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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.

February 2013-Open Q&A Call-Audio Replay
February 2013-Open Q&A Call-Audio Replay Our February 2013 open Q & A was filled with great information. Listen today and find out what you missed. . . . keep reading
VIDEO Replay: Security Risk Assessment and Meaningful Use: What you must know
© 2013 Barbara C. Phillips, NP & Rebecca Morehead
There is no doubt that you work very hard in your practice and that the last thing you want to have happen is to find a problem in your practice security. Or worse, have some regulatory agency find a problem! This is especially true if you have or are planning to attest for Meaningful Use. . . . keep reading
December 2012-Success Call: Revenue Generation(Video/Audio)
December 2012-Success Call: Revenue Generation(Video/Audio) Real and potential changes in reimbursement are coming to practices in 2013. Preparing now is key. Let's look at ways to increase what we make and what we get to keep in the coming year and look at potential sources of additional revenue. . . . keep reading
December 3, 2012-Open Q&A Call-Audio Replay
December 3, 2012-Open Q&A Call-Audio Replay Our December open Q & A was filled with great information. Listen today and find out what you missed. . . . keep reading
October 24, 2012-Success Call: Medicare Recovery Audits-(Audio/Video)
October 24, 2012-Success Call: Medicare Recovery Audits-(Audio/Video) Medicare Recovery Audits - The October 2012 Success Webinar Audio/Video and related resources. You need to be aware of this - regardless if you see Medicare patients or not! . . . keep reading
November 5, 2012-Open Q&A Call-Audio Replay
November 5, 2012-Open Q&A Call-Audio Replay Our November open Q & A was filled with great information. Listen today and find out what you missed. . . . keep reading
October 1, 2012-Open Q&A Call-Audio Replay
October 1, 2012-Open Q&A Call-Audio Replay Our September open Q & A was filled with great information. Listen today and find out what you missed. . . . keep reading
Faster Charting To Get You Out of the Office Quicker
Barbara C Phillips, NP
Faster Charting To Get You Out of the Office Quicker For many, charting patient visits takes up more time during the day then we would like. Here are some suggestions for speeding up your charting so you can get out of the office earlier. . . . keep reading
Practice Embezzlement -- Keeping Others Out of the Cookie Jar
Practice Embezzlement -- Keeping Others Out of the Cookie Jar Every day, your business accepts money…cash, checks and credit cards. All of these can be an issue, but cash is the biggest issue of all. You know that $25 (cash) copay that was just received -- where did it go? Did it make it to your cash drawer, or your employee's pocket? . . . keep reading
Protecting Your Digital Identity
Barbara C. Phillips, NP
Protecting Your Digital Identity As a professional, you are very aware of the need to protect your personal and professional information. But how much thought have you given to your digital identity? Are you even aware of the far reaching consequences that miss or stolen digital identity can have? . . . keep reading
Does your employee channel Godzilla?
Barbara C. Phillips, NP
Does your employee channel Godzilla? Hopefully you've never met Godzilla, but statistics tell me…you have. In fact, Godzilla may even be working for you right now! . . . keep reading
Does FEAR Stop You?
Barbara C. Phillips, NP
One of the most common obstacles the clinicians (nurse practitioners, physician assistants and registered nurses) I work with need to overcome is fear. . . . keep reading
Are you prepared when the payer doesn't pay?
Barbara C. Phillips, NP
Are you prepared when the payer doesn't pay? Those of you practicing in California during the summer of 2009 likely remember all too clearly when the state of California issued IOU's for health care services you provided. This came to mind this past week when an insurance company in my state was "outed" for delaying over 300,000 claims to providers since Jan 2011.... . . . keep reading
Social Media Vetting of Potential Hires
Social Media Vetting of Potential Hires Employers commonly use social media sites to check out potential employees. What are some potential best practices that you may want to utilize? . . . keep reading
Business Ideas: Long Term Care
Barbara C Phillips, NP
Business Ideas:  Long Term Care Many Nurse Practitioners and other advance practice clinicians who want to start a practice, are worried about the cost to get started in a traditional office practice and are looking for options. One such option is a practice focusing long term care (LTC). . . . keep reading
[VIDEO] What you need to know about reimbursements
[VIDEO] What you need to know about reimbursements [VIDEO] With the landscape changing all the time for health care providers, it's important to take a look at potential revenue sources/income diversification, insurance,issues around billing, cash flow, etc. |Image1| . . . keep reading
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