As the new year approaches, many medical practitioners are reevaluating their career trajectory, especially in the wake of an economy-shaking pandemic.
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.
Especially at a time when it’s a questionable decision to even leave your house - hiring has changed its look in the past few years.
It is a well documented fact that Physician Burnout is continually creeping up as a silent antagonist in the healthcare industry.
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.
The age old question for healthcare professionals entering the workforce is this: Should I work in an employed position at a hospital, or should I work at a private practice?
This year, our country has been facing some of the most challenging months in recent history. When stay-at-home orders took effect, many individuals found themselves in a work-from-home situation, many found themselves without a job, and millions of Americans found themselves classified as “essential workers”.
As many physicians have learned over time, opening your own private medical practice is one way to gain more control over your work. From hours of operation to personalized care options, running your own practice has many advantages.