In our daily clinical practice, we check our patients’ vital signs all the time. What about “checking the vitals” of your own practice?
Just like for human beings, the vital signs are the measurables that can quickly tell you the most crucial wellbeing of your practice-- the 4 C’s:
If “Cash is King”, then “Cash Flow is Queen”-- as in the most powerful chess piece on the chessboard! Cash flow can be measured in the following categories:
The “good will” of a medical practice can be assessed by the following parameters:
How happy are your patients about you and/or your practice?
Under the Universal Health Care model in Canada,...
Whether we like it or not, we physicians are being rated everyday either individually or as a profession-- from the popular RateMD website which many patients frequent, to PAR (Peer Assessment Reviews) from our Colleges.
In fact, there are multiple batteries of assessment of Physician Performance, e.g.:
So, what are the top 3 attributes your patients want from you?
And of these 3 As, which one do you think ranks as the most important?
Surprisingly, aptitude is NOT on the top, despite what traditional med schools or residency programs have trained us to believe.
During malpractice complaints/ lawsuits, most MDs get pardoned for their incompetence if their attitude was great and they have been accessible to patients. Conversely, MDs get the harshest...