Ninety Nine Management

99MGMT Blog

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.

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Topics: Practice Management, Financial, Practice Startup

9 Tips on How to Select a Name for Your Medical Practice

Posted by 99 MGMT on Mar 4, 2019 3:48:00 PM

What’s in a name? It turns out that names are very powerful, especially when you’re selecting a name for your practice. Your practice name is how patients will share your name with friends and family, it’s how people will find you online. It’s the cornerstone of your medical practice’s identity.

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Topics: Marketing, Practice Management, Practice Startup

How to Write a Patient Termination Letter Due to Non-Compliance

Posted by 99 MGMT on Feb 21, 2019 8:10:47 AM

Although it’s never easy, there are times when terminating a patient from a medical practice is absolutely necessary. Many of those instances involve non-compliance, which can take the form of:

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Topics: Operations, Practice Management, Physician-Patient Relationship

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

What Are Medical Practice Management Consultants & Do You Need One?

Posted by 99 MGMT on Jan 14, 2019 1:56:31 PM

Medical practice management consultants analyze your practice and figure out where you can streamline processes and save money. They may also provide managerial services for your medical practice.

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Topics: Operations, Practice Management, Consulting

4 Basic Ways to Improve Medical Practice Efficiency

Posted by 99 MGMT on Oct 10, 2018 9:15:09 AM
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Topics: Business Growth, Operations, Practice Management

11 HIPAA Technical Safeguards That Will Improve Your Data Security

Posted by 99 MGMT on Sep 28, 2018 8:00:02 AM
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Topics: Operations, Compliance, Liability, HIPAA, Practice Management, IT

How to Start a Medical Practice in Texas [CHECKLIST]

Posted by 99 MGMT on Aug 13, 2018 8:47:26 AM

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.

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Topics: Business Growth, Operations, Practice Management, Practice Startup

Average Medical Practice Overhead & How to Reduce Practice Expenses

Posted by 99 MGMT on May 12, 2018 10:57:36 AM

Research shows that today’s average medical practice overhead is actually between 60% and 70%.

Overhead is calculated as costs as a percentage of revenue. Basically, all revenues that don’t go into your pocket.

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Topics: Operations, Practice Management, Financial

How to Increase Patient Volume in Your Private Practice

Posted by 99 MGMT on Mar 26, 2018 8:51:42 AM

How do you get more patients into your practice? The answer certainly isn’t “by spending most of your time handling medical records and billing.”

A study from the Annals of Internal Medicine found that some physicians spend as little as 27% of their time with patients during the day.

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