Business Matters

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September 2015
ICD-10: What will happen in October?

As Oct. 1 fast approaches, it is crucial that NPs, especially practice owners, are preparing for the transition to ICD-10. While an American Health Information Management Association survey revealed that 63% of healthcare organizations appear to be ready ...

Posted on: September 15, 2015
Understanding the Potential to Fail

Why is it that more nurse practitioners than ever are opening private practices, even in states that don't have fully independent practice? At the same time, why are physicians ditching solo practice like never before? Surely there is something here that ...

Posted on: September 04, 2015
July 2015
Insurance Credentialing: Key Basics

Insurance credentialing can be a confusing, tedious and lengthy process. However, we don't get paid by third-party payers unless we are credentialed and have a contract in place.It's important to understand what credentialing is and what it is not. ...

Posted on: July 21, 2015
June 2015
Surviving the First Year in Concierge Practice

Statistics show that 50% of medical companies do not survive their first year. Reasons include missing the target market or niche, insufficient funding to keep the business alive, and lack of business skills. Therefore, when a startup company reaches its ...

Posted on: June 10, 2015
May 2015
Adding Weight Loss Services

Given the high incidence of obesity today, we as a medical community must start incorporating weight management into primary preventive care. My ExperienceI am fortunate to work in a primary care practice that sees the value of weight loss services. We ...

Posted on: May 12, 2015
April 2015
7 Strategies for Business Success

As a practice owner, the main measure of your success is a positive cash flow. How do you ensure that your business maintains a positive cash flow? By keeping customers coming through the door. How can you do that? By making sure that customers want to ...

Posted on: April 14, 2015

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