How Much Do Medical Practice Managers Make? « Manage My Practice Manage My Practice. Read the 2011 update to this article here.
You’ve heard that healthcare is one of the few job markets that is still growing in a down economy and you think you might like to be a medical office manager. The question is: how much do medical practice managers make? The real answer to this question is “it depends.” What Does a Medical Practice Manager Do? « Manage My Practice Manage My Practice. Whether the title is manager, medical practice manager, physician practice manager, administrator, practice administrator, executive director, office manager, CEO, COO, director, division manager, department manager, or any combination thereof, with some exceptions, people who manage physician practices do some combination of the responsibilities listed here or manage people who do.
Human Resources: Hire, fire, counsel, discipline, evaluate, train, orient, coach, mentor and schedule staff. Shop, negotiate and administer benefits. Develop, maintain and administer personnel policies, wellness programs, pay scales, and job descriptions. Resolve conflicts. Maintain personnel files. 22 Ways You Will Use QR (Quick Response) Codes in Healthcare in the Future (if You’re Smart!) « Manage My Practice Manage My Practice.
A QR (Quick Response or Quick Read) Code is a two-dimensional matrix/bar code.
Users hold their phone up to the code displayed on a sign, in a book, on a computer screen, tv, or almost anywhere. The phone camera snaps the code and takes the user to a website or video with more information – no typing needed – just point and click. QR Codes are most common in Japan where they are currently the most popular type of two dimensional codes. Info-starved patients want more from docs, survey says. Www.discoverybenefits.com/uploads/fsa er guide.pdf. Business Exchange. Terms & Conditions The following terms and conditions of use (the "Terms and Conditions") govern your use of the InsureXSolutions website (the "Site").
Flexible Benefit Service Corporation. What are Flexible Spending Accounts (FSAs)?
A Flexible Spending Account or FSA is a tax-advantaged benefit program established by an employer for their employees. This consumer driven account allows employees to use pre-tax money for eligible Section 213d healthcare and dependent care expenses. Compliance Briefing Center. On Friday, September 13, 2013 Treasury published Notice 2013-54 (Notice) which preserves all health flexible spending accounts (health FSAs) that are considered excepted benefits but eliminates an employer’s ability to use a stand-alone health FSA or other tax-favored arrangements, including Premium Reimbursement Arrangements or health reimbursement arrangements (HRAs), to help employees pay for individual health policies on a tax-free basis.
In addition, the Notice addresses a number of specific topics related to FSAs and HRAs. As such, this Alert is the second of two. Keeping health FSAs as excepted benefits1. Promoting Employee Wellness Video. Are you aware of the benefits of implementing a wellness program at your company?
This small business video minute will put you in the know. Definitions & Payroll Terminology. A flexible spending account (FSA) is a tax-advantaged account offered by an employer so that employees can set aside part of their earnings to pay for qualified expenses.
Monies deducted from employee earnings into an FSA account are not subject to payroll taxes, which results in savings for the employee. The most common expenses in these cafeteria-type benefit plans are medical and dependent care expenses. Cafeteria plans, as defined in Section 125 of the Internal Revenue Code, are benefit programs that allow employees to select benefits from a "menu" of offerings. If a business offers an FSA with medical and dependent care options, employees can put money into each plan, but cannot switch monies from one plan to another.
Employer Benefits of a Flexible Spending Account Businesses find that offering employees FSA accounts benefits them since the employer does not have to pay Social Security tax on the employer portions of the benefits. Employee Benefits of a Flexible Spending Account. Flex Administrators : FSA General Information. General Information Employer-sponsored flexible spending accounts (FSAs) are benefit plan arrangements that allow employees to pay for certain health care or dependent care expenses on a pre-tax basis.
What Does a Medical Practice Manager Do? « Manage My Practice Manage My Practice. Medical Spa Management. By: Joy Thompson Posted: June 25, 2008, from the January 2006 issue of Skin Inc. magazine.
Due to practical knowledge and technological advancements, the delivery of medical procedures and services is quicker and less intrusive than what was possible previously. This is especially true in the area of minimally invasive cosmetic procedures that use Botox1 and Restylane2 injections, microdermabrasion and intense pulsed light (IPL) to provide beautiful, healthy skin to clients on their lunch breaks. Meanwhile, many medical practices are beginning to adopt a more client-friendly approach. Offerings such as drive-through prescription pickups and outpatient treatment services are designed to meet the practical needs of the client, whose view of health has evolved to encompass much more than what traditional medicine provides, particularly in the field of cosmetic medicine. What Does a Medical Practice Manager Do? « Manage My Practice Manage My Practice. Anti-Theft Devices. Flexible Spending Accounts.
If you're an employee who works for an Executive branch agency or an agency that has adopted the Federal Flexible Benefits Plan ("FedFlex"), you can elect to participate in the Federal Flexible Spending Account Program (FSAFEDS). FSAFEDS allows you to save money for health care expenses with a Health Care or Limited Expense Health Care FSA. Think of it as a savings account that helps you pay for items that typically aren’t covered by your FEHB Plan, the Federal Employees Dental and Vision Insurance Program, or other health insurance coverage.
FSAFEDS also offers an account for families with young children or elder care expenses – the Dependent Care FSA. This account allows you to set aside money to pay for your day care expenses. How do I SAVE money? AAMA - What is a Medical Assistant. Medical assistants work alongside physicians, mainly in outpatient or ambulatory care facilities, such as medical offices and clinics. In Demand | Medical assisting is one of the nation's fastest growing careers, according to the United States Bureau of Labor Statistics, attributing job growth to the following: Predicted surge in the number of physicians' offices and outpatient care facilities Technological advancements Growing number of elderly Americans who need medical treatment Job Responsibilities | Medical assistants are cross-trained to perform administrative and clinical duties. Here is a quick overview (duties vary from office to office depending on location, size, specialty, and state law): Administrative Duties (may include, but not limited to):
The U.S. Small Business Administration. Employee benefits play an important role in the lives of employees as well as their families. For that reason, the benefits you offer can be a deciding factor for a potential employee’s decision to work at your business. There are two types of employee benefits must provide by law those the employer must provide by law and those the employer offers as an option to compensate employees.
Examples of required benefits include social security and workers' compensation, while optional benefits include health care insurance coverage and retirement benefits. Both required and optional benefits have legal and tax implications for the employer. This guide helps employers understand what they need to do to supply employee benefits required by law. The U.S. Small Business Administration. An employee handbook is an important communication tool between you and your employees. A well-written handbook sets forth your expectations for your employees, and describes what they can expect from your company. It also should describe your legal obligations as an employer, and your employees' rights.
This guide will help you write an employee handbook, which typically includes the topics below. Non-Disclosure Agreements (NDAs) and Conflict of Interest Statements. Free job descriptions - job descriptions writing templates and examples. A useful process for refining and writing job descriptions responsibilities into fewer points and ('responsibilities' rather than 'individual tasks'), is to group the many individual tasks into main responsibility areas, such as the list below (not all will be applicable to any single role). Bold type indicates that these responsibility areas would normally feature in most job descriptions: Bold type indicates that these responsibility areas would normally feature in most job descriptions: eCheck Payment Processing for Small Businesses. Practice Fundamentals.
In all of the years we’ve been working with our clients, we have yet to find one office that, at one point or another, doesn’t run into the issue of a loss in employee morale. Whether there’s something going on in their personal lives leaving them a bit less motivated, or, in many cases, something going on in the office, employee morale affects your practice in more ways than you may think.
While it’s necessary to get to the root of the problem, we’re offering tips to boost your staff’s drive. SalonSpaSuccessSurveyAndIdeaBook.pdf. Building_a_successful_spa.pdf. Becoming a Super Spa. Are you experiencing growth or is your practice or spa maintaining an internal status quo that actually puts it at risk for extinction? By expanding your menu of services, you can stay competitive – and even take a lucrative step ahead of the pack.
According to the 2008 Global Spa Summit in New York, "The global spa economy is estimated to be over $250 billion. " And in spite of the economic downturn, the industry continues to grow at a breakneck pace. Anticipating and Meeting Demand Consumers have become very savvy about the types of treatments and services available, as well as the potential health and beauty benefits they can provide. Commissions, Piece Rate & Bonuses. Getpdf.php. Medical and Spa Compensation Programs. Team Bonuses: How do you figure it out? I recently came across a really great blog written by Sally McKenzie of McKenzie Management; a dental management solutions company. Medical Spa Careers. Baby boomers are the first generation to express en masse an aversion to the concept of physical aging—and to become a driving financial force in the quest to defy the inevitability of growing older.
Top 10 Tips to Increase Your Spa’s Profitability. A well designed and structured spa services menu can provide the essential flexibility to book services, schedule resources and run promotions that maximizes your Spa’s bottom line. For each treatment, understanding the associated range of your labor costs and true profit margin is critical in this planning exercise. Strategizing to maximize the booking of high-end, high-margin specialty services creates more opportunities for therapists to further improve revenue capture via upgrades and retail sales. Clinic Manager Position - American Laser Med Spa. Medical Spa Legislation and Regulation. The Inclusive Medical Spa. By: Howard Murad, MD Posted: February 25, 2009, from the March 2009 issue of Skin Inc. magazine.
The Inclusive Medical Spa.