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Fundamentals of Medical Practice Management 2nd Edition By Wagner, Stephen L

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Pages: 493
File size: 35.14 MB
Format: Digital PDF
Course: Education
Category: eBook[PDF]

About this ebook

The Fundamentals of Medical Practice Management, Second Edition by Stephen L. Wagner, PhD, FACHE, LFACMPE, published by the Health Administration Press / ACHE, provides an all-encompassing look at the day-to-day operations, business strategies, and regulatory environments of running a modern medical practice. [1, 2]

The second edition updates core operational concepts while heavily introducing new material on modern healthcare disruptions, such as the fallout from the COVID-19 pandemic, staffing challenges, and emerging technical tools. [1, 2]

Core Foundational Areas

Operations Management: Deep-dives into daily office workflows, patient flow optimization, and general administrative architecture. [1, 2]
Regulatory Compliance & Law: Essential guidance on contract law, risk management, HIPAA requirements, and the vast legal frameworks practice managers must navigate. [1, 2]
Financial Management & Revenue Cycle: In-depth coverage of billing and coding protocols, navigating third-party payers, insurance systems, and maintaining overall financial health. [1, 2]
Human Resources Management: Focuses on staffing models, employee retention strategies, team dynamics, and overcoming workforce burnout. [1, 2]
Strategic Planning & Marketing: Guidelines on long-term strategy, building project management pipelines, practice models, and public-facing marketing. [1, 2]
Quality & Performance Improvement: Heavily influenced by quality guru W. Edwards Deming, this sections highlights emergency preparedness, patient safety, and systematic excellence. [1, 2]

New and Updated Topics in the 2nd Edition

Pandemic & Crisis Fallout: Addressing the structural effects of the COVID-19 pandemic, managing severe staff burnout, and establishing resilient crisis management blueprints.
The Shifting Practice Landscape: Analyzing modern consolidation trends, mergers, and the economic decline of the traditional independent practice.
Advanced Healthcare Technology: New chapters and expanded focus covering telehealth/telemedicine operations, Artificial Intelligence (AI) implementation, and complex medical system integration.
Cybersecurity: Protecting patient data ecosystems and mitigating digital risks or data breaches within connected medical practices.
Workforce Diversity & Inclusion: Comprehensive updates focusing on cultural competency, gender equity in medicine, and progressive workplace inclusivity.
Complementary and Alternative Medicine (CAM): New evidence-based research regarding how alternative therapies integrate into standard medical practice operations. [1, 2, 3, 4]