BCPHA, Physicians Practice and Area Professionals Partner to Improve Patient Care
Physicians Practice and an alliance of businesses in Bucks County have joined forces to help provide area physicians and their staff more time to devote to patient care. This new partnership is a unique program designed to help doctors in Bucks County better handle the cumbersome and time-consuming issues of managing a busy practice. Members of the Bucks County Partners include the Bucks County Physician Hospital Alliance, Doylestown Hospital, Fox Rothschild LLP, Harleysville National Bank and The Selzer Company.
Through this new collaboration, the Bucks County Partners will use Physicians Practice's extensive resources to deliver essential practice management tools to help local physicians manage the business aspects of medicine more efficiently and effectively. Physicians' need for practice management information is an ever-increasing one. According to Pricewaterhouse Coopers, every hour a physician spends with a patient results in 36 minutes of paperwork. Additionally, the cost of running a medical practice has increased and now consumes as much as 62 percent of the revenue (2007 Medical Group Management Association Cost Survey), while reimbursement continues to decline from year to year (2006 and 2007 Physicians Practice Fee Schedule Surveys). Furthermore, according to the 2008 Future Physicians of America Survey, nearly 70 percent of medical students do not feel adequately prepared for managing or owning a practice in the future.
Under their new partnership, the Bucks County Partners will sponsor the distribution of Physicians Practice, America's Leading Practice Management Journal, to approximately 500 local doctors in Bucks County. Physicians Practice will be mailed monthly, beginning in May 2009, and will serve to help physicians and their office staff address the numerous challenges faced by today's medical practices. The journal will also feature a section sponsored and written by the Bucks County Partners highlighting updates on business services relevant to doctors and the hospital's latest clinical offerings, as well as articles of interest to physicians in the region.
"Partnering with Physicians Practice is a unique opportunity to help us connect with local physicians," says Mark Connolly, Vice President of Private Banking of Millennium Wealth Management, a division of Harleysville National Bank. "We are pleased to offer doctors a practice management journal aimed to ensure their success."
"It is great to be able to work with the Bucks County Partners to bring practice management information and resources directly to physicians in Bucks County," says Marcy Holeton, Senior Vice President and General Manager of CMPMedica US. "Our expertise in practice management and technology will help medical practices in Bucks County to spend less time on business and more time with patients."
About Physicians Practice
For more than 18 years, healthcare executives have turned to Physicians Practice to help them cultivate physician relationships. Physicians Practice journal maintains approximately 60 hospital partnerships and is distributed to nearly 260,000 practicing physicians. We create award-winning content and multimedia services to help community-based doctors in the United States and Canada strengthen their practice operations, which ultimately improves patient care. Physicians Practice is owned by CMPMedica, a division of United Business Media. Visit www.PhysiciansPractice.com for additional information about our acclaimed healthcare business education solutions.
About Doylestown Hospital and the BCPHA
Doylestown Hospital is a comprehensive, community-focused healthcare facility serving patients and families in the northern suburban communities of Philadelphia, including Bucks and Montgomery Counties in Pennsylvania and Hunterdon and Mercer Counties in New Jersey. Founded in 1923 by the Village Improvement Association (V.I.A.), our energies are always directed toward fulfilling a key phrase in our Mission Statement: to provide a responsive, healing environment. Doylestown Hospital is a regional healthcare resource with 208 beds and 380 physicians in 42 specialty areas. The BCPHA is a partnership between Doylestown Hospital and nearly 400 independent physicians who are on the Medical Staff of the hospital.
About Fox Rothschild
Fox Rothschild LLP (www.foxrothschild.com) is a full-service law firm built to serve business leaders. Our Health Law Practice attorneys understand the complexities of the ever-changing, highly regulated health industry. Physicians come to us because we understand their issues, their priorities, and the way they think. We help our clients manage risk and make informed decisions by offering practical, innovative advice.
About Harleysville National Bank
Millennium Wealth Management, with assets under management of $2.7 billion, provides investment, trust, insurance, financial planning, and private banking solutions to businesses and individuals. It is a division of Harleysville National Bank, a wholly-owned subsidiary of Harleysville National Corporation (Nasdaq: HNBC). To learn more about Millennium Wealth Management visit www.millenniumwealth.com or call 1-888-611-7400.
About The Selzer Company
The Selzer Company is located in Warrington Bucks County. We specialize in medical liability, business, workers compensation, automobile & homeowners insurance. We are now in our 25th year of serving the community. www.selzercompany.com
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