The cost of healthcare is increasing at the same time you’re seeing a reduction in reimbursements. The industry is consolidating, technology is rapidly changing and competition is intense—all important issues you have to face at the same time you simply want to care for your patients. Understanding how to keep up with the constant change will ensure a healthy practice.
We work with both single and multi-office medical practices with a range of issues including:
Having worked with practices ranging from a single physician to multi-physicians in one location to multi-location practices, we are positioned to help your medical office navigate your rapidly changing industry.
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As a small business owner there will come a time when you consider borrowing money from a bank or another lending institution. Despite what you may have heard, lenders are not eager to lend to small businesses. To be successful with your request, you need to know what a bank wants and how you should approach them.
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How well is your business doing? What do you measure to determine this? What do you do with the information? Key performance Indicators (KPIs) are the statistics you track to determine how your business is doing.
If you’ve been running your business for a long time, you have developed your own KPIs, even if on an informal basis. Yet, there is merit to formalizing your KPIs and...