performance in 2019,
Microwize Technology, a privately owned company from Paramus, New Jersey, announces a billing and scheduling service to aid practices, labs, and testing centers overrun by COVID testing.
Testing centers and medical practices across the United States are experiencing a heightened volume in both COVID-19 patients and COVID-19 testing. Between patients requesting testing and physicians having to order those tests,