The Corner Series Podcasts with Geoffrey Cockrell: HR, Accounting, Finance, and AI in Medical Practices

Geoffrey Cockrell, host of McGuireWoods’ “The Corner Series,” podcast recently interviewed Erik Miller, President of MedHQ, to discuss how MedHQ assists physician practices, outpatient surgery centers, and health systems in managing complex strategic and operational functions. During their conversation, they delved into the challenges as healthcare moves to new points of care. Some highlights include: Why more practices should consider an ASC

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Case Study: Transforming HR Operations at a Physician-Owned Hospital

Overview When physician-owned Orthopaedic Hospital of Wisconsin (OHOW) began looking for a new Human Resources (HR) partner, they wanted someone who understood the unique needs of surgical facilities and they needed a nimble, responsive, and high-quality provider network to support their HR, recruiting, and operational demands.   “Getting HR right is critical for our partners and the 325 dedicated team members

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How the Staffing Shortage Impacts Your ASC’s Financial Health

The challenges of staffing healthcare facilities today are undeniably daunting. The healthcare sector has the highest number of unfilled positions nationwide, totaling 335,017 open job listings as of February 2024. According to a 2024 ERCI report, US healthcare employment across the continuum remained nearly half a million jobs below projected levels based on pre-pandemic trends. Basic supply and demand principles have come into

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Top 3 Most Under-Utilized Healthcare Benefits and How to Encourage Employees to Use Them  

A competitive benefits package is often ranked among the top considerations for job seekers. And having a strong benefits package can signal to potential employees that you value their well-being and are committed to supporting them in all aspects of their life, including their health, financial stability, and work-life balance.   Prioritizing the health and well-being of your employees includes teaching

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How to Mitigate the 3 Top Human Resources Risks  

Mitigating risks is a key component of human resources. There are inherent risks associated with hiring, retaining, training, and managing people — and to avoid those risks, it’s important to take a proactive approach to HR planning. If you ignore potential problems, hoping they will go away or resolve themselves, you can face serious operational and financial consequences down the

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MedHQ Launches New Recruiting Service to Help Healthcare Businesses Solve Staffing Challenges

The MedHQ Talent Portal is a centralized platform to recruit and manage hard-to-find clinical and non-clinical staff CHICAGO – April 26, 2023 – MedHQ, a leading provider of technology-enabled expert services including human resources, staffing, financial management, and advisory to outpatient healthcare providers across the country, launches a new and exclusive Talent Portal, a centralized platform to hire difficult-to-find talent,

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Education and Long-term Focus Needed to Improve ASC Diversity and Inclusion

As current events and the Black Lives Matter movement spark introspection and action among businesses nationwide, the ambulatory surgery center (ASC) industry too is taking a hard look at best practices for diversity and inclusion. And while the issue is breaking news today, MedHQ’s Chief Operating Officer Rita Hernandez Figi believes a long-term approach, creating a new mindset and programs,

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What Does Digital Transformation Mean in HR?

As technologies evolve, so do people, processes, and priorities. Digital transformation occurs when organizations change traditional business practices into new digital methods to improve efficiency and better achieve internal (employee-facing) and external (customer-facing) objectives. Global spending on the technologies and services that enable digital transformation is expected to reach $2.3 trillion in 2023, according to data from the International Data

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Case Study: The Surgery Center of Lynchburg

Situation The Professional employer organization (PEO) industry has been around for about as long as the freestanding ASC industry. The Surgery Center of Lynchburg, a long-established ASC, became interested in the PEO model and recognized a strategic fit with the ASC environment. When the ASC board of managers ultimately made the decision to switch its HR & employment services from

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