99MGMT Blog

Important Partnerships to Have When Starting Your Own Practice

Posted by 99 MGMT on Mar 22, 2021 2:38:28 PM

Starting your own medical practice is a huge undertaking, and it is virtually impossible to handle all by yourself. As you are planning for your new practice, there are several kinds of people who you will need to help you along the way, and we’ll be discussing those partnerships today.

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Topics: Business Growth, Operations, Practice Management, Financial, Practice Start-Up, Location

Private Medical Practice Billing Tips & Guidelines

Posted by 99 MGMT on Mar 10, 2021 7:09:17 AM

If your business provides a service, you should be paid for that service - and that includes private medical practices!

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Topics: Business Growth, Practice Management, Financial, Practice Start-Up, Medical Billing

Anti-Kickback Statute & Stark Law: Everything You Need to Know

Posted by 99 MGMT on Feb 23, 2021 10:22:09 AM

As with any business, there are certain laws and regulations put in place that exist solely to protect patrons of those businesses, and medical practices are no exception.

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Topics: Business Growth, Compliance, Liability, Practice Management, Financial

The Ultimate Physician Credentialing Checklist

Posted by 99 MGMT on Feb 11, 2021 8:05:46 AM

Whether you’re starting a new practice or you’re adding additional practitioners to your clinic, they all have to go through the physician credentialing process.

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Topics: Business Growth, Credentialing, Practice Management, Financial, Practice Start-Up, Medical Billing

How Practice Management Services Can Improve Patient Volumes

Posted by 99 MGMT on Feb 10, 2021 9:10:27 AM

You may have read the title of this post and asked yourself “how are practice management services and patient volumes even related?”

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Topics: Marketing, Business Growth, Operations, Practice Management, Patient Volumes, Financial

5 Things to Remember When Naming Your Medical Practice

Posted by 99 MGMT on Jan 14, 2021 1:53:10 PM

As the new year approaches, many medical practitioners are reevaluating their career trajectory, especially in the wake of an economy-shaking pandemic.

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Topics: Marketing, Business Growth, Operations, Practice Management, Practice Start-Up

Are You Satisfied with Your Current Medical Billing Process?

Posted by 99 MGMT on Dec 30, 2020 2:19:41 PM

As this most tumultuous year comes to a close, many businesses are taking this time to evaluate their performance over the past 12 months, as well as considering their goals for 2021 and beyond - and your medical practice should be no different!

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Topics: Business Growth, Practice Management, Patient Volumes, Financial, Medical Billing

How to Determine if Outsourcing Revenue Cycle Management is Right for Your Practice

Posted by 99 MGMT on Dec 22, 2020 1:43:01 PM

When it comes to running a private medical practice, handling all of your own Revenue Cycle Management (RCM) in-house can take up more time than you have to spare.

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Topics: Business Growth, Practice Management, Financial, Medical Billing, Consulting

Are You Getting the Most Out of Your Medical Billing Service?

Posted by 99 MGMT on Nov 27, 2020 11:00:00 AM

Medical billing is the middleman between a medical facility and an insurance company, so it’s safe to say that it’s a pretty important step in the process of running a practice.

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Topics: Business Growth, Practice Management, Patient Volumes, Financial, ICD-10, Medical Billing

The Ultimate Medical Practice Operating Expenses Checklist

Posted by 99 MGMT on Nov 10, 2020 6:00:00 AM

Running a medical practice takes hard work, dedication, and unfortunately - 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.

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Topics: Marketing, Business Growth, Operations, HIPAA, Social Media, Practice Management, Patient Volumes, ICD-10, Practice Start-Up, Medical Billing, Consulting