HCMG745 Final Paper Part II – Davenport

HCMG745 Final Paper Part II – Davenport

HCMG745 Final Paper Part II – Davenport

Final Research Paper – Develop Physician Practice Business Plan for your Medical Group. As the practice leader, write a Physician Practice Business Plan# 3. Provide a Continuous Table of Content. Discuss the below areas this week as part of your Physician Practice Business Plan:

USE THESE HEADINGS IN YOUR PAPER:

Identified Physician Compliance Risk Area – Coding and Billing: Which risk areas are you most concerned about? Why? What can be done to minimize it?

Human Resources and Staffing Practices – Employees handbook – discuss your top important 5 employee office policies. Why is each one important?

Social Media/Marketing Efforts to Recruit Employees, Physicians and Patients/Staying Ahead of Competitors

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Internal Cost-Cutting Measures Implemented

Expansion Efforts (e.g. new product and services)

Financial Plan (Bank loans, lease, mortgage, cash flow, etc)

Future Goals/Implementation Plan/EDC graph (Example: Future Goal/Implementation Plan: After opening your practice; he