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home | Business & Practice Mgmt
 
Business & Practice Mgmt
Business and Practice Management

When we start a business or practice, we are usually experts in our chosen field. We know how to be healers, clinicians and teachers. We've spent years learning to become all of that and more. However, unless you got your MBA along with your Masters/Doctorate clinical degree, you may be in the dark about running a business.

Business and Practice Management is about all of this. It's about hiring staff, doing the billing and coding, getting credentialed with insurance companies (as well as having your own insurances), financial matters and more. It's all the non-clinical stuff that we need to be involved in.

Many businesses will hire someone to manage this aspect -- the Office Manager or Practice Manager. Even if that is the path you are wishing to take…the success of your business depends on you having some basic understanding of Business and Practice Management. You've got to have a grasp on the numbers, profit margins, payroll, and balance sheets as well as HIPPA and OSHA regulations and clinical guidelines.

Once again, as we grow this section, if you have suggestions, needs or ideas, please contact us.

Time to Hire A Virtual Assistant?
Time to Hire A Virtual Assistant? Delegate, delegate, delegate! As a business owner, you know you shouldn't handle ALL the responsibilities. Even if you know you could, you understand your time is valuable and spending your time on administrative tasks is not the best way to grow your business and generate revenue. . . . keep reading
Progress Notes Issue 48: Contractor or Employee?
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
Progress Notes Issue 47: Medicare 2010: How Will It Affect Your Practice?
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
Alternative Medicine with Johanna Hofmann, LAc May Member's Only Teleseminar
Alternative Medicine with Johanna Hofmann, LAc 
May Member's Only Teleseminar On Thursday, May 28, Johanna Hofmann, LAc, a licensed practitioner of Traditional Chinese Medicine (TCM), shared her resources about alternative healthcare options. Listen in as Johanna explains how Acupuncture and Herbal Medicine can help our patients and how the approach can be integrated into our offices. . . . keep reading
Ankle Brachial Index -- Are You Charging for this Service?
Barbara C Phillips, NP
Ankle Brachial Index -- Are You Charging for this Service? Getting Paid for services is essential to the survival of your practice. However, sometimes we are not aware of how to bill for a service we provide...such as the case with performing ABI's. . . . keep reading
Walk-In Clinics - borrow from the Retail Health Model
Barbara C. Phillips, NP
Walk-In Clinics - borrow from the Retail Health Model A successful business model gives the consumer exactly what they want, when they want it and how they want it. You can offer a hybrid of the retail health industry to address these needs and build your practice. . . . keep reading
The QuickBooks Chart of Accounts: The Starting Point
Kathy Bliss
The QuickBooks Chart of Accounts: 
The Starting Point The chart of accounts is really the starting point for your bookkeeping and accounting. It is a listing of all the accounts that will be used to record business transactions and accounting entries. Each transaction that is recorded, and each accounting entry that is made will be posted to an account that . . . keep reading
Do's and Dont's of Hiring Staff Member's Only Monthly Call- January 2009
Do's and Dont's of Hiring Staff
Member's Only Monthly Call- January 2009 January's Monthly Members-Only call, Do's and Don'ts of Hiring Staff with Tom Hubric, President of Reading Berks HR Management, was filled with valuable information. . . . keep reading
E- Prescribing and the Medicare Incentive
E- Prescribing and  the Medicare Incentive Wondering about the Medicare e-prescribing incentive? Yes, NPs do qualify. Learn what steps to take in order to participate. . . . keep reading
Ideal Clients, Ideal Providers
Barbara C Phillips, NP
Ideal Clients, Ideal Providers In the past few months, I've been noticing and increasing feeling of unrest in my practice. It occurred to me this past week that the source of my uneasiness is that I am not working with my ideal clients. . . . keep reading
DOWNLOAD: HIPAA Forms
DOWNLOAD: HIPAA Forms Need HIPAA Forms? These are available for you to customize to your business. . . . keep reading
10 Ideas to Improve Your Bottom Line
Barbara C Phillips, NP
10 Ideas to Improve Your Bottom Line In today's economic climate, your business may be feeing a pinch. Here are a few things you can do to reduce your overhead and improve your revenue. . . . keep reading
Creating your Business Plan Part One
Johanna Hofmann, MBA, MAc, LAc
Creating your Business Plan 
Part One Business plans are written for many different reasons. Most often, budding entrepreneurs need to write a business plan to obtain funding for their new venture. Lenders generally require a detailed plan to assess the likeliness of the business to succeed and for the loan to be repaid. . . . keep reading
Marketing: Business Self Assessment
Barbara C Phillips, NP
Marketing:  Business Self Assessment Before you can figure out what you need to do to get where you want to go, you've got to decide where you are. Yes, it's geared toward marketing, but you can use this for all sorts of purposes. . . . keep reading
Organizational Skills: 5 Tips for Staying Ahead
Melissa Jones & Barbara C. Phillips
Organizational Skills:  5 Tips for Staying Ahead Between running my practice, and working to bring business ownership information to NPs, I find that getting organized and staying organized is essential to my survival. . . . keep reading
What Can You Do To Affect Your Bottom Line?
Barbara C. Phillips, NP
What Can You Do To Affect Your Bottom Line? The dysfunction of the health care system as well as our economy can be a bit uncomfortable. Here's a few things you can do that may positively affect your bottom line. . . . keep reading
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