title: Improve compliance and financial performance at the same time.
abstract: Contrary to conventional wisdom, which holds that compliance is often a net negative to a practice's financial performance, the fact is that compliance, operations, and the financial performance of a medical practice can all be simultaneously improved. This article will illustrate that the basic drivers of effective compliance are often the same fundamental business principles that lead to outstanding operations and enhanced financial performance. The lesson for medical practice managers is that if you improve compliance, you should actually improve your bottom line, not harm it.
authors.affiliation: HPEN, Inc., 11777 San Vicente Boulevard, Suite 777, Los Angeles, CA, USA. jeff@hpen.com
authors.forename: Jeff
authors.initials: J
authors.lastname: Sinaiko
mesh_terms: D000067:Accounts Payable and Receivable; D039702:Current Procedural Terminology; D017598:Efficiency, Organizational; D005245:Fee Schedules; D005376:Financial Management / Q000379:methods* / Q000592:standards; D005568:Forms and Records Control / Q000145:classification; D019983:Guideline Adherence; D006801:Humans; D007318:Inservice Training; D007344:Insurance Claim Reporting / Q000145:classification; D016134:Organizational Policy; D011216:Practice Management, Medical / Q000191:economics* / Q000592:standards; D014481:United States