Preparing for the unexpected in your medical practice
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Preparing for the Unexpected Jay A. Shorr, BA, MBM-C, CAC I-VII, Managing Partner (e) [email protected] (p) 561-289-4640 (w) www.TheBestMBS.com Facebook.com/TheBestMBS Twitter: @TheBestMBS
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Transcript of Preparing for the unexpected in your medical practice
Preparing for the Unexpected Jay A. Shorr, BA, MBM-C, CAC I-VII, Managing Partner
(e) [email protected] (p) 561-289-4640 (w) www.TheBestMBS.com
Facebook.com/TheBestMBS Twitter: @TheBestMBS
� Medicine is a science
� Medicine is a way to heal the sick and injured
� Medicine is a way to keep our patients looking young and beautiful
� Medicine is still one of the most respected professions today
� MEDICINE IS A BUSINESS!
Preparing for the Unexpected
Preparing for the Unexpected
You can plan all you want, but in the end, life doesn’t always hand you the world you had planned.
FIRE!
© Laukas | Dreamstime Stock Photos
Preparing for the Unexpected
ACCIDENT!
© Susan Quinland-stringer | Dreamstime Stock Photos
Preparing for the Unexpected
ILLNESS…
OR DEATH!
© S
ophi
eso
| Dre
amst
ime
Sto
ck P
hoto
s
Preparing for the Unexpected
SHOCK DENIAL ANGER FEAR BALANCE HARMONY
Stages
Preparing for the Unexpected
Your safe dollars… turn into pennies.
Preparing for the Unexpected
Your team:
Preparing for the Unexpected
Medical Accounting Legal
Behind every difficulty lies opportunity.
Preparing for the Unexpected
Preparing for the Unexpected
STOP THE BLAME! Why is it that when it comes time to spotting the faults of
others.…everyone always seems to have 20/20 vision?
Why is it that “TROUBLE & PROBLEMS” are the one thing where “supply” always exceeds “demand”?
� Professional Evaluations: � Value of Your Practice (PERCEIVED vs. ACTUAL)
� Assets (CURRENT vs. OUTDATED list) � Real Estate
� Employee Base � Revenue � Website
Preparing for the Unexpected
� Create a plan for: � Locum Tenens (Q6 Modifier)
� New Associates � Life Insurance Amounts (Partners and Family)
� Irrevocable Life Insurance Trusts � Altering Your Branding and Your Website
Preparing for the Unexpected
It takes over 20 years to become an overnight
success… and when you wake up, you find you weren’t asleep at all.
Preparing for the Unexpected
Preparing for the Unexpected
The unexpected is NOT a team sport!
You HAVE to be on top of your game!
Preparing for the Unexpected Jay A. Shorr, BA, MBM-C, CAC I-VII, Managing Partner
(e) [email protected] (p) 561-289-4640 (w) www.TheBestMBS.com
Facebook.com/TheBestMBS Twitter: @TheBestMBS
