Finding A Payroll Company
As a medical entrepreneur with a new practice to run, the last thing you should be worrying about is managing payroll. A medical payroll company can take this administrative task off of your plate, freeing up your time to focus on your patients and running your practice. Finding a payroll company may seem overwhelming, but […]
Practice Website Development
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. […]
Types of Commercial Loans for Buying a Medical Real Estsate
If you’re ready to purchase a commercial building for your medical practice, you have a variety of options for financing the purchase. Doctors and other medical professionals are able to obtain some of the best commercial loan rates in the industry because banks are eager to earn your business. But it’s important to choose a […]
How To Lease Office Space For Your Medical Practice
When leasing office space for your medical practice, it’s important to know who to talk to, what questions to ask, and how to make sure your requirements are accurately represented on your commercial office lease. Here’s a step-by-step guide to make leasing an office space the easiest part of opening your medical practice: The average […]
Medical Billing Company to the Rescue!
DR. DONNA is ready to tear her hair out – rejected claims, low reimbursement rates, and coding mistake after coding mistake. Dr. Donna has chosen to fulfill her medical billing needs in house. Unfortunately, Dr. Donna made the mistake of cross-training her nurses, PAs, and other medical staff to complete her medical billing for her. […]
Unlocking the Mysteries of Medical Billing
When an unpaid medical bill is mysteriously rejected by the insurance company, Sherlock Doc is on the case! Sherlock Doc knows that medical billing is the process a healthcare provider goes through to submit and follow up on a medical claim with an insurance company. Medical billing is performed by medical billers, who may or […]
How To Estimate Staffing, Payroll, And Benefit Costs
When you open a new medical practice, some of the biggest costs you’ll incur include hiring staff, choosing benefits, and investing in a payroll company. It’s important to have an accurate picture of the amount of each expense so you can budget the other areas of your business. First, determine exactly what type of staff […]
Group Practice vs Hospital
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
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 […]