AMS - 211001 - Journal - VOL 118 - ISSUE 9 - Single Pages (2) | Page 17

FOR YOUR PRACTICE

Practice Management Then and Now

BY TEREASA HOMES , CMPE DIRECTOR OF PRACTICE AND HEALTH POLICY , ARKANSAS MEDICAL SOCIETY

How many times have you heard , “ Things are just not the same as they used to be !” This statement has never been truer than today , especially in the health care arena , but is this statement necessarily a dreadful thing ?

When you ’ re looking for a new employee , experience , knowledge , and resourcefulness are often words used to describe the most qualified candidate for a position . These three words are vital in daily operations within health care settings , as well . As we take a closer look into what each of these mean we realize :
• Experience cannot be taught ; it must be learned .
• Knowledge is ongoing but never fully obtained .
• Resourcefulness consists of experience and knowledge , both past and present .
When considering the great importance of these three characteristics in your work , one thing to remember is that resources are key when adapting to change . Management has been defined as “ the activity of using resources in an efficient and effective way so that the end product is worth more than the initial resources ,” and while that definition has been around for hundreds of years , the term “ practice management ,” seldom used 20 years ago , has evolved into a necessity for all clinic administrators and managers . Without implementing practice management principles , your job of staying abreast
of rules , policies , deadlines , and requirements can be overwhelming and often overlooked , causing a host of problems .
Since the Society ’ s establishment in 1875 , physicians and clinics have depended on the Arkansas Medical Society to help guide them through issues , and today AMS is one of the greatest resources available to assist with practice management needs within your clinic . Just in the month of February , AMS was contacted about numerous topics , including health care vaccination rules , medical records , closing a practice , contact information for carriers , and Covid vaccines , to mention a few . Whatever changes the next year , month or even day , may bring , AMS is dedicated to supplying the tools and resources needed to help your clinic be as successful as possible .
So to answer the question above , “ Things are just not the same as they used to be ” is actually not such a dreadful thing , as long as you have the right experience , knowledge , and resources !
As we get further into 2022 , my goal is to meet your educational needs on topics that are the most important to you . It could be refresher courses on coding or HIPAA , upcoming changes to Medicare or Medicaid , or free educational webinars to help your entire staff . Whatever it may be , I want to hear from you ! You can contact me at 501-224-8967 or email at tholmes @ arkmed . org . ■
Meet Your AMS

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Staff
We hope you are enjoying the redesigned Journal of the Arkansas Medical Society .
Laura Haywood Managing Editor
“ Management is “ the activity of using resources in an efficient and effective way so that the end product is worth more than the initial resources .”
If you want to reach Arkansas physicians from every medical specialty all over the state , we can help .
For advertising information , email ams @ arkmed . org or call 501-224-8967 .
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SPRING 2022 | VOLUME 118 | NUMBER 9 181