The CARES Act was passed on March 27, 2020 to provide economic stimulus and relief related to the COVID-19 pandemic. As a result, our typical monthly tax tips have changed remarkably, least of all that the 2020 filing deadline for individuals and deadline for paying first quarter 2020 estimated taxes have both moved to July 15, 2020. The rollout of other relief … [Read more...] about How Will the CARES Act Affect You?
Editors Pick
Personal Cybersecurity Tips 2021
Physicians and practice managers are constantly reminded by the media about how important cybersecurity is to their medical practice. The news is constantly filled with stories of the latest ransomware attacks against healthcare organizations. Despite this, many forget about cybersecurity when they leave the office. How many of these apply to you? Do you use … [Read more...] about Personal Cybersecurity Tips 2021
Managing Patients and Your Medical Practice During COVID-19
Coping with COVID-19 Life always seems to come at us fast. With the coronavirus pandemic, changes are occurring on a minute-by-minute basis. If we are not able to adapt, we will get left behind. Or worse. Managing patients and your medical practice during COVID-19 has been enormously challenging for everyone. Our patients look to us not only for their health care. They … [Read more...] about Managing Patients and Your Medical Practice During COVID-19
Case Study: Personal Use of Office Supplies
ZA and MN work in a large healthcare practice. They do different jobs but have become close friends. They take lunch breaks together and have started doing things outside of work together. They talk about everything, including what the make, performance evaluations, and when they do or don’t get raises. They are solid employees. They enjoy their jobs for the most part, but both … [Read more...] about Case Study: Personal Use of Office Supplies
Optimizing Clinic Flow: We Need Margins
The Effects of Stress We are stressed as individual physicians and individual staff members. Our patients are under multiple stressors too. Virtually every practice faces some grim realities. If we don’t gain control we will slowly be driven out of business, into early retirement, or face the consequences of true burnout. Every aspect of medicine is under tremendous … [Read more...] about Optimizing Clinic Flow: We Need Margins