Arlen Meyers, MD, MBA, shares four insights for small practitioners to succeed, according to Physician's Money Digest.
1. Spur innovation. At your practice, don't micromanage innovation. Rather, create a culture that allows staff members to become leaders.
2. Implement a marketing plan. Digital communication is a vital tool to ensure your practice's success.
3. Align your health information technology strategy with your practice's clinical and business goals.
4. Allow for growth in your business model. As healthcare changes, so should your business model. Ensure your model allows for growth, which will create more value in your practice.
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