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Progress Notes Archives
Every week we email a free tip, technique, or strategy about Nurse Practitioner's in business and practice. The tips are short, to the point, and cover a wide range of subjects. To sign up for the tip of the week, use the sign-up form on the right. We value your right to privacy, and we will never sell or share your email address with others, nor will ever send you spam. Unsubscribe instructions are included with every tip.
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Progress Notes Issue 53:7 Ideas to diversify your practice income.
NP Business™ Tip: 7 Ideas to diversify your practice income. Many practices are being squeezed in the middle these days. Reimbursement is being reduced (or rules are being made to reduce it) and overhead is rising. It is simple economics when it comes to having a profitable practice…more money has to come in than go out. . . . keep reading
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Progress Notes Issue 52: Should I Open a Cash Practice?
NP Business™ Tip: Should I Open A Cash Practice? When Nurse Practitioners and Physician's Assistants look at opening practices, they often ask about the feasibility of opening a cash practice. This question comes up for all types of practices: primary care, house call, urgent care/walk in, specialty niche practices . . . keep reading
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Progress Notes Issue 51: Taking Care of Self so you can Take Care of Business.
NP Business™ Tip: Taking Care of Self so you can Take Care of Business. Let's face it. We are Nurse Practitioners. We've been caring for our patients and most likely our families for years. We are known for caring and we are excellent at taking care of everyone. But I'd bet if you are like most professionals I speak with, you are not so good at taking care of "Self". . . . keep reading
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Progress Notes Issue 50: Business Taxes- An Overview
NP Business Tip: Business Taxes- An Overview Twenty years ago, when I started my business, I learned the hard way that I had to pay business taxes in the form of quarterly federal and state taxes. My ignorance had put me in a financial bind. I had to come up with a big chunk of money, which included taxes, late fees and penalties. Don't let this happen to you! . . . keep reading
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Progress Notes Issue 49: 10 Steps for Using Press Releases
NP Business Tip: 10 Steps for Using Press Releases Health care is a huge front page news topic these days. Just glance through your local and national newspapers and magazines, listen to the radio, watch TV, and take a look at the social media and blog posts to get an idea of how much concern there is. . . . keep reading
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Progress Notes Issue 48: Contractor or Employee?
Do you know the difference between being an employee or an independent contractor? This is essential for yourself and for your business. However, the rules are not always the clearest. These tips should help keep you and your business following the IRS guidelines. . . . keep reading
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Progress Notes Issue 47: Medicare 2010: How Will It Affect Your Practice?
There has been a lot speculation and many questions about what to expect from Medicare for 2010. If you or your practice accepts Medicare payment for "physician" services (this includes NPs, CNS and PAs), you must pay attention to this. Even if you are employed, you need to be aware of how this will affect your employer, and possibly your position. . . . keep reading
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Progress Notes Issue 45: Building Your Cash Reserves
NP Business™ Tip: Building Your Cash Reserves Certainly you have heard from financial experts that you should have a three month cash reserves at all times. The premise behind this is to protect you should you get sick, lose your job or have unexpected expenses crop up. . . . keep reading
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Progress Notes Issue 44: 2010 - Start Planning Now!
NP Business™ Tip: 2010 - Start Planning Now! Yes, another year is almost here. It's amazing how time just zips on by. While we are busy thinking about tomorrow, all too often, today just slips by us. The pre holiday season is a good time to reflect on the past months and start thinking about the new year. Ask yourself the following questions to get your mind prepared now. . . . keep reading
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Progress Notes Issue 43: Staffing Issues
NP Biz Tip: Staffing Issues This past week, I had an emergency coaching session with a client who owns a large, very busy clinic regarding an unhappy employee. This employee was subsequently let go and is now suing for improper firing. . . . keep reading
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Progress Notes Issue 41: Juggling Too Many Balls?
NP Business Tip: Juggling too many balls? As a Nurse Practitioner Entrepreneur, there are always, what seems like, too many balls to juggle, too many hats to wear. It can grow weary and be a heavy weight on your shoulders. So how can you get it all done and maintain your sanity and your life? Here are a few ideas. . . . keep reading
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