Description
This course is geared towards different business aspects of the various practices of metabolic and bariatric surgery. It addresses various concerns and obstacles in the business aspect of bariatric practices in both worlds, private and employed, including academic employment. The course touches on the basics, including contracting and maintaining a viable and profitable practice, all the way to best planning for exit strategy and retirement. Hot topics are also discussed such as the business aspects of medical weight management, ambulatory surgery centers, private equity and others
Learning Objectives
- Learning the basics of finances in bariatric practices
- Best practice in billing and collection, and what not to do in order to avoid penalties.
- Best way to read, comprehend, and negotiate employment contracts in both, the academic and private sectors
- Understanding the ROI (Return On Investment) concept when evaluating different marketing tools
8:00am |
Introductions/Welcome Rami Lutfi, MD FACS FASMBS |
8:05am |
Finance 101: An Introduction to the Language of Finance. Peter C Ng, MD FACS FASBMS |
8:20am |
Bariatric Surgery and Your Hospital: Understanding Contribution Margin Siva Vithiananthan, MD FACS |
8:35am |
Hiring and firing. How to afford the best team Aurora D Pryor |
8:50am |
Optimizing Billing in Bariatric Surgery Benjamin Clapp, MD FASMBS |
9:05am |
“Do Not Do” list in billing and collections Christopher Northup, MD |
9:15am |
Profit=Collection-Overhead; Staying Positive Colleen I Kennedy, FASMBS MBA MD |
9:30am | Break |
Financial Nuances In Employment Contracts |
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10:00am |
Optimal practice debate: Private Practice Pearl Ma, MD FACS FASMBS Diplomate of ABOM |
10:05am |
Optimal practice debate: Healthcare System/Hospital Employment Joshua D. Pfeiffer, MD FACS FASMBS |
10:10am |
Optimal practice debate: Academic Ricard Corcelles, MD PhD |
10:15am |
Optimal practice debate: Rebuttal Pearl Ma, MD FACS FASMBS Diplomate of ABOM; Joshua D. Pfeiffer, MD FACS FASMBS; Ricard Corcelles, MD PhD |
10:21am |
The Chaos Between SEO and Organic Growth. Where Do I Invest My Marketing Dollars? Carl Pesta, DO FASMBS |
10:31am |
Social Media Platform; Can The Free Marketing Be Best Marketing? Camilo Boza, MD |
10:41am |
I’m I Too Young to Think Retirement? Enjoying The Presence While Securing The Future Jeremy Sassanella |
10:50am |
Question and Answer |
11:05am |
Medical Weight Management; Turning The Competition To Profit Carlos Galvani, MD FACS |
11:20am |
Apps and Gizmos, Essential or Luxury? Mona Misra, FACS FRCSC FASMBS MD |
11:35am |
Untangling Private Equity Sunil Bhoyrul, MD |
11:45am |
Thinking ASC? All You Need to Know For The Right Decision Bo Neichoy, MD |
11:55am |
Questions and Conclusions |
12:00pm | Adjourn |