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Medical Practice Business Plan Workbook

Autor Peter D. Lucash
en Limba Engleză Paperback – 17 oct 2011
How does a medical practice thrive in a business environment where the margin of management error has all but disappeared? Profit margins are being squeezed by declining reimbursement rates, capitation plans, gamesmanship on the part of the payors, and increasing operating costs. Addressing the specific needs of today’s medical practice, Medical Practice Business Plan Workbook, Third Edition supplies a detailed and ordered work plan to tackle some of the most pressing issues facing the field.

Peter D. Lucash delves into decades of experience helping physician groups develop business plans to guide you along the process of building the profitable practice you want and deserve. This updated edition of a bestseller begins with a review of the fundamentals, including the questions your plan should answer, how to get started, how to organize and develop your plan, and the staff support and resources you will need. Complete with a wealth of helpful sample plans and worksheets, this workbook:
  • Reflects recent changes in the healthcare industry, including federal healthcare reform
  • Offers a one-of-a-kind design and approach tailored to the medical practice
  • Covers conceptualization, organization, and implementation of your business plan
This updated edition reflects current and forecasted challenges for practices, including the Affordable Care Act, data security, and quality and outcome measures. It supplies detailed coverage of the different types of organizations, governance and management, personnel needs, key business relationships and contacts, demographics and economic factors, patients as customers, competitor analysis, marketing, information technology, disaster and business continuity planning, and financial strategies. The final section outlines a process for implementing your plan. Sticking to this process will help ensure your plan covers what is needed to succeed in today’s complex medical environment.
Visit www.Lucash.com for videos and other resources to help you develop and implement your practice business plan.
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Specificații

ISBN-13: 9781439855317
ISBN-10: 1439855315
Pagini: 128
Ilustrații: 1 b/w image
Dimensiuni: 178 x 254 x 8 mm
Greutate: 0.28 kg
Ediția:Revizuită
Editura: Taylor & Francis
Colecția Productivity Press
Locul publicării:Oxford, United Kingdom

Public țintă

Professional Practice & Development

Cuprins

Preface -- Acknowledgments -- SECTION I INTRODUCTION -- Introduction -- Why This Book? -- What’s a Business Plan and What Do You Do with It? -- Questions a Plan Should Answer -- Getting Started on Your Plan -- Organizing to Develop a Plan -- Board and Leadership Support -- Planning Committee -- Staff Support and Resources -- Timeline -- Data and Information Needs -- How to Use This Workbook -- 1. Getting Started -- 2. Sit Down and Read through This Book -- 3. Start Writing -- 4. Prepare Your Rough Draft -- 5. The Final Draft and Action Plan -- SECTION II THE W ORKBOOK -- 1 Background of the Practice -- Writing Guide -- Background of the Practice -- 2 Forms of Business Organization -- Forms of Business Organization -- Forms of Business Organization -- 3 Governance and Management -- Writing Guide -- Management -- Advisors to the Practice -- 4 Personnel -- Writing Guide -- Personnel -- Clinical and Technical Staff -- Clinical and Technical Staff -- Support Staff -- 5 Key Business Relationships -- Writing Guide -- Other Providers -- 6 Key Contacts -- Writing Guide -- Key Contacts -- 7 Your Market: Demographic and Economic Factors -- Writing Guide -- Economic Factors Information -- Demographic Analysis -- 8 Services -- Writing Guide -- 9 Patients as Customers -- Writing Guide -- A. Major Employers -- B. List top M COs -- C. Analysis of Patient Services -- 10 Facilities and Location -- Writing Guide -- Facility/Location -- 11 Business Process/Patient Flow -- Writing Guide -- 12 Competitor Analysis -- Writing Guide -- Competitor Analysis -- 13 Marketing -- Writing Guide -- Marketing Strategy -- 14 Regulatory Compliance -- Writing Guide -- Regulatory Compliance -- 15 Quality of Care -- Writing Guide -- 16 Information Technology (IT) -- Writing Guide -- 17 Disaster and Business Continuity Plan -- Writing Guide -- The Goal: What Are You Protecting? -- Focus on People First -- 18 Finance -- Writing Guide -- Historical Analysis -- 19 Financial Strategies -- Writing Guide -- Develop a Projected Financial Plan -- Personnel: Position Control Register -- Schedule of Insurance -- Schedule of Leases -- Capital Spending Plan -- Projected Financial Plan -- SECTION III THE BUSINESS AND ACTION PLAN -- 20 Pulling It All Together: The Action Plan -- Writing Guide -- Assumptions -- Actions -- Milestone and Time Frames -- Endnote: Now What? -- About: Peter D. Lucash -- Index.

Notă biografică

Peter Lucash is the founder and CEO of Digital CPE, LLC, a consulting, information, and training firm working to improve the business management of organizations. He is also the CEO of BioPharma Connex, LLC, a company that facilitates pharmaceutical firms to introduce innovative products in Latin America. Peter has worked in management and consulting roles in a variety of growth-oriented situations. He was the chief administrative officer of a specialty medical practice, an assistant hospital administrator and vice president of planning and marketing for large urban teaching hospitals, a manager in a Big 4 CPA firm consulting practice, and directed a development venture to explore entrepreneurial venture opportunities for a consortium of nonprofit organizations.
Peter is a faculty member and lecturer for Northeastern University and other colleges, where he teaches courses in business, strategy, entrepreneurship, small-business management, organizational behavior, nonprofit management, and financial management. He holds an MBA and MPH from Columbia University and earned his BA from New York University.
In addition to this book, Peter is the author of Medical Practice Change Management, originally published by McGraw-Hill. Peter has been an active speaker and facilitator for conferences, workshops, and seminars for national, regional, and local organizations including the Medical Group Management Association, Healthcare Financial Management Association, Charleston Metro Chamber of Commerce, and Charleston Digital Corridor among others. He was an active seminar leader for McGraw-Hill Healthcare Education Group and the Center for Professional Education, Inc. Peter is a member of his local chamber of commerce and other business and economic development organizations.

Descriere

Updated to reflect healthcare reform and the growing trend among physicians to become more involved with the business of healthcare, this workbook explains how to develop a thorough business plan. Part one details the questions a plan should answer and explains how to determine what resources are needed. The second part covers processes, competitor analysis, and financials. The final section covers implementation. Sticking to the workbook will help ensure your plan covers what is needed in the complex and ever-evolving medical environment.