Research Paper – Develop a Physician Practice Business Plan for your Medical Group.
Part III: Risk/HR/Marketing/Future Goals
Due: Week 6, Day 7
For Part III, you are to provide a continuous Table of Contents using the headings below. Discuss each area this week as part of your Physician Practice Business Plan:
USE THESE HEADINGS IN YOUR PAPER:
- Identified Physician Compliance Risk Area – Coding and Billing: Which risk areas are you most concerned about? Why? What can be done to minimize it?
- Human Resources and Staffing Practices – Employees handbook – discuss your top important 5 employee office policies. Why is each one important?
- Social Media/Marketing Efforts to Recruit Employees, Physicians and Patients/Staying Ahead of Competitors
- Internal Cost-Cutting Measures Implemented
- Expansion Efforts (e.g. new product and services)
- Financial Plan (Bank loans, lease, mortgage, cash flow, etc)
In addition, you are to create a Future Goals/Implementation Plan/Estimated Date of Completion (EDC) graph (Example: Future Goal/Implementation Plan: After opening your practice; here is an example of something you may want to get done within the next year – keep it on your “radar” after opening your practice). Set it up this way:
|Post announcement to hire NP|
|Interview candidates for NP position|
|Hire NP candidate to fill position|
Final Research Paper is Due Day 7 of Week 6 under the Written Assignments area.
Your FINAL PAPER is a compilation of all your papers. Therefore, include your previous two research papers. Here is an example of how to display your FINAL PAPER:
TABLE OF CONTENTS –
PART ONE PAGE NUMBER
PART TWO –
PART THREE – FINAL PAPER