Categories: Ebooks

30 Apr 2020

COVID-19: The Way Forward for Gastroenterology Practices

COVID-19: The Way Forward for Gastroenterology Practices

These are uncertain times for gastroenterologists. COVID-19 is a double whammy of both clinical and business disruption.

With the amount of information on COVID-19, what should you base your decisions on? What kind of a financial impact will the pandemic have on your practice? What exactly is the new norm? What practical actions should you take now?

This ebook will help you explore answers to the right questions. Most importantly, it’ll help ask what’s right for the future.

What you’ll takeaway by reading this ebook

The book is divided into two parts: during and after the pandemic. This is what we’ll do in each section:

Part 1: During COVID
1 | Take stock of expert opinions of COVID-19 and its expected duration.
2 | Assess and contextualize the risk for gastroenterology private practices using the lenses of clinical and business.
3 | Consider various scenarios using simple mathematical models.
4 | Explore the way forward for the business of gastroenterology.

Part 2: After COVID
1 | Explore a dystopian and fantastical day in the life of a gastroenterology from the After COVID period.
2 | Understand why the COVID period will create a void for routine healthcare cases and why technology will fill that gap.
3 | Five principles to traverse from During COVID to After COVID.


downloadnow

 

 

 

More Ebooks

30 Apr 2020

Private Equity in Gastroenterology: Navigating the Next Wave

Private Equity in Gastroenterology: Navigating the Next Wave


BookAuthority Best Gastroenterology Books of All Time
Whether you wish to stay independent or explore private equity, this ebook deals with issues you need to know today.

Private Equity in Gastroenterology is the synthesis of research and interviews with several GI leaders, conversations with PE funds, investment banks and CEOs of PE funded companies spanning several months. It’ll help you connect the dots and make sense of what’s underway.

• Investment thesis of private equity in gastroenterology (page 14)
• How did we get here? Where are we going? (page 9)
• What do PE funds look for in a practice? (page 20)
• What GI can learn from dermatology and ophthalmology? (page 40)
• Strategies to improve your EBITDA (page 22)
• Common types of investment models (page 34)

Bonus material includes interviews with GI leaders and industry insiders (page 44).
Plus, a list of 70+ private equity funds that invest in healthcare (page 67).

Sample Chapters:
1. Introduction and contents (3 pages)
2. With private equity in gastroenterology, the story has just begun (5 pages)


downloadnow

 

 

 

More Ebooks

02 Apr 2020

$2T CARES Act: What do GI practices need to know right now?

$2T CARES Act: What do GI practices need to know right now?

Tougher reimbursements. Higher operating costs. Increased regulations.
We have a system to help GI practices thrive, not just survive.
There are 4 main things you need to know now:
1/ Small Business Paycheck Protection Program ($349B)
2/ Economic Injury Disaster Loan Program ($10B)
3/ Public Health and Social Services Emergency Fund ($100B)
4/ Medicare Advance Payments
In this presentation, learn:
> how to compute the maximum loan amount you apply for under the PPP program. Even if you are a smaller or larger group.
> what are allowable expenses?
> how can a loan become a tax-free grant (free money)?
> how do you apply for the Economic Injury Disaster Loan program?
> can you get paid for your canceled procedures? (yes, start capturing for now)
> can you get paid from Medicare in advance?

[FREE EBOOK]
$2T CARES Act: What do GI practices need to know right now?
downloadnow

 

 

_

Originally featured in LinkedIn Pulse Healthcare, by Praveen Suthrum, President & Co-Founder, NextServices

07 Aug 2019

[Free Download] Private Equity Discussion Template For GI Practices

| Free Download | Private Equity Discussion Template For GI Practices

There have been 4 major PE-led deals to date in gastroenterology.  At least, 12 transactions are underway, including platform acquisitions.

If they haven’t already, private equity companies (or their platforms) will approach you soon.

It’s time to methodically consider which option is right for you and your practice. It’ll take time to achieve consensus.

There’s no right answer. But there’s definitely a wrong one: the one that isn’t well-thought through.

Download this PE strategy template to begin a discussion at your practice.


downloadnow

 

 

 

More Ebooks

01 May 2019

GI Practice Valuation – A 2,500 word guide on influencing EBITDA

GI Practice Valuation - A 2,500 word guide on influencing EBITDA


Whatever EBITDA is, it’s a hot term with medical practices these days. Because it’s a measure that investors value. Before exploring strategies to grow EBITDA, let’s first understand the elements of a basic financial statement and where EBITDA fits in.

• Revenues: Money that you make from insurance reimbursements, patient payments and so on
• Operational Costs: Money required to run operations
• Operational margin (or profits): Revenues minus operational costs
• Sales and General administration: Money that you spend on sales/promotions and to manage the overall company
• EBITDA (Earnings before interest, taxes, depreciation and amortization): Profits of your business after taking out most expenses but without considering taxes and certain accounting factors.

If it helps simply think of EBITDA as a measure of profitability or operational
performance.


downloadnow

 

 

 

More Ebooks

07 May 2018

Grow Your Lab Through Referrals

Grow Your Lab Through Referrals


Does your lab have an optimal referral volume?

Do your referrals grow every year? Or, stay the same?

Do you wonder how to improve referral relations and find new referral sources?

If you found yourself saying yes to any of these questions, read further.

This workbook will provide insight into:
–  How to segment your referrals
–  How to identify your short and long tail referrals Now, let’s get started

DOWNLOAD NOW

 

More Ebooks

11 Sep 2017

Referrals: Your Most Powerful Network

Referrals: Your Most Powerful Network


Do you have an optimal patient volume?

Do your referrals grow every year? Or, stay the same?

Do you wonder how to improve the number of new patients you see? By managing your referrals better.

If you found yourself saying yes to any of these questions, you should read this ebook.

Imagine checking your schedule and seeing a healthy schedule of appointments. Not just this week but many weeks hence.

Such outcomes are the result of building a strong referral network.

This ebook will provide insight into:
– How to identify your top referrals
– How to segment your referrals
– How to nurture your referral segments

DOWNLOAD NOW

 

More Ebooks

10 Jul 2017

Patient Ratings Booster Free Guide

Patient Ratings Booster Free Guide


One of the biggest challenge medical practices face is that of patient engagement. Yet, from time to time you come across practices that effortlessly manage great patient experiences.

Patients feel important. They are satisfied with their visit.
They leave the practice with a smile. Then even go online and rate them well.

The reality is most practices are often consumed by the challenges of staying operational. Billing. Coding. A/R. Denials. Compliance. Staff. And, they are all important.

However, what you don’t realize is, patients are your most under-used brand advocates. Quality of care is the single most important factor that builds trust among you and your patients.

From the way your front desk greets your patients to the check-in process to the way you interact with them. It’s the small things that make patients talk about their experience with others. And, even recommend you to other patients.

While there are several ways attract new patients, this guide focuses on using online reviews to attract new patients. Yes, you are a great doctor. Now, how do you get them to rate you online?

DOWNLOAD NOW

 

More Ebooks

03 May 2017

MACRA Survival Guide

MACRA Survival Guide


On Jan 1st, 2017, a new law to track physician performance went into first gear. It’s called MACRA.

MACRA is short for Medicare Access and CHIP Reauthorization Act of 2015, which was signed into law in April 2015. It’s an attempt to give carrots and sticks to clinicians. Payments or penalties based on quality of care.

MACRA’s intent is to pay clinicians based on outcomes. Have them compete with each other by issuing penalties for one half and incentives for the other.

MACRA measures are converted to a point-based system. Using
points, doctors are compared to other doctors. A score is derived
based on what they could’ve done vs what they did. That finally
determines how much someone makes.

The objective of this handbook is to help you understand MACRA and
provide clarity on the Merit-Based Incentive Payment System (MIPS).

DOWNLOAD NOW

 

More Ebooks

30 Sep 2016

10 Ways To Avoid Money Leaks & Grow Your Gastroenterology Practice

10 ways to avoid losses in your medical practice

Why is this important?

According to a recent survey, 46% of physicians said they faced a burnout from practicing medicine. Unable to bear the pressures of inane insurance requirements, expanding government regulations, time consuming technology mandates and challenges of managing a business, several doctors are quitting medicine to get their life back. Business of medicine has become overtly complicated. However, there are ways to bring balance and find your space to do what you love without being overwhelmed. Over the last twelve years, we’ve used these methods to help several doctors practice medicine profitably. These ten ways will help you keep your medical practice sustainable and profitable.


DOWNLOAD NOW

More Ebooks

[Free Ebook]
[Free Ebook]
[Free Ebook]
[Free Ebook]
[Free Ebook]
[Free Ebook]
[FREE GUIDE]
[FREE GUIDE]
[HOW TO GROW YOUR LAB THROUGH REFERRALS]
[HOW TO GROW YOUR LAB THROUGH REFERRALS]
[Adenoma Detection Rate Infographic]
[Adenoma Detection Rate Infographic]
[Referrals: Your Most Powerful Network]
[Referrals: Your Most Powerful Network]
[The Ultimate Guide To Boost Your Online Ratings And Grow Your Patient Volume]
[The Ultimate Guide To Boost Your Online Ratings And Grow Your Patient Volume]
[The Ultimate 13-Point Checklist To Increase Patient Volume]
[</span></span></span></span></span></span></span></span></span></span></span></span><span style="font-family: Lato;"><span style="font-size: 20px;">The Ultimate 13-Point Checklist To Increase Patient Volume</span></span><span style="font-family: Lato;"><span style="font-family: Lato;"><span style="font-family: Lato;"><span style="font-family: Lato;"><span style="font-size: 20px;">]
The Handy AR Bundle - 4 pre-designed templates to help you get paid faster]
[ </span></span></span></span></span></span></span></span></span><span style="font-family: Lato;"><span style="font-size: 20px;">The Handy AR Bundle - 4 pre-designed templates to help you get paid faster</span></span><span style="font-family: Lato;"><span style="font-family: Lato;"><span style="font-family: Lato;"><span style="font-family: Lato;"><span style="font-size: 20px;">]