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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.

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
Credentialing Part Four: Keeping Track of it All VIDEO
Credentialing Part Four:  Keeping Track of it All VIDEO Credentialing, as you know, is cumbersome. Here is how I kept track of everything. . . . keep reading
Credentialing Part Three: CAQH VIDEO
Credentialing Part Three:  CAQH
VIDEO The video for Credentialing Part Three is about getting signed up with CAQH. . . . keep reading
Fee Schedule Calculations - VIDEO
Fee Schedule Calculations - VIDEO Setting fees is something that many practices struggle with. Here is a video to go along with the downloadable files. . . . keep reading
Quickbooks - for Free
Quickbooks - for Free If you have never used QuickBooks, you need to give it serious consideration. And what better way is there...but to try it free? . . . keep reading
What Business Structure Should I Choose?
Johanna Hofmann, MBA, MAc, LAc
What Business Structure Should I Choose? A carefully selected legal structure will allow you to maximize tax advantages, freely operate and manage your business, protect your assets, grow your venture, and ultimately sell (or transfer) your business. . . . keep reading
Taxes and all that Jazz!
Johanna Hofmann, MBA, MAc, LAc (c)2008
Taxes and all that Jazz! It's true what they say! There are two things in life we must do: pay taxes and die. Almost every new business owner is bewildered by the multitude of taxes one is expected to keep track of and one has to pay. (I'll spare you the list for now, so you won't get completely overwhelmed and throw up your arms in defeat!). . . . keep reading
What should I look for in a collaborating physician?
Carolyn Zaumeyer, MSN, ARNP
What should I look for in a collaborating physician? In many states a collaborative or supervisory relationship with a physician is required to practice as a nurse practitioner. Some feel this requirement is restrictive and the requirement should be removed. The collaborative relationship can be the best and most important relationship in your career. . . . keep reading
Credentialing: Part Two
Credentialing: Part Two Credentialing Part Two: The WA Practitioner Application. This document will give you everything you need to get credentialed - no matter where you are. . . . keep reading
DOWNLOAD: Credentialing Documents
DOWNLOAD:  Credentialing Documents Does the whole idea of credentialing have to be so scary? Listen in as we break it down to a rather teidious, but necessary task. . . . keep reading
Credentialing: Part 1
Credentialing: Part 1 Does the whole idea of credentialing have to be so scary? Listen in as we break it down to a rather teidious, but necessary task. Part One: Gathering your information. . . . keep reading
DOWNLOAD: Checklist for Starting Your Practice
DOWNLOAD:  Checklist for Starting Your Practice The details involved in opening your own practice can be mind-boggling. Here is something that may help keep you on track. . . . keep reading
DOWNLOAD: Checklist for Starting Your Own Business
DOWNLOAD: Checklist for Starting Your Own Business As you begin to explore the option of opening your own business, you'll find that it's easy to get lost in all the details. . . . keep reading
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