Management consultants like to advise their clients to perform a SWOT analysis on a regular basis, because it is an effective tool for strategic planning. In the current environment, it is especially important to honestly identify internal strengths and weaknesses and external opportunities and threats. Successful practices use this tool to constan...

You just know it when it happens. It is that sudden shift in events that eerily presages a change in one's fortunes—and not necessarily for the better. For decades now, anesthesia practices have been able to rely on certain unchanging rules when it comes to the reimbursement of the providers' services. This includes those groups that utilize certif...

Vendors of automated anesthesia record systems would have you believe they are practically god's gift to the specialty of anesthesia. They will capture more information about each anesthetic more conveniently and report it back more legibly than paper records ever could. They will also enhance the completeness and accuracy of billing by ensuring th...

As we close out 2022, most of our clients are wondering what their revenue will be for calendar 2023. It is a very good and useful question. The fact is that there are three distinct variables in the revenue equation, and each has been impacted by a variety of internal and external factors. The three factors are the volume of cases, the acuity of c...

You're doing fine. At least in terms of your own personal bubble, things seem to be okay. But there are forces from without that may soon push and poke at that bubble. Consider the chaos that is certain to ensue when the bubble finally bursts.Summary: While anesthesia groups may be chugging along just fine, there are stressors being felt in the hea...