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Practice Setup

Group Practice vs Private Practice

Deciding whether you’ll go into private practice or group practice is one of the most important decisions you’ll make for your new healthcare business. Both choices offer advantages and disadvantages, and only you will know which type of practice is right for you as a practitioner. Entering into private practice gives you total control, both […]

Insurance

Life Insurance

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 […]

Marketing

Practice Website Development

More and more consumers are making buying decisions based on online research. Building a strong online presence will help prospective patients find your practice and make a buying decision on their own, saving you time and money trying to acquire their business. A strong, professional-looking website is a key marketing component of any successful practice. […]

CERTIFICATIONS & COMPLAIANCE

How to get a DEA license

If your job will require a DEA license you will need to register for one. Start by following the on-line registration at https://apps.deadiversion.usdoj.gov/webforms/. Note that registration fees are non-refundable. Being issued a DEA license is based on successfully completing all the requirements imposed by the state in which the practitioner will conduct business and obtain […]

FINANCE

College Savings Accounts

The right college savings account will not only help you finance your child’s education; it will serve as an enticing benefit for your medical practice employees. While there are many different types of college savings plans available today, a 529 plan is the go-to choice for many parents and practice owners in the medical profession. […]

REAL ESTATE

Determining Location Options

Choosing the perfect location for your medical practice is key to setting up your business for success. But the location you choose should never be determined by geography alone. You should also consider the following questions when determining location options for your new practice: 1. What type of practice are you opening? Whether private or […]

OFFICE BUSINESS

How to Determine a Timeline to Open Your Medical..

So you’re ready to open your own medical practice. Congratulations! But how can you tell if you’re just ready in theory, or if you’re actually ready to admit your first patient or client? The key to opening the doors to your very own practice is to determine a realistic timeline that will set you and […]

TECH

The Best Software for Doctor’s Offices

Choosing the right software for your healthcare practice is as important as choosing the right employees. Great software programs can help you streamline operations, save time and money, and help you get back to doing what you do best – caring for your patients. But with hundreds of medical software programs to choose from, where […]