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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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The Mystery of Doctor Credentialing

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HMOs vs PPOs

What Is A Merchant Processor?

The Pros And Cons Of Money Factoring

Leasing Medical Equipment Vs Buying

In-House Human Resources vs Outsourced

Types of Commercial Loans for Buying a Commercial Condo

What Is A Commercial Condo?

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

What Is Practice Succession Planning?

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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Capital Funding Lenders

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How to Create a Draft of the Employee Handbook

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The Mystery of Medical Staffing

Doctor Credentialing With Hospitals And Insurance Companies

Must-Have Medical Doctors Insurance

How To Choose A Medical Transcription Company

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What is Money Factoring?

Setting Up a New Practice

Your Medical Practice Opening Check-List

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What is Medicare, Medicaid, etc?

Merchant services – credit cards

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How To Choose A Medical Accounting Firm

Life Insurance

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Determine a Practice Name

What Is A Marketing Plan?

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Choose the Right Corporate Structure

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In-House Medical Transcription Vs Outsourcing

Commercial Condo vs. a Commercial Building

Insurance Types Needed for a Medical Practice

CLIA Certification

How to Find a Medical Collection Company

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Finding A Payroll Company

Practice Website Development

Types of Commercial Loans for Buying a Medical Real Estsate

How To Lease Office Space For Your Medical Practice

Medical Billing Company to the Rescue!

Unlocking the Mysteries of Medical Billing

How To Estimate Staffing, Payroll, And Benefit Costs

Group Practice vs Hospital

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

Hiring A Business Consultant

What Is Practice Legacy Planning?

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Types of Medical Insurance

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How To Structure Practice Banking

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Employee Benefits

When you first open your medical practice, you may not be able to offer your employees all of the benefits you’d like to. Since employee benefits can be expensive, it’s important to pick and choose those benefits that will help you secure top talent without breaking the bank.

Health insurance is an important benefit that many employees look for when seeking a job. If your budget is limited, it’s a good idea to start out offering an affordable health insurance policy that gives employees a modest amount of coverage. Then, as your practice grows, you can expand that policy to include things like paid vision and dental insurance.

It’s ok to start small with other employee benefits as well. In the beginning, it may be difficult to offer paid holidays, paid sick days, and a great 401(k). Don’t be afraid to add benefits incrementally. You might start by offering paid sick days, then add paid holidays at a later date when you can afford it. Be sure to research which benefits are mandatory in your state, and which are optional. Remember that great benefits will keep great employees working for you, as well as entice new talent to join your team.

As soon as you’re able to afford it, consider offering your employees the kind of benefits that will make your medical practice a great place to work.

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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