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.

Topics: Operations, Practice Management, Financial

The Electronic Medical Record (EMR) system is designed to provide comprehensive, up-to-date information regarding the patient journey that can be shared among different departments or medical centers, facilitating effective communication between clinicians and improving the quality of patient care. 

Topics: HIPAA, Practice Management, Consulting

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 recommendations with friends and family. It’s how people will find you online, and it’s the cornerstone of your medical practice’s identity.

Topics: Marketing, Practice Management, Practice Start-Up

Much like any business, running a medical practice is a lot of work. To reasonably handle everything it takes to run a clinic successfully, day in and day out, there must be a high level of optimization and efficiency.

This goes beyond inventory management and scheduling. This means prioritizing patient experience and making sure each staff member is prepared to facilitate success each day. 

Topics: Operations, Practice Management, Practice Start-Up

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

Topics: Operations, Practice Management, Financial, Medical Billing

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.

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

Now is the time to start thinking about how you can use technology to improve your practice. There are many available tech tools that can help streamline your workflow, improve patient communication, and make your life easier. But with so many options out there, it can be tough for millennial physicians to know where to start.

Topics: Business Growth, Practice Management, Practice Start-Up, Physician-Patient Relationship

THE SECRET TO INCREASING PATIENT VOLUMES 

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

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. 

Topics: Operations, Practice Management, Technology

The need for dedicated, dependable healthcare workers has never been greater, yet the well to tap from has never felt drier.

Topics: Marketing, Business Growth, Operations, HR, Practice Management, Practice Start-Up