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Business Education Series

The business curriculum portion of The Indiana Hand Center’s Fellowship is unique. In addition to the clinical aspects of upper extremity surgery, our program includes an intensified business curriculum to prepare the Fellows for actually practicing in a private office/surgery center or academic setting. The syllabus for our Business Education Series is as follows:

• The Search Begins
-- What to look for in a new practice
-- The interview process

• Introduction to the Business of a Medical Practice
-- Joining an existing practice
-- Finance 101

• Billing and Coding Philosophies
-- Step-by-step review of clinical and surgical coding
-- Advanced coding: RVUs, review of concepts

• Customer Service and Professional Relationships

• Workmen’s Compensation

• Third-Party Payers

• Computer Software/Technology/Presentation Preparation

• Resource Issues
-- Hiring and firing
-- Salaries, wages and benefits

• Foundational Elements of Practice Development
-- Interpreting financial data
-- Risk management
-- Managed care overview

• Marketing/Patient Acquisition
-- Referrals
-- Media relations
-- Public relations and community involvement

• Legal Review
-- HIPPA
-- Depositions
-- Malpractice
-- Medical records
-- Release of information

• Retirement Planning and Personal Wealth

• Setting Up Your Practice and Being the Boss