News & Trends – Page 5 – Physician Factor

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.

16Jan 2023

How Physicians Can Avoid Making Common Financial Errors

While earning a high income certainly benefits physicians, it is also accompanied by the increased possibility of financial errors. Physicians must learn how to both keep more of what they earn and build upon what they have. Also, physicians must consider not only their existing reality but also the what ifs that could potentially crop up unexpectedly.

19Dec 2022

Wellness Roadmap For Physicians This Holiday Season

Physicians have a lot on their holiday plates. Ever-demanding professional responsibilities coupled with an inability to spend enough time with loved ones can impair doctors’ mental and physical well-being, possibly putting them at risk. But there are strategies that may help ensure their wellness during the holidays.

12Dec 2022

Culture of Self-Sacrifice

There are many factors influencing the push for physicians to do more and measure productivity. However, the work of a physician cannot be broken down into widgets; this is highly skilled work that ebbs and flows and is in no way constant. The culture of team-based care, collaboration, and physician workload must be continually re-examined and expectations re-set if we are truly dedicated to maintaining the physical and mental health of our physician workforce.

05Dec 2022

3 Revenue Management KPIs People Don’t Talk About

Incorporating these 3 KPIs into your analysis will help you identify issues in a timely manner and improve collections and cash flow.

28Nov 2022

Red-Flag Warning: When Is It Time to Leave a Toxic Healthcare Workplace?

Recognizing the signs of this kind of workplace is the first step toward developing strategies to make it more bearable and sustain long-term employment. Toxic workplaces are a far too common reality in medicine. It’s important to identify these situations based on the signs and take steps to alleviate the stress. Sometimes that may mean looking for new employment. There are, however, strategies that can be employed to possibly improve your work situation before you consider quitting and working elsewhere.

21Nov 2022

4 Qualities of Compassionate Leaders Who Reduce Burnout, Turnover

Studies show making system changes that improve the environment physicians are working in are the real way to help reduce stress, improve an organization’s financial health, lower the turnover rate and bring back joy in medicine.

14Nov 2022

Patient Satisfaction with Telemedicine About Equal to In-Person Visits

A study found patients were just as satisfied with telemedicine visits as in-person appointments. “It is important that health care organizations do not exclusively target telemedicine to their younger, more tech-savvy, patients,” the study said. To be successful with telemedicine, organizations should make scheduling telemedicine appointments at least as easy as scheduling in-person visits.

07Nov 2022

When Getting Healthcare in the Home Makes Sense

Where home care can really shine is within value-based care arrangements. Finding out someone has hypertension early can lead to medication that reduces the likelihood of heart failure, and paying for an in-home checkup is well worth the expense for the overall savings it can confer to whoever has payment responsibility.

31Oct 2022

Temporary vs. Permanent: Is it Time to Restructure Physician Work?

While there is no silver bullet solution, we can agree that what’s really important is patients having access to quality, credentialed providers.

24Oct 2022

Getting Men More Engaged in Their Healthcare

Men avoiding the doctor is nothing new. According to a 2019 online survey by Cleveland Clinic, among men 18 years or older, 82% said they try to live more healthfully for their friends and family—however, only 50% of those surveyed actually participate in preventative care.

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