In 2022, no medical practice can afford to be lax when it comes to marketing; falling behind in this regard means losing patients to others who are doing better. A key component of marketing is a forecast of future trends. A new year brings with it renewed competition, as other practices will be looking to Read more…
Practice Management
7 Tips for Hiring Staff at Small & Independent Practices
Are you a small practice facing trouble while recruiting top talent? Here are a few effective tips? Given their limited scale of operations, small and independent practices tend to face serious challenges while they run their competitive race for acquiring talent. Since they already suffer from a lack of recruitment and retention resources, limited financial Read more…
Seeking Lines of Credit for Medical Practices
Medical practices can be lucratively profitable businesses. But they are often subject to irregular financial flows, which may put their survival at risk. In such a situation, medical practices often use lines of credit from a financial institution, typically banks, to facilitate day to day running of their practices. It is a strategic business tool Read more…
Top Challenges Physicians Are Expected to Face in 2020
From compensation hassles to compliance hurdles and staff burnout, independent practices have a myriad of obstacles to overcome. Now, with the start of the new year, physicians are finding themselves on the front line of evolving technology, policies, and patient expectations, while struggling with spending adequate time on patient care. Here are the top challenges Read more…
Minimize Your Account Receivables: 3 Tips
It doesn’t really matter if you are managing your accounts receivable diligently, revisiting them from time to time may yield more cash. After all, cash flow helps your business run smoothly and without any hiccups. One such service which helps you manage your revenue cycle better is CureMD billing services. Here are three tips which Read more…