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Group Practice vs Private Practice

What is a Commercial Lease?

Market Assessment/Demographic Research

How To Choose A Medical Management Firm

The Mystery Of Medical Transcription

In House Medical Billing vs. Outsourcing

How To Choose A Medical Billing Company

Employee Benefits

Business/Casualty Insurance

Retirement And Estate Planning For Physicians

Events

How to get a DEA license

Merchant Services – ACH Payments

How to Choose a Medical Legal Firm

What Is Money Factoring?

Document Imaging

How to Find a Medical Management Firm

What is a Medical Commercial Building?

Building a Team of Experts

How to Find a Medical Legal Firm

How To Choose A Medical Doctor’s Insurance Company

The Best Software for Doctor’s Offices

How to Choose a Medical Bookkeeper

The Mystery Of Doctor Credentialing

How to Prepare a Cash Flow Analysis

Private Practice vs Hospital

The Mystery Of Medical Transcription

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What is HIPAA Compliance?

Long-Term Care Insurance

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Capital Funding Needs: Pre-Opening, Opening

Equipment Selection Process

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Medical Office Structure, Layout And Design

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HITECH Act of 2009

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

HMOs vs PPOs

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The Pros And Cons Of Money Factoring

Leasing Medical Equipment Vs Buying

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Types of Commercial Loans for Buying a Commercial Condo

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Determining Location Options

The Medical Coding Company That Could

What is an NPI, difference NPI 1 VS 2?

Purchasing a Commercial Condo

What is Fraud Investigation?

The Mystery Of Medical Coding

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Overhead Business Expenses

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How to Determine a Timeline to Open Your Medical..

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In-House Doctor Credentialing VS. Outsourcing

The Medical Coding Company That Could

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Choosing A Payroll Company

There are over 400,000 payroll companies currently operating in the United States. How are you supposed to find one that’s right for your medical practice? First, consult with your attorney, financial advisor, or an independent CPA about the benefits of outsourcing your payroll to a third party. Next, obtain referrals from other medical practices similar to yours in size and scope. Third, consider using a top payroll company such as Paychex, ADP, or Intuit. These are the “big boys” of payroll, so you can rest assured of their reliability and accuracy. If choosing a larger payroll company, however, be sure you’re not getting charged for extra services you don’t need, such as human resources services. Finally, choose a payroll company by considering the following questions:

  • How many new employees do you plan on hiring this year?
  • Will those employees be full time, part time, or contract workers?
  • Will your employees be offered tax deductions and other benefits that need to be tracked by payroll?
  • Will your employees be paid weekly, bi-weekly or monthly?

By considering which types of services you’ll need, consulting other medical practices for referrals, and including your financial advisor in the decision-making process, you’re sure to choose the perfect payroll company for your practice.

To learn more about doctor credentialing, insurance, coding, outsourcing, and everything you need to establish a successful healthcare practice, follow all of Sherlock Doc’s adventures on the DoctorsBusinessNetwork.com or Doctors Business Channel on YouTube!.

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