Phil Suiter: The first generation in population health management had numerous programs that were immensely helpful. Though the idea was great, there was one thing about it that proved difficult – assessment of clinical and financial results. Now, the second generation of population health management is in the pipeline, let’s call it Population Health 2.0. It is driven by a strong network of providers and employers with integrated programs that are greatly improving community health, delivering financial results and Return Of Investment.
Most dread the task of budgeting for the upcoming year. There is never enough money, and with the increase in regulations, it won’t change in the near future. However, setting a budget and sticking to it is the most important step for ensuring financial viability. Regardless of the size of your practice, there are several areas in which physicians should invest.
Everyone likes to win. Be it business or sports. Winning is a unique and exhilarating feeling. It gives us an exciting sense of accomplishment, knowing that we performed excellently based on our expectations.