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Practice Management Series

The Practice Management Series is one of the FHC's unique offerings to our resident physicians.  The lectures are presented to third year residents to help prepare them for business aspects of medical practice.  This series of presentations is administrated by Mr. Allen Patterson, CPA, our chief financial officer.  Presenters include Mr. Patterson, other faculty members, and several outside consultants and experts in their such as accounting, practice management, law, contract negotiations, and other topics listed below. 

  • Practice Management Series Orientation
  • Establishing a Practice (choosing a community and type of practice)
  • Licensures, Registrations
  • Typical First Year Arrangements
  • Business Law Issues
  • How To Get A Good Deal
  • Marketing/Management
  • Patient Management (includes scheduling, use of the phone, processing patients, patient information/education, practice volume, and terminating the physician-patient relationship)
  • Business Records – Revenues (includes revenue sources, fees and discounts, managed care basics, accounting systems, collections, credit policies, overdue accounts processing, third parties and provider numbers, insurance, Medicare, Medicaid, worker's compensation and industrial accounts, capitation vs. fee-for-service, and several sessions on E & M coding)
  • Personnel Management (tax information, and hiring, managing, terminating employees)
  • Facilities and Equipment (office location, space, design, owning vs. leasing, expense sharing, furnishings, phone systems, and both medical and business equipment and supplies)
  • Computerized Cash Flow
  • Medical Records & Computers in Medicine (includes chart formats, storage and filing systems, indexing and coding, obtaining and sending records, inactivating and retiring records)
  • Computers in Medicine       
  • Professional Liability Insurance
  • Business Consultants
  • Banking
  • Personal Financial Planning/Investors
  • Personal and Business Insurance
  • Retirement Plans
  • Taxation
  • Medico/Legal Issues
  • Law & Medicine (including mock depositions with Baylor law students)
  • Planning Your Entry Into Medical Practice
  • Wrap-Up of Practice Management Series

CONTACT INFORMATION