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  • © 2015

The Complete Business Guide for a Successful Medical Practice

  • Provides medical practitioners with the basic business skills and understanding of the financial aspects of their practice

  • Provides suggestions for marketing and branding strategies to differentiate one's practice from competitors

  • Provides tips on how to use the Internet and social media to not only connect with existing patients but also attract new patients

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  • Own it forever
Softcover Book USD 129.99
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  • Dispatched in 3 to 5 business days
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Table of contents (23 chapters)

  1. Front Matter

    Pages i-xiv
  2. The Basics of the Business of Medicine

    • Neil Baum, Raju Thomas
    Pages 1-9
  3. Transitioning from Training to Practice

    • Koushik Shaw, Thomas F. Stringer, Roger G. Bonds
    Pages 11-27
  4. Job Search

    • Roger G. Bonds, Neil Baum
    Pages 29-45
  5. Insurances and Essential Fringe Benefits

    • Thomas Crawford, Neil Baum
    Pages 59-68
  6. The Coding Aspect of the Business of Medicine

    • Betsy Nicoletti
    Pages 69-88
  7. Understanding Financial Statements

    • Karl J. Kreder
    Pages 89-95
  8. Numbers You Need to Know

    • Karl J. Kreder
    Pages 97-106
  9. The Revenue Cycle

    • Michael T. Harris, David Kaplan
    Pages 107-119
  10. Stark Law Impact on Medical Practice

    • Michael Igel, Thomas Stringer
    Pages 121-126
  11. Restrictive Covenants

    • Michael Igel
    Pages 127-131
  12. Medical Equipment: Leasing vs. Buying

    • Victoria J. Sharp, Karl J. Kreder
    Pages 133-148
  13. Ancillary Income

    • Victoria J. Sharp, Dan Gralnek
    Pages 149-165
  14. Selecting Advisors

    • Neil Baum, Roger G. Bonds
    Pages 167-173
  15. Debt Reduction

    • Neil Baum, Roger G. Bonds
    Pages 175-183
  16. Becoming Financially Savvy

    • Raju Thomas
    Pages 185-198
  17. Marketing: Understanding the Modern Patient and Consumer

    • Elizabeth W. Woodcock, Neil Baum
    Pages 207-224
  18. Building Your Career, Your Reputation, and Your Personal Brand

    • Michael T. Harris, Neil Baum
    Pages 225-237

About this book

This text provides physicians with the basic business skills in order for them to become involved in the financial aspect of their practices. The text will help the physician decide what kind of practice they would like to join (i.e. private practice, small group practice, solo practice, hospital employment, large group practice, academic medicine, or institutional\government practice) as well as understand the basics of contracting, restrictive covenants and how to navigate the road to partnership. Additional topics covered include, monthly balance sheets, productivity, overhead costs and profits, trend analysis and benchmarking. Finally, the book provides advice on advisors that doctors will need to help with the business of their professional and personal lives. These include accountants, bankers, lawyers, insurance agents and other financial advisors.

The Complete Business Guide for a Successful Medical Practice provides a roadmap for physicians to be not only good clinical doctors but also good businessmen and businesswomen. It will help doctors make a difference in the lives of their patients as well as sound financial decisions for their practice.

Editors and Affiliations

  • Department of Urology, Tulane Medical School, New Orleans, USA

    Neil Baum, Raju Thomas

  • PhysicianCareerAdvisor.com, American Academy of Medical Management, Atlanta, USA

    Roger G. Bonds

  • Prostate Disease Center, University of Florida, Gainesville, USA

    Thomas Crawford

  • Department of Urology, University of Iowa, Iowa City, USA

    Karl J. Kreder

  • Austin Urology Institute, Austin, USA

    Koushik Shaw

  • Department of Urology, University of Florida Shands Health Center, Gainesville, USA

    Thomas Stringer

About the editors

Neil Baum, MD

Department of Urology, Touro Infirmary, New Orleans, Louisiana, USA

Roger G. Bonds, MBA, CMSR, FMSD

President & CEO, PhysicianCareerAdvisor.com, Atlanta, Georgia, USA

Founder, American Academy of Medical Management, Atlanta, Georgia, USA

Thomas Crawford, PhD, MBA, FACHE

Faculty and Chief Operating Officer, University of Florida Prostate Disease Center, Gainesville, Florida, USA

Karl Kreder, MD, MBA

Professor and Department Executive Officer, Rubin H. Flocks Chair, Department of Urology, University of Iowa, Iowa City, Iowa, USA

Koushik Shaw, MD

Austin Urology Institute, Austin, Texas, USA

Thomas Stringer, MD, FACS

Medical Director, Department of Urology, University of Florida/Shands Health Center, Gainesville, Florida, USA

Raju Thomas, MD, FACS, MHA

Department of Urology, Tulane University School of Medicine, New Orleans, Louisiana, USA

Bibliographic Information

  • Book Title: The Complete Business Guide for a Successful Medical Practice

  • Editors: Neil Baum, Roger G. Bonds, Thomas Crawford, Karl J. Kreder, Koushik Shaw, Thomas Stringer, Raju Thomas

  • DOI: https://doi.org/10.1007/978-3-319-11095-0

  • Publisher: Springer Cham

  • eBook Packages: Medicine, Medicine (R0)

  • Copyright Information: Springer International Publishing Switzerland 2015

  • Softcover ISBN: 978-3-319-11094-3Published: 07 April 2015

  • eBook ISBN: 978-3-319-11095-0Published: 02 January 2015

  • Edition Number: 1

  • Number of Pages: XIV, 277

  • Number of Illustrations: 8 b/w illustrations, 10 illustrations in colour

  • Topics: Practice and Hospital Management, Cardiology, General Surgery, Health Administration

Buy it now

Buying options

eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access