Long-Term Care Insurance
Long-term care insurance covers the cost of long-term healthcare needs for you, your family, and your employees
Advertising
An effective medical practice advertising strategy uses online and offline advertisements that are hyper-local in their focus. Offline advertising can include placing ads in local newspapers and magazines producing television and radio commercials getting listed in your local Yellow Pages, and dding your practice to the “Welcome Kit” typically sent to new residents by mail. […]
Equipment Selection Process
Selecting the right medical equipment for your practice is an important startup task that is often overlooked by new medical entrepreneurs. The equipment selection process requires more in-depth analysis than simply choosing based on the procedures that will be performed. Instead, there are 4 key areas that must be considered when selecting the medical equipment […]
Recruiting
Recruiting top talent for your growing medical practice is a time-consuming and often frustrating pursuit. Finding the right medical and administrative staff to fit your needs can feel like a full time job in and of itself. Being slow to hire and quick to fire will help ensure you find the best possible candidates who […]
HITECH Act of 2009
An important part of being HIPAA-compliant is adhering to provisions laid out by the HITECH Act of 2009. HITECH is an act that was created under HIPAA and expands upon the various protections required to be HIPAA compliant. Here’s what you need to know about the HITECH Act and how it impacts your medical practice: […]
Patient Experience
The patient experience in your medical practice is the #1 factor that determines whether or not that patient will return, recommend you to friends
Build Or Buy: In-House Medical Coding Vs. Outsourcing
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 […]
In-House Human Resources vs Outsourced
Your growing medical practice needs a Human Resources Department to manage important areas of your business such as hiring, payroll, benefits, and interpersonal company relationships. The decision to outsource your HR needs or hire a dedicated, in-house HR professional isn’t easy – both options have their advantages and disadvantages. An in-house HR department will be […]
What Is A Commercial Condo?
A commercial condo allows medical professionals to buy a fixed amount of office space in an industrial or sometimes residential condominium building. Commercial condos offer the benefits of ownership for smaller practices that aren’t yet ready to obtain an entire commercial building or to rent larger office space. While the commercial condo owner is somewhat […]