When it comes to medical equipment, the cost is a major factor to consider. Used medical equipment can be an excellent option for nurse practitioners just getting started in their own practice as well as established practice owners. The upside to purchasing used equipment is that you can save money without sacrificing quality. Used medical Read More
California passed a law, AB-890, effective January 1, 2023, giving NPs in their state more autonomy than they previously enjoyed. It’s being implemented in a stepwise fashion. And like many laws, it’s rather confusing for everyone involved. On January 12, 2022, NPBO was lucky enough to host a webinar with Melanie Balestra who is a 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
There are several different kinds of policies and areas of coverage when it comes to business insurance. For practice owners, this can get a bit confusing. In this episode #62 of the NP Business Matters Podcast, I’m talking about the different kinds of insurance, why you might want to have them, and where to find Read More
If you are billing third-party payers, chances are you’ve run into a glitch or two. Creating better billing habits just might help you breathe easier. Very few of us would say our processes cannot be improved. And judging from some of the NPs I’ve spoken to, and the questions I’ve received, the billing process is 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
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