99MGMT Blog

Time for a Change? 9 Considerations When Starting a Medical Practice in Texas

Posted by 99 MGMT on Nov 16, 2022 10:22:20 AM

When you've been with a medical practice for a while, it can be hard to imagine leaving. After all, you've built up a good rapport with your patients.  You know the ins and outs of the office, too. 

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Topics: Business Growth, Compliance, Practice Management, Practice Start-Up, Location

Physician Burnout is on the Rise - What Can We Do About It?

Posted by 99 MGMT on Oct 18, 2022 10:44:00 AM

It is a well documented fact that Physician Burnout is continually creeping up as a silent antagonist in the healthcare industry.

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Topics: Operations, HR, Practice Management, Physician-Patient Relationship

What are Physician Practice  Management Services?

Posted by 99 MGMT on Sep 15, 2022 11:15:00 AM

Operating a private practice can put a lot of strain on the practicing physician, as the time with patients must be balanced with administrative tasks and staff management concerns. Physician practice management companies (PPMCs) provide non-clinical business administrative services to private practices.

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Topics: Operations, Practice Management

The Ultimate Medical Practice Operating Expenses Checklist

Posted by 99 MGMT on Aug 18, 2022 1:06:00 PM

Running a medical practice takes hard work, dedication, and unfortunately - involves 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.

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Topics: Marketing, Business Growth, Operations, HIPAA, Social Media, Practice Management, Patient Volumes, ICD-10, Practice Start-Up, Medical Billing, Consulting

What Constitutes Medical Practice Operating Expenses?

Posted by 99 MGMT on Jul 18, 2022 12:45:00 PM


In previous blog posts, we’ve spent some time talking about the steps that go into starting your own medical practice. 

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Topics: Operations, Practice Management, Financial, Medical Billing

Understanding Stark Law and Its Possible Implications To Your Practice

Posted by 99 MGMT on Jul 12, 2022 9:30:00 AM

Operating a medical practice means working in cooperation with other healthcare professionals. However, concerns about referrals between facilities for the wrong reasons have led to regulations and legal consequences. 

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Topics: Operations, Compliance, Liability, Practice Management

Comprehensive Checklist of How to Start a Medical Practice in Texas

Posted by 99 MGMT on Jun 17, 2022 3:20:00 PM

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 Start-Up

How Practice Management Services Can Improve Patient Volumes

Posted by 99 MGMT on May 25, 2022 6:00:00 AM

THE SECRET TO INCREASING PATIENT VOLUMES 

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

8 Ways a Virtual Assistant Benefits Your Practice

Posted by 99 MGMT on May 13, 2022 12:55:02 PM

Today’s world has integrated technology into every aspect of our lives, and medical practices are finding that patients, particularly Millennials and Gen Xers, are prioritizing partnerships where virtual staff integration is commonplace. One example is appointment scheduling: in 2021, a Harris Poll Survey found that 68% of all patients expect to be able to book appointments for well visits or other health concerns online. 

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Topics: Operations, Practice Management, Technology

Average Medical Practice Overhead & How to Reduce Practice Expenses

Posted by 99 MGMT on Mar 29, 2022 12:43:00 PM

 

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, this means any and all revenues that don’t go into your pocket.

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Topics: Operations, Practice Management, Financial