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Expense Management in the Telemedicine Era

Posted by 99 MGMT on May 6, 2020 2:13:50 PM

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.

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Topics: Marketing, Business Growth, Operations, Liability, Practice Management, Financial, Medical Billing

Tips for Managing Medical Practice Expenses to Lower Your Overhead

Posted by 99 MGMT on Mar 5, 2020 11:07:42 AM

Here at 99MGMT, our primary goal is to help medical practices run as efficiently as possible, and one of the most impactful ways to help overall performance at a practice is to decrease expenses to increase revenue.

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

Increasing Medical Practice Financial Health with These 5 Metrics

Posted by 99 MGMT on Jan 27, 2020 1:07:45 PM

When you spend every day caring for your patients’ health, it can feel like a hassle to think about managing your practice’s financial health as well. As cumbersome as it can be, staying on top of your practice finances is the key to many years of continued operation.

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Topics: Operations, Practice Management, Financial, Medical Billing

3 of the Biggest Challenges in Healthcare Recruiting

Posted by 99 MGMT on Jan 22, 2020 2:13:35 PM

As anyone who works in healthcare knows, you can’t provide the best service to your patients if you don’t have the best staff working in your practice. Often times though, recruiting can be harder than it sounds.

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Topics: Marketing, Business Growth, Operations, Compliance, HR, Practice Management, Patient Volumes, Financial, Practice Start-Up

5 Steps to Verify Patient Insurance as the New Year Begins

Posted by 99 MGMT on Dec 20, 2019 8:01:06 AM

 

Check All the Boxes During the Initial Information Transfer

The initial transfer of information from patient to practice is extremely important. This is your opportunity to obtain a broad and detailed scope of a patient’s insurance coverage to enter into your system.

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Topics: Operations, Enrollment, Practice Management, Financial, Medical Billing

The Ultimate List of Medical Practice Checklists, Tips, & Forms

Posted by 99 MGMT on Sep 19, 2019 2:27:23 PM

Are you looking to start a medical practice? 99MGMT has compiled the ultimate list of medical practice checklists, tips, and forms to help you get your business up and running!

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Topics: Marketing, Business Growth, Operations, Compliance, Liability, HIPAA, Social Media, HR, Practice Management, Patient Volumes, Financial, Practice Start-Up, Medical Billing, Consulting

How to Get Medical Practice Funding to Open Your Clinic in Texas

Posted by 99 MGMT on Mar 18, 2019 1:45:04 PM

You're ready to venture out and start your clinic in Texas, but medical practice funding still seems a mystery. What medical practice startup costs do you need funding for? How much does it cost to start a medical practice? You need answers to these questions before you can start figuring out how to get a loan to start your medical practice.

Here's what you need to know:

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Topics: Practice Management, Financial, Practice Start-Up

4 Cost-Saving Tips to Control Medical Office Operating Expenses

Posted by 99 MGMT on Jan 22, 2019 8:33:09 AM

You have to spend money to make money, but in order to maximize your profitability, you need to keep medical office operating expenses under control before they eat your practice alive (not unlike an antibiotic-resistant MRSA).

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Topics: Operations, Practice Management, Financial

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