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    Business/Casualty Insurance

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    Casualty insurance, also known as liability insurance, protects you and your medical practice from being responsible, or liable, for negligent acts. Worker’s compensation is a type of casualty insurance. Malpractice insurance can fall under this category as well. It’s important to note that casualty insurance is not connected to other forms of insurance like life, […]

    Insurance Types Needed for a Medical Practice

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    When you think of purchasing insurance for your medical practice, what comes to mind? For many physicians, malpractice insurance is considered the most important type of insurance to have. But as a business owner and a medical professional, there are actually 7 different types of insurance you need in order to protect your practice from […]

    What is Medicare, Medicaid, etc?

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    In addition to accepting private insurance from your patients, your practice may also want to accept government-sponsored medical insurance such as Medicare and Medicaid. The two programs cover very different populations, so it’s important to understand the differences between them. Medicare offers medical insurance coverage to individuals age 65 and older as well as individuals […]

    Medicare And Medicaid Audits

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    If your medical practice accepts Medicare and Medicaid, you may be at risk for an audit. As instances of medical fraud have risen, the government has developed 7 different types of audits to prevent overpayments, underpayments, waste and abuse in the healthcare system. Appealing a decision made as the result of an audit can be […]

    Must-Have Medical Doctors Insurance

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    Making sure your medical practice is properly insured will protect you and your business from unforeseen events. Having proper insurance coverage protects you and your assets in the event of a lawsuit or malpractice suit. That’s why it is so important to choose the right insurance for your practice. Medical malpractice insurance will protect you […]

    Life Insurance

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    Life insurance is not just one more expense to add to the many expenses of running your own medical practice. It’s also not just a way to protect your family in the event of your passing. Instead, life insurance has recently become a financially sound way to protect your assets. In other words, life insurance […]

    In-House Doctor Credentialing VS. Outsourcing

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    There are many areas of your healthcare practice that can be taken care of in-house. Many medical professionals choose to have their billing, coding, and transcription services taken care of on-site. While not as cost-effective as outsourcing, hiring a dedicated staff member to help you with these duties is convenient and can save time. So […]

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