Practice Management News and Education

Achieve Practice Management Excellence With CAP’s New Online Course

The Successful Practice Manager is a free online practice management course developed by the Cooperative of American Physicians (CAP) to help independent medical practices effectively manage their administrative and business operations.

Exclusively for CAP Physician Members and Practice Administrators

This program consists of six modules addressing the fundamental areas of practice management.

Training new employees in healthcare is not just a task on your to-do list, it is an opportunity to shape how your team functions, communicates, and cares for patients. With staffing shortages, heavy workloads, and constant changes, getting a new team employee up to speed can feel like a full-time job. A well-structured training approach can empower new hires, enhance teamwork, and improve patient care. 

Managing an independent medical practice is not easy. Juggling workflows, billing, and ever-changing regulations can feel like a never-ending challenge. That’s where My Practice, a CAP member exclusive benefit, can provide guidance. 

What Is My Practice?

My Practice offers free practice management consulting to help physicians and their staff navigate the complexities of running a practice for enhanced efficiency and profitability. CAP members can get customized support in key areas of practice management operations. 

On November 1, 2024, the Centers for Medicare & Medicaid Services (CMS) released the final rule for the 2025 calendar year (CY), which includes significant updates to the Medicare Physician Fee Schedule (PFS) and the Quality Payment Program (QPP). 

The new payment rates and telehealth guidelines took effect on January 1, 2025. The projected 2.83% reduction in payment rates is expected to have a financial impact on physician practices, particularly as operational costs continue to rise.