Practice Management: Keys to a Financially Healthy Urgent Care Center: Patient and Payor Mix

Practice Management: Keys to a Financially Healthy Urgent Care Center: Patient and Payor Mix

Urgent message: The right mix of payors and patients might make the difference between profitability and the poorhouse. Apply the basic principles to your situation, and adjust accordingly. By Stacy Calvaruso Many factors contribute to the ultimate success or failure of an urgent care center. Some are beyond your control, but there are others on which you can exert a good deal of influence — with the right approach. Two such factors that have an …

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Managing Your Practice, Caring for Your Patients

Managing Your Practice, Caring for Your Patients

Urgent message: The challenge of running a successful business can be daunting for any entrepreneur. It’s especially tough when your first priority is maintaining excellence as a clinician. The right approach to financial issues can help your business run smoothly—and profitably—while allowing you to focus on caring for patients. Ask an urgent care physician-owner what the biggest financial obstacle he or she faces is and the answer is likely to be “declining reimbursements.” But what …

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