ACCOUNTING
Five Ways to Revamp Your Waiting Room This Year
Article written by: SMITHA GOPAL — You may not give your waiting room much thought, but your patients certainly do. Not only that, but they’re sharing their opinions with the world on social media. Really! A quick Twitter search for “doctors waiting room” reveals people complaining about long wait times, uncomfortable surroundings, and a lack of privacy,…
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Top five dental benefit concerns of new dentists
Article by: American Dental Association (ADA) — New dentists may have many concerns when it comes to their patients’ dental plans, benefits and thirdparty payers, often because little of their dental school education relates to learning how to navigate these issues. Among the concerns are preauthorization requirements, delays in processing claims, claim denials, refund requests and…
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How to Start Your Own Medical Practice: Part Two
By: SMITHA GOPAL— In our last post, we took a look at some of what’s involved in starting your own medical practice from a business perspective. In this post, we’ll discuss other important elements to consider once you become your own boss, from staffing to marketing to patient care. Once you’ve secured funding, found a good location,…
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How to Start Your Own Medical Practice: Part One
By: SMITHA GOPAL— Decades ago, most doctors graduated medical school and opened their own practices. These days, however, it’s more common for young physicians to take jobs working for large health systems or hospitals. The number of physicians in solo practice was just over 17 percent in 2014, down from more than 40 percent in 1983,…
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Let’s Talk: Do you have what it takes to start your own practice?
By: Treloar & Heisel — “Let’s Talk” is a series of conversations with industry thought leaders on topics surrounding the business of dentistry. Designed as part of the “Business Brush-up” initiative by Treloar & Heisel, it provides education and ideas for soon-to-be dental grads, and recently graduated dentists or specialists, as well as anyone who feels…
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5 business plan mistakes to avoid when starting a medical practice
By: MedicalDirector.com — A strategic approach to your business plan can ensure your medical practice is not only up and running smoothly, but continues to grow and achieve optimum patient outcomes. Avoid these common pitfalls and you’ll be on your way to getting your exciting new practice off the ground. 1. An ill-determined business structure When…
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Cost vs Reward of Opening a Medical Private Practice
By: Doctorly.org — COST VS REWARD OF OPENING A MEDICAL PRIVATE PRACTICE Although considered one of the most challenging endeavors in the health care field, starting a medical private practice is also viewed as one of the most rewarding accomplishments for a physician or medical professional. The ability to make decisions and provide treatment that…
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Protecting Your Practice: Fraud, Theft, & Embezzlement
By: Kara D. Kelley, SHRM-CP, Parkhurst & Associates CPA PC — Take a minute to Google the search phrase “Receptionist forging prescriptions.” You should pull up about 614,000 results. Now search for “office manager theft.” You’ll likely get about 1.2 million results. The first pages of both of these searches are filled with articles about…
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