Accounting, Bookkeeping is not Healthcare
Or is it? We can’t help patients, cure disease or fix trauma without a healthy practice.nnMany providers have sought the perceived safe harbor of hospital employment. That is OK for some, a good idea for others but, in my experience, a huge mistake for most. It is also my experience that the reason used to make the mistake is, at the end of the day, bookkeeping or the lack of it being done properly. Private practice is a business and, when run successfully with good operations, good and honest information and analysis, and well thought–through strategic decision–making, the last and worst option is hospital system employment.nn
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About R. Todd Welter • MS, CPCnFounder and President of Welter Healthcare Partners
nMr. Welter has over 25 years of healthcare industry experience assisting physicians and other providers, hospitals and other facilities with the business side of medicine. Through strategic planning and analysis, Mr. Welter’s main focus is to strategically increase revenues and profitability in this radically changing health care environment. Mr. Welter has a Masters Degree in Organizational Leadership from Regis University in Denver where he has had an appointment as affiliate faculty in the School for Professional Studies for over ten years. In addition, Mr. Welter holds a faculty appointment at the University of Denver’s University College. In the Health Care Leadership program he teaches Macro Economics in Health Care and Innovative Strategies and Change in Health Care to graduate students.
Z56.6 — Other physical and mental strain related to worknnZ56.5 — Uncongenial work environmentnnZ56.3 — Stressful work schedulennZ56.4 — Discord with boss and workmates
Are there advantages of a single payer system? Some say there are.nnI happen to not be one of them. Rather we really desperately need more payers, more choice, more competition, more access and a lot more imagination.nn nn
A07.1 – Giardiasis [lambliasis]nnY93.01 – Activity, hikingnnY92.828 – Stream as the place of occurrence of the external cause
Welter Healthcare Partners strongly believes that transparent competition among payers and providers regarding value and cost is the only way to make the delivery of health care more effective and efficient.