Medical Practice Management Books, Journals and Articles for Physicians, Practice Administrators and Doctors' Office Managers

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Banking: Shop and Compare

Banking: Shop and Compare


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Jennifer A. O’Brien, MSOD, and Sherry DeJarnette, CPA
 
There are many reasons to take a critical look at the practice’s banking relationship(s)—technology advancements, security measures, improvements in available services, recent banking enhancements designed specifically for medical practices, the impact of the financial crisis on bank ratings and stability, changing practice needs, opportunities for operational automation at the practice—and it is just simply smart to periodically evaluate and compare the features, pricing, and potential savings offered by vendors.