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Life Insurance

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Life insurance is not just one more expense to add to the many expenses of running your own medical practice. It’s also not just a way to protect your family in the event of your passing. Instead, life insurance has recently become a financially sound way to protect your assets. In other words, life insurance […]

Capital Funding Needs: Pre-Opening, Opening

Practice Website Development

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More and more consumers are making buying decisions based on online research. Building a strong online presence will help prospective patients find your practice and make a buying decision on their own, saving you time and money trying to acquire their business. A strong, professional-looking website is a key marketing component of any successful practice. […]

Patient Education

Group Practice vs Hospital

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One of the biggest questions you have to answer when starting your medical career is “Where do I want to practice medicine?” Many established medical professionals own their own practices, or practice medicine in a doctor-owned group setting. But more and more recent med school graduates are opting to work in a hospital setting. Which […]

Build Or Buy: In-House Medical Coding Vs. Outsourcing

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What is the most cost-effective way to conduct medical coding in your healthcare practice? Some doctors choose to hire an in-house medical coder, while others choose to outsource these services to a medical coding company. Those who use in-house coders essentially ‘build’ a medical coding practice within their own healthcare practice. Those who use outsourced […]

Choose the Right Corporate Structure

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Do you know what type of corporate structure is best for your medical practice? From S-Corps and C-Corps to LLCs, deciding how to structure your business is no small task The right choice will provide substantial tax benefits and protect you from certain liabilities, while the wrong choice could result in higher taxes and responsibilities […]

Practice Direct Mail Marketing

Determine a Practice Name

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Choosing a name for your medical practice could be one of the most important business decisions you ever make. Choosing a name for your medical practice could be one of the most important business decisions you ever make. The right name can last a lifetime, establishing your business in the community and facilitating word-of-mouth recommendations. […]

Setting Up a New Practice

Setting Up a New Practice

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Setting up a new medical practice is a big, exciting job! One that every private practice professional has faced. You may be feeling a bit overwhelmed when thinking about all the different areas of your business that need to be established. The most important part of setting up your new practice is planning ahead. Before […]

Determine a Practice Name

Determine Employee Benefits

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When recruiting top talent for your medical practice, it’s important to determine which benefits you will offer your employees. Some benefits are required by law for certain types of medical practices in certain states. Others are optional but may help you attract the industry’s best and brightest to your practice. Still other types of benefits […]

The Mystery of Medical Staffing

Your Medical Practice Opening Check-List

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Opening your own medical practice can feel like an unsolvable mystery. How do you know you’re ready? What exactly do you need to get started? What about credentialing, certifications, and all of the business-related items that have to be put in place before you do? Luckily, preparing to open a medical practice is as easy […]