Reimbursement Rates: How to maintain a good dermatology practice income.

Dermatology Practices Face Flat or Declining Reimbursement Rates As we talk to physicians across the country, revenue pressure is consistently identified as one of the most challenging aspects of running an independent physician practice today.  For many independent physician practices, revenue pressure is caused by flat or declining Medicare and health insurance company reimbursement rates.…

A Strong Mission and Vision Statement Creates Clarity

If you’re here, you’re the kind of dermatologist that puts all your work into running the best dermatology practice possible. If you’re in an urban or suburban area where you are competing with other dermatology practices for patients, it’s important to do everything possible to set your practice apart from others. Establishing and communicating your…

Safeguard Your Practice From a Data Breach

It seems like every week I hear of another data breach. In 2019 alone there were several major data breach announcements that caught the world’s attention, including: Capital One, Evite, Facebook, Door Dash, T-Mobile, Georgia Tech, Wawa, and many more. While these massive data breaches are what grab headlines, most data breaches actually occur with…

Why are so many physicians selling their practices?

A growing number of dermatologists are selling their practices, with several factors driving this trend. If you currently own or are thinking of starting your own practice, understanding the current practice landscape, trends, and options can help you make the best-informed decisions for you and your career. Age The most prevalent reason for selling a…