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Business & Practice Mgmt
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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.
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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
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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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The QuickBooks Chart of Accounts:
The Starting Point
Kathy Bliss
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
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Ideal Clients, Ideal Providers
Barbara C Phillips, NP
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
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Creating your Business Plan
Part One
Johanna Hofmann, MBA, MAc, LAc
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
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Marketing: Business Self Assessment
Barbara C Phillips, NP
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
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Here's what our members are saying ...
"Wow!
What a great site. Very informative."
"I own a New Orleans housecall practice and I am always looking for ways to improve my practice. I'm glad I stumbled across your site… Keep up the great work."
Scharmaine Lawson, DNPs, APRN, FNP-C
New Orleans, LA
"Just wanted to share my website with you, so you could include it on the
site. We are officially opening 6-11-08 and have one patient scheduled (woohoo!). Also wanted to thank you again, for all your great advice, the telephone conferences and just for being here!"
Jan Daniel, NP
stokesdalemed.com
Stokesdale, NC
"I have decided that I am definitely going to start my own women's health center. I am really excited and this website is so motivational and helpful. I now know that it truly is possible to go into business for myself."
Connie R. Rolison, RNC, MSN, WHNP
Woman's Clinic, PA
Gulfort, MS
"Thank you for NPBusiness, what a powerful resource...
Ritha, NP
Mississippi |
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