You can’t open a paper, flip on a television or pull up your preferred news app without being bombarded with the phrase “rising cost of healthcare.” For those of us in the healthcare field, this concern is nothing new. After all, physicians have been navigating the costs of healthcare since the first day of med school. Not to mention, running your own private practice comes with its own fair share of financial concerns. But, as government mandates tighten purse strings and insurance changes force patients to become more cognizant of costs, private practices are under increased pressure to significantly decrease spend.
Luckily, there are several ways physicians can reduce costs without sacrificing quality of care. Here are our top three suggestions:






As a child life specialist, when you’re called to a patient’s room, you never know what awaits on the other side of the door. In some cases, your services are needed to help calm the nerves of a toddler before she receives a vaccine. In other cases, you may walk in to find a hysterical child and his equally terrified parents. Sometimes you can bring a situation under control in a matter of minutes, but some take much, much longer.
For private practice office managers, hiring and recruiting is a time-consuming, expensive and, quite frankly, frustrating endeavor. From finding the right talent, to ensuring new hires are properly trained, getting the right employees in place requires a great deal of business resources. Not to mention, it’s pricey. It costs 20 percent of a worker’s $50,000 salary to replace them, according to the
Most of us are accustomed to seeing customer experience surveys from businesses like cable companies, retailers and automotive service centers. Days after you’ve purchased a product or paid for a service, you’ve probably received an email or automated phone call asking you to rank your satisfaction and share your comments. For many years, businesses have relied on customer feedback to measure success and improve processes. Today, however, you’ll begin seeing surveys from an unlikely source: your hospital.
