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Blog
Things Stated by Kory Razaghi That Are Required to Start Your Own Medical Practice
It is the dream for most of the physicians to start their own medical practice business. By doing this you can be your own boss, set your own rules and can hire employees of your choice and above all it will help you earn good money out of it. But starting a business not an easy thing to do and you need to take care of many things for it. Some of the things discussed by Kory Razaghi you should keep in mind while going to start you own medical practice business are:
Get information about t...
12 Aug 16 - 07:23
It is the dream for most of the physicians to start their own medical practice business. By doing this you can be your own boss, set your own rules and can hire employees of your choice and above all it will help you earn good money out of it. But starting a business not an easy thing to do and you need to take care of many things for it. Some of the things discussed by Kory Razaghi you should keep in mind while going to start you own medical practice business are:
Get information about t...
Tracking Employee Performance in a Medical Practice
In order to keep a medical practice running successfully it is crucial to track employee performance. Similarly when changes need to be made to increase the efficiency of the office, it is important for practice managers to ensure that all employees are on board and embracing the changes.
A prime example would be the introduction of new technology such as a new billing system that replaces an antiquated piece of equipment or eliminates manual labor. Some employees hate change and will argue...
27 Jul 16 - 02:43
In order to keep a medical practice running successfully it is crucial to track employee performance. Similarly when changes need to be made to increase the efficiency of the office, it is important for practice managers to ensure that all employees are on board and embracing the changes.
A prime example would be the introduction of new technology such as a new billing system that replaces an antiquated piece of equipment or eliminates manual labor. Some employees hate change and will argue...
Managing Medical Practice Overhead Expense: Kory Razaghi
Shrinking reimbursements are a progressive reality of the healthcare practice environment. Under these conditions private practices need to make smart decisions about how to manage their overhead expenses. Reduced growth in income means that previously manageable expenses may envelop a larger percentage of potential earnings. In addition, normal business expenses are expected to rise naturally through inflation and other factors affecting price indexes. There a number of ways to reduce overhe...
15 Jul 16 - 04:58
Shrinking reimbursements are a progressive reality of the healthcare practice environment. Under these conditions private practices need to make smart decisions about how to manage their overhead expenses. Reduced growth in income means that previously manageable expenses may envelop a larger percentage of potential earnings. In addition, normal business expenses are expected to rise naturally through inflation and other factors affecting price indexes. There a number of ways to reduce overhe...
Training of Healthcare Finance - Kory Razaghi
Healthcare training programs assist the participants in familiarizing themselves with the latest procedures of accounting and their application in this industry. Such programs are also helpful in keeping the individuals abreast of different funding options existing with medical institutions.
Purpose: A fully fledged training program assists the participant to learn and understand generally accepted accounting principles (GAAP) useful in this sector. In addition, you can learn through and ...
09 Jul 16 - 05:26
Healthcare training programs assist the participants in familiarizing themselves with the latest procedures of accounting and their application in this industry. Such programs are also helpful in keeping the individuals abreast of different funding options existing with medical institutions.
Purpose: A fully fledged training program assists the participant to learn and understand generally accepted accounting principles (GAAP) useful in this sector. In addition, you can learn through and ...
CFO tips by Kory Razaghi on how to prepare, manage, relieve M&A stress
Chief financial officers by the time of their appointment to a senior management team may have accumulated merger and acquisition experience.
Still, even CFO's with extensive M&A experience agree that "each deal is different" and the burden of ensuring the deal closes successfully rests with them and the chief executive even with investment banking assistance.
"I find investment bankers a similar lot," says one CFO, "they do a lot of talking but ultimately the work is done by the vendor....
01 Jul 16 - 05:00
Chief financial officers by the time of their appointment to a senior management team may have accumulated merger and acquisition experience.
Still, even CFO's with extensive M&A experience agree that "each deal is different" and the burden of ensuring the deal closes successfully rests with them and the chief executive even with investment banking assistance.
"I find investment bankers a similar lot," says one CFO, "they do a lot of talking but ultimately the work is done by the vendor....
Kory Razaghi - The Target Capital Structure
Firms can choose whatever mix of debt and equity they desire to finance their assets, subject to the willingness of investors to provide such funds. And, as we shall see, there exist many different mixes of debt and equity, or capital structures - in some firms, such as Chrysler Corporation, debt accounts for more than 70 percent of the financing, while other firms, such as Microsoft, have little or no debt.
You will find that determining the exact optimal capital structure is not a scien...
10 Jun 16 - 07:17
Firms can choose whatever mix of debt and equity they desire to finance their assets, subject to the willingness of investors to provide such funds. And, as we shall see, there exist many different mixes of debt and equity, or capital structures - in some firms, such as Chrysler Corporation, debt accounts for more than 70 percent of the financing, while other firms, such as Microsoft, have little or no debt.
You will find that determining the exact optimal capital structure is not a scien...
Kory Razaghi on Constructing a Healthcare Marketing Plan
Even in this 21st Century, many physicians believe marketing is just putting an advertisement in the local newspaper, renovating the waiting room or conducting a direct mailing to people in the community. But, this is not a logical approach and you will not be able to accomplish anything. The key to successful practice marketing incorporates with designing a strategic marketing plan comprising your specific goals and their implementation methods. The plan serves as a road map to assist you ac...
10 May 16 - 03:05
Even in this 21st Century, many physicians believe marketing is just putting an advertisement in the local newspaper, renovating the waiting room or conducting a direct mailing to people in the community. But, this is not a logical approach and you will not be able to accomplish anything. The key to successful practice marketing incorporates with designing a strategic marketing plan comprising your specific goals and their implementation methods. The plan serves as a road map to assist you ac...
Healthcare Strategic Innovation for Accelerated Improvement by Kory Razaghi
Hospitals and Health Systems typically engage in an annual process of developing or updating a Strategic Plan. This article suggests a new approach that is far from any "traditional" approach to strategic planning…much more robust and participative - resulting in actionable plans that have the "fingerprints" of all key stakeholders from beginning through results realization.
In Kory Razaghi view, what is referred to as "Strategic Innovation" is more in touch with today's leadership and m...
26 Apr 16 - 04:39
Hospitals and Health Systems typically engage in an annual process of developing or updating a Strategic Plan. This article suggests a new approach that is far from any "traditional" approach to strategic planning…much more robust and participative - resulting in actionable plans that have the "fingerprints" of all key stakeholders from beginning through results realization.
In Kory Razaghi view, what is referred to as "Strategic Innovation" is more in touch with today's leadership and m...
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