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BLOG

How to prepare for a strategic planning process

By Nick Hernandez  bio
There are many different models and action steps for strategic planning. Attempting to “jump right in”, however, is ill-advised. Undertaking some basic pre-work will help to ensure…


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INCREASING PROFITS

Four common strategic planning mistakes

By Nick Hernandez  bio
Strategic planning is an essential business activity. However, several common mistakes must be understood so that practice administrators can guard against them. Pointing out…


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MANAGING THE OFFICE

Upping your game as a medical office manager

Managing an efficient and profitable medical practice depends upon your ability to master a specific set of management skills, implement best practices, and…


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HEALTHCARE IN THE NEWS

Report: Healthcare provider mergers reshaping the landscape as size of transacting parties continues to grow

The trend of mergers between large healthcare provider organizations continued in 2018, as the average size in revenue of sellers…


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GENDER DIVERSITY

Gender diversity at US Health Care companies: A prescription for progress

Three out of every four employees at US health care companies are women, far more than in most other industries, yet women are still scarce in the industry’s leadership ranks, according to…


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SUCCESSION PLANNING

Tips for successfully transitioning ownership of your medical practice

Transitioning ownership of a medical practice can be extremely risky, especially without considerable preparation, according to medical practice consultant…


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BLOG

Physician entrepreneurs drive innovation and change

By Nick Hernandez  bio
Physician leaders must be innovators to navigate their practices into and through the era of healthcare reform. True physician entrepreneurs take charge of…


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INSIGHT

Six key areas for successful physician partnerships

By Nick Hernandez  bio
Physicians should take a measured approach to the future of their practice. Physician partnerships require much pre-planning, careful structuring, and a whole lot…


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INSIGHT

Why strategic planning is a must for practices

By Nick Hernandez  bio
Strategic planning is not the same as operational planning. The former is focused on broad and long-lasting issues that ensure the…


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INSIGHT

5 essential steps to successful strategy implementation

By Nick Hernandez  bio
Oftentimes physicians and administrators discuss strategies and may even devise a strategic plan, only to see nothing come of it. The most common reason for strategy failure is that the…


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