Nurse Practitioners are pretty excited at the aspect of having their own practice in that’s true more so today than ever before especially since more states are opening up to full practice authority. Sometimes what happens though, Is in our excitement we tend to rush into things. And this is where we run into trouble. …
Eileen O’Grady on Choosing Wellness
Nurses, nurse practitioners, and other healthcare providers are people first. And we sometimes come with the same stories that we see in our patients. Some of them are great, and others… not so much. As healthcare providers, as business owners, we, for the most part, know we are more effective when we are at our …
Business in Michigan?
Lots of nurse practitioners in Michigan have asked about starting a business in their own practice. Unfortunately, according to the law, APNs cannot open their own practices. The reasoning behind this has been confusing for many NPs. In this episode of the NP Business Matters podcast, we talk with Dr. Denise Hershey, PhD, FNP-BC, the …
Closing Your Practice
Closing a practice can be just as intense as it is when opening a practice, there are a lot of considerations including legal and regulatory issues to be aware of. There are many reasons clinicians decide to close their practice. Change of practice ownership Retirement Illness It’s just not working out for them Moving Tired …
Getting Paid: Understanding Insurance Terms
Do you, your staff, and/or your patients understand these common insurance terms – deductibles, co-pay, and co-insurance? I bet you would tell me not everyone. Chances are most of the people working in or visiting healthcare practices need a bit of a primer on these important terms, what they mean, and how they can impact …
Healthcare Fraud for Nurse Practitioners
In September 2019, The Department of Health and Human Services Office of the Inspector General and law enforcement announced they were able to take down 35 individuals for participation in healthcare fraud schemes involving $2.1 Billion in losses. We’ve almost come to expect news like this. In the above example, OIG was targeting genetic testing …
Renee Dahring, FNP, on Correctional Healthcare
Have you ever considered working in corrections? As in independent contractor, an employee or as an entrepreneur? I had not. Welcome back to our guest Renee Dahring, APRN, FNP, FAANP. You may be familiar with Renee, (aka the NP Career Coach) who was featured on episode #14 when we talked about finding the perfect job, …