Running a medical practice takes hard work, dedication, and unfortunately - involves a lot of expenses. Like with any other business, it is important to be aware of all the costs you’ll be incurring for your clinic so you can plan accordingly.
The Ultimate Medical Practice Operating Expenses Checklist
Topics: Marketing, Business Growth, Operations, HIPAA, Social Media, Practice Management, Patient Volumes, ICD-10, Practice Start-Up, Medical Billing, Consulting
In today’s society, potential patients look to online resources for everything. Studies show that 80% of potential new patients search for health-related topics online before they reach out to any professional. This is why online marketing is key to growing your medical practice.
Topics: Marketing, Business Growth, Compliance, Financial
In previous blog posts, we’ve spent some time talking about the steps that go into starting your own medical practice.
Topics: Operations, Practice Management, Financial, Medical Billing
Understanding Stark Law and Its Possible Implications To Your Practice
Operating a medical practice means working in cooperation with other healthcare professionals. However, concerns about referrals between facilities for the wrong reasons have led to regulations and legal consequences.
Topics: Operations, Compliance, Liability, Practice Management
Comprehensive Checklist of How to Start a Medical Practice in Texas
If you’re looking to start a medical practice in Texas, you may be wondering “How the heck do I do this on my own?” or “Where do I start?”
We provide this exact guidance for clients every day. Like any major project, the key is to divide and conquer.
Here’s our working checklist for starting a medical practice in Texas, in no particular order of importance.
Topics: Business Growth, Operations, Practice Management, Practice Start-Up
The coronavirus pandemic shut down the entire world at various points and for extended periods. Healthcare professionals found themselves struggling to find the best ways to help patients, working in a world where social distancing was necessary and health was a valued commodity. Society, meanwhile, discovered that a work-life balance was a higher priority than it had been given of late and began taking steps to change lives for the better.
Topics: Business Growth, Operations, Compliance, Practice Start-Up, Physician-Patient Relationship
How Practice Management Services Can Improve Patient Volumes
Topics: Marketing, Business Growth, Operations, Practice Management, Patient Volumes, Financial
Today’s world has integrated technology into every aspect of our lives, and medical practices are finding that patients, particularly Millennials and Gen Xers, are prioritizing partnerships where virtual staff integration is commonplace. One example is appointment scheduling: in 2021, a Harris Poll Survey found that 68% of all patients expect to be able to book appointments for well visits or other health concerns online.
Topics: Operations, Practice Management, Technology
Here’s the bottom line: you’re wasting time and money doing your own credentialing. Find out how to avoid wasting precious time and money.
Topics: Credentialing, Enrollment
The Importance of Virtual Care Solutions for Smaller Medical Practices
Once novel concepts in healthcare; telehealth and virtual care have become a common practice throughout the industry. Not only do these care options simplify the patient’s healthcare journey, but they present numerous opportunities for physicians to maximize the possibilities of care they can provide. The sudden onset of COVID-19 pushed these means of patient evaluation and treatment to the forefront of medicine, reinventing older concepts of personalized care and getting necessary treatment- fast.