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How to Choose a Medical Practice Lender for …

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Your medical practice needs state-of-the-art equipment and a steady influx of working capital in order to stay competitive. With a wide variety of medical lending options to help you purchase equipment and maintain daily operations, it can be difficult to know how to choose the right medical practice lender. When considering how to finance the […]

What is Money Factoring?

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How can your medical practice stay afloat when it takes 30, 60, even 120 days for your customers to pay? The truth is that until you’re running an established practice, it’s very difficult to maintain a positive cash flow. One way around this problem is a process called money factoring. Money factoring allows you

How to Find a Medical Practice Lender (resources)

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There are many costs associated with starting and growing a medical practice. From one-time equipment purchases to the ongoing expenses of running your business, having enough working capital is crucial to your success. There are 3 main ways to find a medical practice lender that is right for you. The first type of lender can […]

What Is A Merchant Processor?

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What types of payments will you accept from patients at your new medical practice? In addition to working with various health insurance companies, you may want to accept payments via credit card, debit card, and other means of electronic payment. A merchant processor, also known as a merchant services company or credit card processing company, […]

What Is Practice Succession Planning?

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Practice succession planning is needed whenever a physician, whether it’s you, a partner, or a colleague, decides to leave your medical practice.

How to Find a Medical Bookkeeper

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Finding a great medical bookkeeper for your new practice is a breeze when you ask for referrals, search on the right websites, and vet your applicant with reviews and testimonials. Start by speaking with your colleagues and friends in the healthcare industry. Find out who they use for their medical bookkeeping, and how happy they […]

Merchant Services – Payment Gateway

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In order to accept credit card payments from your patients, you medical practice needs what’s known as a payment gateway. This service is responsible for processing credit card transactions each time a patient makes a payment. Every time a patient pays with a credit card, whether it’s in your office, online, or after receivinga bill […]