Owning a nurse practitioner practice can be both rewarding and challenging. While providing high-quality care to patients is always the top priority, increasing revenue is also essential to keep the practice running smoothly. For nurse practitioner practice owners who are looking to boost their income, there are several strategies they can implement to achieve their Read More
Looking for the perfect CPA for your nurse practitioner practice? Learn how to find the best CPA for your practice. As a nurse practitioner, it’s important to not only focus on the health of your patients but also on the financial health of your practice. One of the most important decisions you’ll make for your Read More
Is it a recession? A slow down? Something else? Regardless, NPs need to understand how to protect their practices and even thrive. The news is quite unsettling these days on many fronts and there is a lot of talk in healthcare about the economy and if, when, and how it will impact healthcare and healthcare Read More
It’s not uncommon that NPs approach business with the idea that they can bootstrap their business. Indeed, if you do an internet search, you’ll find tons of articles on how to bootstrap your business. Indeed, there are many companies that did their startup this way. However, it just means they did not go after investors. Read More
A common concern when starting a practice is where will you get the money, and how will you fund this practice. There are many ways to approach funding your business. For example, a few funding options you might use include: Personal Savings Personal loans Commercial Loans Selling a home or obtaining a home equity line Read More
There are 6 habits that practice owners have, often for the sake of time, that will hurt their practices. It’s widely known that most businesses fail because of poor cash flow. These 6 habits directly contribute to negatively impacting your practices’ financial health. Habit: Failure to verify If your practice accepts insurance coverage, you must Read More
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