The business of balancing the checkbook with compassion is one of the most important aspects of being a practice manager. There are several strategies that managers can employ to work with their employees to understand them better, which can benefit their staffs and increase the value of their practices.
It is no surprise that physicians are at a disadvantage when it comes to personal financial management. Although physicians receive the best medical training in the world, they are not provided with the knowledge necessary to deal with the business realities of practicing medicine or their financial well-being.
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