In recent weeks’ blog posts, we’ve spent some time talking about the steps that go into starting your own medical practice.
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.
If your business provides a service, you should be paid for that service - and that includes private medical practices!
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.
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.
You may have read the title of this post and asked yourself “how are practice management services and patient volumes even related?”
As we get further into the new year, many practitioners are addressing aspects of their practice management that they feel could use expanded upon.
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!
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.
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.