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Accountability: Nine Ways to Protect the Physician and the Manager

by Mary Pat Whaley | Sep 1, 2009 | Finance, Physician Relations

Recent news stories about manager embezzlement give us all a black eye.  What can managers do to limit their liability, and how can physicians protect the practice without managing the day-to-day operations themselves? Here are nine suggestions: Perform a thorough...

Lockbox

by Mary Pat Whaley | May 12, 2009 | Definitions

A term referring to a service that: collects mail delivered to a special practice Post Office Box (typically only payments) opens the mail and discards the envelopes separates the checks from the accompanying paperwork scans or copies the checks and the accompanying...

Is Someone in Your Office Still Writing Deposit Slips and Going to the Bank?

by Mary Pat Whaley | Sep 9, 2008 | Innovation, Memes

My practice spends about $9,000 a year going to the bank.  That’s what it costs for the time it takes for one person to open the envelopes, separate the checks from the EOBs, add the check totals, stamp the backs of the checks, copy/scan the checks, write the...

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