At Physician Factor, we're passionate about supporting the knowledge transfer and shared expertise among physicians to drive improvements across healthcare, as well as career development. Here we spotlight news and trends of interest to physicians in our network.

What is Physician Factor? This knowledge exchange network is a dedicated portal for physicians seeking opportunities to contribute their expertise and input in exchange for compensation and supplemental income.

15May 2023

How to Manage Your Online Reputation for Patients Choosing Their Care

Before deciding on a physician, clinic, dentist, or another health care provider, most people scour local search results for medical providers and read reviews. In fact, about 94% of patients today use online reviews to evaluate providers. Even for routine exams or elective procedures, patients seek the peace-of-mind in knowing that their bodies and overall health are in trusted, professional hands.

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08May 2023

The Value of Nurse Practitioners

The number of nurse practitioners (NPs) is on the rise as more physician practices look to these professionals to meet growing healthcare needs. While all practices and MD/NP teams are different, many of the services NPs provide are the same, such as helping with routine physical exams, conducting examinations, and performing musculoskeletal screening. All of this can be done without supervision from the doctors.

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01May 2023

Top Interview Questions for Hiring Physicians

The interview lies at the heart of the hiring process. This face-to-face encounter enables physicians and other staff to get to know a candidate in ways that go beyond a resume on a desk and letters of recommendation. Here are five questions that can help a practice ascertain if a physician candidate will indeed meet their criteria.

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24Apr 2023

Digital Care Platform Helps Doc Trim Costs, Increase Patients and Boost Revenue

Dr. Ahmed Siddiqi, an orthopedic surgeon at Orthopaedic Institute Brielle Orthopaedics in New Jersey, started implementing models of digital, remote and hybrid care in early 2020. Siddiqi's goal was to effectively move more elements of in-person care into the home, including virtual check-ins, education and physical therapy. With effective digital and remote care via remote therapeutic monitoring, he has been able to solve more substantial problems.

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17Apr 2023

Private Practice Vs Hospital Employment—Which Suits You Best?

Choosing to work for a private practice or become a hospital employee after residency is a major decision that can affect every aspect of your life. Therefore, it is important to understand who you are and what you want, and to define your goals for your professional and personal life before making this decision.

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10Apr 2023

Is There a Role for ChatGPT in Healthcare?

ChatGPT is a chatbot that uses artificial intelligence (AI) to echo intuitive human conversation. In the healthcare arena, ChatGPT could be applied to a variety of areas, including automating patient records and drafting medical reports. For example, ChatGPT could serve as a digital assistant to physicians by performing various administrative functions, thereby allowing them to expedite the process of assessing patients’ needs.

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03Apr 2023

What Physicians Should and Should Not Do to Protect Their Assets

Asset protection is a necessity for any physician, regardless of variables like specialty or work setting. Physicians should consider asset protection strategies before they face any malpractice suits. Physicians who engage in financial wellbeing due diligence typically invest their money in protected accounts like 401(k) retirement accounts or in primary residence equity. In addition, such doctors will invest in quality malpractice insurance, which will protect them for up to specified amount of damages.

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27Mar 2023

Paying It Forward: My Life as a Physician-Mentor

Mentoring is a great opportunity for residents and early-career physicians to grow personally and professionally. All residents are already mentors, whether they realize it or not. They mentor the medical students that rotate with them, and the younger generation of residents that come after them.

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20Mar 2023

4 Key Marketing Tactics to Boost Patient Acquisition and Retention

Navigating the uncertain economic climate can be daunting for independent medical practices looking to attract and retain new patients in light of inflation, rising interest rates, and a potential recession. It’s time to get smart about your patient acquisition and retention plan to keep your practice thriving during this turbulent time.

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13Mar 2023

Health Care Hiring Trends Physicians Need to Know

Now that federal spending on health care workers has diminished, and with the Public Health Emergency declared for the pandemic to expire on May 11, the health care labor market is undergoing a fundamental shift, which will bring a new set of opportunities for hospitals and health systems in 2023 and beyond.

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