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How do you develop and implement an effective business plan? How do you ensure the effective management of day-to-day operations?

Business operations in a medical practice includes the following.

1. Develop, implement and monitor business operation plans.
2. Develop, implement and oversee systems for the purchase of materials and equipment.
3. Manage facilities planning and mainte­nance activities to meet the organization’s current and future needs.
4. Manage discernment process for identification and utilization of out­sourced expertise and business partners.
5. Develop and implement a marketing and communication plan.

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Members-only articles 

4 issues to address when business planning 

10 suggestions for starting a new medical group 

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How predictive dialers can help you exceed current billing and collections efforts

The Effective Use Of Electronic Dashboards To Promote & Improve Overall Practice Performance 
ACMPE Fellow paper by David G. Owens, FACMPE

Centralizing Operational Functions to Reduce Staffing Expenses 
ACMPE Fellow paper by Sheila H. Coffee, FACMPE

More on Business Operations

• Body of Knowledge Review Series: Business Operations, 2nd Edition
  
  
• MGMA Cost Survey for Single Specialty Practices: 2009 Report Based on 2008 Data 
  
  
• MGMA Cost Survey for Multispecialty Practices: 2009 Report Based on 2008 Data 
  
  
• MGMA DataDive: 2009 Cost and Revenue Module 
  
  
• Business Operations Smart Pack, 2008 Edition  
  
  
• Physician Practice Management: Essential Operational and Financial Knowledge 
  
  
• Operating Policies & Procedures Manual for Medical Practices, 3rd Edition
  
  
• Rx for Business Success: Starting a Medical Practice 
  
  
• A+ Marketing: Proven Tactics for Success 

• MGMA BootCamp: Essentials of Group Practice Management
  
  
• Virtual Practice Manager 2.0

Checklist for a new medical practice startup  

Business and Clinical Operations FAQs 

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