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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.
Topics: Business Growth, Operations, Practice Management, Financial, Practice Start-Up, Location
If your business provides a service, you should be paid for that service - and that includes private medical practices!
Topics: Business Growth, Practice Management, Financial, Practice Start-Up, Medical Billing
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.
Topics: Business Growth, Compliance, Liability, Practice Management, Financial
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.
Topics: Business Growth, Credentialing, Practice Management, Financial, Practice Start-Up, Medical Billing
As we get further into the new year, many practitioners are addressing aspects of their practice management that they feel could use expanded upon.
Topics: Credentialing, Enrollment, Practice Management, Financial, Coding, Practice Start-Up
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!
Topics: Business Growth, Practice Management, Patient Volumes, Financial, Medical Billing
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.
Topics: Business Growth, Practice Management, Financial, Medical Billing, Consulting
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.
Topics: Business Growth, Practice Management, Patient Volumes, Financial, ICD-10, Medical Billing
As many practices around the world are beginning to implement telemedicine visits in their daily schedules, many people are benefiting from the added safety of not having to visit a doctor’s office in person during a global pandemic.
Topics: Operations, Financial, Medical Billing
In our last post, we discussed some practice considerations that could come up as telemedicine becomes more prevalent - especially as we navigate a global pandemic. In addition to those practice considerations, expense management is also a major facet of implementing telemedicine services in your office.
Topics: Marketing, Business Growth, Operations, Liability, Practice Management, Financial, Medical Billing
