Are you finding that your practice’s fees are below other similar specialties in your area? On your insurance payments, are you noticing that the carriers are occasionally reimbursing your practice 100% of the billed amount? If you answered yes to either of the two questions above, it may be time to complete a medical practice […]
Why Physicians Should Open a Medical Practice in 2021
Are you finding that your practice’s fees are below other similar specialties in your area? On your insurance payments, are you noticing that the carriers are occasionally reimbursing your practice 100% of the billed amount? If you answered yes to either of the two questions above, it may be time to complete a medical practice […]
How to get a Medical Practice Loan
For some, going to a bank to obtain a medical practice loan may seem daunting but it’s really a straight forward process. These simple points will help you obtain a good loan. Get a low rate Naturally, you will want the lowest interest rate you can get.Consider using the prime rate as your basis for […]
Medical Practice Fee Analysis: Complete in 2 Easy Steps!
Are you finding that your practice’s fees are below other similar specialties in your area? On your insurance payments, are you noticing that the carriers are occasionally reimbursing your practice 100% of the billed amount? If you answered yes to either of the two questions above, it may be time to complete a medical practice […]
Concierge Medicine: The New Movement for Physicians
Have you considered the benefits of adding a concierge medicine practice to your current business or perhaps switching over entirely? 3 reasons why physicians are considering concierge medicine. 1. Popularity The number of physicians in concierge medicine remains small, but it’s growing rapidly. In 2012 there were 4,400 private physicians practicing concierge medicine, a 25% […]
Skin in the Game: Keys to Success in a Private Dermatology Practice
Dermatology is one of the medical specialties best suited for private practice. The field is growing quickly and it is projected to maintain its steady growth rate over the next several years. The rise in demand is fueled by increasing occurrence of skin cancer coupled with an aging population looking for cosmetic interventions to maintain […]
7 Things to Consider While Choosing a Medical Billing Company
You have made a wise choice to outsource medical billing. More than 70% of physician practices see an increased payment and reduced AR if they are able to find the right medical billing company. It can be overwhelming to select a medical billing company that you can trust. Below are key 7 aspects to evaluate […]
Five Essentials for Starting a Medical Practice
1. CHALLENGE READINESS Owning your own practice, while challenging at times, is a rewarding and satisfying accomplishment. As a physician, you are no stranger to long days and working hard to achieve what you want. Thomas Edison said it best, “Opportunity is missed by most people because it is dressed in overalls and looks like […]
9 Steps to Successfully Starting a Practice
Students must be equipped with the skills to navigate the digital world effectively, including using computers.
Start a Medical Practice without Making these 5 Mistakes
Students must be equipped with the skills to navigate the digital world effectively, including using computers.