A health care provider’s office that is not part of a much larger organization or a franchise is becoming a rare entity in today’s economy. There are several factors playing into this, but understanding how to best navigate and take care of the basic challenges is essential. Financial errors can quickly compound and cause major stress, or worse. We’ll look at the macro items first. External pressures The largest external pressure by far is the transformation of the health insurance industry over the past 20 years. Prior to the advent of the PPO (Preferred Provider Organization), doctors of … [Read more...] about Financial Basics for the Independent Doctor